Vault-13

FRONTIER COMMUNICATIONS PARE FYBR

COM · Common Stock · CUSIP 35909D109 · ISIN US35909D1090

289 institutional holders +15 vs Q4 2023
276,727,657276.7m shares reported held*
$6.8bnreported value*
43 new 89 added 91 reduced 29 sold out net bought ≈ $36.9m (+1.5m 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 ($3.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.48. Options: 18 managers hold calls ($39.5m notional), 24 hold puts ($97.6m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 222Q4 22: 242Q1 23: 249Q2 23: 242Q3 23: 247Q4 23: 274Q1 24: 289289Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022222
Q4 2022242
Q1 2023249
Q2 2023242
Q3 2023247
Q4 2023274
Q1 2024289

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 23Q4 23: 141 bought or addedQ4 23: 112 cut or sold outQ4 23Q1 24: 132 bought or addedQ1 24: 120 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202213787
Q1 2023125117
Q2 2023132124
Q3 2023117121
Q4 2023141112
Q1 2024132120

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 23 calls: $137.4mQ2 23 puts: $112.8mQ2 23P/C 0.82Q3 23 calls: $124.6mQ3 23 puts: $90.2mQ3 23P/C 0.72Q4 23 calls: $121.7mQ4 23 puts: $204.8mQ4 23P/C 1.68Q1 24 calls: $39.5mQ1 24 puts: $97.6mQ1 24P/C 2.47
Numbers
QuarterCallsPutsP/C
Q2 2023$137.4m$112.8m0.82
Q3 2023$124.6m$90.2m0.72
Q4 2023$121.7m$204.8m1.68
Q1 2024$39.5m$97.6m2.47

Biggest buyers

T. Rowe Price Investment Management, Inc. Added +2,226,105+2.2m
MORGAN STANLEY Added +1,974,265+2.0m
DIMENSIONAL FUND ADVISORS LP Added +1,640,170+1.6m
Slate Path Capital LP Added +1,638,177+1.6m
CANADA PENSION PLAN INVESTMENT BOARD Added +1,462,646+1.5m
REAVES W H & CO INC New +824,474+824.5k
JANA Partners Management, LP Added +698,600+698.6k
Invesco Ltd. Added +617,475+617.5k
Luxor Capital Group, LP Added +594,291+594.3k
NORGES BANK Added +494,305+494.3k

Biggest sellers

ANTIPODES PARTNERS Ltd Reduced -1,909,979-1.9m
Taconic Capital Advisors LP Reduced -1,876,548-1.9m
Anchorage Capital Group, L.L.C. Reduced -1,274,267-1.3m
PointState Capital LP Sold out -1,195,362-1.2m
UBS Group AG Reduced -1,143,883-1.1m
Empyrean Capital Partners, LP Sold out -920,000-920.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -755,405-755.4k
Sunriver Management LLC Sold out -641,460-641.5k
MACKENZIE FINANCIAL CORP Sold out -583,940-583.9k
Silver Point Capital L.P. Reduced -519,929-519.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.1m410.4k shares
CITADEL ADVISORS LLC Reduced $7.5m305.9k shares
Twin Tree Management, LP Unchanged $4.4m177.7k shares
BANK OF MONTREAL /CAN/ Added $4.0m160.6k shares
D. E. Shaw & Co., Inc. Reduced $2.9m116.7k shares
SIMPLEX TRADING, LLC Reduced $2.6m106.5k shares
WOLVERINE TRADING, LLC Reduced $1.6m65.1k shares
Squarepoint Ops LLC Reduced $1.3m54.7k shares
GROUP ONE TRADING LLC Reduced $1.3m54.3k shares
MILLENNIUM MANAGEMENT LLC Reduced $1.3m53.3k shares

