Research Frontiers Incorporated (REFR) Ownership
REFR ownership summary
as of October 18, 2026- Institutions
- 10.5% of shares outstanding
- Insiders
- 15.34% of shares outstanding
- Shares outstanding
- 34.9M
- Float
- 27.2M shares available to trade
- Short interest
- 3.14% 1.0M shares short
- Days to cover
- 0.22 short interest up 162.4% vs prior month
- Institutions 10.54%
- Insiders 15.34%
- Other investors 74.12%
REFR top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | We Are One Seven, LLC | 2.54% | 887K | $496,497 | −31,580 (−3.4%) | June 30, 2026 |
| 2 | Vanguard Capital Management, LLC | 1.67% | 581K | $325,166 | +12,500 (+2.2%) | June 30, 2026 |
| 3 | BlackRock Inc | 1.53% | 533K | $298,224 | −75,856 (−12.5%) | June 30, 2026 |
| 4 | The Colony Group LLC | 1.42% | 496K | $277,996 | — | June 30, 2026 |
| 5 | Geode Capital Management, LLC | 0.88% | 306K | $171,274 | +3,086 (+1.0%) | June 30, 2026 |
| 6 | Vanguard Fiduciary Trust Co | 0.51% | 177K | $99,137 | — | June 30, 2026 |
| 7 | Susquehanna International Group, LLP | 0.44% | 155K | $86,837 | −1,720 (−1.1%) | June 30, 2026 |
| 8 | State Street Corp | 0.30% | 106K | $59,149 | — | June 30, 2026 |
| 9 | Shufro Rose & CO LLC | 0.28% | 98K | $54,600 | — | June 30, 2026 |
| 10 | Northern Trust Corp | 0.15% | 53K | $29,473 | — | June 30, 2026 |
| 11 | Renaissance Technologies Corp | 0.12% | 41K | $22,842 | −27,511 (−40.3%) | June 30, 2026 |
| 12 | TCTC Holdings, LLC | 0.06% | 20K | $11,200 | +20,000 (0.0%) | June 30, 2026 |
| 13 | HM Payson & Co | 0.06% | 20K | $11,200 | — | June 30, 2026 |
| 14 | Freegulliver, LLC | 0.06% | 20K | $11,200 | — | June 30, 2026 |
| 15 | XTX Topco Ltd | 0.05% | 18K | $9,802 | −15,466 (−46.9%) | June 30, 2026 |
| 16 | Kingsview Wealth Management, LLC | 0.05% | 17K | $9,604 | −27,800 (−61.8%) | June 30, 2026 |
| 17 | Garrett Investment Advisors LLC | 0.04% | 14K | $8,036 | +14,350 (0.0%) | June 30, 2026 |
| 18 | Buckingham Strategic Partners | 0.04% | 14K | $7,891 | — | June 30, 2026 |
| 19 | Mercer Global Advisors Inc. | 0.04% | 14K | $7,840 | — | June 30, 2026 |
| 20 | Schonfeld Strategic Advisors LLC | 0.04% | 14K | $7,760 | — | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 4 holders added 50K shares and 6 cut 180K.
REFR top mutual fund and ETF holders
7 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 0.83% | 289K | $161,609 | — | August 31, 2026 |
| 2 | Fidelity Extended Market Index | 0.41% | 144K | $80,545 | −773 (−0.5%) | August 31, 2026 |
| 3 | Fidelity Total Market Index | 0.16% | 56K | $31,186 | — | August 31, 2026 |
| 4 | Fidelity Series Total Market Index | 0.11% | 39K | $21,912 | — | August 31, 2026 |
| 5 | Vanguard U.S. Eq Idx £ Acc | 0.03% | 11K | $6,220 | — | August 31, 2026 |
| 6 | Fidelity Nasdaq Composite Index | 0.03% | 11K | $6,124 | — | August 31, 2026 |
| 7 | Vanguard Balanced Index Inv | 0.03% | 9,423 | $5,277 | — | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
REFR insider transactions
latest 7| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2024-06-14 | Alexander Kaganowicz | Buy | $1.94 | 2,000 | $3,880 |
| 2024-06-07 | Darryl Daigle | Buy | $1.74 | 4,300 | $7,482 |
| 2024-02-07 | Darryl Daigle | Buy | $1.00 | 1,000 | $1,000 |
| 2023-12-11 | Darryl Daigle | Buy | $0.97 | 7,750 | $7,518 |
| 2023-10-02 | Darryl Daigle | Buy | $1.05 | 500 | $525 |
| 2023-09-13 | Darryl Daigle | Buy | $1.35 | 1,600 | $2,160 |
| 2023-06-15 | Darryl Daigle | Buy | $1.59 | 4,400 | $6,996 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
REFR shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns REFR
Institutional investors own 10.5% of Research Frontiers's shares and insiders 15.34%. The largest holder is We Are One Seven, LLC with 2.54% of the shares (887K), as of June 30, 2026. Among the top 20 institutions, 4 added shares and 6 reduced their stake in the latest filings. Short interest is 3.14% of the float, or 0.22 days of average trading volume. The share count rose 40.5% since 2014.
Related: REFR key metrics. See the REFR stock overview for the latest quote and news.
REFR ownership FAQ
Who owns the most Research Frontiers stock?
The largest shareholders of Research Frontiers are We Are One Seven, LLC (2.54%), Vanguard Capital Management, LLC (1.67%), BlackRock Inc (1.53%), The Colony Group LLC (1.42%), Geode Capital Management, LLC (0.88%).
What percentage of Research Frontiers is owned by institutions?
Institutions hold 10.5% of Research Frontiers's shares outstanding; insiders hold 15.34%.
Which funds own Research Frontiers?
The largest fund holders of Research Frontiers are Vanguard MStar Total Stk Mkt Idx Invest (0.83%), Fidelity Extended Market Index (0.41%), Fidelity Total Market Index (0.16%), Fidelity Series Total Market Index (0.11%), Vanguard U.S. Eq Idx £ Acc (0.03%).
What is Research Frontiers's short interest?
1.0M shares of Research Frontiers were sold short, 3.14% of the float; at the average daily volume it would take 0.22 days to cover.
Are insiders buying or selling Research Frontiers?
Of the latest 7 reported insider transactions in Research Frontiers (since June 15, 2023), 7 were purchases and 0 were sales.
How many shares of Research Frontiers are outstanding?
Research Frontiers has 34.9M shares outstanding, of which 27.2M are in the public float.