Research Frontiers
REFR
54 hedge funds and large institutions have $15.8M invested in Research Frontiers in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 4 closing their positions.
2,280% more call options, than puts
Call options by funds: $119K | Put options by funds: $5K
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
9% more capital invested
Capital invested by funds: $14.4M → $15.8M (+$1.33M)
6% more funds holding
Funds holding: 51 → 54 (+3)
0.89% more ownership
Funds ownership: 16.94% → 17.82% (+0.89%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$257K |
| 2 |
State Street
Boston,
Massachusetts
|
+$201K |
| 3 |
JP Morgan Chase
New York
|
+$173K |
| 4 |
VF
Virtu Financial
New York
|
+$94.4K |
| 5 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$84.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$176K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$82K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$54K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$48.9K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$47.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Whittier Trust
South Pasadena,
California
| $2K | – | – | – |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| $1K | – | – | – |
|
|
AIG
53
American International Group
New York
| $43 | -$1.25K | -442 | -3% |
|
|
54
Arrowstreet Capital
Boston,
Massachusetts
| – | -$82K | -30,400 | Closed |
|
|
SI
55
Stephens Inc
Little Rock,
Arkansas
| – | -$54K | -20,000 | Closed |
|
56
Wolverine Trading
Chicago,
Illinois
| – | -$47K | -16,577 | Closed |
|
57
Fidelity Investments
Boston,
Massachusetts
| – | -$31.5K | -11,155 | -99% |
|
|
PFS
58
Prospera Financial Services
Dallas,
Texas
| – | -$2K | -750 | Closed |
|
REFR Hedge Fund Activity: Q4 2020 in Review
54 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q4 2020, worth a combined $15.8M — up 9.2% from $14.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new REFR positions and 4 closed out — a net gain of 3 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock, adding an estimated $257K. The largest seller was Susquehanna International Group, cutting an estimated $176K.
- 54 institutional investors held Research Frontiers (REFR) as of Q4 2020, up from 51 in Q3 2020.
- Funds reported $15.8M of Research Frontiers stock for Q4 2020, up 9.2% quarter-over-quarter.
- 7 funds opened new Research Frontiers positions in Q4 2020 and 4 closed out, a net change of +3 holders.
- The largest Research Frontiers buyer in Q4 2020 was BlackRock, an estimated $257K added.
- The largest Research Frontiers seller in Q4 2020 was Susquehanna International Group, an estimated $176K sold.
Based on aggregated 13F filings for Q4 2020.