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FRP

Fairpoint Communications, Inc.
FRP

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 102110 (+8)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $119K

Holders
110
Holders Change
+8
Holders Change %
+7.84%
% of All Funds
2.93%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
17
Increased
42
Reduced
33
Closed
8
Calls
Puts
$119K
Net Calls
-$119K
Net Calls Change
+$272K
Name Holding Trade Value Shares
Change
Change in
Stake
AGC
1
Angelo Gordon & Co
New York
$75.3M
GAM
2
Goldentree Asset Management
New York
$66.3M +$28.5M +2,026,804 +82%
Vanguard Group
3
Vanguard Group
Pennsylvania
$37M +$1.77M +125,425 +5%
NGA
4
New Generation Advisors
Massachusetts
$22.7M
ACM
5
Archer Capital Management
New York
$19.2M -$329K -23,350 -2%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$15.8M -$24.2K -1,719 -0.2%
Renaissance Technologies
7
Renaissance Technologies
New York
$15.8M +$114K +8,100 +0.8%
BIT
8
BlackRock Institutional Trust
California
$12M -$110K -7,781 -0.9%
TSW
9
Thompson Siegel & Walmsley
Virginia
$11.5M -$180K -12,806 -2%
BFA
10
BlackRock Fund Advisors
California
$10.2M +$260K +18,488 +3%
EA
11
Emerald Acquisition
Washington
$8.59M +$8.23M +584,925 New
CS
12
Credit Suisse
Switzerland
$7.31M +$171K +12,142 +3%
AL
13
AJO LP
Pennsylvania
$7M +$2.76M +196,316 +70%
PCM
14
Polaris Capital Management
Massachusetts
$6.91M +$53.5K +3,800 +0.8%
American Century Companies
15
American Century Companies
Missouri
$5.54M +$451K +32,044 +9%
State Street
16
State Street
Massachusetts
$5.17M -$56.1K -3,986 -1%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$3.98M +$7.52K +534 +0.2%
Northern Trust
18
Northern Trust
Illinois
$3.6M -$18.1K -1,289 -0.5%
Charles Schwab
19
Charles Schwab
California
$3.35M +$228K +16,200 +8%
NI
20
Numeric Investors
Massachusetts
$2.73M +$2.62M +185,814 New
Geode Capital Management
21
Geode Capital Management
Massachusetts
$2.64M +$329K +23,358 +15%
Morgan Stanley
22
Morgan Stanley
New York
$2.34M -$2M -141,939 -47%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$2.11M +$1.11K +79 +0.1%
Invesco
24
Invesco
Georgia
$1.93M -$98.6K -7,003 -5%
Barrow, Hanley, Mewhinney & Strauss
25
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.92M +$139K +9,846 +8%

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.