Research Frontiers
REFR
36 hedge funds and large institutions have $5.03M invested in Research Frontiers in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
9% more funds holding
Funds holding: 33 → 36 (+3)
0.09% more ownership
Funds ownership: 17.49% → 17.57% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $5.42M → $5.03M (-$391K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
+$38.4K |
| 2 |
GCM
Goldman Capital Management
New York
|
+$37.2K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$18.9K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$16.5K |
| 5 |
Renaissance Technologies
New York
|
+$12.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$38.8K |
| 2 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
-$29.8K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$26K |
| 4 |
OA
Outfitter Advisors
Mclean,
Virginia
|
-$14.4K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Renaissance Technologies
New York
| $12K | +$12.5K | +10,400 | New |
|
27
Group One Trading
Chicago,
Illinois
| $10K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $8K | +$4.53K | +3,777 | +142% |
|
29
Bank of America
Charlotte,
North Carolina
| $5K | +$1.82K | +1,517 | +57% |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$599 | +500 | New |
|
|
SI
32
Stephens Inc
Little Rock,
Arkansas
| – | -$26K | -20,000 | Closed |
|
|
33
Creative Planning
Overland Park,
Kansas
| – | -$8K | -6,150 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$3K | -2,546 | Closed |
|
|
NA
35
NewEdge Advisors
New Orleans,
Louisiana
| – | -$492 | -400 | Closed |
|
36
Barclays
London,
United Kingdom
| – | -$28 | -23 | -27% |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$20 | +17 | New |
|
38
Simplex Trading
Chicago,
Illinois
| – | +$78 | +65 | New |
|
39
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$111 | +93 | New |
|
REFR Hedge Fund Activity: Q3 2017 in Review
36 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q3 2017, worth a combined $5.03M — down 7.2% from $5.42M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new REFR positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Shufro Rose & Co, adding an estimated $38.4K. The largest seller was Vanguard Group, cutting an estimated $38.8K.
- 36 institutional investors held Research Frontiers (REFR) as of Q3 2017, up from 33 in Q2 2017.
- Funds reported $5.03M of Research Frontiers stock for Q3 2017, down 7.2% quarter-over-quarter.
- 7 funds opened new Research Frontiers positions in Q3 2017 and 4 closed out, a net change of +3 holders.
- The largest Research Frontiers buyer in Q3 2017 was Shufro Rose & Co, an estimated $38.4K added.
- The largest Research Frontiers seller in Q3 2017 was Vanguard Group, an estimated $38.8K sold.
Based on aggregated 13F filings for Q3 2017.