Research Frontiers
REFR
39 hedge funds and large institutions have $5.44M invested in Research Frontiers in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
26% more funds holding
Funds holding: 31 → 39 (+8)
1.04% less ownership
Funds ownership: 11.2% → 10.16% (-1%)
15% less capital invested
Capital invested by funds: $6.42M → $5.44M (-$974K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$189K |
| 2 |
Jane Street
New York
|
+$95.1K |
| 3 |
Goldman Sachs
New York
|
+$82.6K |
| 4 |
Renaissance Technologies
New York
|
+$46.9K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$38.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.12M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$56K |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$8.89K |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$8.89K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.85K |
REFR Hedge Fund Activity: Q2 2023 in Review
39 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q2 2023, worth a combined $5.44M — down 15% from $6.42M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new REFR positions and 2 closed out — a net gain of 8 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $189K. The largest seller was Vanguard Group, cutting an estimated $1.12M.
- 39 institutional investors held Research Frontiers (REFR) as of Q2 2023, up from 31 in Q1 2023.
- Funds reported $5.44M of Research Frontiers stock for Q2 2023, down 15% quarter-over-quarter.
- 10 funds opened new Research Frontiers positions in Q2 2023 and 2 closed out, a net change of +8 holders.
- The largest Research Frontiers buyer in Q2 2023 was HRT Financial, an estimated $189K added.
- The largest Research Frontiers seller in Q2 2023 was Vanguard Group, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2023.