Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
FTRPR was delisted on the 29th of June, 2018.
38 hedge funds and large institutions have $149M invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 9 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $145M → $149M (+$3.66M)
10% less funds holding
Funds holding: 42 → 38 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$12.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.53M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.77M |
| 4 |
D.E. Shaw & Co
New York
|
+$4.65M |
| 5 |
BSP
Benefit Street Partners
New York
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$9.68M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$9.41M |
| 3 |
SC
Sculptor Capital
New York
|
-$4.79M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$3.41M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$1.83M |
FTRPR Hedge Fund Activity: Q1 2018 in Review
38 of the 4,373 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 2018, worth a combined $149M — up 2.5% from $145M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FTRPR and 5 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was HBK Investments, adding an estimated $12.5M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $9.68M sold.
- 38 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q1 2018, down from 42 in Q4 2017.
- Funds reported $149M of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q1 2018, up 2.5% quarter-over-quarter.
- 5 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q1 2018 and 9 closed out, a net change of -4 holders.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q1 2018 was HBK Investments, an estimated $12.5M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q1 2018 was OppenheimerFunds, an estimated $9.68M sold.
Based on aggregated 13F filings for Q1 2018.