Vault-13

FRONTIER COMMUNICATIONS PARE FYBR

COM · Common Stock · CUSIP 35909D109 · ISIN US35909D1090

326 institutional holders +45 vs Q2 2024
240,487,828240.5m shares reported held*
$8.5bnreported value*
82 new 88 added 103 reduced 38 sold out net sold ≈ $1.2bn (-32.7m 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 ($630.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.52. Options: 29 managers hold calls ($251.7m notional), 27 hold puts ($219.1m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 222Q4 22: 242Q1 23: 249Q2 23: 242Q3 23: 247Q4 23: 274Q1 24: 289Q2 24: 281Q3 24: 326326Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022222
Q4 2022242
Q1 2023249
Q2 2023242
Q3 2023247
Q4 2023274
Q1 2024289
Q2 2024281
Q3 2024326

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 outQ1 23: 125 bought or addedQ1 23: 117 cut or sold outQ1 23Q2 23: 132 bought or addedQ2 23: 124 cut or sold outQ3 23: 117 bought or addedQ3 23: 121 cut or sold outQ3 23Q4 23: 141 bought or addedQ4 23: 112 cut or sold outQ1 24: 132 bought or addedQ1 24: 120 cut or sold outQ1 24Q2 24: 128 bought or addedQ2 24: 133 cut or sold outQ3 24: 170 bought or addedQ3 24: 141 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 202213787
Q1 2023125117
Q2 2023132124
Q3 2023117121
Q4 2023141112
Q1 2024132120
Q2 2024128133
Q3 2024170141

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ4 23 calls: $121.7mQ4 23 puts: $204.8mQ4 23P/C 1.68Q1 24 calls: $39.5mQ1 24 puts: $97.6mQ1 24P/C 2.47Q2 24 calls: $55.2mQ2 24 puts: $98.5mQ2 24P/C 1.78Q3 24 calls: $251.7mQ3 24 puts: $219.1mQ3 24P/C 0.87
Numbers
QuarterCallsPutsP/C
Q4 2023$121.7m$204.8m1.68
Q1 2024$39.5m$97.6m2.47
Q2 2024$55.2m$98.5m1.78
Q3 2024$251.7m$219.1m0.87

Biggest buyers

Quinn Opportunity Partners LLC New +1,319,469+1.3m
Magnetar Financial LLC New +1,316,693+1.3m
CARRONADE CAPITAL MANAGEMENT, LP New +1,151,721+1.2m
VOLORIDGE INVESTMENT MANAGEMENT, LLC New +1,039,969+1.0m
DIMENSIONAL FUND ADVISORS LP Added +972,228+972.2k
Slotnik Capital, LLC New +965,000+965.0k
Balyasny Asset Management L.P. New +783,453+783.5k
COOPER INVESTORS PTY LTD Added +687,379+687.4k
MILLENNIUM MANAGEMENT LLC Added +614,968+615.0k
ADAGE CAPITAL PARTNERS GP, L.L.C. New +550,000+550.0k

Biggest sellers

Capital International Investors Reduced -10,978,991-11.0m
Cerberus Capital Management, L.P. Reduced -6,016,139-6.0m
JANA Partners Management, LP Reduced -5,667,520-5.7m
T. Rowe Price Investment Management, Inc. Sold out -4,299,507-4.3m
MAGNOLIA GROUP, LLC Reduced -3,598,134-3.6m
Silver Point Capital L.P. Sold out -2,645,071-2.6m
APG Asset Management N.V. Reduced -2,137,991-2.1m
Taconic Capital Advisors LP Reduced -2,005,194-2.0m
Wildcat Capital Management, LLC Sold out -1,412,617-1.4m
ANTIPODES PARTNERS Ltd Reduced -976,896-976.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $39.4m1.1m shares
Melqart Asset Management (UK) Ltd New $29.3m825.0k shares
Balyasny Asset Management L.P. New $29.1m818.3k shares
Caption Management, LLC Added $28.6m804.9k shares
Walleye Capital LLC Added $19.5m549.2k shares
GROUP ONE TRADING LLC Added $16.0m451.2k shares
Verition Fund Management LLC New $15.0m422.1k shares
CITADEL ADVISORS LLC Added $14.8m415.5k shares
LMR Partners LLP New $10.7m300.0k shares
MILLENNIUM MANAGEMENT LLC Added $9.3m262.2k shares

