Vault-13

FRONTIER COMMUNICATIONS PARE FYBR

COM · Common Stock · CUSIP 35909D109 · ISIN US35909D1090

247 institutional holders +5 vs Q2 2023
271,484,772271.5m shares reported held*
$4.3bnreported value*
36 new 81 added 87 reduced 34 sold out net bought ≈ $50.1m (+1.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.71. Options: 22 managers hold calls ($124.6m notional), 24 hold puts ($90.2m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 222Q4 22: 242Q1 23: 249Q2 23: 242Q3 23: 247247Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022222
Q4 2022242
Q1 2023249
Q2 2023242
Q3 2023247

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 137 bought or addedQ4 22: 87 cut or sold outQ4 22Q1 23: 125 bought or addedQ1 23: 117 cut or sold outQ1 23Q2 23: 132 bought or addedQ2 23: 124 cut or sold outQ2 23Q3 23: 117 bought or addedQ3 23: 121 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202213787
Q1 2023125117
Q2 2023132124
Q3 2023117121

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150mQ4 22 calls: $51.7mQ4 22 puts: $5.4mQ4 22P/C 0.10Q1 23 calls: $44.6mQ1 23 puts: $89.6mQ1 23P/C 2.01Q2 23 calls: $137.4mQ2 23 puts: $112.8mQ2 23P/C 0.82Q3 23 calls: $124.6mQ3 23 puts: $90.2mQ3 23P/C 0.72
Numbers
QuarterCallsPutsP/C
Q4 2022$51.7m$5.4m0.10
Q1 2023$44.6m$89.6m2.01
Q2 2023$137.4m$112.8m0.82
Q3 2023$124.6m$90.2m0.72

Biggest buyers

Silver Point Capital L.P. Added +2,393,900+2.4m
Luxor Capital Group, LP Added +1,953,456+2.0m
Glendon Capital Management LP Added +1,417,609+1.4m
Man Group plc New +1,311,930+1.3m
CANADA PENSION PLAN INVESTMENT BOARD Added +1,250,000+1.2m
Capital International Investors Added +959,591+959.6k
AMERICAN CENTURY COMPANIES INC Added +704,857+704.9k
BANK OF AMERICA CORP /DE/ Added +603,694+603.7k
ARES MANAGEMENT LLC Added +507,397+507.4k
683 Capital Management, LLC New +450,000+450.0k

Biggest sellers

Slate Path Capital LP Reduced -3,059,198-3.1m
Empyrean Capital Partners, LP Reduced -2,030,000-2.0m
OAKTREE CAPITAL MANAGEMENT LP Reduced -1,182,003-1.2m
Beach Point Capital Management LP Reduced -1,048,317-1.0m
Point72 Asset Management, L.P. Sold out -694,364-694.4k
Greenstone Partners & Co., LLC Sold out -632,389-632.4k
Taconic Capital Advisors LP Reduced -388,000-388.0k
DIMENSIONAL FUND ADVISORS LP Reduced -334,654-334.7k
Man Group plc Sold out -322,475-322.5k
WELLINGTON MANAGEMENT GROUP LLP Reduced -282,037-282.0k

Biggest calls

Luxor Capital Group, LP Added $72.0m4.6m shares
CITADEL ADVISORS LLC Reduced $15.9m1.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.6m485.0k shares
Cerberus Capital Management, L.P. Unchanged $6.3m400.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $3.3m212.5k shares
SIMPLEX TRADING, LLC Reduced $3.2m203.3k shares
D. E. Shaw & Co., Inc. Added $2.5m159.5k shares
Squarepoint Ops LLC New $2.2m140.0k shares
BANK OF MONTREAL /CAN/ New $2.2m150.0k shares
GOLDMAN SACHS GROUP INC New $2.1m136.5k shares

Biggest puts

BANK OF AMERICA CORP /DE/ Added $18.0m1.2m shares
UBS Group AG Unchanged $9.2m587.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.4m539.5k shares
Schonfeld Strategic Advisors LLC Unchanged $7.8m500.0k shares
WOLVERINE ASSET MANAGEMENT LLC Added $7.8m498.4k shares
Walleye Capital LLC Added $7.3m468.1k shares
CITADEL ADVISORS LLC Reduced $5.6m360.9k shares
BlackRock Inc. Reduced $4.7m300.0k shares
Lombard Odier Asset Management (USA) Corp New $4.1m265.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $3.7m238.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Glendon Capital Management LP (0.0%, 2026-02-12)

