Fairpoint Communications, Inc.
FRP
FRP was delisted on the 3rd of July, 2017.
110 hedge funds and large institutions have $399M invested in Fairpoint Communications, Inc. in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
11% more capital invested
Capital invested by funds: $358M → $399M (+$40.7M)
8% more funds holding
Funds holding: 102 → 110 (+8)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $119K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
+$28.5M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$2.76M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.62M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.77M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.16M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.15M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$505K |
| 5 |
Citigroup
New York
|
-$376K |
FRP Hedge Fund Activity: Q2 2016 in Review
110 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Fairpoint Communications, Inc. (FRP) for Q2 2016, worth a combined $399M — up 11% from $358M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRP positions and 8 closed out — a net gain of 9 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Goldentree Asset Management, adding an estimated $28.5M. The largest seller was Morgan Stanley, cutting an estimated $2M.
- 110 institutional investors held Fairpoint Communications, Inc. (FRP) as of Q2 2016, up from 102 in Q1 2016.
- Funds reported $399M of Fairpoint Communications, Inc. stock for Q2 2016, up 11% quarter-over-quarter.
- 17 funds opened new Fairpoint Communications, Inc. positions in Q2 2016 and 8 closed out, a net change of +9 holders.
- The largest Fairpoint Communications, Inc. buyer in Q2 2016 was Goldentree Asset Management, an estimated $28.5M added.
- The largest Fairpoint Communications, Inc. seller in Q2 2016 was Morgan Stanley, an estimated $2M sold.
Based on aggregated 13F filings for Q2 2016.