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

$1.00-0.02 (-1.72%)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
2HM PAYSON & CO20,000$26.0M0.00%Share
3FreeGulliver LLC20,000$26.0M0.01%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
13VANGUARD GROUP INC586,341$00.00%Share
14VANGUARD GROUP INC11,108$00.00%Share
15VANGUARD GROUP INC177,030$00.00%Share
16GEODE CAPITAL MANAGEMENT, LLC260,278$00.00%Share
17GEODE CAPITAL MANAGEMENT, LLC50,933$00.00%Share
18MORGAN STANLEY3,935$00.00%Share
19BlackRock, Inc.5,313$00.00%Share
20BlackRock, Inc.64,472$00.00%Share
21BlackRock, Inc.534,341$00.00%Share
22BlackRock, Inc.1,000$00.00%Share
23OSAIC HOLDINGS, INC.4,000$00.00%Share
24XTX Topco Ltd21,057$00.00%Share
25ROYAL BANK OF CANADA144$00.00%Share
26Fairman Group, LLC125$00.00%Share
27RENAISSANCE TECHNOLOGIES LLC78,282$00.00%Share
28RAYMOND JAMES FINANCIAL INC500$00.00%Share
29RAYMOND JAMES FINANCIAL INC42,432$00.00%Share
30MERCER GLOBAL ADVISORS INC /ADV14,000$00.00%Share
31SUSQUEHANNA INTERNATIONAL GROUP, LLP27,848$00.00%Share
32SUSQUEHANNA INTERNATIONAL GROUP, LLP95,154$00.00%Share
33SUSQUEHANNA INTERNATIONAL GROUP, LLP15,600$00.00%Call
34Tower Research Capital LLC (TRC)2,069$00.00%Share
35BANK OF AMERICA CORP /DE/26$00.00%Share
36NORTHERN TRUST CORP52,630$00.00%Share
37Focus Partners Wealth496,422$00.00%Share
38CITIGROUP INC1$00.00%Share
39JPMORGAN CHASE & CO1,000$00.00%Share
40JPMORGAN CHASE & CO42$00.00%Share
41NewEdge Advisors, LLC250$00.00%Share
42Kingsview Wealth Management, LLC103,060$00.00%Share
43JANE STREET GROUP, LLC2$00.00%Share
44JANE STREET GROUP, LLC13,696$00.00%Share
45JANE STREET GROUP, LLC1,393$00.00%Share
46TWO SIGMA SECURITIES, LLC22,874$00.00%Share
47CITADEL ADVISORS LLC15,400$00.00%Call
48CITADEL ADVISORS LLC60,312$00.00%Share
49Rockefeller Capital Management L.P.2,700$00.00%Share
50CHARLES SCHWAB INVESTMENT MANAGEMENT INC21,870$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.