Research Frontiers REFR Institutional Ownership

NASDAQ REFR

$0.71 +0.01 (+1.64%)

As of: Sep 30, 2026 · 12:59 PM EDT

Institutions by Trading Activity

34 Institutions

Increased 10 29.4%

Unchanged 16 47.1%

Reduced 8 23.5%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

10.54%

▼-0.66 pp QoQ

Shares Held by Institutions

3.68Mn

of 34.87Mn outstanding

▼-3.44% QoQ

Shares Outstanding

34.87Mn

31.19Mn held outside 13F filers

Institutional Investors

filed 13F for Jun 2026

▼-1 vs prior quarter

Net Shares Added (QoQ)

-130.96K

distributed since last quarter

Value of Holdings

$2.57Mn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Quarter ending 30 Jun, 2026

Research Frontiers Inc (NASDAQ:REFR) is held by 34 institutional investors per 13F filings through June 2026.

Their combined ownership stood at 10.5% of outstanding shares in June 2026, down from 11.2% in March 2026.
They decreased total shares held in Research Frontiers by -3.44% from the prior quarter, while the number of investors in REFR increased 13.33% year over year.
Of these 34 funds, 10 grew their exposure to Research Frontiers, 8 cut back, and 16 maintained positions.
In total, institutional investors held 3.68Mn shares in Research Frontiers as of June 2026, down by 130.96K shares quarter on quarter, and down 707.84K shares year over year.
MGO ONE SEVEN LLC holds the largest position in REFR at 886.6K shares as of June 30, 2026, or 2.54% of shares outstanding.
The biggest buyers of Research Frontiers for the quarter ending June 2026 included TCTC Holdings, LLC (20.0K), CGN Advisors LLC (14.35K), VANGUARD CAPITAL MANAGEMENT LLC (12.5K), Tower Research Capital LLC (TRC) (3.16K), GEODE CAPITAL MANAGEMENT, LLC (3.09K).
The largest sellers of Research Frontiers for the quarter ending June 2026 were BlackRock, Inc. (75.86K), MGO ONE SEVEN LLC (31.58K), Kingsview Wealth Management, LLC (27.8K), RENAISSANCE TECHNOLOGIES LLC (27.51K), XTX Topco Ltd (15.47K).
Per Business Quant data, the top 10 holders of Research Frontiers for the quarter ending June 2026 are MGO ONE SEVEN LLC (886.6K), VANGUARD CAPITAL MANAGEMENT LLC (580.65K), BlackRock, Inc. (532.54K), Focus Partners Wealth (496.42K), GEODE CAPITAL MANAGEMENT, LLC (305.85K), VANGUARD FIDUCIARY TRUST CO (177.03K), SUSQUEHANNA INTERNATIONAL GROUP, LLP (155.07K), State Street Corp (105.62K), SHUFRO ROSE & CO LLC (97.5K), Northern Trust Corp (52.63K).

Form 13F Holdings

34 Institutional Holders

Report period 30 Jun, 2026

Total shares held 3.68Mn

Of outstanding 10.54%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	MGO ONE SEVEN LLC	0001731444	886,602	2.54%	▼31,580	-3.44%	$461.03K
2	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	580,654	1.67%	▲12,500	+2.20%	$301.94K
3	BlackRock, Inc.	0002012383	532,542	1.53%	▼75,856	-12.47%	$276.92K
4	Focus Partners Wealth	0001542153	496,422	1.42%	0	0.00%	$258.14K
5	GEODE CAPITAL MANAGEMENT, LLC	0001214717	305,847	0.88%	▲3,086	+1.02%	$159.09K
6	VANGUARD FIDUCIARY TRUST CO	0000933478	177,030	0.51%	0	0.00%	$92.06K
7	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0001446194	155,066	0.44%	▼1,720	-1.10%	$80.64K
8	State Street Corp	0000093751	105,623	0.30%	0	0.00%	$54.92K
9	SHUFRO ROSE & CO LLC	0000908195	97,500	0.28%	0	0.00%	$50.70K
10	Northern Trust Corp	0000073124	52,630	0.15%	0	0.00%	$27.37K
11	RENAISSANCE TECHNOLOGIES LLC	0001037389	40,789	0.12%	▼27,511	-40.28%	$21.21K
12	HM PAYSON & CO	0000928052	20,000	0.06%	0	0.00%	$10.40K
12	TCTC Holdings, LLC	0001483870	20,000	0.06%	▲20,000	0.00%	$10.40K
12	FreeGulliver LLC	0002032561	20,000	0.06%	0	0.00%	$10.40K
13	Raymond James Financial Inc	0000720005	17,880	0.05%	0	0.00%	$9.30K
14	XTX Topco Ltd	0001828301	17,504	0.05%	▼15,466	-46.91%	$9.10K
15	Kingsview Wealth Management, LLC	0001791965	17,150	0.05%	▼27,800	-61.85%	$8.92K
16	CGN Advisors LLC	0001841506	14,350	0.04%	▲14,350	0.00%	$7.46K
17	Focus Advisor Solutions, LLC	0001868872	14,091	0.04%	0	0.00%	$7.33K
18	MERCER GLOBAL ADVISORS INC /ADV	0000853758	14,000	0.04%	0	0.00%	$7.28K

Showing 1 to 20 of 34 holders