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 $1.81B invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 11 closing their positions.
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 60 → 60 (0)
4% less capital invested
Capital invested by funds: $1.89B → $1.81B (-$75.8M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$27.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.3M |
| 3 |
GXMC
Global X Management Company
New York
|
+$10.7M |
| 4 |
SG Americas Securities
New York
|
+$10.6M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$13.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.3M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$13M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.02M |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$8.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
76
Mizuho Securities USA
New York
| – | -$606K | -6,550 | Closed |
|
77
Goldman Sachs
New York
| – | -$559K | -6,000 | Closed |
|
|
WHG
78
Westwood Holdings Group
Dallas,
Texas
| – | -$484K | -5,200 | Closed |
|
79
Northern Trust
Chicago,
Illinois
| – | -$279K | -3,000 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$51K | -546 | Closed |
|
FTRPR Hedge Fund Activity: Q4 2015 in Review
60 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) for Q4 2015, worth a combined $1.81B — down 4% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FTRPR positions and 11 closed out — a net gain of 1 holder — while 15 added to existing stakes and 22 trimmed.
The largest buyer was Capital World Investors, adding an estimated $27.4M. The largest seller was Wolverine Asset Management, cutting an estimated $13.9M.
- 60 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $1.81B of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q4 2015, down 4% quarter-over-quarter.
- 12 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q4 2015 and 11 closed out, a net change of +1 holder.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q4 2015 was Capital World Investors, an estimated $27.4M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q4 2015 was Wolverine Asset Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2015.