Research Frontiers
REFR
31 hedge funds and large institutions have $6.42M invested in Research Frontiers in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
18% more capital invested
Capital invested by funds: $5.43M → $6.42M (+$986K)
2.64% more ownership
Funds ownership: 8.57% → 11.2% (+2.6%)
3% less funds holding
Funds holding: 32 → 31 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WWP
WR Wealth Planners
Columbia,
Missouri
|
+$1.87M |
| 2 |
BG
Benedetti & Gucer
Atlanta,
Georgia
|
+$61.6K |
| 3 |
Millennium Management
New York
|
+$27.2K |
| 4 |
Morgan Stanley
New York
|
+$19.8K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$8.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$124K |
| 2 |
VF
Virtu Financial
New York
|
-$29K |
| 3 |
RCM
RNC Capital Management
Los Angeles,
California
|
-$24K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$8.38K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.55K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSPIA
26
Cary Street Partners Investment Advisory
Richmond,
Virginia
| $6.84K | – | – | – |
|
27
JP Morgan Chase
New York
| $2K | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $1.71K | – | – | – |
|
|
29
UBS Group
Zurich,
Switzerland
| $1.59K | -$8.38K | -4,243 | -82% |
|
30
BNP Paribas Financial Markets
Paris,
France
| $1.37K | -$324 | -164 | -17% |
|
31
Bank of America
Charlotte,
North Carolina
| $342 | -$136 | -69 | -26% |
|
|
MCC
32
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$124K | -64,962 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$29K | -15,126 | Closed |
|
|
RCM
34
RNC Capital Management
Los Angeles,
California
| – | -$24K | -12,500 | Closed |
|
REFR Hedge Fund Activity: Q1 2023 in Review
31 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q1 2023, worth a combined $6.42M — up 18% from $5.43M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of REFR and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 7 added.
The largest buyer was WR Wealth Planners, opening a new position worth an estimated $1.87M. The largest seller was Money Concepts Capital, exiting entirely with an estimated $124K sold.
- 31 institutional investors held Research Frontiers (REFR) as of Q1 2023, down from 32 in Q4 2022.
- Funds reported $6.42M of Research Frontiers stock for Q1 2023, up 18% quarter-over-quarter.
- 2 funds opened new Research Frontiers positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest Research Frontiers buyer in Q1 2023 was WR Wealth Planners, an estimated $1.87M added.
- The largest Research Frontiers seller in Q1 2023 was Money Concepts Capital, an estimated $124K sold.
Based on aggregated 13F filings for Q1 2023.