Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
102 hedge funds and large institutions have $358M invested in Fairpoint Communications, Inc. in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 14 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
1% less funds holding
Funds holding: 103 → 102 (-1)
10% less capital invested
Capital invested by funds: $397M → $358M (-$38.9M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $392K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$4.28M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.77M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$1.81M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.21M |
| 2 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$4.81M |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
-$3.79M |
| 4 |
Citigroup
New York
|
-$3.44M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3M |
FRP Hedge Fund Activity: Q1 2016 in Review
102 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q1 2016, worth a combined $358M — down 9.8% from $397M a quarter earlier.
Fund positioning in FRP was balanced in Q1 2016: 14 funds opened new positions, 14 closed out, 42 added to existing stakes and 30 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.5M. The largest seller was Credit Suisse, cutting an estimated $7.21M.
- 102 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q1 2016, down from 103 in Q4 2015.
- Funds reported $358M of Fairpoint Communications, Inc. stock for Q1 2016, down 9.8% quarter-over-quarter.
- 14 funds opened new Fairpoint Communications, Inc. positions in Q1 2016 and 14 closed out, a net change of 0 holders.
- The largest Fairpoint Communications, Inc. buyer in Q1 2016 was Vanguard Group, an estimated $10.5M added.
- The largest Fairpoint Communications, Inc. seller in Q1 2016 was Credit Suisse, an estimated $7.21M sold.
Based on aggregated 13F filings for Q1 2016.