Frontline
101 hedge funds and large institutions have $119M invested in Frontline in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more capital invested
Capital invested by funds: $83.4M → $119M (+$35.7M)
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
4% more funds holding
Funds holding: 97 → 101 (+4)
2.27% more ownership
Funds ownership: 7.61% → 9.88% (+2.3%)
44% less call options, than puts
Call options by funds: $5.49M | Put options by funds: $9.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$6.28M |
| 2 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$5.54M |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
+$5.08M |
| 4 |
SC
Selz Capital
New York
|
+$4.43M |
| 5 |
LAM
Lingohr Asset Management
Duesseldorf,
Germany
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
-$2.93M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.32M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.89M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.56M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Marshall Wace
London,
United Kingdom
| – | -$1.89M | -263,243 | Closed |
|
102
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$175K | -24,412 | Closed |
|
|
SO
103
STRS Ohio
Columbus,
Ohio
| – | -$149K | -20,800 | Closed |
|
|
PC
104
Palo Capital
Newport Beach,
California
| – | -$141K | -19,639 | Closed |
|
105
Two Sigma Advisers
New York
| – | -$108K | -15,020 | Closed |
|
106
SG Americas Securities
New York
| – | -$87K | -12,089 | Closed |
|
107
AQR Capital Management
Greenwich,
Connecticut
| – | -$78K | -10,838 | Closed |
|
108
US Bancorp
Minneapolis,
Minnesota
| – | -$14.8K | -2,000 | -100% |
|
109
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5.06K | -685 | -94% |
|
|
CHC
110
City Holding Co
Charleston,
West Virginia
| – | -$1K | -100 | Closed |
|
|
AG
111
Advisor Group
Phoenix,
Arizona
| – | +$7 | +1 | +2% |
|
FRO Hedge Fund Activity: Q4 2016 in Review
101 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q4 2016, worth a combined $119M — up 43% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FRO positions and 12 closed out — a net gain of 7 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was Russell Clark Investment Management, opening a new position worth an estimated $6.28M. The largest seller was QVT Financial, exiting entirely with an estimated $2.93M sold.
- 101 institutional investors held Frontline (FRO) as of Q4 2016, up from 97 in Q3 2016.
- Funds reported $119M of Frontline stock for Q4 2016, up 43% quarter-over-quarter.
- 19 funds opened new Frontline positions in Q4 2016 and 12 closed out, a net change of +7 holders.
- The largest Frontline buyer in Q4 2016 was Russell Clark Investment Management, an estimated $6.28M added.
- The largest Frontline seller in Q4 2016 was QVT Financial, an estimated $2.93M sold.
Based on aggregated 13F filings for Q4 2016.