Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
103 hedge funds and large institutions have $397M invested in Fairpoint Communications, Inc. in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 32 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
19% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 32
6% more funds holding
Funds holding: 97 → 103 (+6)
4% more capital invested
Capital invested by funds: $382M → $397M (+$14.9M)
57% less call options, than puts
Call options by funds: $329K | Put options by funds: $762K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$4.5M |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
+$3.94M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$3.09M |
| 4 |
Millennium Management
New York
|
+$2.51M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
-$18.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.72M |
| 3 |
ACM
Archer Capital Management
New York
|
-$1.5M |
| 4 |
PP
PDT Partners
New York
|
-$841K |
| 5 |
GCM
Gruss Capital Management
New York
|
-$664K |
FRP Hedge Fund Activity: Q4 2015 in Review
103 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q4 2015, worth a combined $397M — up 3.9% from $382M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRP positions and 11 closed out — a net gain of 6 holders — while 38 added to existing stakes and 32 trimmed.
The largest buyer was Citigroup, adding an estimated $4.5M. The largest seller was BTG Pactual Global Asset Management, exiting entirely with an estimated $18.3M sold.
- 103 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q4 2015, up from 97 in Q3 2015.
- Funds reported $397M of Fairpoint Communications, Inc. stock for Q4 2015, up 3.9% quarter-over-quarter.
- 17 funds opened new Fairpoint Communications, Inc. positions in Q4 2015 and 11 closed out, a net change of +6 holders.
- The largest Fairpoint Communications, Inc. buyer in Q4 2015 was Citigroup, an estimated $4.5M added.
- The largest Fairpoint Communications, Inc. seller in Q4 2015 was BTG Pactual Global Asset Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q4 2015.