Frontline
174 hedge funds and large institutions have $1.35B invested in Frontline in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 59 reducing their positions, and 39 closing their positions.
117% more call options, than puts
Call options by funds: $29.9M | Put options by funds: $13.8M
12% more capital invested
Capital invested by funds: $1.21B → $1.35B (+$146M)
5% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 59
0.24% less ownership
Funds ownership: 23.76% → 23.52% (-0.24%)
4% less funds holding
Funds holding: 182 → 174 (-8)
15% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 39
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.2M |
| 2 |
EQF
Evergreen Quality Fund
Grand Cayman,
Cayman Islands
|
+$19.9M |
| 3 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$17.4M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.2M |
| 5 |
Goldman Sachs
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$29.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.7M |
| 3 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$22.3M |
| 4 |
Two Sigma Advisers
New York
|
-$18.6M |
| 5 |
PAM
Pinpoint Asset Management
Hong Kong
|
-$10.4M |
FRO Hedge Fund Activity: Q2 2024 in Review
174 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q2 2024, worth a combined $1.35B — up 12% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of FRO and 33 opened new positions — a net loss of 6 holders — while 59 trimmed existing stakes and 62 added.
The largest buyer was Fidelity Investments, adding an estimated $52.2M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $29.8M sold.
- 174 institutional investors held Frontline (FRO) as of Q2 2024, down from 182 in Q1 2024.
- Funds reported $1.35B of Frontline stock for Q2 2024, up 12% quarter-over-quarter.
- 33 funds opened new Frontline positions in Q2 2024 and 39 closed out, a net change of -6 holders.
- The largest Frontline buyer in Q2 2024 was Fidelity Investments, an estimated $52.2M added.
- The largest Frontline seller in Q2 2024 was Encompass Capital Advisors, an estimated $29.8M sold.
Based on aggregated 13F filings for Q2 2024.