Which funds own FRO
Frontline PLC in the Q2 2026 filings. At least 2 of the 91 current managers on file reported a position, worth $279m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 2
- at least, of 91 current
- Combined value
- $279m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 1
- already held
- Trimmed or sold out
- 2
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Arrowstreet Capital LP Quantitative · $225bn book | $233m | 0.1% | 6,706,520 | +$31m+922,839 | Added |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $46m | 0.2% | 1,326,117 | -$16m-459,462 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Wellington Management Group LLP · Long-only$5.2m held before
Ownership through time
At least 8 of the 95 managers whose filings are on file listed FRO in Q2 2026, against 8 in Q1 2023. 1 manager more than in Q1 2026: 2 listed it again; 1 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q1 2023: 8
- Q2 2023: 6
- Q3 2023: 7
- Q4 2023: 8
- Q1 2024: 7
- Q2 2024: 5
- Q3 2024: 5
- Q4 2024: 3
- Q1 2025: 3
- Q2 2025: 3
- Q3 2025: 4
- Q4 2025: 5
- Q1 2026: 7
- Q2 2026: 8
- Q1 2023: $284m
- Q2 2023: $169m
- Q3 2023: $323m
- Q4 2023: $340m
- Q1 2024: $274m
- Q2 2024: $283m
- Q3 2024: $172m
- Q4 2024: $23m
- Q1 2025: $38m
- Q2 2025: $34m
- Q3 2025: $72m
- Q4 2025: $54m
- Q1 2026: $468m
- Q2 2026: $576m
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- Acadian Asset Management LLC980,773 to 2,066,976 shares+$38m
- Arrowstreet Capital LP5,783,681 to 6,706,520 shares+$32m
Largest decreases, by shares
- Voloridge Investment Management LLC1,785,579 to 1,326,117 shares-$16m
- Two Sigma Investments LP3,158,733 to 3,096,928 shares-$2.1m
- Quantbot Technologies LP81,753 to 40,774 shares-$1.4m
- Tudor Investment Corp699,781 to 692,519 shares-$253k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Arrowstreet Capital LP | Q3 2023 | $233m | $233m | |
| Two Sigma Investments LP | Q1 2023 | $110m | $108m | |
| Acadian Asset Management LLC | Q3 2023 | $72m | $72m | |
| Marshall Wace LLP | Q2 2025 | $49m | $49m | |
| Voloridge Investment Management LLC | Q1 2023 | $62m | $46m | |
| Point72 Asset Management LP | Q2 2026 | $43m | $43m | |
| Tudor Investment Corp | Q4 2025 | $24m | $24m | |
| Quantbot Technologies LP | Q1 2023 | $12m | $1.4m | |
| Two Sigma Advisers LP | Q1 2023 | $81m | last listed Q4 2024 | |
| D. E. Shaw & Co. | Q1 2023 | $60m | last listed Q1 2023 | |
| Balyasny Asset Management LLC | Q3 2025 | $51m | last listed Q3 2025 | |
| Renaissance Technologies LLC | Q1 2023 | $46m | last listed Q1 2026 | |
| ExodusPoint Capital Management LP | Q3 2025 | $10.0m | last listed Q3 2025 | |
| Moore Capital Management LP | Q3 2024 | $9.9m | last listed Q4 2025 | |
| Discovery Capital Management LLC | Q4 2024 | $5.7m | last listed Q4 2025 | |
| PDT Partners LLC | Q1 2023 | $1.2m | last listed Q1 2024 | |
| Winton Group Ltd | Q3 2023 | $799k | last listed Q1 2024 | |
| Maverick Capital Ltd | Q1 2023 | $437k | last listed Q2 2023 |
What FRO is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around FRO →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.
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