Who Owns Research Frontiers Incorporated (REFR)?Hedge Fund & Institutional Holders

$1.02+0.01 (+1.49%)TechnologyNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$1.270002600026e+68T

% of Float Held

QoQ Change in Holders

+12 / -1

Price History

$0.90$1.27$1.63$2.00$2.36Sep 24Jun 25Mar 26

REFR — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
HM PAYSON & CONew Position+20K+$26.0M
MGO ONE SEVEN LLCNew Position+918K+$1.2M
Virtu Financial LLCNew Position+21K+$27K
HALBERT HARGROVE GLOBAL ADVISORS, LLCNew Position+15K+$19K
HB Wealth Management, LLCNew Position+10K+$13K
ROYAL BANK OF CANADAIncreased+115+$0
GEODE CAPITAL MANAGEMENT, LLCIncreased+3K+$0
CITADEL ADVISORS LLCNew Position+60K+$0
TWO SIGMA SECURITIES, LLCNew Position+23K+$0
JANE STREET GROUP, LLCNew Position+15K+$0
OSAIC HOLDINGS, INC.New Position+4K+$0
Rockefeller Capital Management L.P.New Position+3K+$0
XTX Topco LtdNew Position+21K+$0
Fairman Group, LLCNew Position+125+$0
BANK OF AMERICA CORP /DE/Increased+1+$0

REFR — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
Focus Partners WealthDecreased-394K-$1.4B
Kingsview Wealth Management, LLCDecreased-40K-$227.7M
RENAISSANCE TECHNOLOGIES LLCDecreased-10K-$140.1M
UBS Group AGDecreased-5K-$9.0M
NewEdge Advisors, LLCDecreased-2K-$3.1M
SHUFRO ROSE & CO LLCDecreased-15K-$464K
BARCLAYS PLCClosed Position-9-$14K

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1SHUFRO ROSE & CO LLC97,500$127.0M0.01%Share
2FreeGulliver LLC20,000$26.0M0.01%Share
3HM PAYSON & CO20,000$26.0M0.37%Share
4UBS Group AG2,000$2.0M0.00%Share
5MGO ONE SEVEN LLC918,182$1.2M0.02%Share
6UBS Group AG1,002$1.0M0.00%Share
7NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO9,010$603K0.00%Share
8Virtu Financial LLC20,798$27K0.00%Share
9HALBERT HARGROVE GLOBAL ADVISORS, LLC15,000$19K0.00%Share
10Schonfeld Strategic Advisors LLC13,836$18K0.00%Share
11HB Wealth Management, LLC10,000$13K0.00%Share
12MGO ONE SEVEN LLC2,000$2K0.00%Call
13MORGAN STANLEY3,935$00.00%Share
14BlackRock, Inc.1,000$00.00%Share
15BlackRock, Inc.5,313$00.00%Share
16BlackRock, Inc.64,472$00.00%Share
17BlackRock, Inc.534,341$00.00%Share
18CITADEL ADVISORS LLC60,312$00.00%Share
19Rockefeller Capital Management L.P.2,700$00.00%Share
20CHARLES SCHWAB INVESTMENT MANAGEMENT INC21,870$00.00%Share
21STATE STREET CORP105,623$00.00%Share
22VANGUARD GROUP INC586,341$00.00%Share
23VANGUARD GROUP INC11,108$00.00%Share
24VANGUARD GROUP INC177,030$00.00%Share
25GEODE CAPITAL MANAGEMENT, LLC260,278$00.00%Share
26GEODE CAPITAL MANAGEMENT, LLC50,933$00.00%Share
27OSAIC HOLDINGS, INC.4,000$00.00%Share
28XTX Topco Ltd21,057$00.00%Share
29ROYAL BANK OF CANADA144$00.00%Share
30Fairman Group, LLC125$00.00%Share
31RENAISSANCE TECHNOLOGIES LLC78,282$00.00%Share
32RAYMOND JAMES FINANCIAL INC500$00.00%Share
33RAYMOND JAMES FINANCIAL INC42,432$00.00%Share
34MERCER GLOBAL ADVISORS INC /ADV14,000$00.00%Share
35SUSQUEHANNA INTERNATIONAL GROUP, LLP27,848$00.00%Share
36SUSQUEHANNA INTERNATIONAL GROUP, LLP95,154$00.00%Share
37SUSQUEHANNA INTERNATIONAL GROUP, LLP15,600$00.00%Call
38Tower Research Capital LLC (TRC)2,069$00.00%Share
39BANK OF AMERICA CORP /DE/26$00.00%Share
40NORTHERN TRUST CORP52,630$00.00%Share
41Focus Partners Wealth496,422$00.00%Share
42CITIGROUP INC1$00.00%Share
43JPMORGAN CHASE & CO1,000$00.00%Share
44JPMORGAN CHASE & CO42$00.00%Share
45NewEdge Advisors, LLC250$00.00%Share
46Kingsview Wealth Management, LLC103,060$00.00%Share
47JANE STREET GROUP, LLC2$00.00%Share
48JANE STREET GROUP, LLC13,696$00.00%Share
49JANE STREET GROUP, LLC1,393$00.00%Share
50TWO SIGMA SECURITIES, LLC22,874$00.00%Share

REFR Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202536$183.9M+12
Q3 202524$2.3B-2
Q2 202526$4.3B-7
Q1 202533$4.4B+3
Q4 202430$315.0B+5
Q3 202425$424.6B-1
Q2 202426$300.3B-1
Q1 202427$127.4B

Similar Stocks by Institutional Ownership

As of Q4 2025, 50 institutional investors hold REFR (Research Frontiers Incorporated). The largest holder is SHUFRO ROSE & CO LLC with $127.0M in shares. This quarter, 12 institutions opened new positions and 1 closed their positions.

Frequently Asked Questions

How many hedge funds own REFR?

As of Q4 2025, 50 institutional investors report holding REFR (Research Frontiers Incorporated) in their 13F filings.

Who is the largest institutional holder of REFR?

The largest institutional holder of REFR is SHUFRO ROSE & CO LLC with $127.0M in shares.

Is institutional ownership of REFR increasing or decreasing?

This quarter, 12 institutions opened new positions in REFR and 1 closed their positions.