Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
FTRPR was delisted on the 29th of June, 2018.
23 hedge funds and large institutions have $48.2M invested in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 20 closing their positions.
39% less funds holding
Funds holding: 38 → 23 (-15)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
68% less capital invested
Capital invested by funds: $149M → $48.2M (-$100M)
75% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$21.1M |
| 2 |
Barclays
London,
United Kingdom
|
+$11.4M |
| 3 |
SG Americas Securities
New York
|
+$8.13M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$1.98M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$27.3M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$18.3M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$14.9M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.5M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$10.3M |
FTRPR Hedge Fund Activity: Q2 2018 in Review
23 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) for Q2 2018, worth a combined $48.2M — down 68% from $149M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FTRPR and 5 opened new positions — a net loss of 15 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $21.1M. The largest seller was BlackRock, exiting entirely with an estimated $27.3M sold.
- 23 institutional investors held Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock (FTRPR) as of Q2 2018, down from 38 in Q1 2018.
- Funds reported $48.2M of Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock stock for Q2 2018, down 68% quarter-over-quarter.
- 5 funds opened new Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock positions in Q2 2018 and 20 closed out, a net change of -15 holders.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock buyer in Q2 2018 was Bluefin Capital Management, an estimated $21.1M added.
- The largest Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock seller in Q2 2018 was BlackRock, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2018.