Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
80 hedge funds and large institutions have $219M invested in Fairpoint Communications, Inc. in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 5 closing their positions.
15% more capital invested
Capital invested by funds: $190M → $219M (+$28.9M)
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
0% more funds holding
Funds holding: 80 → 80 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$666K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$652K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$612K |
| 4 |
JP Morgan Chase
New York
|
+$570K |
| 5 |
LOM
Loeb Offshore Management
New York
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.18M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.85M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$1.32M |
| 4 |
PC
Paulson & Co
New York
|
-$1.1M |
| 5 |
GCM
Gruss Capital Management
New York
|
-$458K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $175 | – | – | – |
|
|
PC
77
Paulson & Co
New York
| – | -$1.1M | -131,500 | Closed |
|
|
BJ
78
BlackRock Japan
Tokyo,
Japan
| – | -$132K | -15,827 | Closed |
|
|
PG
79
PEAK6 Group
Chicago,
Illinois
| – | -$121 | -14,465 | Closed |
|
|
FMA
80
FNY Managed Accounts
New York
| – | -$3K | -300 | Closed |
|
|
PSUF
81
People's United Financial
Bridgeport,
Connecticut
| – | +$376 | +41 | New |
|
FRP Hedge Fund Activity: Q3 2013 in Review
80 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q3 2013, worth a combined $219M — up 15% from $190M a quarter earlier.
Fund positioning in FRP was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 29 added to existing stakes and 26 trimmed.
The largest buyer was UBS, adding an estimated $666K. The largest seller was Wells Fargo, cutting an estimated $4.18M.
- 80 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $219M of Fairpoint Communications, Inc. stock for Q3 2013, up 15% quarter-over-quarter.
- 5 funds opened new Fairpoint Communications, Inc. positions in Q3 2013 and 5 closed out, a net change of 0 holders.
- The largest Fairpoint Communications, Inc. buyer in Q3 2013 was UBS, an estimated $666K added.
- The largest Fairpoint Communications, Inc. seller in Q3 2013 was Wells Fargo, an estimated $4.18M sold.
Based on aggregated 13F filings for Q3 2013.