Biggest puts

GOLDMAN SACHS GROUP INC Added $25.5m1.0m shares
MILLENNIUM MANAGEMENT LLC Added $11.7m477.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.8m360.2k shares
SIMPLEX TRADING, LLC Reduced $7.4m302.4k shares
WOLVERINE ASSET MANAGEMENT LLC Reduced $6.6m270.2k shares
Lombard Odier Asset Management (USA) Corp Unchanged $6.5m265.0k shares
CITADEL ADVISORS LLC Reduced $5.6m229.6k shares
NOMURA HOLDINGS INC New $3.8m156.8k shares
GROUP ONE TRADING LLC Reduced $3.3m136.0k shares
Squarepoint Ops LLC Reduced $3.1m125.3k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARES MANAGEMENT LLC 22.30% of their portfolio LOS ANGELES, CA 38,912,89538.9m $953.4m $953.4m 22.30% Unchanged
2 Glendon Capital Management LP 45.98% of their portfolio Santa Monica, CA 24,215,90924.2m $593.3m $593.3m 45.98% Unchanged
3 Cerberus Capital Management, L.P. 14.40% of their portfolio NEW YORK, NY 24,104,55924.1m $590.6m $590.6m 14.40% Added +20.0k +20,000
4 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 24,072,54724.1m $589.8m $589.8m 0.01% Added +108.3k +108,344
5 BlackRock Inc. 0.01% of their portfolio New York, NY 20,070,36820.1m $491.7m $491.7m 0.01% Added +266.1k +266,150
6 Capital International Investors 0.09% of their portfolio Los Angeles, CA 17,415,37117.4m $426.7m $426.7m 0.09% Added +92.9k +92,944
7 CANADA PENSION PLAN INVESTMENT BOARD 0.35% of their portfolio TORONTO ONTARIO, A6 13,683,96513.7m $335.3m $335.3m 0.35% Added +1.5m +1,462,646
8 JANA Partners Management, LP 13.02% of their portfolio NEW YORK, NY 9,722,0769.7m $238.2m $238.2m 13.02% Added +698.6k +698,600
9 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,918,9676.9m $169.5m $169.5m 0.01% Added +129.9k +129,857
10 DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio AUSTIN, TX 6,501,6046.5m $159.3m $159.3m 0.04% Added +1.6m +1,640,170
11 MARATHON ASSET MANAGEMENT LP 59.35% of their portfolio NEW YORK, NY 5,228,1675.2m $128.1m $128.1m 59.35% Unchanged
12 Anchorage Capital Group, L.L.C. 32.67% of their portfolio NEW YORK, NY 5,123,5455.1m $125.5m $125.5m 32.67% Reduced -1.3m -1,274,267
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,828,5154.8m $118.3m $118.3m 0.00% Added +2.0m +1,974,265
14 MAGNOLIA GROUP, LLC 16.52% of their portfolio OMAHA, NE 4,476,9314.5m $109.7m $109.7m 16.52% Unchanged
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,946,4723.9m $96.7m $96.7m 0.00% Added +30.9k +30,882
16 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,824,2943.8m $93.7m $93.7m 0.01% Added +157.8k +157,847
17 Taconic Capital Advisors LP 11.86% of their portfolio NEW YORK, NY 3,774,2483.8m $92.5m $92.5m 11.86% Reduced -1.9m -1,876,548
18 T. Rowe Price Investment Management, Inc. 0.05% of their portfolio BALTIMORE, MD 3,654,6793.7m $89.5m $89.5m 0.05% Added +2.2m +2,226,105
19 ANTIPODES PARTNERS Ltd 2.33% of their portfolio ROYAL EXCHANGE, C3 3,002,5233.0m $73.6m $73.6m 2.33% Reduced -1.9m -1,909,979
20 Luxor Capital Group, LP 10.01% of their portfolio NEW YORK, NY 2,752,7902.8m $67.4m $67.4m 10.01% Added +594.3k +594,291
21 Silver Point Capital L.P. 5.18% of their portfolio Greenwich, CT 2,645,0712.6m $64.8m $64.8m 5.18% Reduced -519.9k -519,929
22 NORGES BANK 0.01% of their portfolio OSLO, Q8 2,478,0722.5m $60.7m $60.7m 0.01% Added +494.3k +494,305
23 APG Asset Management N.V. 0.09% of their portfolio Amsterdam, P7 2,360,3252.4m $53.5m $53.5m 0.09% Reduced -119.3k -119,321
24 Slate Path Capital LP 1.12% of their portfolio New York, NY 2,299,6792.3m $56.3m $56.3m 1.12% Added +1.6m +1,638,177
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,159,0322.2m $52.9m $52.9m 0.01% Reduced -755.4k -755,405
26 Solus Alternative Asset Management LP 14.48% of their portfolio Summit, NJ 1,943,4981.9m $47.6m $47.6m 14.48% Unchanged
27 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,926,6721.9m $47.2m $47.2m 0.03% Added +104.7k +104,717
28 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,823,1121.8m $44.7m $44.7m 0.01% Reduced -115.1k -115,138
