Frontdoor
FTDR
212 hedge funds and large institutions have $3B invested in Frontdoor in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 89 increasing their positions, 73 reducing their positions, and 36 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 73
0.18% less ownership
Funds ownership: 101.22% → 101.04% (-0.18%)
5% less call options, than puts
Call options by funds: $3.01M | Put options by funds: $3.16M
4% less funds holding
Funds holding: 221 → 212 (-9)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
14% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 36
26% less capital invested
Capital invested by funds: $4.06B → $3B (-$1.06B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Impactive Capital
New York City,
New York
|
+$32.8M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$26.2M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$18.2M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$18.2M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$51.4M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$25.8M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$24.8M |
| 4 |
Janus Henderson Group
London,
|
-$23.6M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$17.1M |
FTDR Hedge Fund Activity: Q1 2020 in Review
212 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Frontdoor (FTDR) for Q1 2020, worth a combined $3B — down 26% from $4.06B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FTDR and 31 opened new positions — a net loss of 5 holders — while 73 trimmed existing stakes and 89 added.
The largest buyer was Impactive Capital, opening a new position worth an estimated $32.8M. The largest seller was Chilton Investment Company, exiting entirely with an estimated $51.4M sold.
- 212 institutional investors held Frontdoor (FTDR) as of Q1 2020, down from 221 in Q4 2019.
- Funds reported $3B of Frontdoor stock for Q1 2020, down 26% quarter-over-quarter.
- 31 funds opened new Frontdoor positions in Q1 2020 and 36 closed out, a net change of -5 holders.
- The largest Frontdoor buyer in Q1 2020 was Impactive Capital, an estimated $32.8M added.
- The largest Frontdoor seller in Q1 2020 was Chilton Investment Company, an estimated $51.4M sold.
Based on aggregated 13F filings for Q1 2020.