Fairpoint Communications, Inc.
FRP
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.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
15% more funds holding
Funds holding: 84 → 97 (+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: 4 → 4 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.13M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.36M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.24M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.15M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.1M |
| 2 |
JP Morgan Chase
New York
|
-$4.02M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.6M |
| 4 |
VAM
Visium Asset Management
New York
|
-$2.94M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QI
101
QS Investors
New York
| – | -$388K | -21,300 | Closed |
|
|
SIM
102
Spark Investment Management
New York
| – | -$313K | -17,200 | Closed |
|
103
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$239K | -13,100 | Closed |
|
104
Nomura Holdings
Tokyo,
Japan
| – | -$219K | -12,002 | Closed |
|
105
Citigroup
New York
| – | -$4.62K | -273 | -99% |
|
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.