Research Frontiers
REFR
28 hedge funds and large institutions have $2.03M invested in Research Frontiers in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 29 → 28 (-1)
7.53% less ownership
Funds ownership: 16.18% → 8.65% (-7.5%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less capital invested
Capital invested by funds: $4.05M → $2.03M (-$2.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Family Management
New York
|
+$50.6K |
| 2 |
CPA
Cowen Prime Advisors
New York
|
+$43.7K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$30.9K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$24.3K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$284K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$30K |
| 3 |
OA
Outfitter Advisors
Mclean,
Virginia
|
-$15K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
AFM
27
Anson Funds Management
Dallas,
Texas
| – | -$284K | -273,037 | Closed |
|
|
UCFA
28
United Capital Financial Advisors
Irving,
Texas
| – | -$30K | -29,077 | Closed |
|
|
OA
29
Outfitter Advisors
Mclean,
Virginia
| – | -$15K | -14,000 | Closed |
|
REFR Hedge Fund Activity: Q1 2018 in Review
28 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q1 2018, worth a combined $2.03M — down 50% from $4.05M a quarter earlier.
Fund positioning in REFR was balanced in Q1 2018: 5 funds opened new positions, 5 closed out, 4 added to existing stakes and 7 trimmed.
The largest buyer was Family Management, opening a new position worth an estimated $50.6K. The largest seller was Anson Funds Management, exiting entirely with an estimated $284K sold.
- 28 institutional investors held Research Frontiers (REFR) as of Q1 2018, down from 29 in Q4 2017.
- Funds reported $2.03M of Research Frontiers stock for Q1 2018, down 50% quarter-over-quarter.
- 5 funds opened new Research Frontiers positions in Q1 2018 and 5 closed out, a net change of 0 holders.
- The largest Research Frontiers buyer in Q1 2018 was Family Management, an estimated $50.6K added.
- The largest Research Frontiers seller in Q1 2018 was Anson Funds Management, an estimated $284K sold.
Based on aggregated 13F filings for Q1 2018.