Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
86 hedge funds and large institutions have $377M invested in Fairpoint Communications, Inc. in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 11 closing their positions.
310% more call options, than puts
Call options by funds: $82K | Put options by funds: $20K
9% more capital invested
Capital invested by funds: $346M → $377M (+$31M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 89 → 86 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
36% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
+$18.4M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$9.33M |
| 3 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$3.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.14M |
| 5 |
Renaissance Technologies
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$13.5M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.66M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.28M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.16M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.72M |
FRP Hedge Fund Activity: Q3 2014 in Review
86 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q3 2014, worth a combined $377M — up 9% from $346M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FRP and 9 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 23 added.
The largest buyer was Goldentree Asset Management, adding an estimated $18.4M. The largest seller was Anchorage Capital Group, cutting an estimated $13.5M.
- 86 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q3 2014, down from 89 in Q2 2014.
- Funds reported $377M of Fairpoint Communications, Inc. stock for Q3 2014, up 9% quarter-over-quarter.
- 9 funds opened new Fairpoint Communications, Inc. positions in Q3 2014 and 11 closed out, a net change of -2 holders.
- The largest Fairpoint Communications, Inc. buyer in Q3 2014 was Goldentree Asset Management, an estimated $18.4M added.
- The largest Fairpoint Communications, Inc. seller in Q3 2014 was Anchorage Capital Group, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2014.