RESEARCH FRONTIERS INC (REFR)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
Institutions report 3,676,427 shares against 34,867,786 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| MGO ONE SEVEN LLC | $463.6K incl. $2.6K options CALL | 886,602 | 0.01% | 6q | -3.4%-$16.5K |
| VANGUARD CAPITAL MANAGEMENT LLC | $301.9K | 580,654 | 0.00% | 2q | +2.2%+$6.5K |
| BlackRock, Inc. | $276.9K | 532,542 | 0.00% | 8q | -12.5%-$39.4K |
| Focus Partners Wealth | $258.1K | 496,422 | 0.00% | 7q | HELD |
| GEODE CAPITAL MANAGEMENT, LLC | $159.1K | 305,847 | 0.00% | 31q | +1.0%+$1.6K |
| VANGUARD FIDUCIARY TRUST CO | $92.1K | 177,030 | 0.00% | 2q | HELD |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $80.6K | 155,066 | 0.00% | 9q | -1.1% |
| STATE STREET CORP | $54.9K | 105,623 | 0.00% | 25q | HELD |
| SHUFRO ROSE & CO LLC | $50.7K | 97,500 | 0.00% | 31q | HELD |
| NORTHERN TRUST CORP | $27.4K | 52,630 | 0.00% | 31q | HELD |
| RENAISSANCE TECHNOLOGIES LLC | $21.2K | 40,789 | 0.00% | 13q | -40.3%-$14.3K |
| HM PAYSON & CO | $10.4K | 20,000 | 0.00% | 5q | HELD |
| TCTC Holdings, LLC | $10.4K | 20,000 | 0.00% | new | NEW |
| FreeGulliver LLC | $10.4K | 20,000 | 0.00% | 10q | HELD |
| RAYMOND JAMES FINANCIAL INC | $9.3K | 17,880 | 0.00% | 7q | HELD |
| XTX Topco Ltd | $9.1K | 17,504 | 0.00% | 3q | -46.9%-$8.0K |
| Kingsview Wealth Management, LLC | $8.9K | 17,150 | 0.00% | 30q | -61.8%-$14.5K |
| CGN Advisors LLC | $7.5K | 14,350 | 0.00% | new | NEW |
| Focus Partners Advisor Solutions, LLC | $7.3K | 14,091 | 0.00% | 2q | HELD |
| MERCER GLOBAL ADVISORS INC /ADV | $7.3K | 14,000 | 0.00% | 24q | HELD |
| Schonfeld Strategic Advisors LLC | $7.2K | 13,857 | 0.00% | 24q | HELD |
| CITADEL ADVISORS LLC | $6.9K CALL | options only | 0.00% | new | OPTIONS |
| JANE STREET GROUP, LLC | $6.6K | 12,649 | 0.00% | 3q | +9.3% |
| GOLDMAN SACHS GROUP INC | $6.0K | 11,561 | 0.00% | 2q | -37.5%-$3.6K |
| Vanguard Global Advisers, LLC | $5.8K | 11,108 | 0.00% | 2q | HELD |
| Farrell Financial LLC | $5.4K | 10,307 | 0.00% | 2q | -1.4% |
| HB Wealth Management, LLC | $5.2K | 10,000 | 0.00% | 19q | HELD |
| Tower Research Capital LLC (TRC) | $4.8K | 9,215 | 0.00% | 19q | +52.2%+$1.6K |
| OSAIC HOLDINGS, INC. | $2.1K | 4,000 | 0.00% | 3q | HELD |
