Frontline
136 hedge funds and large institutions have $305M invested in Frontline in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
3.65% less ownership
Funds ownership: 25.69% → 22.03% (-3.7%)
12% less funds holding
Funds holding: 154 → 136 (-18)
14% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 49
21% less capital invested
Capital invested by funds: $388M → $305M (-$82.9M)
35% less call options, than puts
Call options by funds: $6.41M | Put options by funds: $9.84M
50% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$13.9M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$6.27M |
| 3 |
GL
Gemsstock Ltd
London,
United Kingdom
|
+$3.36M |
| 4 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$2.41M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.4M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$14.2M |
| 3 |
D.E. Shaw & Co
New York
|
-$11.9M |
| 4 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$6.23M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.3M |
FRO Hedge Fund Activity: Q3 2020 in Review
136 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q3 2020, worth a combined $305M — down 21% from $388M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FRO and 18 opened new positions — a net loss of 18 holders — while 49 trimmed existing stakes and 42 added.
The largest buyer was Janus Henderson Group, adding an estimated $13.9M. The largest seller was Fidelity Investments, cutting an estimated $30.4M.
- 136 institutional investors held Frontline (FRO) as of Q3 2020, down from 154 in Q2 2020.
- Funds reported $305M of Frontline stock for Q3 2020, down 21% quarter-over-quarter.
- 18 funds opened new Frontline positions in Q3 2020 and 36 closed out, a net change of -18 holders.
- The largest Frontline buyer in Q3 2020 was Janus Henderson Group, an estimated $13.9M added.
- The largest Frontline seller in Q3 2020 was Fidelity Investments, an estimated $30.4M sold.
Based on aggregated 13F filings for Q3 2020.