Frontline
81 hedge funds and large institutions have $24.1M invested in Frontline in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
49% more capital invested
Capital invested by funds: $16.1M → $24.1M (+$7.95M)
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
8% more funds holding
Funds holding: 75 → 81 (+6)
9% more call options, than puts
Call options by funds: $3.87M | Put options by funds: $3.55M
0.01% less ownership
Funds ownership: 2.34% → 2.33% (-0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$694K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$542K |
| 3 |
Goldman Sachs
New York
|
+$496K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$479K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.58M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$786K |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$429K |
| 4 |
Barclays
London,
United Kingdom
|
-$361K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$279K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
76
FineMark National Bank & Trust
Fort Myers,
Florida
| $1K | +$502 | +40 | New |
|
|
DAM
77
Delta Asset Management
Memphis,
Tennessee
| $1K | +$841 | +67 | New |
|
|
78
Renaissance Technologies
New York
| – | -$1.58M | -178,612 | Closed |
|
|
AC
79
Aristeia Capital
Greenwich,
Connecticut
| – | -$429K | -48,217 | Closed |
|
|
80
AQR Capital Management
Greenwich,
Connecticut
| – | -$279K | -31,520 | Closed |
|
|
81
Barclays
London,
United Kingdom
| – | -$361K | -28,748 | Closed |
|
82
Wellington Management Group
Boston,
Massachusetts
| – | -$219K | -24,711 | Closed |
|
83
Invesco
Atlanta,
Georgia
| – | -$126K | -14,133 | Closed |
|
|
OPERF
84
Oregon Public Employees Retirement Fund
Tigard,
Oregon
| – | -$110K | -12,413 | Closed |
|
|
OWP
85
Obermeyer Wealth Partners
Aspen,
Colorado
| – | -$14K | -1,600 | Closed |
|
86
Walleye Trading
New York
| – | -$8.75K | -697 | Closed |
|
|
GT
87
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$238 | +19 | New |
|
FRO Hedge Fund Activity: Q3 2013 in Review
81 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q3 2013, worth a combined $24.1M — up 49% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRO positions and 10 closed out — a net gain of 7 holders — while 28 added to existing stakes and 21 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $694K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $1.58M sold.
- 81 institutional investors held Frontline (FRO) as of Q3 2013, up from 75 in Q2 2013.
- Funds reported $24.1M of Frontline stock for Q3 2013, up 49% quarter-over-quarter.
- 17 funds opened new Frontline positions in Q3 2013 and 10 closed out, a net change of +7 holders.
- The largest Frontline buyer in Q3 2013 was Susquehanna International Group, an estimated $694K added.
- The largest Frontline seller in Q3 2013 was Renaissance Technologies, an estimated $1.58M sold.
Based on aggregated 13F filings for Q3 2013.