Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
FTRPR was delisted on the 29th of June, 2018.
60 hedge funds and large institutions have $1.89B invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 35 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
15% more capital invested
Capital invested by funds: $1.65B → $1.89B (+$239M)
26% less funds holding
Funds holding: 81 → 60 (-21)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
57% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$141M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$72.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$33.9M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$27.3M |
| 5 |
O
OppenheimerFunds
New York
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$64.4M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
-$45.2M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$37.3M |
| 4 |
AGC
Angelo Gordon & Co
New York
|
-$17.4M |
| 5 |
KCM
Kingdon Capital Management
New York
|
-$17M |
FTRPR Hedge Fund Activity: Q3 2015 in Review
60 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) for Q3 2015, worth a combined $1.89B — up 15% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FTRPR and 15 opened new positions — a net loss of 20 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $141M. The largest seller was Camden Asset Management, cutting an estimated $64.4M.
- 60 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q3 2015, down from 81 in Q2 2015.
- Funds reported $1.89B of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q3 2015, up 15% quarter-over-quarter.
- 15 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q3 2015 and 35 closed out, a net change of -20 holders.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q3 2015 was BlackRock Fund Advisors, an estimated $141M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q3 2015 was Camden Asset Management, an estimated $64.4M sold.
Based on aggregated 13F filings for Q3 2015.