Frontline
118 hedge funds and large institutions have $517M invested in Frontline in 2019 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 24 closing their positions.
75% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more capital invested
Capital invested by funds: $366M → $517M (+$151M)
16% more funds holding
Funds holding: 102 → 118 (+16)
11% more call options, than puts
Call options by funds: $18.9M | Put options by funds: $17M
0.57% less ownership
Funds ownership: 21.02% → 20.45% (-0.57%)
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.7M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.92M |
| 3 |
Goldman Sachs
New York
|
+$5.59M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$4.62M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$12.6M |
| 2 |
Millennium Management
New York
|
-$7.75M |
| 3 |
Morgan Stanley
New York
|
-$7.27M |
| 4 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$6.64M |
| 5 |
JP Morgan Chase
New York
|
-$5.96M |
FRO Hedge Fund Activity: Q4 2019 in Review
118 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q4 2019, worth a combined $517M — up 41% from $366M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FRO positions and 24 closed out — a net gain of 18 holders — while 29 added to existing stakes and 31 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $23.7M. The largest seller was Marshall Wace, cutting an estimated $12.6M.
- 118 institutional investors held Frontline (FRO) as of Q4 2019, up from 102 in Q3 2019.
- Funds reported $517M of Frontline stock for Q4 2019, up 41% quarter-over-quarter.
- 42 funds opened new Frontline positions in Q4 2019 and 24 closed out, a net change of +18 holders.
- The largest Frontline buyer in Q4 2019 was Fidelity Investments, an estimated $23.7M added.
- The largest Frontline seller in Q4 2019 was Marshall Wace, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2019.