Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
FTRPR was delisted on the 29th of June, 2018.
41 hedge funds and large institutions have $140M invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 10 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
9% less funds holding
Funds holding: 45 → 41 (-4)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
52% less capital invested
Capital invested by funds: $295M → $140M (-$155M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
FTRPR Hedge Fund Activity: Q4 2017 in Review
41 of the 4,409 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 2017, worth a combined $140M — down 52% from $295M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FTRPR and 7 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Miller Value Partners, adding an estimated $21M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $24.1M sold.
- 41 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q4 2017, down from 45 in Q3 2017.
- Funds reported $140M of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q4 2017, down 52% quarter-over-quarter.
- 7 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q4 2017 and 10 closed out, a net change of -3 holders.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q4 2017 was Miller Value Partners, an estimated $21M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q4 2017 was Discovery Capital Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2017.