Who owns Frontline Ltd. (FRO)
Which tracked institutional funds hold FRO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FRO company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on FRO is one-sided between 2025-Q4 and 2026-Q1: 125 added or opened and 34 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
FRO’s largest tracked holder by dollar value, FOLKETRYGDFONDET, sizes it at 6.6% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 6.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FRO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 241 tracked filers holding FRO, 170 increased or opened the position and 83 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in FRO between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 42
- VANGUARD CAPITAL MANAGEMENT LLC$158M
- VANGUARD FIDUCIARY TRUST CO$44M
- ACADIAN ASSET MANAGEMENT LLC$34M
- COOPER CREEK PARTNERS MANAGEMENT LLC$27M
- AQR CAPITAL MANAGEMENT LLC$27M
- CastleKnight Management LP$17M
Full exits 18
- VANGUARD GROUP INC$126M
- Balyasny Asset Management L.P.$30M
- Forest Avenue Capital Management LP$12M
- TWO SIGMA ADVISERS, LP$9M
- MOORE CAPITAL MANAGEMENT, LP$7M
- Corigliano Investment Advisers, LLC$6M
Largest adds
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$199M
- FOLKETRYGDFONDET$111M
- TWO SIGMA INVESTMENTS, LP$93M
- JPMORGAN CHASE & CO$86M
- BARCLAYS PLC$70M
- UBS Group AG$57M
Largest trims
- Quantbot Technologies LP$9M
- D. E. Shaw & Co., Inc.$8M
- Skandinaviska Enskilda Banken AB (publ)$8M
- CITADEL ADVISORS LLC$7M
- SIH Partners, LLLP$3M
- OSAIC HOLDINGS, INC.$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FOLKETRYGDFONDET trimmed | 10,732,371 | $374M | 15.1% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 5,783,681 | $202M | 8.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,501,505 | $158M | 6.4% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 3,158,733 | $110M | 4.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 2,866,187 | $96M | 3.9% | 2026-Q1 |
| BARCLAYS PLC added | 2,527,159 | $88M | 3.6% | 2026-Q1 |
| UBS Group AG added | 2,512,285 | $88M | 3.5% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 1,785,579 | $62M | 2.5% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 1,573,760 | $55M | 2.2% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,257,202 | $44M | 1.8% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 1,128,346 | $39M | 1.6% | 2026-Q1 |
| MORGAN STANLEY added | 1,091,472 | $38M | 1.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 991,610 | $35M | 1.4% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 980,773 | $34M | 1.4% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 964,030 | $34M | 1.4% | 2026-Q1 |
| FMR LLC trimmed | 942,746 | $33M | 1.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 927,838 | $32M | 1.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 809,904 | $28M | 1.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 804,978 | $28M | 1.1% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 777,142 | $27M | 1.1% | 2026-Q1 |
| COOPER CREEK PARTNERS MANAGEMENT LLC trimmed | 771,966 | $27M | 1.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 766,190 | $27M | 1.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 699,781 | $24M | 1.0% | 2026-Q1 |
| BlackRock, Inc. added | 632,256 | $22M | 0.9% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 617,570 | $22M | 0.9% | 2026-Q1 |
| Smead Capital Management, Inc. added | 610,694 | $21M | 0.9% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 601,966 | $21M | 0.9% | 2026-Q1 |
| MARSHALL WACE, LLP added | 585,269 | $20M | 0.8% | 2026-Q1 |
| Pinpoint Asset Management (Singapore) Pte. Ltd. added | 517,070 | $18M | 0.7% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 515,543 | $18M | 0.7% | 2026-Q1 |
| CastleKnight Management LP new | 502,000 | $17M | 0.7% | 2026-Q1 |
| CITIGROUP INC trimmed | 482,784 | $17M | 0.7% | 2026-Q1 |
| Artemis Investment Management LLP new | 477,265 | $17M | 0.7% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 438,703 | $15M | 0.6% | 2026-Q1 |
| ACORN FINANCIAL ADVISORY SERVICES INC /ADV new | 386,264 | $13M | 0.5% | 2026-Q1 |
| Trexquant Investment LP added | 365,911 | $13M | 0.5% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 357,928 | $12M | 0.5% | 2026-Q1 |
| Legal & General Group Plc added | 350,589 | $12M | 0.5% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 332,345 | $12M | 0.5% | 2026-Q1 |
