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FRP

Fairpoint Communications, Inc.
FRP

Delisted

FRP was delisted on the 3rd of July, 2017.

97 hedge funds and large institutions have $382M invested in Fairpoint Communications, Inc. in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 31 increasing their positions, 27 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 10

15% more funds holding

Funds holding: 8497 (+13)

15% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 27

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

17% less capital invested

Capital invested by funds: $459M → $382M (-$77M)

28% less call options, than puts

Call options by funds: $280K | Put options by funds: $390K

Holders
97
Holders Change
+13
Holders Change %
+15.48%
% of All Funds
2.71%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
23
Increased
31
Reduced
27
Closed
10
Calls
$280K
Puts
$390K
Net Calls
-$110K
Net Calls Change
-$182K
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
26
D.E. Shaw & Co
New York
$1.82M +$745K +44,037 +60%
PP
27
PDT Partners
New York
$1.73M +$328K +19,366 +21%
CCMLC
28
Cardinal Capital Management LLC (Connecticut)
Connecticut
$1.58M -$223K -13,165 -11%
CCM
29
Contrarian Capital Management
Connecticut
$1.48M -$265K -15,643 -14%
Wells Fargo
30
Wells Fargo
California
$1.44M -$16K -946 -1%
PPA
31
Parametric Portfolio Associates
Washington
$1.34M +$305K +18,008 +26%
Citadel Advisors
32
Citadel Advisors
Florida
$1.13M +$1.24M +73,547 New
TCIM
33
TIAA CREF Investment Management
New York
$1.13M +$18K +1,063 +1%
BIM
34
BlackRock Investment Management
Delaware
$1.12M -$41.9K -2,479 -3%
Loomis, Sayles & Company
35
Loomis, Sayles & Company
Massachusetts
$1.01M
California Public Employees Retirement System
36
California Public Employees Retirement System
California
$972K -$1.3M -77,039 -55%
Millennium Management
37
Millennium Management
New York
$949K +$1.04M +61,581 New
JP Morgan Chase
38
JP Morgan Chase
New York
$911K -$4.02M -237,615 -80%
Charles Schwab
39
Charles Schwab
California
$891K +$73.9K +4,371 +8%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$828K +$909K +53,731 New
Arrowstreet Capital
41
Arrowstreet Capital
Massachusetts
$806K -$403K -23,800 -31%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$764K -$174K -10,300 -17%
Thrivent Financial for Lutherans
43
Thrivent Financial for Lutherans
Minnesota
$687K
Deutsche Bank
44
Deutsche Bank
Germany
$649K +$104K +6,178 +17%
California State Teachers Retirement System (CalSTRS)
45
California State Teachers Retirement System (CalSTRS)
California
$585K -$1.69K -100 -0.3%
BBHC
46
Brown Brothers Harriman & Co
New York
$548K
TA
47
Teachers Advisors
New York
$523K
SO
48
STRS Ohio
Ohio
$517K +$201K +11,900 +55%
CCMH
49
Cornerstone Capital Management Holdings
New York
$498K +$42.3K +2,502 +8%
CIC
50
Cornercap Investment Counsel
Georgia
$458K +$503K +29,713 New

FRP Hedge Fund Activity: Q3 2015 in Review

97 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q3 2015, worth a combined $382M — down 17% from $459M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FRP positions and 10 closed out — a net gain of 13 holders — while 31 added to existing stakes and 27 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.13M. The largest seller was Fidelity Investments, cutting an estimated $11.1M.

  • 97 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q3 2015, up from 84 in Q2 2015.
  • Funds reported $382M of Fairpoint Communications, Inc. stock for Q3 2015, down 17% quarter-over-quarter.
  • 23 funds opened new Fairpoint Communications, Inc. positions in Q3 2015 and 10 closed out, a net change of +13 holders.
  • The largest Fairpoint Communications, Inc. buyer in Q3 2015 was Morgan Stanley, an estimated $5.13M added.
  • The largest Fairpoint Communications, Inc. seller in Q3 2015 was Fidelity Investments, an estimated $11.1M sold.

Based on aggregated 13F filings for Q3 2015.