Biggest puts

Caption Management, LLC Added $46.4m1.3m shares
GOLDMAN SACHS GROUP INC Added $32.4m910.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $25.8m725.1k shares
CARRONADE CAPITAL MANAGEMENT, LP Unchanged $24.9m700.0k shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND New $17.8m500.0k shares
CITADEL ADVISORS LLC Added $10.1m283.2k shares
Lombard Odier Asset Management (USA) Corp Unchanged $9.4m265.0k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $9.4m264.5k shares
NOMURA HOLDINGS INC Added $6.4m180.8k shares
TORNO CAPITAL, LLC Not comparable $5.7m160.0k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARES MANAGEMENT LLC 38.34% of their portfolio LOS ANGELES, CA 38,912,89538.9m $1.4bn $1.4bn 38.34% Unchanged
2 Glendon Capital Management LP 52.64% of their portfolio Santa Monica, CA 24,215,90924.2m $860.4m $860.4m 52.64% Unchanged
3 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 23,973,47224.0m $851.8m $851.8m 0.02% Reduced -78.4k -78,373
4 BlackRock, Inc. 0.01% of their portfolio New York, NY 19,700,98419.7m $700.0m $700.0m 0.01% First filing
5 Cerberus Capital Management, L.P. 18.65% of their portfolio NEW YORK, NY 18,168,42018.2m $645.5m $645.5m 18.65% Reduced -6.0m -6,016,139
6 CANADA PENSION PLAN INVESTMENT BOARD 0.46% of their portfolio TORONTO ONTARIO, A6 13,654,79813.7m $485.2m $485.2m 0.46% Added +134.5k +134,524
7 DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio AUSTIN, TX 9,060,9779.1m $321.9m $321.9m 0.08% Added +972.2k +972,228
8 Capital International Investors 0.05% of their portfolio Los Angeles, CA 7,908,4817.9m $281.0m $281.0m 0.05% Reduced -11.0m -10,978,991
9 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 6,988,8617.0m $248.3m $248.3m 0.01% Reduced -1.9k -1,907
10 Anchorage Capital Group, L.L.C. 47.66% of their portfolio NEW YORK, NY 5,123,5455.1m $182.0m $182.0m 47.66% Unchanged
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 3,999,7684.0m $142.1m $142.1m 0.01% Reduced -9.9k -9,931
12 JANA Partners Management, LP 7.82% of their portfolio NEW YORK, NY 3,910,2133.9m $138.9m $138.9m 7.82% Reduced -5.7m -5,667,520
13 MARATHON ASSET MANAGEMENT LP 60.95% of their portfolio NEW YORK, NY 3,411,2463.4m $121.2m $121.2m 60.95% Reduced -250.0k -250,000
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,046,8583.0m $108.3m $108.3m 0.00% Added +21.2k +21,208
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,310,9522.3m $82.1m $82.1m 0.02% Added +109.6k +109,648
16 Slate Path Capital LP 1.37% of their portfolio New York, NY 2,299,6792.3m $81.7m $81.7m 1.37% Unchanged
17 NORGES BANK 0.01% of their portfolio OSLO, Q8 2,169,5252.2m $77.1m $77.1m 0.01% Added +214.0k +214,016
18 Luxor Capital Group, LP 9.77% of their portfolio NEW YORK, NY 2,052,8172.1m $72.9m $72.9m 9.77% Reduced -743.5k -743,515
19 Anchorage Capital Advisors, L.P. 28.89% of their portfolio NEW YORK, NY 1,729,5551.7m $61.5m $61.5m 28.89% Added +362.9k +362,888
20 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 1,712,3731.7m $60.8m $60.8m 0.04% Reduced -293.6k -293,564
21 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,669,7731.7m $59.3m $59.3m 0.01% Reduced -204.5k -204,472
22 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,665,1421.7m $59.2m $59.2m 0.01% Reduced -51.0k -50,968
23 Solus Alternative Asset Management LP 16.10% of their portfolio Summit, NJ 1,593,4981.6m $56.6m $56.6m 16.10% Reduced -350.0k -350,000
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,545,1031.5m $54.9m $54.9m 0.00% Reduced -92.9k -92,852
25 Siguler Guff Advisers, LLC 18.88% of their portfolio NEW YORK, NY 1,428,7291.4m $50.8m $50.8m 18.88% Unchanged
26 Quinn Opportunity Partners LLC 4.67% of their portfolio CHARLOTTESVILLE, VA 1,319,4691.3m $46.9m $46.9m 4.67% New
27 Magnetar Financial LLC 1.01% of their portfolio EVANSTON, IL 1,316,6931.3m $46.8m $46.8m 1.01% New
28 ANTIPODES PARTNERS Ltd 1.50% of their portfolio ROYAL EXCHANGE, C3 1,213,9491.2m $43.1m $43.1m 1.50% Reduced -976.9k -976,896
