Frontdoor
FTDR
261 hedge funds and large institutions have $4.64B invested in Frontdoor in 2021 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 83 increasing their positions, 108 reducing their positions, and 29 closing their positions.
295% more call options, than puts
Call options by funds: $8.15M | Put options by funds: $2.06M
48% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 29
33% more funds holding in top 10
Funds holding in top 10: 9 → 12 (+3)
5% more capital invested
Capital invested by funds: $4.4B → $4.64B (+$240M)
5% more funds holding
Funds holding: 248 → 261 (+13)
1.64% less ownership
Funds ownership: 102.59% → 100.95% (-1.6%)
23% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$115M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$38.3M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$34.4M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$19.2M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$70.4M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$52.5M |
| 3 |
Millennium Management
New York
|
-$37.1M |
| 4 |
AC
Armistice Capital
New York
|
-$32.9M |
| 5 |
LP
Longview Partners
St Peter Port,
Guernsey
|
-$22.4M |
FTDR Hedge Fund Activity: Q1 2021 in Review
261 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Frontdoor (FTDR) for Q1 2021, worth a combined $4.64B — up 5.4% from $4.4B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FTDR positions and 29 closed out — a net gain of 14 holders — while 83 added to existing stakes and 108 trimmed.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $115M. The largest seller was Gates Capital Management, exiting entirely with an estimated $70.4M sold.
- 261 institutional investors held Frontdoor (FTDR) as of Q1 2021, up from 248 in Q4 2020.
- Funds reported $4.64B of Frontdoor stock for Q1 2021, up 5.4% quarter-over-quarter.
- 43 funds opened new Frontdoor positions in Q1 2021 and 29 closed out, a net change of +14 holders.
- The largest Frontdoor buyer in Q1 2021 was Durable Capital Partners, an estimated $115M added.
- The largest Frontdoor seller in Q1 2021 was Gates Capital Management, an estimated $70.4M sold.
Based on aggregated 13F filings for Q1 2021.