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARES MANAGEMENT LLC 15.65% of their portfolio LOS ANGELES, CA 38,612,89538.6m $604.3m $604.3m 15.65% Added +507.4k +507,397
2 Glendon Capital Management LP 36.66% of their portfolio Santa Monica, CA 24,215,90924.2m $379.0m $379.0m 36.66% Added +1.4m +1,417,609
3 Cerberus Capital Management, L.P. 8.85% of their portfolio NEW YORK, NY 24,084,55924.1m $376.9m $376.9m 8.85% Unchanged
4 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 23,827,85323.8m $372.9m $372.9m 0.01% Added +118.9k +118,939
5 BlackRock Inc. 0.01% of their portfolio New York, NY 19,914,44619.9m $311.7m $311.7m 0.01% Added +110.8k +110,841
6 Capital International Investors 0.07% of their portfolio Los Angeles, CA 17,277,84817.3m $270.4m $270.4m 0.07% Added +959.6k +959,591
7 CANADA PENSION PLAN INVESTMENT BOARD 0.22% of their portfolio TORONTO ONTARIO, A6 9,814,9109.8m $153.6m $153.6m 0.22% Added +1.2m +1,250,000
8 JANA Partners Management, LP 9.24% of their portfolio NEW YORK, NY 8,279,1768.3m $129.6m $129.6m 9.24% First filing
9 ANTIPODES PARTNERS Ltd 3.67% of their portfolio ROYAL EXCHANGE, C3 7,485,2897.5m $114.2m $114.2m 3.67% Reduced -109.5k -109,485
10 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,593,4246.6m $103.2m $103.2m 0.01% Added +24.9k +24,943
11 Anchorage Capital Group, L.L.C. 15.23% of their portfolio NEW YORK, NY 6,397,8126.4m $100.1m $100.1m 15.23% Added +100.0k +100,000
12 Taconic Capital Advisors LP 5.36% of their portfolio NEW YORK, NY 5,892,2285.9m $92.2m $92.2m 5.36% Reduced -388.0k -388,000
13 Silver Point Capital L.P. 7.40% of their portfolio Greenwich, CT 5,240,9005.2m $82.0m $82.0m 7.40% Added +2.4m +2,393,900
14 MARATHON ASSET MANAGEMENT LP 43.44% of their portfolio NEW YORK, NY 5,228,1675.2m $81.8m $81.8m 43.44% Unchanged
15 MAGNOLIA GROUP, LLC 11.19% of their portfolio OMAHA, NE 4,440,9314.4m $69.5m $69.5m 11.19% Added +65.0k +65,000
16 Luxor Capital Group, LP 6.25% of their portfolio NEW YORK, NY 3,686,3473.7m $57.7m $57.7m 6.25% Added +2.0m +1,953,456
17 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,557,6383.6m $55.7m $55.7m 0.01% Reduced -12.7k -12,693
18 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 3,446,1563.4m $53.9m $53.9m 0.02% Reduced -334.7k -334,654
19 OAKTREE CAPITAL MANAGEMENT LP 0.67% of their portfolio LOS ANGELES, CA 2,800,8462.8m $43.8m $43.8m 0.67% Reduced -1.2m -1,182,003
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,662,0292.7m $41.7m $41.7m 0.01% Added +223.1k +223,073
21 APG Asset Management N.V. 0.08% of their portfolio Amsterdam, P7 2,435,1662.4m $38.1m $38.1m 0.08% Reduced -141.2k -141,192
22 Dorsal Capital Management, LP 1.11% of their portfolio Redwood City, CA 2,000,0002.0m $31.3m $31.3m 1.11% Added +200.0k +200,000
23 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,946,5141.9m $30.5m $30.5m 0.01% Reduced -16.3k -16,259
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,943,5461.9m $30.4m $30.4m 0.00% Reduced -117.3k -117,260
25 Solus Alternative Asset Management LP 9.74% of their portfolio Summit, NJ 1,943,4981.9m $30.4m $30.4m 9.74% Added +50.0k +50,000
26 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,913,8151.9m $30.0m $30.0m 0.01% Added +248.6k +248,628
27 PointState Capital LP 1.00% of their portfolio New York, NY 1,865,5261.9m $29.2m $29.2m 1.00% Added +94.4k +94,363
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,683,8211.7m $26.4m $26.4m 0.00% Added +25.3k +25,311
29 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,663,1971.7m $26.0m $26.0m 0.01% Reduced -31.6k -31,600
30 Empyrean Capital Partners, LP 1.58% of their portfolio LOS ANGELES, CA 1,640,0001.6m $25.7m $25.7m 1.58% Reduced -2.0m -2,030,000
31 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 1,545,0631.5m $24.2m $24.2m 0.02% Added +704.9k +704,857
