Research Frontiers
REFR
38 hedge funds and large institutions have $3.67M invested in Research Frontiers in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 17 reducing their positions, and 3 closing their positions.
0.02% less ownership
Funds ownership: 10.16% → 10.14% (-0.02%)
3% less funds holding
Funds holding: 39 → 38 (-1)
33% less capital invested
Capital invested by funds: $5.44M → $3.67M (-$1.78M)
33% less first-time investments, than exits
New positions opened: 2 | 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 |
SG
StoneX Group
New York
|
+$336K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$31.5K |
| 3 |
WWP
WR Wealth Planners
Columbia,
Missouri
|
+$6.04K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$819 |
| 5 |
JP Morgan Chase
New York
|
+$276 |
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
38 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Research Frontiers (REFR) for Q3 2023, worth a combined $3.67M — down 33% from $5.44M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of REFR and 2 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 4 added.
The largest buyer was StoneX Group, opening a new position worth an estimated $336K. The largest seller was Goldman Sachs, exiting entirely with an estimated $81.8K sold.
- 38 institutional investors held Research Frontiers (REFR) as of Q3 2023, down from 39 in Q2 2023.
- Funds reported $3.67M of Research Frontiers stock for Q3 2023, down 33% quarter-over-quarter.
- 2 funds opened new Research Frontiers positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Research Frontiers buyer in Q3 2023 was StoneX Group, an estimated $336K 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.