Frontline
166 hedge funds and large institutions have $1.01B invested in Frontline in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 57 increasing their positions, 48 reducing their positions, and 39 closing their positions.
40% more call options, than puts
Call options by funds: $39.3M | Put options by funds: $28M
21% more capital invested
Capital invested by funds: $835M → $1.01B (+$176M)
19% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 48
15% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 39
2% more funds holding
Funds holding: 163 → 166 (+3)
1.57% less ownership
Funds ownership: 25.76% → 24.2% (-1.6%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$106M |
| 2 |
Morgan Stanley
New York
|
+$20.5M |
| 3 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$19.4M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$17.8M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$9.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$23.7M |
| 2 |
Millennium Management
New York
|
-$23.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$22.2M |
| 4 |
Citigroup
New York
|
-$20.2M |
| 5 |
Bank of New York Mellon
New York
|
-$20M |
FRO Hedge Fund Activity: Q3 2023 in Review
166 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Frontline (FRO) for Q3 2023, worth a combined $1.01B — up 21% from $835M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FRO positions and 39 closed out — a net gain of 6 holders — while 57 added to existing stakes and 48 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $106M. The largest seller was Renaissance Technologies, cutting an estimated $23.7M.
- 166 institutional investors held Frontline (FRO) as of Q3 2023, up from 163 in Q2 2023.
- Funds reported $1.01B of Frontline stock for Q3 2023, up 21% quarter-over-quarter.
- 45 funds opened new Frontline positions in Q3 2023 and 39 closed out, a net change of +6 holders.
- The largest Frontline buyer in Q3 2023 was Arrowstreet Capital, an estimated $106M added.
- The largest Frontline seller in Q3 2023 was Renaissance Technologies, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2023.