Frontline
97 hedge funds and large institutions have $160M invested in Frontline in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
23% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $2.01M
3% more funds holding
Funds holding: 94 → 97 (+3)
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less ownership
Funds ownership: 17.26% → 16.26% (-1%)
6% less capital invested
Capital invested by funds: $171M → $160M (-$10.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.08M |
| 2 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$960K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$356K |
| 4 |
Man Group
London,
United Kingdom
|
+$349K |
| 5 |
Barclays
London,
United Kingdom
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$4.51M |
| 2 |
JP Morgan Chase
New York
|
-$2.49M |
| 3 |
Renaissance Technologies
New York
|
-$1.66M |
| 4 |
BCM
Bienville Capital Management
New York
|
-$1.13M |
| 5 |
Citigroup
New York
|
-$881K |
FRO Hedge Fund Activity: Q3 2018 in Review
97 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q3 2018, worth a combined $160M — down 6.2% from $171M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FRO positions and 10 closed out — a net gain of 3 holders — while 25 added to existing stakes and 24 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $2.08M. The largest seller was Marshall Wace, exiting entirely with an estimated $4.51M sold.
- 97 institutional investors held Frontline (FRO) as of Q3 2018, up from 94 in Q2 2018.
- Funds reported $160M of Frontline stock for Q3 2018, down 6.2% quarter-over-quarter.
- 13 funds opened new Frontline positions in Q3 2018 and 10 closed out, a net change of +3 holders.
- The largest Frontline buyer in Q3 2018 was Goldman Sachs, an estimated $2.08M added.
- The largest Frontline seller in Q3 2018 was Marshall Wace, an estimated $4.51M sold.
Based on aggregated 13F filings for Q3 2018.