29 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,672,1511.7m $41.0m $41.0m 0.01% Added +617.5k +617,475
30 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,517,7861.5m $37.2m $37.2m 0.01% Reduced -199.3k -199,253
31 FULLER & THALER ASSET MANAGEMENT, INC. 0.16% of their portfolio SAN MATEO, CA 1,453,0141.5m $35.6m $35.6m 0.16% Added +408.5k +408,510
32 Siguler Guff Advisers, LLC 13.95% of their portfolio NEW YORK, NY 1,428,7291.4m $35.0m $35.0m 13.95% Unchanged
33 Wildcat Capital Management, LLC 12.48% of their portfolio NEW YORK, NY 1,412,6171.4m $34.4m $34.4m 12.48% Unchanged
34 Anchorage Capital Advisors, L.P. 15.49% of their portfolio NEW YORK, NY 1,366,6671.4m $33.5m $33.5m 15.49% First filing
35 ARISTEIA CAPITAL, L.L.C. 1.30% of their portfolio GREENWICH, CT 1,236,1991.2m $30.3m $30.3m 1.30% Added +311.2k +311,199
36 FMR LLC 0.00% of their portfolio BOSTON, MA 1,230,5901.2m $30.1m $30.1m 0.00% Reduced -161.0k -161,006
37 Davidson Kempner Capital Management LP 0.32% of their portfolio New York, NY 883,000883.0k $21.6m $21.6m 0.32% Not comparable
38 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 834,908834.9k $20.5m $20.5m 0.01% Added +21.4k +21,358
39 REAVES W H & CO INC 0.72% of their portfolio JERSEY CITY, NJ 824,474824.5k $20.2m $20.2m 0.72% New
40 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 718,303718.3k $17.6m $17.6m 0.01% Added +1.6k +1,605
41 TCW GROUP INC 0.16% of their portfolio LOS ANGELES, CA 649,850649.9k $15.9m $15.9m 0.16% Added +121.5k +121,470
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 648,667648.7k $15.9m $15.9m 0.00% Added +128.7k +128,678
43 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 641,722641.7k $15.7m $15.7m 0.02% Reduced -31.4k -31,442
44 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 600,000600.0k $14.7m $14.7m 0.00% Unchanged
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 483,435483.4k $11.8m $11.8m 0.00% Reduced -1.1m -1,143,883
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 474,791474.8k $11.6m $11.6m 0.00% Added +32.9k +32,880
47 Legal & General Group Plc 0.00% of their portfolio London, X0 464,550464.6k $11.4m $11.4m 0.00% Reduced -33.9k -33,875
48 Polar Asset Management Partners Inc. 0.28% of their portfolio TORONTO, A6 431,100431.1k $10.6m $10.6m 0.28% Added +332.6k +332,570
49 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 429,187429.2k $10.5m $10.5m 0.01% Reduced -9.7k -9,702
50 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio TORONTO, A6 413,900413.9k $10.1m $10.1m 0.04% Reduced -156.9k -156,900
51 CI INVESTMENTS INC. 0.04% of their portfolio TORONTO, Z4 373,144373.1k $9.1m $9.1m 0.04% Reduced -4.3k -4,295
52 Swiss National Bank 0.01% of their portfolio ZURICH, V8 363,300363.3k $8.9m $8.9m 0.01% Unchanged
53 LASRY MARC 7.46% of their portfolio NEW YORK, NY 357,453357.5k $8.8m $8.8m 7.46% Unchanged
54 13D Management LLC 5.13% of their portfolio New York, NY 342,900342.9k $8.4m $8.4m 5.13% Added +381 +381
55 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 325,970326.0k $8.0m $8.0m 0.00% Added +4.0k +4,012
56 Schonfeld Strategic Advisors LLC 0.06% of their portfolio NEW YORK, NY 315,173315.2k $7.7m $7.7m 0.06% New
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 313,101313.1k $7.7m $7.7m 0.00% Added +2.9k +2,896
58 AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio New York, NY 293,012293.0k $7.2m $7.2m 0.03% Reduced -6.0k -5,950
59 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 281,012281.0k $6.9m $6.9m 0.01% New
60 Retirement Systems of Alabama 0.03% of their portfolio MONTGOMERY, AL 277,784277.8k $6.8m $6.8m 0.03% Added +763 +763
61 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 262,661262.7k $6.4m $6.4m 0.00% Reduced -8.2k -8,176
62 Beach Point Capital Management LP 2.08% of their portfolio Santa Monica, CA 242,596242.6k $5.9m $5.9m 2.08% Reduced -70.0k -70,031
63 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 241,993242.0k $5.9m $5.9m 0.00% Added +44.1k +44,095
64 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 233,450233.4k $5.7m $5.7m 0.01% Added +45.1k +45,052
