Frontline
FRO
94 hedge funds and large institutions have $143M invested in Frontline in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 12 closing their positions.
8% more capital invested
Capital invested by funds: $132M → $143M (+$10.9M)
0.91% more ownership
Funds ownership: 12.33% → 13.23% (+0.91%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
2% less funds holding
Funds holding: 96 → 94 (-2)
62% less call options, than puts
Call options by funds: $2.23M | Put options by funds: $5.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$6.6M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$3.85M |
| 3 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$3.56M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.36M |
| 5 |
Renaissance Technologies
New York
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$12M |
| 2 |
LAM
Lingohr Asset Management
Duesseldorf,
Germany
|
-$11.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.69M |
| 4 |
N
Natixis
Paris,
France
|
-$2.76M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.82M |
FRO Hedge Fund Activity: Q3 2017 in Review
94 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q3 2017, worth a combined $143M — up 8.3% from $132M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FRO and 11 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 30 added.
The largest buyer was Evermore Global Advisors, adding an estimated $6.6M. The largest seller was Westpac Banking Corp, exiting entirely with an estimated $12M sold.
- 94 institutional investors held Frontline (FRO) as of Q3 2017, down from 96 in Q2 2017.
- Funds reported $143M of Frontline stock for Q3 2017, up 8.3% quarter-over-quarter.
- 11 funds opened new Frontline positions in Q3 2017 and 12 closed out, a net change of -1 holder.
- The largest Frontline buyer in Q3 2017 was Evermore Global Advisors, an estimated $6.6M added.
- The largest Frontline seller in Q3 2017 was Westpac Banking Corp, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2017.