Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
FTRPR was delisted on the 29th of June, 2018.
66 hedge funds and large institutions have $1.43B invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 7 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1% less funds holding
Funds holding: 67 → 66 (-1)
21% less capital invested
Capital invested by funds: $1.8B → $1.43B (-$371M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$27.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$16.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.5M |
| 4 |
O
OppenheimerFunds
New York
|
+$10.5M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$9.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$1.7B |
| 2 |
SG Americas Securities
New York
|
-$47.7M |
| 3 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$41.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$35.8M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
-$23M |
FTRPR Hedge Fund Activity: Q3 2016 in Review
66 of the 3,748 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 2016, worth a combined $1.43B — down 21% from $1.8B a quarter earlier.
Fund positioning in FTRPR was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 26 added to existing stakes and 19 trimmed.
The largest buyer was Barclays, adding an estimated $27.9M. The largest seller was BlueCrest Capital Management, cutting an estimated $1.7B.
- 66 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q3 2016, down from 67 in Q2 2016.
- Funds reported $1.43B of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q3 2016, down 21% quarter-over-quarter.
- 7 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q3 2016 and 7 closed out, a net change of 0 holders.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q3 2016 was Barclays, an estimated $27.9M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q3 2016 was BlueCrest Capital Management, an estimated $1.7B sold.
Based on aggregated 13F filings for Q3 2016.