32 Siguler Guff Advisers, LLC 11.43% of their portfolio NEW YORK, NY 1,428,7291.4m $22.4m $22.4m 11.43% Unchanged
33 Wildcat Capital Management, LLC 8.88% of their portfolio NEW YORK, NY 1,412,6171.4m $22.1m $22.1m 8.88% Added +50.0k +50,000
34 Man Group plc 0.06% of their portfolio LONDON, X0 1,311,9301.3m $20.5m $20.5m 0.06% New
35 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 1,227,3841.2m $19.2m $19.2m 0.01% Added +107.1k +107,138
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,168,8901.2m $18.3m $18.3m 0.00% Added +603.7k +603,694
37 FMR LLC 0.00% of their portfolio BOSTON, MA 1,031,2991.0m $16.1m $16.1m 0.00% Reduced -194.1k -194,107
38 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 817,769817.8k $12.8m $12.8m 0.01% Reduced -22.2k -22,208
39 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 783,171783.2k $12.3m $12.3m 0.00% Added +38.8k +38,791
40 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 689,387689.4k $10.8m $10.8m 0.01% Reduced -13.9k -13,950
41 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 600,000600.0k $9.4m $9.4m 0.00% Unchanged
42 Benefit Street Partners LLC 43.73% of their portfolio NEW YORK, NY 553,709553.7k $8.7m $8.7m 43.73% Unchanged
43 TCW GROUP INC 0.10% of their portfolio LOS ANGELES, CA 530,627530.6k $8.3m $8.3m 0.10% Added +143.5k +143,527
44 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 518,689518.7k $8.1m $8.1m 0.00% Added +15.7k +15,698
45 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 513,126513.1k $8.0m $8.0m 0.01% Added +109.7k +109,659
46 Legal & General Group Plc 0.00% of their portfolio London, X0 509,944509.9k $8.0m $8.0m 0.00% Added +6.7k +6,727
47 Slate Path Capital LP 0.21% of their portfolio New York, NY 476,802476.8k $7.5m $7.5m 0.21% Reduced -3.1m -3,059,198
48 683 Capital Management, LLC 0.71% of their portfolio NEW YORK, NY 450,000450.0k $7.0m $7.0m 0.71% New
49 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 438,889438.9k $6.9m $6.9m 0.01% Added +68.1k +68,080
50 Swiss National Bank 0.00% of their portfolio ZURICH, V8 404,600404.6k $6.3m $6.3m 0.00% Added +4.1k +4,100
51 Zeno Research, LLC 2.90% of their portfolio NEW YORK, NY 399,761399.8k $6.3m $6.3m 2.90% Added +80.7k +80,726
52 CI INVESTMENTS INC. 0.03% of their portfolio TORONTO, Z4 385,383385.4k $6.0m $6.0m 0.03% Added +125.5k +125,525
53 TUDOR INVESTMENT CORP ET AL 0.08% of their portfolio STAMFORD, CT 363,204363.2k $5.7m $5.7m 0.08% Added +140.9k +140,943
54 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 358,647358.6k $5.1m $5.1m 0.01% Added +332.7k +332,700
55 LASRY MARC 5.52% of their portfolio NEW YORK, NY 357,453357.5k $5.6m $5.6m 5.52% Unchanged
56 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 344,598344.6k $5.4m $5.4m 0.01% Added +8.9k +8,890
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 320,606320.6k $5.0m $5.0m 0.00% Reduced -15.3k -15,348
58 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 314,675314.7k $4.9m $4.9m 0.01% Added +60.2k +60,159
59 Beach Point Capital Management LP 2.89% of their portfolio Santa Monica, CA 312,627312.6k $4.9m $4.9m 2.89% Reduced -1.0m -1,048,317
60 AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio New York, NY 311,823311.8k $4.9m $4.9m 0.03% Reduced -25.1k -25,133
61 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 305,439305.4k $4.8m $4.8m 0.00% Reduced -49.1k -49,138
62 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 300,697300.7k $4.7m $4.7m 0.01% Reduced -43.1k -43,076
63 PDT Partners, LLC 0.59% of their portfolio New York, NY 300,176300.2k $4.7m $4.7m 0.59% Added +281.8k +281,849
64 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 299,797299.8k $4.7m $4.7m 0.00% Added +28.5k +28,500
65 Allianz Asset Management GmbH 0.01% of their portfolio MUNICH, 2M 279,638279.6k $4.4m $4.4m 0.01% Added +112.0k +111,998
