RESEARCH FRONTIERS INC (REFR) is held by 22 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is VANGUARD CAPITAL MANAGEMENT LLC as of Q2 2026.

Are institutions buying or selling REFR?

In Q2 2026, 6 institutions opened or increased positions in RESEARCH FRONTIERS INC while 8 reduced or exited — a net selling quarter.

What is the Smart Money Verdict on REFR?

HoldingsIntel scores RESEARCH FRONTIERS INC across four independent sources (institutional 13F activity, insider trades, activist filings, and congressional trades) — with 2 of the 4 carrying data for REFR. In Q2 2026, the institutional leg showed net outflows: 6 buying versus 8 selling.

How many hedge funds hold REFR?

22 institutional investors report holding RESEARCH FRONTIERS INC (REFR) as of Q2 2026, based on SEC 13F filings.

Is institutional money flowing into REFR?

As of Q2 2026, tracked institutions in RESEARCH FRONTIERS INC show 6 buyers versus 8 sellers — net outflows.

RESEARCH FRONTIERS INC

REFR·760911107·US·Common Stock·Technology - Electronic Components-13D/G

Holders

$1.3M

Total Value

43% (14)

Consensus

6 buying - 8 selling

13F: Jun 30, 2026Insider & Congress: Updated regularly

Smart Money Verdict

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Held by 22 funds

Who's Trading

Source dates: Price Sep 21, 2026 · Insiders none · Activists Oct 17, 2025 · Congress none

ActivistMSMorgan Stephen L.6.9%Oct 17, 2025

View all activist filings

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	Action
VAVANGUARD CAPITAL MANAGEMENT LLC	Increased	580,654(+2.2%)	$301,940	0.0%	-63.98%	16
BlackRock, Inc.	Decreased	532,542(-12.5%)	$276,922	0.0%	-78.74%	0
FWFocus Partners Wealth	Unchanged	496,422	$258,139	0.0%	-78.82%	0
GEODE CAPITAL MANAGEMENT, LLC	Increased	305,847(+1.0%)	$159,088	0.0%	-86.06%	15
VFVANGUARD FIDUCIARY TRUST CO	Unchanged	177,030	$92,056	0.0%	-64.36%	0
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Decreased	155,066(-1.1%)	$80,635	0.0%	-75.00%	0
STATE STREET CORP	Unchanged	105,623	$54,924	0.0%	-64.74%	0
NORTHERN TRUST CORP	Unchanged	52,630	$27,368	0.0%	-87.25%	0
RENAISSANCE TECHNOLOGIES LLC	Decreased	40,789(-40.3%)	$21,210	0.0%	-73.17%	0
RAYMOND JAMES FINANCIAL INC	Unchanged	17,880	$9,298	0.0%	-78.27%	0
XTX Topco Ltd	Decreased	17,504(-46.9%)	$9,102	0.0%	-70.20%	0
MGMERCER GLOBAL ADVISORS INC /ADV	Unchanged	14,000	$7,280	0.0%	-87.00%	0
Schonfeld Strategic Advisors LLC	Unchanged	13,857	$7,205	0.0%	-86.76%	0
JANE STREET GROUP, LLC	Increased	12,649(+9.3%)	$6,578	0.0%	-71.25%	12
GOLDMAN SACHS GROUP INC	Decreased	11,561(-37.5%)	$6,012	0.0%	-64.36%	0
VGVanguard Global Advisers, LLC	Unchanged	11,108	$5,776	0.0%	-64.36%	0
HB Wealth Management, LLC	Unchanged	10,000	$5,200	0.0%	-79.31%	0
OSAIC HOLDINGS, INC.	Unchanged	4,000	$2,080	0.0%	-72.73%	0
MORGAN STANLEY	Increased	3,967(+0.8%)	$2,063	0.0%	-80.32%	8
UBS Group AG	Increased	1,382(+17.7%)	$719	0.0%	-74.21%	9

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High Conviction Moves-Smart Money Convergence-Fund Consensus-Double-Down Detection

Data sourced from four public-disclosure sources: SEC 13F, Form 4, 13D/13G, and House/Senate STOCK Act disclosures. Not financial advice. Full disclaimer

RESEARCH FRONTIERS INC

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