Frontdoor
FTDR
228 hedge funds and large institutions have $3.57B invested in Frontdoor in 2021 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 97 increasing their positions, 73 reducing their positions, and 40 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 73
1.5% less ownership
Funds ownership: 100.76% → 99.26% (-1.5%)
7% less funds holding
Funds holding: 246 → 228 (-18)
14% less call options, than puts
Call options by funds: $2.29M | Put options by funds: $2.65M
17% less capital invested
Capital invested by funds: $4.3B → $3.57B (-$735M)
35% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 40
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$60.9M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$37.4M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$37.4M |
| 4 |
Millennium Management
New York
|
+$20.4M |
| 5 |
IC
Impactive Capital
New York City,
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$82.4M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$79.2M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$28.3M |
| 4 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
-$23.1M |
| 5 |
EOJOAM
E. Ohman J:or Asset Management
Stockholm,
Sweden
|
-$18M |
FTDR Hedge Fund Activity: Q3 2021 in Review
228 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Frontdoor (FTDR) for Q3 2021, worth a combined $3.57B — down 17% from $4.3B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FTDR and 26 opened new positions — a net loss of 14 holders — while 73 trimmed existing stakes and 97 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $60.9M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $82.4M sold.
- 228 institutional investors held Frontdoor (FTDR) as of Q3 2021, down from 246 in Q2 2021.
- Funds reported $3.57B of Frontdoor stock for Q3 2021, down 17% quarter-over-quarter.
- 26 funds opened new Frontdoor positions in Q3 2021 and 40 closed out, a net change of -14 holders.
- The largest Frontdoor buyer in Q3 2021 was ArrowMark Colorado Holdings, an estimated $60.9M added.
- The largest Frontdoor seller in Q3 2021 was Iridian Asset Management, an estimated $82.4M sold.
Based on aggregated 13F filings for Q3 2021.