29 FULLER & THALER ASSET MANAGEMENT, INC. 0.16% of their portfolio SAN MATEO, CA 1,159,0521.2m $41.2m $41.2m 0.16% Reduced -675.3k -675,330
30 CARRONADE CAPITAL MANAGEMENT, LP 10.98% of their portfolio DARIEN, CT 1,151,7211.2m $40.9m $40.9m 10.98% New
31 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio JUPITER, FL 1,039,9691.0m $37.0m $37.0m 0.13% New
32 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,007,0461.0m $35.8m $35.8m 0.01% Added +485.4k +485,354
33 Slotnik Capital, LLC 12.06% of their portfolio DALLAS, TX 965,000965.0k $34.3m $34.3m 12.06% New
34 MAGNOLIA GROUP, LLC 4.81% of their portfolio OMAHA, NE 800,797800.8k $28.5m $28.5m 4.81% Reduced -3.6m -3,598,134
35 COOPER INVESTORS PTY LTD 4.22% of their portfolio MELBOURNE, VICTORIA, C3 799,579799.6k $28.4m $28.4m 4.22% Added +687.4k +687,379
36 ARISTEIA CAPITAL, L.L.C. 1.00% of their portfolio GREENWICH, CT 793,089793.1k $28.2m $28.2m 1.00% Reduced -466.9k -466,935
37 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 783,453783.5k $27.8m $27.8m 0.07% New
38 REAVES W H & CO INC 0.76% of their portfolio JERSEY CITY, NJ 783,372783.4k $27.8m $27.8m 0.76% Reduced -106.6k -106,584
39 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 776,638776.6k $27.6m $27.6m 0.02% Added +615.0k +614,968
40 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 736,177736.2k $26.2m $26.2m 0.01% Added +49.9k +49,855
41 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 732,844732.8k $26.0m $26.0m 0.01% Reduced -835.7k -835,688
42 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 623,384623.4k $22.1m $22.1m 0.02% Reduced -12.8k -12,762
43 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.53% of their portfolio CHICAGO, IL 600,000600.0k $21.3m $21.3m 0.53% Not comparable
44 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 565,310565.3k $20.1m $20.1m 0.01% Added +6.8k +6,800
45 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 550,000550.0k $19.5m $19.5m 0.03% New
46 Sand Grove Capital Management LLP 7.45% of their portfolio LONDON, X0 520,406520.4k $18.5m $18.5m 7.45% New
47 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 519,191519.2k $18.4m $18.4m 0.03% New
48 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 513,638513.6k $18.2m $18.2m 0.01% Reduced -232.9k -232,906
49 Capula Management Ltd 0.23% of their portfolio Grand Cayman, E9 509,700509.7k $18.1m $18.1m 0.23% Not comparable
50 TCW GROUP INC 0.16% of their portfolio LOS ANGELES, CA 503,695503.7k $17.9m $17.9m 0.16% Reduced -144.0k -144,005
51 AQR Arbitrage LLC 0.41% of their portfolio Greenwich, CT 501,550501.6k $17.8m $17.8m 0.41% New
52 Taconic Capital Advisors LP 1.48% of their portfolio NEW YORK, NY 468,693468.7k $16.7m $16.7m 1.48% Reduced -2.0m -2,005,194
53 Caption Management, LLC 1.73% of their portfolio OKLAHOMA CITY, OK 454,314454.3k $16.1m $16.1m 1.73% New
54 PEAK6 Investments LLC 0.77% of their portfolio CHICAGO, IL 433,105433.1k $15.4m $15.4m 0.77% Added +242.1k +242,066
55 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 428,383428.4k $15.2m $15.2m 0.01% Reduced -2.8k -2,806
56 Columbus Hill Capital Management, L.P. 3.02% of their portfolio Short Hills, NJ 415,744415.7k $14.8m $14.8m 3.02% Reduced -30.0k -30,000
57 WATER ISLAND CAPITAL LLC 1.51% of their portfolio NEW YORK, NY 412,278412.3k $14.6m $14.6m 1.51% New
58 Legal & General Group Plc 0.00% of their portfolio London, X0 409,675409.7k $14.6m $14.6m 0.00% Added +71 +71
59 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 400,000400.0k $14.2m $14.2m 0.00% Reduced -200.0k -200,000
60 LMR Partners LLP 0.31% of their portfolio LONDON, X0 400,000400.0k $14.2m $14.2m 0.31% New
61 13D Management LLC 10.27% of their portfolio New York, NY 394,091394.1k $14.0m $14.0m 10.27% Reduced -4.1k -4,059
62 Swiss National Bank 0.01% of their portfolio ZURICH, V8 363,900363.9k $12.9m $12.9m 0.01% Reduced -2.8k -2,800
63 FMR LLC 0.00% of their portfolio BOSTON, MA 347,067347.1k $12.3m $12.3m 0.00% Reduced -748.3k -748,295
64 Hudson Bay Capital Management LP 0.08% of their portfolio STAMFORD, CT 331,952332.0k $11.8m $11.8m 0.08% New
