Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
89 hedge funds and large institutions have $346M invested in Fairpoint Communications, Inc. in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 38 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% more capital invested
Capital invested by funds: $336M → $346M (+$9.62M)
5% less funds holding
Funds holding: 94 → 89 (-5)
34% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 38
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.52M |
| 2 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$4.35M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.02M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.57M |
| 5 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.15M |
| 2 |
ACM
Archer Capital Management
New York
|
-$2.8M |
| 3 |
VAM
Visium Asset Management
New York
|
-$1.86M |
| 4 |
GCM
Gruss Capital Management
New York
|
-$1.33M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$794K |
FRP Hedge Fund Activity: Q2 2014 in Review
89 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q2 2014, worth a combined $346M — up 2.9% from $336M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FRP and 9 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 25 added.
The largest buyer was Fidelity Investments, adding an estimated $8.52M. The largest seller was Numeric Investors, exiting entirely with an estimated $4.15M sold.
- 89 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q2 2014, down from 94 in Q1 2014.
- Funds reported $346M of Fairpoint Communications, Inc. stock for Q2 2014, up 2.9% quarter-over-quarter.
- 9 funds opened new Fairpoint Communications, Inc. positions in Q2 2014 and 14 closed out, a net change of -5 holders.
- The largest Fairpoint Communications, Inc. buyer in Q2 2014 was Fidelity Investments, an estimated $8.52M added.
- The largest Fairpoint Communications, Inc. seller in Q2 2014 was Numeric Investors, an estimated $4.15M sold.
Based on aggregated 13F filings for Q2 2014.