Research Frontiers
REFR
34 hedge funds and large institutions have $6.56M invested in Research Frontiers in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
78% more call options, than puts
Call options by funds: $171K | Put options by funds: $96K
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
6% more funds holding
Funds holding: 32 → 34 (+2)
0.07% less ownership
Funds ownership: 8.99% → 8.92% (-0.07%)
22% less capital invested
Capital invested by funds: $8.41M → $6.56M (-$1.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$86.1K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$51.9K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$47.6K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$37.9K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$29.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Group One Trading
Chicago,
Illinois
|
-$95.2K |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$63K |
| 3 |
Jane Street
New York
|
-$38K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$35.2K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$33.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $11K | +$15.1K | +4,711 | New |
|
|
RCA
27
Ranch Capital Advisors
Sarasota,
Florida
| $10K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $10K | +$4.41K | +1,378 | +46% |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| $4K | – | – | – |
|
|
AIC
30
Ameritas Investment Company
Lincoln,
Nebraska
| $4K | +$5.6K | +1,750 | New |
|
31
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
33
Osaic Holdings
Scottsdale,
Arizona
| $1K | +$1.6K | +500 | New |
|
|
TI
34
tru Independence
Portland,
Oregon
| $2 | – | – | – |
|
|
BRWM
35
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$63K | -20,900 | Closed |
|
|
36
Jane Street
New York
| – | -$38K | -12,662 | Closed |
|
|
CM
37
Caption Management
Oklahoma City,
Oklahoma
| – | -$9K | -2,700 | Closed |
|
REFR Hedge Fund Activity: Q1 2020 in Review
34 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q1 2020, worth a combined $6.56M — down 22% from $8.41M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new REFR positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $86.1K. The largest seller was Group One Trading, cutting an estimated $95.2K.
- 34 institutional investors held Research Frontiers (REFR) as of Q1 2020, up from 32 in Q4 2019.
- Funds reported $6.56M of Research Frontiers stock for Q1 2020, down 22% quarter-over-quarter.
- 6 funds opened new Research Frontiers positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest Research Frontiers buyer in Q1 2020 was Millennium Management, an estimated $86.1K added.
- The largest Research Frontiers seller in Q1 2020 was Group One Trading, an estimated $95.2K sold.
Based on aggregated 13F filings for Q1 2020.