Research Frontiers
REFR
32 hedge funds and large institutions have $6.58M invested in Research Frontiers in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.47% less ownership
Funds ownership: 21.01% → 19.54% (-1.5%)
18% less funds holding
Funds holding: 39 → 32 (-7)
28% less capital invested
Capital invested by funds: $9.2M → $6.58M (-$2.62M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.28M |
| 2 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
+$8.6K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$5.84K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.94K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$888 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$289K |
| 2 |
GCM
Goldman Capital Management
New York
|
-$189K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$57.6K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$26K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $9K | – | – | – |
|
|
27
Bank of America
Charlotte,
North Carolina
| $4K | -$57.6K | -33,500 | -93% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | -$4.2K | -2,443 | -58% |
|
|
29
UBS Group
Zurich,
Switzerland
| $3K | +$1.94K | +1,127 | +114% |
|
30
Group One Trading
Chicago,
Illinois
| $1K | – | – | – |
|
|
AFM
31
Anson Funds Management
Dallas,
Texas
| – | -$289K | -158,937 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$26K | -14,139 | Closed |
|
|
JIC
33
Joel Isaacson & Co
New York
| – | -$12K | -6,850 | Closed |
|
34
Barclays
London,
United Kingdom
| – | +$119 | +69 | +460% |
|
REFR Hedge Fund Activity: Q1 2017 in Review
32 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q1 2017, worth a combined $6.58M — down 28% from $9.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of REFR and 1 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was BlackRock, opening a new position worth an estimated $1.28M. The largest seller was Anson Funds Management, exiting entirely with an estimated $289K sold.
- 32 institutional investors held Research Frontiers (REFR) as of Q1 2017, down from 39 in Q4 2016.
- Funds reported $6.58M of Research Frontiers stock for Q1 2017, down 28% quarter-over-quarter.
- 1 fund opened new Research Frontiers positions in Q1 2017 and 4 closed out, a net change of -3 holders.
- The largest Research Frontiers buyer in Q1 2017 was BlackRock, an estimated $1.28M added.
- The largest Research Frontiers seller in Q1 2017 was Anson Funds Management, an estimated $289K sold.
Based on aggregated 13F filings for Q1 2017.