Research Frontiers
REFR
32 hedge funds and large institutions have $5.43M invested in Research Frontiers in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
23% more funds holding
Funds holding: 26 → 32 (+6)
0.25% less ownership
Funds ownership: 8.82% → 8.57% (-0.25%)
9% less capital invested
Capital invested by funds: $5.94M → $5.43M (-$511K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$148K |
| 2 |
NLP
Next Level Private
Harrison,
New York
|
+$36.4K |
| 3 |
VF
Virtu Financial
New York
|
+$34.5K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$21.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$122K |
| 2 |
Jane Street
New York
|
-$40K |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$15.9K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$13.7K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $14K | +$4.09K | +1,796 | +31% |
|
|
27
UBS Group
Zurich,
Switzerland
| $9.89K | +$11.8K | +5,176 | New |
|
|
CSPIA
28
Cary Street Partners Investment Advisory
Richmond,
Virginia
| $7.68K | +$9.11K | +4,000 | New |
|
29
JP Morgan Chase
New York
| $2K | – | – | – |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $2K | – | – | – |
|
31
BNP Paribas Financial Markets
Paris,
France
| $1.84K | – | – | – |
|
32
Bank of America
Charlotte,
North Carolina
| $514 | +$613 | +269 | New |
|
|
33
Jane Street
New York
| – | -$40K | -18,577 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -529 | Closed |
|
REFR Hedge Fund Activity: Q4 2022 in Review
32 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q4 2022, worth a combined $5.43M — down 8.6% from $5.94M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new REFR positions and 2 closed out — a net gain of 6 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Money Concepts Capital, opening a new position worth an estimated $148K. The largest seller was Millennium Management, cutting an estimated $122K.
- 32 institutional investors held Research Frontiers (REFR) as of Q4 2022, up from 26 in Q3 2022.
- Funds reported $5.43M of Research Frontiers stock for Q4 2022, down 8.6% quarter-over-quarter.
- 8 funds opened new Research Frontiers positions in Q4 2022 and 2 closed out, a net change of +6 holders.
- The largest Research Frontiers buyer in Q4 2022 was Money Concepts Capital, an estimated $148K added.
- The largest Research Frontiers seller in Q4 2022 was Millennium Management, an estimated $122K sold.
Based on aggregated 13F filings for Q4 2022.