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Research Frontiers

39 hedge funds and large institutions have $9.2M invested in Research Frontiers in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

21.01% more ownership

Funds ownership: 0%21.01% (+21%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

3% less funds holding

Funds holding: 4039 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

28% less capital invested

Capital invested by funds: $12.8M → $9.2M (-$3.61M)

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
0.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
8
Reduced
8
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GCM
1
Goldman Capital Management
New York
$4.13M -$18.4K -8,900 -0.4%
BIT
2
BlackRock Institutional Trust
California
$1.23M
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.11M -$96.8K -46,751 -7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$641K +$111K +53,802 +18%
AFM
5
Anson Funds Management
Texas
$289K +$329K +158,937 New
SRC
6
Shufro Rose & Co
New York
$242K -$128K -61,800 -32%
CIS
7
Connors Investor Services
Pennsylvania
$217K +$92.5K +44,699 +60%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$180K +$712 +344 +0.3%
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$114K
BFA
10
BlackRock Fund Advisors
California
$106K +$3.35K +1,616 +3%
Northern Trust
11
Northern Trust
Illinois
$73K +$2.61K +1,259 +3%
FAAS
12
First Allied Advisory Services
California
$70K
OA
13
Outfitter Advisors
Virginia
$66K
Bank of America
14
Bank of America
North Carolina
$66K +$58.6K +28,294 +360%
UCFA
15
United Capital Financial Advisors
Texas
$61K
Fiera Capital (Canada)
16
Fiera Capital (Canada)
Quebec, Canada
$60K
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$58K
RJA
18
Raymond James & Associates
Florida
$50K -$1.03K -500 -2%
VKH
19
Virtu KCG Holdings
New York
$46K +$51.8K +25,002 New
Bank of New York Mellon
20
Bank of New York Mellon
New York
$45K -$2.86K -1,381 -5%
ISL
21
Ingalls & Snyder LLC
New York
$42K -$7.66K -3,700 -14%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$41K -$1.03K -500 -2%
Morgan Stanley
23
Morgan Stanley
New York
$41K +$35.4K +17,100 +337%
PFS
24
Prospera Financial Services
Texas
$37K
SI
25
Stephens Inc
Arkansas
$36K

REFR Hedge Fund Activity: Q4 2016 in Review

39 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q4 2016, worth a combined $9.2M — down 28% from $12.8M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of REFR and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.

The largest buyer was Anson Funds Management, opening a new position worth an estimated $329K. The largest seller was Shufro Rose & Co, cutting an estimated $128K.

  • 39 institutional investors held Research Frontiers (REFR) as of Q4 2016, down from 40 in Q3 2016.
  • Funds reported $9.2M of Research Frontiers stock for Q4 2016, down 28% quarter-over-quarter.
  • 5 funds opened new Research Frontiers positions in Q4 2016 and 6 closed out, a net change of -1 holder.
  • The largest Research Frontiers buyer in Q4 2016 was Anson Funds Management, an estimated $329K added.
  • The largest Research Frontiers seller in Q4 2016 was Shufro Rose & Co, an estimated $128K sold.

Based on aggregated 13F filings for Q4 2016.