Frontline
179 hedge funds and large institutions have $1.03B invested in Frontline in 2023 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 60 increasing their positions, 55 reducing their positions, and 38 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
34% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 38
7% more funds holding
Funds holding: 167 → 179 (+12)
9% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 55
2% more capital invested
Capital invested by funds: $1.01B → $1.03B (+$15.5M)
1.23% less ownership
Funds ownership: 24.2% → 22.97% (-1.2%)
17% less call options, than puts
Call options by funds: $56.8M | Put options by funds: $68.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGIM
M&G Investment Management
London,
United Kingdom
|
+$28.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$25.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.5M |
| 4 |
FACM
Forest Avenue Capital Management
Miami,
Florida
|
+$11.7M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$30.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$25M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.5M |
| 4 |
Morgan Stanley
New York
|
-$22.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$15.2M |
FRO Hedge Fund Activity: Q4 2023 in Review
179 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q4 2023, worth a combined $1.03B — up 1.5% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FRO positions and 38 closed out — a net gain of 13 holders — while 60 added to existing stakes and 55 trimmed.
The largest buyer was M&G Investment Management, opening a new position worth an estimated $28.8M. The largest seller was UBS Group, cutting an estimated $30.8M.
- 179 institutional investors held Frontline (FRO) as of Q4 2023, up from 167 in Q3 2023.
- Funds reported $1.03B of Frontline stock for Q4 2023, up 1.5% quarter-over-quarter.
- 51 funds opened new Frontline positions in Q4 2023 and 38 closed out, a net change of +13 holders.
- The largest Frontline buyer in Q4 2023 was M&G Investment Management, an estimated $28.8M added.
- The largest Frontline seller in Q4 2023 was UBS Group, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2023.