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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
WCM
76
Wedge Capital Management
North Carolina
$158K +$174K +10,275 New
Federated Hermes
77
Federated Hermes
Pennsylvania
$151K +$163K +9,628 +5,015%
Walleye Trading
78
Walleye Trading
New York
$72K +$79.5K +4,700 New
BNP Paribas Financial Markets
79
BNP Paribas Financial Markets
France
$66.4K +$43.6K +2,577 +149%
Simplex Trading
80
Simplex Trading
Illinois
$62K -$6.63K -392 -9%
Legal & General Group
81
Legal & General Group
United Kingdom
$48K
Teacher Retirement System of Texas
82
Teacher Retirement System of Texas
Texas
$41K +$31K +1,833 +229%
Canada Life
83
Canada Life
Manitoba, Canada
$37K
BG
84
BlackRock Group
United Kingdom
$29K +$31.7K +1,875 New
UBS Group
85
UBS Group
Switzerland
$25K -$1.66K -98 -6%
BlackRock
86
BlackRock
New York
$22K +$16.9K +1,000 +221%
TRCT
87
Tower Research Capital (TRC)
New York
$18K +$19.4K +1,148 New
Zurich Cantonal Bank
88
Zurich Cantonal Bank
Switzerland
$11K +$11.7K +694 New
Royal Bank of Canada
89
Royal Bank of Canada
Ontario, Canada
$4K -$2.82K -167 -39%
Barclays
90
Barclays
United Kingdom
$2K -$14.3K -846 -89%
Bank of America
91
Bank of America
North Carolina
$1K -$50.9K -3,011 -98%
BWA
92
Burt Wealth Advisors
Maryland
$1K
PNC Financial Services Group
93
PNC Financial Services Group
Pennsylvania
$1K +$34 +2 +3%
US Bancorp
94
US Bancorp
Minnesota
$1K +$1.47K +87 New
Manulife (Manufacturers Life Insurance)
95
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$213 +$4.6K +272 +2%
VAM
96
Visium Asset Management
New York
-$2.94M -161,100 Closed
EI
97
EAM Investors
California
-$1.23M -67,721 Closed
HIP
98
Hatteras Investment Partners
North Carolina
-$731K -40,095 Closed
SAM
99
Symphony Asset Management
California
-$447K -24,539 Closed
Two Sigma Investments
100
Two Sigma Investments
New York
-$399K -21,883 Closed

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.