Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
FTRPR was delisted on the 29th of June, 2018.
58 hedge funds and large institutions have $835M invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 61 → 58 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
31% less capital invested
Capital invested by funds: $1.22B → $835M (-$382M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$132M |
| 2 |
HHC
Hutchin Hill Capital
New York
|
+$46.2M |
| 3 |
FC
Finepoint Capital
Boston,
Massachusetts
|
+$38.5M |
| 4 |
AGC
Angelo Gordon & Co
New York
|
+$17.9M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$34.9M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$26.9M |
| 3 |
ACM
Advent Capital Management
New York
|
-$18.2M |
| 4 |
Barclays
London,
United Kingdom
|
-$12M |
| 5 |
SC
Sculptor Capital
New York
|
-$11.2M |
FTRPR Hedge Fund Activity: Q1 2017 in Review
58 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) for Q1 2017, worth a combined $835M — down 31% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FTRPR and 11 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 16 added.
The largest buyer was BlackRock, opening a new position worth an estimated $132M. The largest seller was Massachusetts Financial Services, cutting an estimated $34.9M.
- 58 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q1 2017, down from 61 in Q4 2016.
- Funds reported $835M of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q1 2017, down 31% quarter-over-quarter.
- 11 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q1 2017 and 13 closed out, a net change of -2 holders.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q1 2017 was BlackRock, an estimated $132M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q1 2017 was Massachusetts Financial Services, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2017.