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FRP

Fairpoint Communications, Inc.
FRP

Delisted

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

87 hedge funds and large institutions have $357M invested in Fairpoint Communications, Inc. in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,314% more call options, than puts

Call options by funds: $507K | Put options by funds: $21K

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 11

1% more funds holding

Funds holding: 8687 (+1)

7% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 27

5% less capital invested

Capital invested by funds: $377M → $357M (-$19.6M)

Holders
87
Holders Change
+1
Holders Change %
+1.16%
% of All Funds
2.32%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
14
Increased
29
Reduced
27
Closed
11
Calls
$507K
Puts
$21K
Net Calls
+$486K
Net Calls Change
+$424K
Name Holding Trade Value Shares
Change
Change in
Stake
AGC
1
Angelo Gordon & Co
New York
$72.9M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$29.2M -$5.2M -353,380 -15%
ACM
3
Archer Capital Management
New York
$26.8M -$11.8K -800 -0%
GAM
4
Goldentree Asset Management
New York
$26.1M +$3.44M +233,600 +15%
NGA
5
New Generation Advisors
Massachusetts
$22.2M
TSW
6
Thompson Siegel & Walmsley
Virginia
$14.4M -$589K -40,033 -4%
BPGAM
7
BTG Pactual Global Asset Management
Bermuda
$14M +$1.23M +83,800 +9%
Vanguard Group
8
Vanguard Group
Pennsylvania
$12.9M +$152K +10,354 +1%
Renaissance Technologies
9
Renaissance Technologies
New York
$11.4M +$443K +30,099 +4%
CS
10
Credit Suisse
Switzerland
$11.2M +$380K +25,817 +3%
RFC
11
Russell Frank Company
Washington
$11M
ACG
12
Anchorage Capital Group
New York
$10.5M -$1.91M -129,540 -15%
BIT
13
BlackRock Institutional Trust
California
$9.75M +$299K +20,272 +3%
BFA
14
BlackRock Fund Advisors
California
$9.34M +$2.37M +160,992 +32%
PCM
15
Polaris Capital Management
Massachusetts
$6.02M +$2.66M +180,315 +74%
RCM
16
Riverloft Capital Management
Florida
$5.68M +$5.89M +400,000 New
GCM
17
Gruss Capital Management
New York
$4.41M -$1.32M -89,700 -22%
State Street
18
State Street
Massachusetts
$4.33M +$132K +8,995 +3%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$4.17M +$1.52M +103,302 +54%
AL
20
AJO LP
Pennsylvania
$4.13M -$78.5K -5,330 -2%
JP Morgan Chase
21
JP Morgan Chase
New York
$3.74M -$459K -31,183 -11%
Northern Trust
22
Northern Trust
Illinois
$3.13M -$75K -5,091 -2%
Wells Fargo
23
Wells Fargo
California
$2.92M +$118 +8 +0%
Loomis, Sayles & Company
24
Loomis, Sayles & Company
Massachusetts
$2.76M -$324 -22 -0%
CCMLC
25
Cardinal Capital Management LLC (Connecticut)
Connecticut
$2.62M

FRP Hedge Fund Activity: Q4 2014 in Review

87 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q4 2014, worth a combined $357M — down 5.2% from $377M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FRP positions and 11 closed out — a net gain of 3 holders — while 29 added to existing stakes and 27 trimmed.

The largest buyer was Goldentree Asset Management, adding an estimated $3.44M. The largest seller was Fidelity Investments, cutting an estimated $5.2M.

  • 87 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q4 2014, up from 86 in Q3 2014.
  • Funds reported $357M of Fairpoint Communications, Inc. stock for Q4 2014, down 5.2% quarter-over-quarter.
  • 14 funds opened new Fairpoint Communications, Inc. positions in Q4 2014 and 11 closed out, a net change of +3 holders.
  • The largest Fairpoint Communications, Inc. buyer in Q4 2014 was Goldentree Asset Management, an estimated $3.44M added.
  • The largest Fairpoint Communications, Inc. seller in Q4 2014 was Fidelity Investments, an estimated $5.2M sold.

Based on aggregated 13F filings for Q4 2014.