Research Frontiers
REFR
30 hedge funds and large institutions have $6.99M invested in Research Frontiers in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.
2.79% less ownership
Funds ownership: 12.37% → 9.58% (-2.8%)
3% less funds holding
Funds holding: 31 → 30 (-1)
11% less capital invested
Capital invested by funds: $7.84M → $6.99M (-$851K)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$137K |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$93.9K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$73.4K |
| 4 |
WWP
WR Wealth Planners
Columbia,
Missouri
|
+$38.2K |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$28.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$2.05M |
| 2 |
Morgan Stanley
New York
|
-$177K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$61.5K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$25.8K |
| 5 |
Renaissance Technologies
New York
|
-$22.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $2.43K | -$2 | -1 | -0.1% |
|
27
BNP Paribas Financial Markets
Paris,
France
| $1.75K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $1.53K | +$925 | +447 | +179% |
|
|
FG
29
Fairman Group
Chesterbrook,
Pennsylvania
| $274 | – | – | – |
|
|
30
Focus Partners Wealth
Boston,
Massachusetts
| – | -$2.05M | -998,672 | Closed |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$61.5K | -33,423 | Closed |
|
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$25.8K | -14,000 | Closed |
|
33
Simplex Trading
Chicago,
Illinois
| – | -$333 | -161 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$261 | -126 | -95% |
|
REFR Hedge Fund Activity: Q3 2024 in Review
30 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q3 2024, worth a combined $6.99M — down 11% from $7.84M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of REFR and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was Vanguard Group, adding an estimated $137K. The largest seller was Focus Partners Wealth, exiting entirely with an estimated $2.05M sold.
- 30 institutional investors held Research Frontiers (REFR) as of Q3 2024, down from 31 in Q2 2024.
- Funds reported $6.99M of Research Frontiers stock for Q3 2024, down 11% quarter-over-quarter.
- 3 funds opened new Research Frontiers positions in Q3 2024 and 4 closed out, a net change of -1 holder.
- The largest Research Frontiers buyer in Q3 2024 was Vanguard Group, an estimated $137K added.
- The largest Research Frontiers seller in Q3 2024 was Focus Partners Wealth, an estimated $2.05M sold.
Based on aggregated 13F filings for Q3 2024.