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FRP

Fairpoint Communications, Inc.
FRP

Delisted

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

110 hedge funds and large institutions have $399M invested in Fairpoint Communications, Inc. in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

27% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 33

11% more capital invested

Capital invested by funds: $358M → $399M (+$40.7M)

8% more funds holding

Funds holding: 102110 (+8)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $119K

Holders
110
Holders Change
+8
Holders Change %
+7.84%
% of All Funds
2.93%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
17
Increased
42
Reduced
33
Closed
8
Calls
Puts
$119K
Net Calls
-$119K
Net Calls Change
+$272K
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
26
D.E. Shaw & Co
New York
$1.84M +$61K +4,337 +4%
Millennium Management
27
Millennium Management
New York
$1.74M -$43.6K -3,099 -3%
AG
28
Algert Global
California
$1.72M +$1.65M +117,204 New
Federated Hermes
29
Federated Hermes
Pennsylvania
$1.63M +$1.13M +80,037 +261%
PPA
30
Parametric Portfolio Associates
Washington
$1.61M -$40.6K -2,882 -3%
Connor, Clark & Lunn Investment Management (CC&L)
31
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.54M +$731K +51,900 +98%
Thrivent Financial for Lutherans
32
Thrivent Financial for Lutherans
Minnesota
$1.52M
MTB
33
Mizuho Trust & Banking
Japan
$1.45M +$1.39M +98,400 New
GCP
34
GSA Capital Partners
United Kingdom
$1.38M +$823K +58,451 +165%
QI
35
QS Investors
New York
$1.35M +$1.3M +92,200 New
Two Sigma Investments
36
Two Sigma Investments
New York
$1.32M -$191K -13,561 -13%
PTA
37
Pear Tree Advisors
Massachusetts
$1.3M
Goldman Sachs
38
Goldman Sachs
New York
$1.3M +$759K +53,955 +154%
BIM
39
BlackRock Investment Management
Delaware
$1.26M +$163K +11,559 +16%
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$1.19M -$315K -22,355 -22%
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$1.13M -$122K -8,661 -10%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$1.1M -$98.5K -7,000 -9%
SCA
43
Secor Capital Advisors
New York
$1.09M +$406K +28,821 +63%
TCIM
44
TIAA CREF Investment Management
New York
$1.08M +$48.8K +3,466 +5%
AQR Capital Management
45
AQR Capital Management
Connecticut
$1.07M +$738K +52,458 +258%
CCMLC
46
Cardinal Capital Management LLC (Connecticut)
Connecticut
$1.05M -$286K -20,310 -22%
Deutsche Bank
47
Deutsche Bank
Germany
$1.05M +$269K +19,126 +36%
AIM
48
Alambic Investment Management
California
$1.05M +$153K +10,851 +18%
Bank of America
49
Bank of America
North Carolina
$970K +$95.8K +6,806 +11%
Loomis, Sayles & Company
50
Loomis, Sayles & Company
Massachusetts
$967K -$324 -23 -0%

FRP Hedge Fund Activity: Q2 2016 in Review

110 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q2 2016, worth a combined $399M — up 11% from $358M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FRP positions and 8 closed out — a net gain of 9 holders — while 42 added to existing stakes and 33 trimmed.

The largest buyer was Goldentree Asset Management, adding an estimated $28.5M. The largest seller was Morgan Stanley, cutting an estimated $2M.

  • 110 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q2 2016, up from 102 in Q1 2016.
  • Funds reported $399M of Fairpoint Communications, Inc. stock for Q2 2016, up 11% quarter-over-quarter.
  • 17 funds opened new Fairpoint Communications, Inc. positions in Q2 2016 and 8 closed out, a net change of +9 holders.
  • The largest Fairpoint Communications, Inc. buyer in Q2 2016 was Goldentree Asset Management, an estimated $28.5M added.
  • The largest Fairpoint Communications, Inc. seller in Q2 2016 was Morgan Stanley, an estimated $2M sold.

Based on aggregated 13F filings for Q2 2016.