Research Frontiers
REFR
37 hedge funds and large institutions have $21.1M invested in Research Frontiers in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
6% more funds holding
Funds holding: 35 → 37 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $21.5M → $21.1M (-$436K)
33% less call options, than puts
Call options by funds: $75K | Put options by funds: $112K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Goldman Capital Management
New York
|
+$390K |
| 2 |
CIS
Connors Investor Services
Wyomissing,
Pennsylvania
|
+$178K |
| 3 |
ISL
Ingalls & Snyder LLC
New York
|
+$133K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$75.9K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$74.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$307K |
| 2 |
JP Morgan Chase
New York
|
-$64K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$51K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$37.1K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$36K |
REFR Hedge Fund Activity: Q3 2015 in Review
37 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q3 2015, worth a combined $21.1M — down 2% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new REFR positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Capital Management, adding an estimated $390K. The largest seller was Fidelity Investments, cutting an estimated $307K.
- 37 institutional investors held Research Frontiers (REFR) as of Q3 2015, up from 35 in Q2 2015.
- Funds reported $21.1M of Research Frontiers stock for Q3 2015, down 2% quarter-over-quarter.
- 7 funds opened new Research Frontiers positions in Q3 2015 and 5 closed out, a net change of +2 holders.
- The largest Research Frontiers buyer in Q3 2015 was Goldman Capital Management, an estimated $390K added.
- The largest Research Frontiers seller in Q3 2015 was Fidelity Investments, an estimated $307K sold.
Based on aggregated 13F filings for Q3 2015.