Research Frontiers
REFR
41 hedge funds and large institutions have $20.4M invested in Research Frontiers in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
613% more call options, than puts
Call options by funds: $228K | Put options by funds: $32K
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
8% more funds holding
Funds holding: 38 → 41 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $23.6M → $20.4M (-$3.15M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Goldman Capital Management
New York
|
+$309K |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$163K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$150K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$94.1K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$399K |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$126K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$38K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$20.8K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$12.9K |
REFR Hedge Fund Activity: Q1 2016 in Review
41 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q1 2016, worth a combined $20.4M — down 13% from $23.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new REFR positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Capital Management, adding an estimated $309K. The largest seller was Fidelity Investments, cutting an estimated $399K.
- 41 institutional investors held Research Frontiers (REFR) as of Q1 2016, up from 38 in Q4 2015.
- Funds reported $20.4M of Research Frontiers stock for Q1 2016, down 13% quarter-over-quarter.
- 5 funds opened new Research Frontiers positions in Q1 2016 and 2 closed out, a net change of +3 holders.
- The largest Research Frontiers buyer in Q1 2016 was Goldman Capital Management, an estimated $309K added.
- The largest Research Frontiers seller in Q1 2016 was Fidelity Investments, an estimated $399K sold.
Based on aggregated 13F filings for Q1 2016.