Research Frontiers
REFR
27 hedge funds and large institutions have $7.62M invested in Research Frontiers in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.
211% more call options, than puts
Call options by funds: $174K | Put options by funds: $56K
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
77% more capital invested
Capital invested by funds: $4.29M → $7.62M (+$3.33M)
0.45% more ownership
Funds ownership: 6.94% → 7.38% (+0.45%)
7% less funds holding
Funds holding: 29 → 27 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$860K |
| 2 |
BlackRock
New York
|
+$183K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$42.4K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$41.6K |
| 5 |
VF
Virtu Financial
New York
|
+$36.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$164K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$39.7K |
| 3 |
Renaissance Technologies
New York
|
-$39K |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$28K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$6.28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
CCA
28
Catalyst Capital Advisors
Huntington,
New York
| – | -$164K | -76,000 | Closed |
|
|
29
Renaissance Technologies
New York
| – | -$39K | -18,123 | Closed |
|
|
BRWM
30
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$28K | -12,800 | Closed |
|
REFR Hedge Fund Activity: Q2 2019 in Review
27 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q2 2019, worth a combined $7.62M — up 77% from $4.29M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of REFR and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 8 added.
The largest buyer was Vanguard Group, adding an estimated $860K. The largest seller was Catalyst Capital Advisors, exiting entirely with an estimated $164K sold.
- 27 institutional investors held Research Frontiers (REFR) as of Q2 2019, down from 29 in Q1 2019.
- Funds reported $7.62M of Research Frontiers stock for Q2 2019, up 77% quarter-over-quarter.
- 2 funds opened new Research Frontiers positions in Q2 2019 and 4 closed out, a net change of -2 holders.
- The largest Research Frontiers buyer in Q2 2019 was Vanguard Group, an estimated $860K added.
- The largest Research Frontiers seller in Q2 2019 was Catalyst Capital Advisors, an estimated $164K sold.
Based on aggregated 13F filings for Q2 2019.