RESEARCH FRONTIERS INC REFR

US Financials Patent Owners & Lessors
$0.55
+3.8%
52w: $0.48 – $2.36

Latest 13F among current holders filed 1 month ago (May 15, 2026)

Price — last 12 months

research preview data
0.481.422.36
Jun 20, 2025 Jul 2, 2026
Institutional holders
35
+0 QoQ
13F value
$3.5M
-33.3% QoQ
Smart-money holders
0
signal tier ≥ 2
New smart buyers
0
Q1 2026
Options barometer
calls only
$14K calls / — puts

Institutional value by quarter

$15.8M
Q1 2024
$7.8M
Q2 2024
$7.0M
Q3 2024
$8.8M
Q4 2024
$5.1M
Q1 2025
$7.1M
Q2 2025
$6.6M
Q3 2025
$5.2M
Q4 2025
$3.5M
Q1 2026

Number of holders

35
Q1 2024
32
Q2 2024
31
Q3 2024
31
Q4 2024
34
Q1 2025
31
Q2 2025
30
Q3 2025
35
Q4 2025
35
Q1 2026

Who owns REFR?

Q1 2026 filings
FundTypeSharesValue% of fundChange
MGO ONE SEVEN LLC Wealth advisor918.2K$828K0.0%Held
BlackRock, Inc. Index provider608.4K$560K0.0%+0.5%
VANGUARD CAPITAL MANAGEMENT LLC Diversified mechanical568.2K$512K0.0%
Focus Partners Wealth Wealth advisor496.4K$457K0.0%Held
GEODE CAPITAL MANAGEMENT, LLC Index provider302.8K$273K0.0%-2.7%
VANGUARD FIDUCIARY TRUST CO Diversified mechanical177.0K$160K0.0%
SUSQUEHANNA INTERNATIONAL GROUP, LLP Market maker156.8K$141K0.0%+27.5%
STATE STREET CORP Index provider105.6K$95K0.0%Held
SHUFRO ROSE & CO LLC Wealth advisor97.5K$90K0.0%Held
RENAISSANCE TECHNOLOGIES LLC Quant stat arb68.3K$63K0.0%-12.8%
NORTHERN TRUST CORP Index provider52.6K$48K0.0%Held
Kingsview Wealth Management, LLC Wealth advisor45.0K$41K0.0%-56.4%
XTX Topco Ltd Market maker33.0K$30K0.0%+56.6%
FreeGulliver LLC Wealth advisor20.0K$18K0.0%Held
HM PAYSON & CO Diversified mechanical20.0K$18K0.0%Held
GOLDMAN SACHS GROUP INC Bank broker18.5K$17K0.0%New
RAYMOND JAMES FINANCIAL INC Bank broker17.9K$16K0.0%-58.4%
TWO SIGMA SECURITIES, LLC Market maker15.8K$15K0.0%-30.9%
MERCER GLOBAL ADVISORS INC /ADV Wealth advisor14.0K$13K0.0%Held
Focus Partners Advisor Solutions, LLC Wealth advisor14.1K$13K0.0%New
Schonfeld Strategic Advisors LLC Multistrat pod13.9K$13K0.0%+0.2%
JANE STREET GROUP, LLC Market maker11.6K$11K0.0%-23.3%
Vanguard Global Advisers, LLC Diversified mechanical11.1K$10K0.0%
Farrell Financial LLC Wealth advisor10.5K$9K0.0%New
HB Wealth Management, LLC Wealth advisor10.0K$9K0.0%Held
Tower Research Capital LLC (TRC) Market maker6.1K$6K0.0%+192.7%
OSAIC HOLDINGS, INC. Wealth advisor4.0K$4K0.0%Held
MORGAN STANLEY Bank broker3.9K$4K0.0%Held
MAI Capital Management Wealth advisor1.5K$1K0.0%New
UBS Group AG Bank broker1.2K$1K0.0%-60.9%
JPMORGAN CHASE & CO Bank broker1.0K$9480.0%Held
CITIGROUP INC Bank broker438$3950.0%+43700.0%
SIMPLEX TRADING, LLC Market maker332$3050.0%New
Fairman Group, LLC Wealth advisor125$1130.0%Held
SBI Securities Co., Ltd. Diversified mechanical5$50.0%New

Exits are not a bearish signal: our backtest shows stocks specialists exit keep outperforming for 3+ quarters — selling usually means profit-taking, not a forecast.