Research Frontiers
REFR
41 hedge funds and large institutions have $23.8M invested in Research Frontiers in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 6 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
6% more capital invested
Capital invested by funds: $22.4M → $23.8M (+$1.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.01% less ownership
Funds ownership: 19.45% → 16.44% (-3%)
9% less funds holding
Funds holding: 45 → 41 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
91% less call options, than puts
Call options by funds: $82K | Put options by funds: $918K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Goldman Capital Management
New York
|
+$714K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$649K |
| 3 |
LPL Financial
San Diego,
California
|
+$56.7K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$50K |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$48.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$2.6M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.07M |
| 3 |
Morgan Stanley
New York
|
-$330K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$87.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$72.5K |
REFR Hedge Fund Activity: Q2 2014 in Review
41 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q2 2014, worth a combined $23.8M — up 6.2% from $22.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of REFR and 2 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Goldman Capital Management, adding an estimated $714K. The largest seller was Harvest Capital Strategies, exiting entirely with an estimated $2.6M sold.
- 41 institutional investors held Research Frontiers (REFR) as of Q2 2014, down from 45 in Q1 2014.
- Funds reported $23.8M of Research Frontiers stock for Q2 2014, up 6.2% quarter-over-quarter.
- 2 funds opened new Research Frontiers positions in Q2 2014 and 6 closed out, a net change of -4 holders.
- The largest Research Frontiers buyer in Q2 2014 was Goldman Capital Management, an estimated $714K added.
- The largest Research Frontiers seller in Q2 2014 was Harvest Capital Strategies, an estimated $2.6M sold.
Based on aggregated 13F filings for Q2 2014.