Frontdoor
FTDR
248 hedge funds and large institutions have $4.4B invested in Frontdoor in 2020 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 77 increasing their positions, 88 reducing their positions, and 36 closing their positions.
235% more call options, than puts
Call options by funds: $6.29M | Put options by funds: $1.88M
28% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 36
27% more capital invested
Capital invested by funds: $3.47B → $4.4B (+$936M)
4% more funds holding
Funds holding: 239 → 248 (+9)
1.63% less ownership
Funds ownership: 104.22% → 102.59% (-1.6%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
13% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$52.7M |
| 2 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$27.2M |
| 3 |
Millennium Management
New York
|
+$20.8M |
| 4 |
Morgan Stanley
New York
|
+$17.8M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$117M |
| 2 |
LP
Longview Partners
St Peter Port,
Guernsey
|
-$27.7M |
| 3 |
Renaissance Technologies
New York
|
-$19.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$17M |
| 5 |
GCM
Gates Capital Management
New York
|
-$14.5M |
FTDR Hedge Fund Activity: Q4 2020 in Review
248 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Frontdoor (FTDR) for Q4 2020, worth a combined $4.4B — up 27% from $3.47B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FTDR positions and 36 closed out — a net gain of 10 holders — while 77 added to existing stakes and 88 trimmed.
The largest buyer was Van Berkom & Associates, opening a new position worth an estimated $52.7M. The largest seller was Capital Research Global Investors, cutting an estimated $117M.
- 248 institutional investors held Frontdoor (FTDR) as of Q4 2020, up from 239 in Q3 2020.
- Funds reported $4.4B of Frontdoor stock for Q4 2020, up 27% quarter-over-quarter.
- 46 funds opened new Frontdoor positions in Q4 2020 and 36 closed out, a net change of +10 holders.
- The largest Frontdoor buyer in Q4 2020 was Van Berkom & Associates, an estimated $52.7M added.
- The largest Frontdoor seller in Q4 2020 was Capital Research Global Investors, an estimated $117M sold.
Based on aggregated 13F filings for Q4 2020.