Frontline
154 hedge funds and large institutions have $388M invested in Frontline in 2020 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 46 closing their positions.
50% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 46
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
17% more funds holding
Funds holding: 132 → 154 (+22)
0.05% more ownership
Funds ownership: 25.64% → 25.69% (+0.05%)
20% less capital invested
Capital invested by funds: $485M → $388M (-$97.3M)
33% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $15.5M
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$48.6M |
| 2 |
State Street
Boston,
Massachusetts
|
+$16.7M |
| 3 |
Janus Henderson Group
London,
|
+$13.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$16.9M |
| 2 |
JP Morgan Chase
New York
|
-$16.7M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$15.2M |
| 4 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$13.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$12M |
FRO Hedge Fund Activity: Q2 2020 in Review
154 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q2 2020, worth a combined $388M — down 20% from $485M a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new FRO positions and 46 closed out — a net gain of 23 holders — while 40 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $48.6M. The largest seller was Marshall Wace, exiting entirely with an estimated $16.9M sold.
- 154 institutional investors held Frontline (FRO) as of Q2 2020, up from 132 in Q1 2020.
- Funds reported $388M of Frontline stock for Q2 2020, down 20% quarter-over-quarter.
- 69 funds opened new Frontline positions in Q2 2020 and 46 closed out, a net change of +23 holders.
- The largest Frontline buyer in Q2 2020 was BlackRock, an estimated $48.6M added.
- The largest Frontline seller in Q2 2020 was Marshall Wace, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2020.