Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
87 hedge funds and large institutions have $357M invested in Fairpoint Communications, Inc. in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 11 closing their positions.
2,314% more call options, than puts
Call options by funds: $507K | Put options by funds: $21K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
1% more funds holding
Funds holding: 86 → 87 (+1)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
5% less capital invested
Capital invested by funds: $377M → $357M (-$19.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
+$3.44M |
| 2 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$2.66M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.37M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$2.06M |
| 5 |
Bank of New York Mellon
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.2M |
| 2 |
ACG
Anchorage Capital Group
New York
|
-$1.91M |
| 3 |
Millennium Management
New York
|
-$1.52M |
| 4 |
SAM
Symphony Asset Management
San Francisco,
California
|
-$1.34M |
| 5 |
GCM
Gruss Capital Management
New York
|
-$1.32M |
FRP Hedge Fund Activity: Q4 2014 in Review
87 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q4 2014, worth a combined $357M — down 5.2% from $377M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FRP positions and 11 closed out — a net gain of 3 holders — while 29 added to existing stakes and 27 trimmed.
The largest buyer was Goldentree Asset Management, adding an estimated $3.44M. The largest seller was Fidelity Investments, cutting an estimated $5.2M.
- 87 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q4 2014, up from 86 in Q3 2014.
- Funds reported $357M of Fairpoint Communications, Inc. stock for Q4 2014, down 5.2% quarter-over-quarter.
- 14 funds opened new Fairpoint Communications, Inc. positions in Q4 2014 and 11 closed out, a net change of +3 holders.
- The largest Fairpoint Communications, Inc. buyer in Q4 2014 was Goldentree Asset Management, an estimated $3.44M added.
- The largest Fairpoint Communications, Inc. seller in Q4 2014 was Fidelity Investments, an estimated $5.2M sold.
Based on aggregated 13F filings for Q4 2014.