| Amundi added | 322,684 | $11M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp added | 305,333 | $11M | 0.4% | 2026-Q1 |
| Swiss National Bank | 286,944 | $10M | 0.4% | 2026-Q1 |
| Polymer Capital Management (HK) LTD added | 280,005 | $10M | 0.4% | 2026-Q1 |
| FEARNLEY ASSET MANAGEMENT AS added | 278,079 | $10M | 0.4% | 2026-Q1 |
| Aquatic Capital Management LLC added | 276,612 | $10M | 0.4% | 2026-Q1 |
| Skandinaviska Enskilda Banken AB (publ) trimmed | 219,897 | $8M | 0.3% | 2026-Q1 |
| Glenorchy Capital Ltd added | 186,865 | $7M | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 186,609 | $7M | 0.3% | 2026-Q1 |
| Jump Financial, LLC added | 183,986 | $6M | 0.3% | 2026-Q1 |
| Engineers Gate Manager LP added | 176,457 | $6M | 0.2% | 2026-Q1 |
| Tidal Investments LLC added | 175,539 | $6M | 0.2% | 2026-Q1 |
| Jefferies Financial Group Inc. added | 167,549 | $6M | 0.2% | 2026-Q1 |
| Campbell & CO Investment Adviser LLC added | 158,375 | $6M | 0.2% | 2026-Q1 |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. added | 155,085 | $5M | 0.2% | 2026-Q1 |
| WIT Partners Advisory Pte. Ltd. new | 149,560 | $5M | 0.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 148,227 | $5M | 0.2% | 2026-Q1 |
| Summit Financial, LLC | 145,000 | $5M | 0.2% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP trimmed | 141,900 | $5M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 141,081 | $5M | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 137,684 | $5M | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 130,816 | $5M | 0.2% | 2026-Q1 |
| Ruffer LLP trimmed | 119,152 | $4M | 0.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 117,931 | $4M | 0.2% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 114,312 | $4M | 0.2% | 2026-Q1 |
| IMC-Chicago, LLC added | 114,698 | $4M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 111,078 | $4M | 0.2% | 2026-Q1 |
| Informed Momentum Co LLC added | 110,281 | $4M | 0.2% | 2026-Q1 |
| Nuveen, LLC | 108,993 | $4M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 99,907 | $3M | 0.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 94,821 | $3M | 0.1% | 2026-Q1 |
| Global IMC LLC trimmed | 91,062 | $3M | 0.1% | 2026-Q1 |
| Energy Income Partners, LLC added | 90,455 | $3M | 0.1% | 2026-Q1 |
| Kiker Wealth Management, LLC trimmed | 89,360 | $3M | 0.1% | 2026-Q1 |
| Jain Global LLC added | 85,516 | $3M | 0.1% | 2026-Q1 |
| Independent Advisor Alliance added | 84,691 | $3M | 0.1% | 2026-Q1 |
| Range Financial Group LLC added | 83,007 | $3M | 0.1% | 2026-Q1 |
| Quadrature Capital Ltd trimmed | 81,776 | $3M | 0.1% | 2026-Q1 |
| Quantbot Technologies LP trimmed | 81,753 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 5,728,036 | $126M | 5.1% | 2025-Q4 stale |
| Balyasny Asset Management L.P. trimmed | 1,396,000 | $30M | 1.2% | 2025-Q4 stale |
| Encompass Capital Advisors LLC trimmed | 1,733,496 | $28M | 1.2% | 2025-Q2 stale |
| Merewether Investment Management, LP added | 626,500 | $14M | 0.6% | 2025-Q3 stale |
| Forest Avenue Capital Management LP trimmed | 546,168 | $12M | 0.5% | 2025-Q4 stale |
| Hartree Partners, LP trimmed | 721,100 | $12M | 0.5% | 2025-Q2 stale |
| ExodusPoint Capital Management, LP added | 437,815 | $10M | 0.4% | 2025-Q3 stale |
| Sourcerock Group LLC new | 613,404 | $9M | 0.4% | 2025-Q1 stale |
| TWO SIGMA ADVISERS, LP added | 395,700 | $9M | 0.3% | 2025-Q4 stale |
| MOORE CAPITAL MANAGEMENT, LP added | 307,779 | $7M | 0.3% | 2025-Q4 stale |
| Corigliano Investment Advisers, LLC trimmed | 290,501 | $6M | 0.3% | 2025-Q4 stale |
| Lind Value II ApS new | 397,222 | $6M | 0.2% | 2025-Q1 stale |
| ARMOR ADVISORS, L.L.C. added | 210,332 | $5M | 0.2% | 2025-Q3 stale |
| Oxbow Advisors, LLC trimmed | 209,166 | $5M | 0.2% | 2025-Q3 stale |
| Boston Partners added | 277,524 | $5M | 0.2% | 2025-Q2 stale |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT trimmed | 160,100 | $3M | 0.1% | 2025-Q4 stale |
| Squarepoint Ops LLC added | 152,693 | $3M | 0.1% | 2025-Q4 stale |
| Alyeska Investment Group, L.P. new | 200,000 | $3M | 0.1% | 2025-Q2 stale |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 13,612 | $3M | 0.1% | 2025-Q4 stale |
| SummitTX Capital, L.P. trimmed | 138,811 | $3M | 0.1% | 2025-Q4 stale |
| Sciencast Management LP added | 137,554 | $3M | 0.1% | 2025-Q4 stale |
| Aventail Capital Group, LP trimmed | 180,332 | $3M | 0.1% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.