Frontdoor
FTDR
214 hedge funds and large institutions have $2.42B invested in Frontdoor in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 64 increasing their positions, 90 reducing their positions, and 28 closing their positions.
33% more capital invested
Capital invested by funds: $1.82B → $2.42B (+$599M)
7% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $2.29M
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
1% less funds holding
Funds holding: 217 → 214 (-3)
2.78% less ownership
Funds ownership: 108.86% → 106.08% (-2.8%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Mizuho Markets Americas
New York
|
+$44.9M |
| 2 |
MMC
Mizuho Markets Cayman
Grand Cayman,
Cayman Islands
|
+$44.9M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$37M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$31.7M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$101M |
| 2 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
-$41.2M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$29.8M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$16.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.8M |
FTDR Hedge Fund Activity: Q1 2023 in Review
214 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Frontdoor (FTDR) for Q1 2023, worth a combined $2.42B — up 33% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FTDR and 26 opened new positions — a net loss of 2 holders — while 90 trimmed existing stakes and 64 added.
The largest buyer was Mizuho Markets Americas, opening a new position worth an estimated $44.9M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $101M.
- 214 institutional investors held Frontdoor (FTDR) as of Q1 2023, down from 217 in Q4 2022.
- Funds reported $2.42B of Frontdoor stock for Q1 2023, up 33% quarter-over-quarter.
- 26 funds opened new Frontdoor positions in Q1 2023 and 28 closed out, a net change of -2 holders.
- The largest Frontdoor buyer in Q1 2023 was Mizuho Markets Americas, an estimated $44.9M added.
- The largest Frontdoor seller in Q1 2023 was ArrowMark Colorado Holdings, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2023.