| MORGAN STANLEY | $2.1K | 3,967 | 0.00% | 35q | +0.8% |
| EVOLUTION WEALTH MANAGEMENT INC. | $780 | 1,500 | 0.00% | new | NEW |
| UBS Group AG | $719 | 1,382 | 0.00% | 10q | +17.7% |
| JPMORGAN CHASE & CO | $574 | 1,042 | 0.00% | 25q | HELD |
| BARCLAYS PLC | $80 | 154 | 0.00% | new | NEW |
| SBI Securities Co., Ltd. | $3 | 5 | 0.00% | 2q | HELD |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 4 | $652.5K | 885,096 | 0 | 0 | 1 | 0.3% |
| Q2 2026 | 35 | $1.9M | 3,676,427 | 5 | 6 | 8 | 0.5% |
| Q1 2026 | 35 | $3.5M | 3,825,595 | 6 | 5 | 7 | 0.4% |
| Q4 2025 | 34 | $5.3M | 3,980,437 | 8 | 9 | 8 | 0.8% |
| Q3 2025 | 31 | $6.9M | 4,205,668 | 2 | 6 | 6 | 3.9% |
| Q2 2025 | 32 | $7.2M | 4,388,201 | 2 | 6 | 9 | 0.9% |
| Q1 2025 | 33 | $5.2M | 4,519,734 | 5 | 6 | 5 | 2.5% |
| Q4 2024 | 32 | $8.8M | 5,129,111 | 4 | 5 | 6 | 0.4% |
| Q3 2024 | 31 | $7.0M | 3,211,427 | 3 | 8 | 6 | 0.8% |
| Q2 2024 | 31 | $7.9M | 4,147,500 | 5 | 8 | 4 | 0.7% |
| Q1 2024 | 34 | $5.8M | 4,147,942 | 5 | 3 | 12 | 2.0% |
| Q4 2023 | 34 | $3.4M | 3,333,024 | 3 | 6 | 11 | 0.0% |
| Q3 2023 | 37 | $3.7M | 3,398,113 | 3 | 2 | 14 | 0.2% |
| Q2 2023 | 38 | $5.4M | 3,403,311 | 8 | 9 | 5 | 0.0% |
| Q1 2023 | 32 | $6.5M | 3,753,388 | 2 | 6 | 5 | 1.1% |
| Q4 2022 | 34 | $5.5M | 2,839,277 | 7 | 3 | 5 | 0.5% |
| Q3 2022 | 27 | $6.0M | 2,756,948 | 4 | 2 | 7 | 2.4% |
| Q2 2022 | 26 | $4.9M | 2,761,672 | 3 | 3 | 7 | 1.3% |
| Q1 2022 | 27 | $5.6M | 2,907,042 | 1 | 6 | 7 | 1.0% |
| Q4 2021 | 32 | $5.8M | 3,134,252 | 3 | 4 | 9 | 7.6% |
| Q3 2021 | 31 | $8.8M | 3,207,405 | 1 | 4 | 11 | 6.4% |
| Q2 2021 | 44 | $8.3M | 3,369,095 | 8 | 9 | 15 | 3.7% |
| Q1 2021 | 54 | $16.6M | 5,682,605 | 8 | 15 | 23 | 2.7% |
| Q4 2020 | 52 | $16.0M | 5,644,721 | 7 | 21 | 12 | 1.1% |
| Q3 2020 | 50 | $14.7M | 5,341,867 | 10 | 11 | 14 | 1.8% |
| Q2 2020 | 54 | $22.2M | 5,271,283 | 23 | 14 | 3 | 3.6% |
| Q1 2020 | 34 | $6.8M | 2,801,642 | 4 | 5 | 7 | 3.9% |
| Q4 2019 | 33 | $9.3M | 2,972,424 | 3 | 9 | 7 | 3.9% |
| Q3 2019 | 39 | $19.2M | 5,829,689 | 13 | 9 | 3 | 2.8% |
| Q2 2019 | 29 | $8.1M | 2,287,866 | 3 | 8 | 3 | 6.2% |
| Q1 2019 | 31 | $4.5M | 1,988,723 | 10 | 3 | 5 | 5.1% |
| Q4 2018 | 23 | $2.7M | 1,711,122 | 0 | 0 | 0 | 0.0% |