Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
232 institutional managers reported holding FRO for the quarter ended Mar 31, 2026. Together they hold about 28% of shares outstanding; the top 10 hold 16%. 79 opened new positions; 34 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Folketrygdfondet (focused) | 10.73M | 4.82% | $374.1M | trimmed -11% | 2015 Q4 |
| Vanguard Group | 5.96M | 2.68% | $207.8M | added +0.7% | ≤2013 |
| Arrowstreet Capital | 5.78M | 2.60% | $201.6M | added +4659.9% | 2022 Q2 |
| Two Sigma | 3.16M | 1.42% | $110.1M | added +310.5% | 2021 Q2 |
| Barclays PLC | 2.53M | 1.14% | $88.1M | added +205.8% | ≤2013 |
| UBS | 2.52M | 1.13% | $87.8M | added +78.5% | ≤2013 |
| Voloridge Investment Management | 1.79M | 0.80% | $62.2M | added +148.5% | 2025 Q4 |
| Jane Street | 1.57M | 0.71% | $54.9M | added +13.1% | 2014 Q1 |
| Citadel Advisors | 1.13M | 0.51% | $39.3M | trimmed -46.6% | 2018 Q4 |
| Morgan Stanley | 1.09M | 0.49% | $38.0M | added +48.7% | ≤2013 |
| Goldman Sachs | 991.6k | 0.45% | $34.6M | trimmed -34.4% | ≤2013 |
| Acadian Asset Management | 980.8k | 0.44% | $34.2M | opened | 2026 Q1 |
| Point72 | 964.0k | 0.43% | $33.6M | added +20.4% | 2025 Q4 |
| FMR (Fidelity) | 942.7k | 0.42% | $32.9M | trimmed -19.9% | 2018 Q4 |
| Renaissance Technologies | 927.8k | 0.42% | $32.3M | added +133.5% | 2021 Q1 |
| Bank OF America CORP /DE/ | 809.9k | 0.36% | $28.2M | added +46.8% | ≤2013 |
| Susquehanna International Group | 805.0k | 0.36% | $28.1M | added +38.8% | 2013 Q3 |
| Qube Research & Technologies LTD | 777.1k | 0.35% | $27.1M | added +511.1% | 2025 Q4 |
| Cooper Creek Partners Management LLC | 772.0k | 0.35% | $26.9M | opened | 2026 Q1 |
| AQR Capital | 766.2k | 0.34% | $26.7M | opened | 2026 Q1 |
| Tudor Investment | 699.8k | 0.31% | $24.4M | trimmed -8.5% | 2025 Q3 |
| BlackRock | 632.3k | 0.28% | $22.0M | added +65.1% | ≤2013 |
| Millennium Management | 617.6k | 0.28% | $21.5M | added +643.2% | 2021 Q2 |
| Smead Capital Management, INC. (focused) | 610.7k | 0.27% | $21.3M | added +4.1% | 2022 Q2 |
| CPP Investment Board | 602.0k | 0.27% | $21.0M | added +32.8% | 2025 Q1 |
| Marshall Wace | 587.8k | 0.26% | $20.5M | added +43.1% | 2017 Q4 |
| Pinpoint Asset Management (Singapore) Pte. LTD. | 517.1k | 0.23% | $18.0M | added +89.8% | 2025 Q2 |
| BNP Paribas Financial Markets | 515.5k | 0.23% | $18.0M | added +547.5% | 2024 Q4 |
| CastleKnight Management LP | 502.0k | 0.23% | $17.5M | opened | 2026 Q1 |
| Citigroup INC | 482.8k | 0.22% | $16.8M | trimmed -29.4% | ≤2013 |
| Artemis Investment Management LLP | 477.3k | 0.21% | $16.6M | opened | 2026 Q1 |
| Deutsche Bank AG\ | 438.7k | 0.20% | $15.3M | added +4.8% | ≤2013 |
| Acorn Financial Advisory Services INC /ADV | 386.3k | 0.17% | $13.5M | opened | 2026 Q1 |
| Trexquant Investment LP | 365.9k | 0.16% | $12.8M | added +279% | 2025 Q2 |
| Manufacturers Life Insurance Company, THE | 357.9k | 0.16% | $12.5M | trimmed -47.6% | 2020 Q2 |
| Legal & General Group PLC | 350.6k | 0.16% | $12.2M | added +42.6% | 2016 Q4 |
| DZ Bank AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 332.3k | 0.15% | $11.6M | added +9.3% | 2021 Q3 |
| Amundi | 322.7k | 0.14% | $11.2M | added +51.1% | 2022 Q1 |
| BNY Mellon | 305.3k | 0.14% | $10.6M | added +25.6% | 2020 Q2 |
| Swiss National Bank | 286.9k | 0.13% | $10.0M | unchanged | 2015 Q4 |
| Polymer Capital Management (HK) LTD | 280.0k | 0.13% | $9.8M | opened | 2026 Q1 |
| Fearnley Asset Management AS (focused) | 278.1k | 0.13% | $9.7M | added +287.6% | 2025 Q4 |
| Aquatic Capital Management LLC | 276.6k | 0.12% | $9.6M | added +50% | 2021 Q4 |
| Skandinaviska Enskilda Banken AB (publ) | 219.9k | 0.10% | $7.7M | trimmed -62.3% | 2024 Q3 |
| Invesco | 191.1k | 0.09% | $6.7M | added +146.9% | 2014 Q1 |
| Glenorchy Capital LTD | 186.9k | 0.08% | $6.5M | added +4.4% | 2023 Q4 |
| Jump Financial | 184.0k | 0.08% | $6.4M | added +145.7% | 2025 Q4 |
| Engineers Gate Manager LP | 176.5k | 0.08% | $6.2M | added +90.6% | 2025 Q2 |
| Tidal Investments LLC | 175.5k | 0.08% | $6.1M | added +59.8% | 2021 Q3 |
| Jefferies Financial Group INC. | 167.5k | 0.07% | $5.8M | added +81.9% | 2024 Q4 |
Largest 50 of 232 shown; the full ranked, searchable register is at boothcheck.com/holders/FRO. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.