Frontline
FRO
100 hedge funds and large institutions have $282M invested in Frontline in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 31 increasing their positions, 14 reducing their positions, and 24 closing their positions.
121% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 14
93% more call options, than puts
Call options by funds: $7.7M | Put options by funds: $3.98M
36% more capital invested
Capital invested by funds: $207M → $282M (+$74.9M)
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
4% more funds holding
Funds holding: 96 → 100 (+4)
1.86% more ownership
Funds ownership: 18.85% → 20.71% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.4M |
| 2 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$10.2M |
| 3 |
JP Morgan Chase
New York
|
+$8.82M |
| 4 |
Renaissance Technologies
New York
|
+$5.32M |
| 5 |
Morgan Stanley
New York
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$24M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.96M |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$3.75M |
| 4 |
SIS
Susquehanna International Securities
Dublin,
Ireland
|
-$2.7M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
-$2.57M |
FRO Hedge Fund Activity: Q2 2019 in Review
100 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q2 2019, worth a combined $282M — up 36% from $207M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FRO positions and 24 closed out — a net gain of 6 holders — while 31 added to existing stakes and 14 trimmed.
The largest buyer was Millennium Management, adding an estimated $13.4M. The largest seller was BlackRock, exiting entirely with an estimated $24M sold.
- 100 institutional investors held Frontline (FRO) as of Q2 2019, up from 96 in Q1 2019.
- Funds reported $282M of Frontline stock for Q2 2019, up 36% quarter-over-quarter.
- 30 funds opened new Frontline positions in Q2 2019 and 24 closed out, a net change of +6 holders.
- The largest Frontline buyer in Q2 2019 was Millennium Management, an estimated $13.4M added.
- The largest Frontline seller in Q2 2019 was BlackRock, an estimated $24M sold.
Based on aggregated 13F filings for Q2 2019.