First Manhattan’s Research Frontiers REFR Stock Holding History

First Manhattan’s Portfolio REFR Stock Details REFR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-800	Closed	-$4K	–	1465
2014 Q2	$4K	Hold	800	–	–	﹤0.01%	1302
2014 Q1	$4K	Buy	+800	New	+$5.07K	﹤0.01%	1287

Other funds holding REFR

GCM

Goldman Capital Management New York $103M AUM 21.37% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

SRC

Shufro Rose & Co New York $1.47B AUM 19.38% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

Cambridge Investment Research Advisors Fairfield, Iowa $38.8B AUM 21.88% 1-Year Est. Return

First Manhattan's REFR Position: Q3 2014 in Review

First Manhattan sold out of Research Frontiers (REFR) in Q3 2014, closing a stake of 800 shares — an estimated $4K sold.

First Manhattan first reported a position in REFR in Q1 2014 and held it in 2 quarters. The position peaked at $4K in Q2 2014. 41 funds tracked by Wall St. Rank hold REFR as of Q3 2014.

First Manhattan reported no remaining Research Frontiers position as of Q3 2014 after selling out during the quarter.
First Manhattan sold 800 Research Frontiers shares in Q3 2014, an estimated $4K.
First Manhattan first reported a position in Research Frontiers in Q1 2014 and held it in 2 quarters.
First Manhattan's Research Frontiers position peaked at $4K in Q2 2014.
41 funds tracked by Wall St. Rank held Research Frontiers as of Q3 2014.

Based on First Manhattan's 13F filing for Q3 2014, filed 23 Oct 2014.