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FRP

Fairpoint Communications, Inc.
FRP

Delisted

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

100 hedge funds and large institutions have $363M invested in Fairpoint Communications, Inc. in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 38 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 36 (+3)

55% more call options, than puts

Call options by funds: $181K | Put options by funds: $117K

5% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 38

9% less capital invested

Capital invested by funds: $399M → $363M (-$35.5M)

9% less funds holding

Funds holding: 110100 (-10)

50% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 18

Holders
100
Holders Change
-10
Holders Change %
-9.09%
% of All Funds
2.67%
Holding in Top 10
6
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+100%
% of All Funds
0.16%
New
9
Increased
36
Reduced
38
Closed
18
Calls
$181K
Puts
$117K
Net Calls
+$64K
Net Calls Change
+$183K
Name Holding Trade Value Shares
Change
Change in
Stake
TC
76
TFS Capital
Pennsylvania
$182K -$537K -36,670 -75%
Grantham, Mayo, Van Otterloo & Co (GMO)
77
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$176K -$310K -21,210 -64%
First Trust Advisors
78
First Trust Advisors
Illinois
$170K +$166K +11,322 New
Wells Fargo
79
Wells Fargo
California
$127K
SGAM
80
Smith Group Asset Management
Texas
$127K +$2.34K +160 +2%
PCM
81
Prelude Capital Management
New York
$114K -$239K -16,331 -68%
Bessemer Group
82
Bessemer Group
New Jersey
$114K +$111K +7,600 New
BlackRock
83
BlackRock
New York
$68K -$19.2K -1,311 -23%
AIM
84
Acrospire Investment Management
Illinois
$66K -$10.2K -700 -14%
Legal & General Group
85
Legal & General Group
United Kingdom
$46K
CG
86
Cutler Group
California
$38K -$8.27K -565 -18%
Canada Life
87
Canada Life
Manitoba, Canada
$36K
BJ
88
BlackRock Japan
Japan
$26K -$5.43K -371 -18%
BNP Paribas Financial Markets
89
BNP Paribas Financial Markets
France
$22.2K +$9.44K +645 +78%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$21K
Simplex Trading
91
Simplex Trading
Illinois
$17K -$6.35K -434 -27%
Zurich Cantonal Bank
92
Zurich Cantonal Bank
Switzerland
$16K -$74.6K -5,101 -82%
Group One Trading
93
Group One Trading
Illinois
$12K
Barclays
94
Barclays
United Kingdom
$8K -$19.6K -1,342 -71%
NFG
95
Next Financial Group
Texas
$2K +$1.46K +100 New
TCIM
96
TIAA CREF Investment Management
New York
$1.08K -$27.7K -1,894 -3%
TRCT
97
Tower Research Capital (TRC)
New York
$1K -$25.5K -1,742 -96%
BWA
98
Burt Wealth Advisors
Maryland
$1K
VOYA Investment Management
99
VOYA Investment Management
Georgia
$186
Barrow, Hanley, Mewhinney & Strauss
100
Barrow, Hanley, Mewhinney & Strauss
Texas
-$1.92M -130,644 Closed

FRP Hedge Fund Activity: Q3 2016 in Review

100 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q3 2016, worth a combined $363M — down 8.9% from $399M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FRP and 9 opened new positions — a net loss of 9 holders — while 38 trimmed existing stakes and 36 added.

The largest buyer was Numeric Investors, adding an estimated $4.47M. The largest seller was Goldentree Asset Management, cutting an estimated $43.2M.

  • 100 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q3 2016, down from 110 in Q2 2016.
  • Funds reported $363M of Fairpoint Communications, Inc. stock for Q3 2016, down 8.9% quarter-over-quarter.
  • 9 funds opened new Fairpoint Communications, Inc. positions in Q3 2016 and 18 closed out, a net change of -9 holders.
  • The largest Fairpoint Communications, Inc. buyer in Q3 2016 was Numeric Investors, an estimated $4.47M added.
  • The largest Fairpoint Communications, Inc. seller in Q3 2016 was Goldentree Asset Management, an estimated $43.2M sold.

Based on aggregated 13F filings for Q3 2016.