Penn Capital Management’s Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock FTRPR Stock Holding History

Penn Capital Management’s Portfolio FTRPR Stock Details FTRPR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-11,975	Closed	-$1M	–	320
2016 Q3	$1M	Sell	11,975 -5,520	-32%	-$510K	0.07%	230
2016 Q2	$1.66M	Sell	17,495 -1,405	-7%	-$139K	0.09%	192
2016 Q1	$1.97M	Sell	18,900 -34,460	-65%	-$3.22M	0.11%	175
2015 Q4	$4.89M	Sell	53,360 -26,090	-33%	-$2.51M	0.22%	142
2015 Q3	$7.4M	Buy	79,450 +22,550	+40%	+$2.27M	0.39%	104
2015 Q2	$5.68M	Buy	+56,900	New	+$5.71M	0.23%	165

Other funds holding FTRPR

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Allianz Asset Management Munich, Germany $95.4B AUM 38.74% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

DKCM

Davidson Kempner Capital Management New York $7.33B AUM 56.47% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

WRF

Waddell & Reed Financial Overland Park, Kansas $48.6B AUM 84.78% 1-Year Est. Return

ACM

Advent Capital Management New York $3.63B AUM 0.29% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Penn Capital Management's FTRPR Position: Q4 2016 in Review

Penn Capital Management sold out of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) in Q4 2016, closing a stake of 11,975 shares — an estimated $1M sold.

Penn Capital Management first reported a position in FTRPR in Q2 2015 and held it in 6 quarters. The position peaked at $7.4M in Q3 2015. 61 funds tracked by Wall St. Rank hold FTRPR as of Q4 2016.

Penn Capital Management reported no remaining Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock position as of Q4 2016 after selling out during the quarter.
Penn Capital Management sold 11,975 Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock shares in Q4 2016, an estimated $1M.
Penn Capital Management first reported a position in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in Q2 2015 and held it in 6 quarters.
Penn Capital Management's Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock position peaked at $7.4M in Q3 2015.
61 funds tracked by Wall St. Rank held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock as of Q4 2016.

Based on Penn Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.