66 Retirement Systems of Alabama 0.02% of their portfolio MONTGOMERY, AL 276,172276.2k $4.3m $4.3m 0.02% Reduced -11.6k -11,558
67 UBS Group AG 0.00% of their portfolio ZURICH, V8 273,697273.7k $4.3m $4.3m 0.00% Added +268.2k +268,204
68 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 253,994254.0k $4.0m $4.0m 0.00% Reduced -90.7k -90,704
69 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 252,290252.3k $3.9m $3.9m 0.00% Reduced -13.5k -13,505
70 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 250,355250.4k $3.9m $3.9m 0.00% Added +92.0k +92,014
71 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 217,227217.2k $3.4m $3.4m 0.01% Reduced -26.8k -26,772
72 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 210,898210.9k $3.3m $3.3m 0.00% Unchanged
73 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 201,397201.4k $3.2m $3.2m 0.00% Reduced -37.5k -37,546
74 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 192,754192.8k $3.0m $3.0m 0.00% Added +25.2k +25,168
75 Thematics Asset Management 0.15% of their portfolio PARIS, I0 191,542191.5k $3.0m $3.0m 0.15% Unchanged
76 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 189,008189.0k $3.0m $3.0m 0.00% New
77 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 188,726188.7k $3.0m $3.0m 0.01% Reduced -2.2k -2,246
78 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 187,496187.5k $2.9m $2.9m 0.03% Reduced -9.0k -9,009
79 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 186,329186.3k $2.9m $2.9m 0.00% Reduced -14.0k -14,013
80 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 180,600180.6k $2.8m $2.8m 0.01% Added +52.1k +52,105
81 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 176,340176.3k $2.8m $2.8m 0.00% Reduced -5.1k -5,059
82 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 171,708171.7k $2.7m $2.7m 0.01% Added +17.6k +17,555
83 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 170,948170.9k $2.7m $2.7m 0.01% Added +360 +360
84 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 168,715168.7k $2.6m $2.6m 0.00% Added +43.6k +43,624
85 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 161,010161.0k $2.5m $2.5m 0.01% Unchanged
86 AMALGAMATED BANK 0.02% of their portfolio NEW YORK, NY 144,550144.6k $2.3m $2.3m 0.02% Reduced -4.5k -4,509
87 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 143,762143.8k $2.2m $2.2m 0.03% Reduced -17.6k -17,649
88 MOODY NATIONAL BANK TRUST DIVISION 0.14% of their portfolio GALVESTON, TX 137,833137.8k $2.2m $2.2m 0.14% New
89 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 137,627137.6k $2.2m $2.2m 0.00% Reduced -147.3k -147,275
90 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 127,227127.2k $2.0m $2.0m 0.02% Reduced -7.0k -7,004
91 PEAK6 Investments LLC 0.09% of their portfolio CHICAGO, IL 119,829119.8k $1.9m $1.9m 0.09% Added +8.6k +8,552
92 COOPER INVESTORS PTY LTD 0.16% of their portfolio MELBOURNE, VICTORIA, C3 110,263110.3k $2.1m $2.1m 0.16% First filing
93 Treasurer of the State of North Carolina 0.01% of their portfolio RALEIGH, NC 107,519107.5k $1.7m $1.7m 0.01% Added +550 +550
94 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 103,825103.8k $1.6m $1.6m 0.00% Added +8.5k +8,473
95 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 103,284103.3k $1.6m $1.6m 0.01% Reduced -10.0k -9,992
96 YOUSIF CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BLOOMFIELD HILLS, MI 102,890102.9k $1.6m $1.6m 0.02% Reduced -6.8k -6,770
97 Pale Fire Capital SE 0.16% of their portfolio Prague, 2N 101,366101.4k $1.6m $1.6m 0.16% Unchanged
98 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 93,24693.2k $1.5m $1.5m 0.02% New
99 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 90,61790.6k $1.4m $1.4m 0.01% Added +50.8k +50,826
100 COMERICA BANK 0.01% of their portfolio DALLAS, TX 89,68289.7k $1.4m $1.4m 0.01% New