Frontline
FRO
163 hedge funds and large institutions have $1.46B invested in Frontline in 2023 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 40 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
45% more capital invested
Capital invested by funds: $1.01B → $1.46B (+$452M)
25% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 40
19% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 42
5% more funds holding
Funds holding: 155 → 163 (+8)
2.41% less ownership
Funds ownership: 37.31% → 34.91% (-2.4%)
24% less call options, than puts
Call options by funds: $17.4M | Put options by funds: $22.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$61.4M |
| 2 |
Goldman Sachs
New York
|
+$20.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$19.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$18.8M |
| 5 |
Bank of New York Mellon
New York
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$66.5M |
| 2 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$58.1M |
| 3 |
Millennium Management
New York
|
-$44.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$36.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
201
Spire Wealth Management
Mclean,
Virginia
| – | -$7K | -543 | Closed |
|
202
US Bancorp
Minneapolis,
Minnesota
| – | -$3.61K | -297 | Closed |
|
|
MSCM
203
McElhenny Sheffield Capital Management
Dallas,
Texas
| – | -$2.73K | -225 | Closed |
|
|
BTI
204
Blue Trust Inc
Alpharetta,
Georgia
| – | -$472 | -30 | -68% |
|
FRO Hedge Fund Activity: Q1 2023 in Review
163 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q1 2023, worth a combined $1.46B — up 45% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FRO positions and 40 closed out — a net gain of 10 holders — while 50 added to existing stakes and 42 trimmed.
The largest buyer was Barclays, adding an estimated $61.4M. The largest seller was Vanguard Group, cutting an estimated $66.5M.
- 163 institutional investors held Frontline (FRO) as of Q1 2023, up from 155 in Q4 2022.
- Funds reported $1.46B of Frontline stock for Q1 2023, up 45% quarter-over-quarter.
- 50 funds opened new Frontline positions in Q1 2023 and 40 closed out, a net change of +10 holders.
- The largest Frontline buyer in Q1 2023 was Barclays, an estimated $61.4M added.
- The largest Frontline seller in Q1 2023 was Vanguard Group, an estimated $66.5M sold.
Based on aggregated 13F filings for Q1 2023.