65 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 305,195305.2k $10.8m $10.8m 0.00% Reduced -10.7k -10,724
66 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 294,331294.3k $10.5m $10.5m 0.00% Added +67.5k +67,536
67 WINTON GROUP Ltd 0.72% of their portfolio LONDON, X0 287,988288.0k $10.2m $10.2m 0.72% Added +246.3k +246,346
68 ALPINE ASSOCIATES MANAGEMENT INC. 0.45% of their portfolio PALM BEACH, FL 277,380277.4k $9.9m $9.9m 0.45% New
69 Twin Tree Management, LP 0.22% of their portfolio DALLAS, TX 269,254269.3k $9.6m $9.6m 0.22% New
70 Retirement Systems of Alabama 0.04% of their portfolio MONTGOMERY, AL 268,718268.7k $9.5m $9.5m 0.04% Reduced -7.4k -7,377
71 Meteora Capital, LLC 2.61% of their portfolio Boca Raton, FL 264,700264.7k $9.4m $9.4m 2.61% New
72 Corebridge Financial, Inc. 0.05% of their portfolio HOUSTON, TX 261,773261.8k $9.3m $9.3m 0.05% Reduced -21.3k -21,343
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 258,487258.5k $9.2m $9.2m 0.00% Reduced -161.5k -161,549
74 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 247,758247.8k $8.8m $8.8m 0.06% Added +237.3k +237,261
75 TIG Advisors, LLC 0.59% of their portfolio New York, NY 246,180246.2k $8.7m $8.7m 0.59% New
76 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 240,483240.5k $8.5m $8.5m 0.00% Reduced -17.6k -17,607
77 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 239,893239.9k $8.5m $8.5m 0.01% Added +123.9k +123,939
78 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.31% of their portfolio NEW YORK, NY 228,328228.3k $8.1m $8.1m 0.31% New
79 CI INVESTMENTS INC. 0.03% of their portfolio TORONTO, Z4 222,542222.5k $7.9m $7.9m 0.03% Reduced -139.4k -139,402
80 UBS Group AG 0.00% of their portfolio ZURICH, V8 203,900203.9k $7.2m $7.2m 0.00% Reduced -95.1k -95,086
81 Thematics Asset Management 0.27% of their portfolio PARIS, I0 190,244190.2k $6.8m $6.8m 0.27% Reduced -52.3k -52,259
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 189,014189.0k $6.7m $6.7m 0.01% Unchanged
83 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 185,952186.0k $6.6m $6.6m 0.01% Reduced -27.0k -26,970
84 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 183,184183.2k $6.5m $6.5m 0.01% Reduced -5.3k -5,261
85 APG Asset Management N.V. 0.04% of their portfolio Amsterdam, P7 183,174183.2k $5.8m $5.8m 0.04% Reduced -2.1m -2,137,991
86 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 182,884182.9k $6.5m $6.5m 0.01% Reduced -8.2k -8,235
87 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 177,767177.8k $6.3m $6.3m 0.01% Added +78.8k +78,761
88 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 153,800153.8k $5.5m $5.5m 0.00% Added +28.9k +28,860
89 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 148,988149.0k $5.3m $5.3m 0.01% Reduced -1.0k -1,000
90 BOOTHBAY FUND MANAGEMENT, LLC 0.15% of their portfolio NEW YORK, NY 141,693141.7k $5.0m $5.0m 0.15% New
91 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 139,349139.3k $5.0m $5.0m 0.01% Reduced -19.9k -19,900
92 GABELLI FUNDS LLC 0.03% of their portfolio Rye, NY 133,700133.7k $4.8m $4.8m 0.03% Added +68.7k +68,700
93 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 132,613132.6k $4.7m $4.7m 0.00% Added +122.3k +122,278
94 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 125,704125.7k $4.5m $4.5m 0.00% Reduced -159.1k -159,139
95 JAT Capital Mgmt LP 0.76% of their portfolio GREENWICH, CT 125,000125.0k $4.4m $4.4m 0.76% New
96 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio New York, NY 119,555119.6k $4.2m $4.2m 0.04% Reduced -8.5k -8,522
97 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 114,758114.8k $4.1m $4.1m 0.02% Reduced -3.4k -3,427
98 AFFINITY WEALTH MANAGEMENT LLC 0.72% of their portfolio WILMINGTON, DE 114,278114.3k $4.1m $4.1m 0.72% New
99 PRELUDE CAPITAL MANAGEMENT, LLC 0.30% of their portfolio NEW YORK, NY 109,836109.8k $3.9m $3.9m 0.30% Added +52.9k +52,942
100 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 108,100108.1k $3.8m $3.8m 0.01% New