Research Frontiers
REFR
37 hedge funds and large institutions have $3.43M invested in Research Frontiers in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 17 reducing their positions, and 3 closing their positions.
0.68% less ownership
Funds ownership: 10.16% → 9.48% (-0.68%)
5% less funds holding
Funds holding: 39 → 37 (-2)
37% less capital invested
Capital invested by funds: $5.44M → $3.43M (-$2.02M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
76% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$31.5K |
| 2 |
WWP
WR Wealth Planners
Columbia,
Missouri
|
+$6.04K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$819 |
| 4 |
JP Morgan Chase
New York
|
+$276 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$21 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$81.8K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$58.4K |
| 3 |
HF
HRT Financial
New York
|
-$46.4K |
| 4 |
Jane Street
New York
|
-$45.6K |
| 5 |
BlackRock
New York
|
-$33.8K |
REFR Hedge Fund Activity: Q3 2023 in Review
37 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q3 2023, worth a combined $3.43M — down 37% from $5.44M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of REFR and 1 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 4 added.
The largest buyer was Geode Capital Management, adding an estimated $31.5K. The largest seller was Goldman Sachs, exiting entirely with an estimated $81.8K sold.
- 37 institutional investors held Research Frontiers (REFR) as of Q3 2023, down from 39 in Q2 2023.
- Funds reported $3.43M of Research Frontiers stock for Q3 2023, down 37% quarter-over-quarter.
- 1 fund opened new Research Frontiers positions in Q3 2023 and 3 closed out, a net change of -2 holders.
- The largest Research Frontiers buyer in Q3 2023 was Geode Capital Management, an estimated $31.5K added.
- The largest Research Frontiers seller in Q3 2023 was Goldman Sachs, an estimated $81.8K sold.
Based on aggregated 13F filings for Q3 2023.