65 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 226,970227.0k $5.6m $5.6m 0.00% Added +27.0k +26,984
66 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 211,459211.5k $5.2m $5.2m 0.00% Added +74.6k +74,641
67 PDT Partners, LLC 0.49% of their portfolio New York, NY 210,459210.5k $5.2m $5.2m 0.49% Added +12.9k +12,927
68 Trexquant Investment LP 0.10% of their portfolio STAMFORD, CT 208,078208.1k $5.1m $5.1m 0.10% Added +92.0k +91,958
69 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 196,697196.7k $4.8m $4.8m 0.00% Reduced -618 -618
70 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 195,142195.1k $4.8m $4.8m 0.00% Added +8.0k +8,020
71 TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio AUSTIN, TX 193,601193.6k $4.7m $4.7m 0.04% Added +2.8k +2,798
72 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 192,594192.6k $4.7m $4.7m 0.00% Reduced -162.1k -162,112
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 192,556192.6k $4.7m $4.7m 0.01% Reduced -12.3k -12,268
74 Thematics Asset Management 0.19% of their portfolio PARIS, I0 190,961191.0k $4.7m $4.7m 0.19% Added +34.7k +34,665
75 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 160,273160.3k $3.9m $3.9m 0.00% Added +135.8k +135,836
76 PEAK6 Investments LLC 0.19% of their portfolio CHICAGO, IL 159,762159.8k $3.9m $3.9m 0.19% Reduced -285.5k -285,529
77 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 157,667157.7k $3.6m $3.6m 0.01% Reduced -33.8k -33,757
78 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 156,957157.0k $3.8m $3.8m 0.01% Reduced -15.3k -15,333
79 COMERICA BANK 0.02% of their portfolio DALLAS, TX 156,182156.2k $3.8m $3.8m 0.02% Reduced -2.9k -2,897
80 AMALGAMATED BANK 0.03% of their portfolio NEW YORK, NY 155,476155.5k $3.8m $3.8m 0.03% Added +3.9k +3,913
81 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 150,088150.1k $3.7m $3.7m 0.01% Reduced -4.6k -4,609
82 Amundi 0.00% of their portfolio Paris, I0 138,280138.3k $3.1m $3.1m 0.00% Reduced -14.8k -14,803
83 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 135,685135.7k $3.3m $3.3m 0.00% Reduced -405.8k -405,823
84 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 131,813131.8k $3.2m $3.2m 0.03% Reduced -4.8k -4,849
85 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 125,089125.1k $3.1m $3.1m 0.01% Unchanged
86 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 121,988122.0k $3.0m $3.0m 0.02% Reduced -3.2k -3,189
87 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 118,907118.9k $2.9m $2.9m 0.00% Added +7.6k +7,602
88 COOPER INVESTORS PTY LTD 0.16% of their portfolio MELBOURNE, VICTORIA, C3 112,200112.2k $2.7m $2.7m 0.16% Added +13.0k +13,000
89 Treasurer of the State of North Carolina 0.01% of their portfolio RALEIGH, NC 109,329109.3k $2.7m $2.7m 0.01% Added +750 +750
90 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 108,600108.6k $2.7m $2.7m 0.01% Reduced -12.0k -12,000
91 Brevan Howard Capital Management LP 0.23% of their portfolio ST. HELIER, Y9 105,016105.0k $2.6m $2.6m 0.23% New
92 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 105,000105.0k $2.6m $2.6m 0.00% Added +20.0k +20,000
93 YOUSIF CAPITAL MANAGEMENT, LLC 0.03% of their portfolio BLOOMFIELD HILLS, MI 104,385104.4k $2.6m $2.6m 0.03% Added +1.5k +1,462
94 Eisler Capital (US) LLC 0.87% of their portfolio NEW YORK, NY 104,065104.1k $2.5m $2.5m 0.87% New
95 Columbus Hill Capital Management, L.P. 0.53% of their portfolio Short Hills, NJ 100,000100.0k $2.5m $2.5m 0.53% New
96 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 98,48098.5k $2.4m $2.4m 0.00% Added +31.9k +31,850
97 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 95,01495.0k $2.3m $2.3m 0.03% Reduced -354.6k -354,561
98 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 93,69093.7k $2.3m $2.3m 0.01% Reduced -13.1k -13,095
99 LANARK FINANCIAL, INC. 0.20% of their portfolio BIRMINGHAM, AL 87,58187.6k $2.1m $2.1m 0.20% Added +87.2k +87,247
100 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 86,87386.9k $2.1m $2.1m 0.00% Added +10 +10