Frontline
102 hedge funds and large institutions have $366M invested in Frontline in 2019 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 22 closing their positions.
30% more capital invested
Capital invested by funds: $282M → $366M (+$83.9M)
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
2% more funds holding
Funds holding: 100 → 102 (+2)
1% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $10.2M
0.3% more ownership
Funds ownership: 20.71% → 21.02% (+0.3%)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$17.3M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$15M |
| 3 |
Renaissance Technologies
New York
|
+$7.33M |
| 4 |
Citigroup
New York
|
+$6.81M |
| 5 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$3.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$5.94M |
| 2 |
Millennium Management
New York
|
-$4.82M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$4.62M |
| 4 |
Goldman Sachs
New York
|
-$4.18M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$2.74M |
FRO Hedge Fund Activity: Q3 2019 in Review
102 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q3 2019, worth a combined $366M — up 30% from $282M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FRO positions and 22 closed out — a net gain of 3 holders — while 27 added to existing stakes and 28 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $17.3M. The largest seller was Odey Asset Management Group, cutting an estimated $5.94M.
- 102 institutional investors held Frontline (FRO) as of Q3 2019, up from 100 in Q2 2019.
- Funds reported $366M of Frontline stock for Q3 2019, up 30% quarter-over-quarter.
- 25 funds opened new Frontline positions in Q3 2019 and 22 closed out, a net change of +3 holders.
- The largest Frontline buyer in Q3 2019 was JP Morgan Chase, an estimated $17.3M added.
- The largest Frontline seller in Q3 2019 was Odey Asset Management Group, an estimated $5.94M sold.
Based on aggregated 13F filings for Q3 2019.