Frontline
96 hedge funds and large institutions have $132M invested in Frontline in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 19 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
1.32% more ownership
Funds ownership: 11% → 12.33% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $139M → $132M (-$6.8M)
7% less funds holding
Funds holding: 103 → 96 (-7)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
84% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $6.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$7.96M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$7.33M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.55M |
| 4 |
N
Natixis
Paris,
France
|
+$3.08M |
| 5 |
Renaissance Technologies
New York
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$5.46M |
| 2 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$2.45M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$2.23M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$1.33M |
| 5 |
Millennium Management
New York
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
101
Advisor Group
Phoenix,
Arizona
| – | -$36.9K | -6,000 | -99% |
|
|
FPF
102
FNY Partners Fund
New York
| – | -$10K | -1,500 | Closed |
|
|
BFEC
103
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$10K | -1,490 | Closed |
|
|
SF
104
Synovus Financial
Columbus,
Georgia
| – | -$3K | -440 | Closed |
|
|
TRCT
105
Tower Research Capital (TRC)
New York
| – | -$3K | -413 | Closed |
|
106
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -320 | Closed |
|
107
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -106 | Closed |
|
|
RFM
108
Royal Fund Management
Lady Lake,
Florida
| – | -$485 | -79 | -40% |
|
|
CFD
109
Creative Financial Designs
Kokomo,
Indiana
| – | +$6 | +1 | +3% |
|
|
WAM
110
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$123 | +20 | New |
|
111
AssetMark Inc
Concord,
California
| – | +$430 | +70 | New |
|
FRO Hedge Fund Activity: Q2 2017 in Review
96 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q2 2017, worth a combined $132M — down 4.9% from $139M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FRO and 13 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 39 added.
The largest buyer was Evermore Global Advisors, adding an estimated $7.96M. The largest seller was Russell Clark Investment Management, exiting entirely with an estimated $5.46M sold.
- 96 institutional investors held Frontline (FRO) as of Q2 2017, down from 103 in Q1 2017.
- Funds reported $132M of Frontline stock for Q2 2017, down 4.9% quarter-over-quarter.
- 13 funds opened new Frontline positions in Q2 2017 and 19 closed out, a net change of -6 holders.
- The largest Frontline buyer in Q2 2017 was Evermore Global Advisors, an estimated $7.96M added.
- The largest Frontline seller in Q2 2017 was Russell Clark Investment Management, an estimated $5.46M sold.
Based on aggregated 13F filings for Q2 2017.