Vault-13

FRONTIER COMMUNICATIONS PARE FYBR

COM · Common Stock · CUSIP 35909D109 · ISIN US35909D1090

369 institutional holders +43 vs Q3 2024
236,352,351236.4m shares reported held*
$8.2bnreported value*
67 new 123 added 93 reduced 46 sold out net sold ≈ $283.8m (-8.2m 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 ($5.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.70. Options: 28 managers hold calls ($146.9m notional), 23 hold puts ($153.9m).

Trends to Q4 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: 326Q4 24: 369369Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022222
Q4 2022242
Q1 2023249
Q2 2023242
Q3 2023247
Q4 2023274
Q1 2024289
Q2 2024281
Q3 2024326
Q4 2024369

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 125 bought or addedQ1 23: 117 cut or sold outQ2 23: 132 bought or addedQ2 23: 124 cut or sold outQ2 23Q3 23: 117 bought or addedQ3 23: 121 cut or sold outQ4 23: 141 bought or addedQ4 23: 112 cut or sold outQ4 23Q1 24: 132 bought or addedQ1 24: 120 cut or sold outQ2 24: 128 bought or addedQ2 24: 133 cut or sold outQ2 24Q3 24: 170 bought or addedQ3 24: 141 cut or sold outQ4 24: 190 bought or addedQ4 24: 139 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023125117
Q2 2023132124
Q3 2023117121
Q4 2023141112
Q1 2024132120
Q2 2024128133
Q3 2024170141
Q4 2024190139

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ1 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 0.87Q4 24 calls: $146.9mQ4 24 puts: $153.9mQ4 24P/C 1.05
Numbers
QuarterCallsPutsP/C
Q1 2024$39.5m$97.6m2.47
Q2 2024$55.2m$98.5m1.78
Q3 2024$251.7m$219.1m0.87
Q4 2024$146.9m$153.9m1.05

Biggest buyers

OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Added +3,536,184+3.5m
NORGES BANK Added +3,341,907+3.3m
TUDOR INVESTMENT CORP ET AL New +3,301,283+3.3m
ADAGE CAPITAL PARTNERS GP, L.L.C. Added +2,599,714+2.6m
CITADEL ADVISORS LLC Added +2,407,923+2.4m
MILLENNIUM MANAGEMENT LLC Added +2,287,915+2.3m
Qube Research & Technologies Ltd Added +2,163,617+2.2m
LMR Partners LLP Added +1,616,790+1.6m
SONA ASSET MANAGEMENT (US) LLC New +1,474,887+1.5m
FIL Ltd New +1,418,673+1.4m

Biggest sellers

ARES MANAGEMENT LLC Reduced -14,967,739-15.0m
CANADA PENSION PLAN INVESTMENT BOARD Reduced -13,576,698-13.6m
Cerberus Capital Management, L.P. Reduced -5,490,251-5.5m
Capital International Investors Reduced -4,981,717-5.0m
JANA Partners Management, LP Sold out -3,910,213-3.9m
MARATHON ASSET MANAGEMENT LP Sold out -3,411,246-3.4m
Anchorage Capital Group, L.L.C. Reduced -2,679,803-2.7m
Slate Path Capital LP Sold out -2,299,679-2.3m
JPMORGAN CHASE & CO Reduced -1,469,736-1.5m
FULLER & THALER ASSET MANAGEMENT, INC. Reduced -1,154,128-1.2m

Biggest calls

Caption Management, LLC Added $35.7m1.0m shares
Melqart Asset Management (UK) Ltd Added $29.4m848.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $19.8m569.4k shares
NOMURA HOLDINGS INC New $17.2m495.1k shares
LMR Partners LLP Unchanged $10.4m300.0k shares
CITADEL ADVISORS LLC Reduced $9.9m284.8k shares
BANK OF MONTREAL /CAN/ Unchanged $5.6m160.6k shares
GROUP ONE TRADING LLC Reduced $2.4m68.4k shares
Verition Fund Management LLC Reduced $2.3m67.3k shares
Polar Asset Management Partners Inc. New $2.2m62.5k shares

Biggest puts

Qube Research & Technologies Ltd New $34.7m1.0m shares
LMR Partners LLP New $12.5m360.2k shares
Caption Management, LLC Reduced $11.8m339.7k shares
JANE STREET GROUP, LLC New $11.4m327.5k shares
P SCHOENFELD ASSET MANAGEMENT LP New $10.7m308.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $10.2m295.0k shares
WOLVERINE ASSET MANAGEMENT LLC Added $9.3m268.5k shares
Lombard Odier Asset Management (USA) Corp Unchanged $9.2m265.0k shares
NOMURA HOLDINGS INC Added $8.9m255.8k shares
CITADEL ADVISORS LLC Reduced $8.7m251.7k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 24,277,01724.3m $842.4m $842.4m 0.01% Added +303.5k +303,545
2 Glendon Capital Management LP 50.71% of their portfolio Santa Monica, CA 24,215,90924.2m $840.3m $840.3m 50.71% Unchanged
3 ARES MANAGEMENT LLC 29.22% of their portfolio LOS ANGELES, CA 23,945,15623.9m $830.9m $830.9m 29.22% Reduced -15.0m -14,967,739
4 BlackRock, Inc. 0.01% of their portfolio New York, NY 20,793,80720.8m $721.5m $721.5m 0.01% Added +1.1m +1,092,823
5 Cerberus Capital Management, L.P. 12.82% of their portfolio NEW YORK, NY 12,678,16912.7m $439.9m $439.9m 12.82% Reduced -5.5m -5,490,251
6 DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio AUSTIN, TX 8,349,3478.3m $289.7m $289.7m 0.07% Reduced -711.6k -711,630
7 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 7,262,8207.3m $252.0m $252.0m 0.01% Added +274.0k +273,959
8 NORGES BANK 0.03% of their portfolio OSLO, Q8 5,511,4325.5m $191.2m $191.2m 0.03% Added +3.3m +3,341,907
9 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 3.58% of their portfolio CHICAGO, IL 4,136,1844.1m $143.5m $143.5m 3.58% Added +3.5m +3,536,184
10 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 4,007,2144.0m $139.1m $139.1m 0.01% Added +7.4k +7,446
11 TUDOR INVESTMENT CORP ET AL 1.22% of their portfolio STAMFORD, CT 3,301,2833.3m $114.6m $114.6m 1.22% New
12 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.19% of their portfolio Boston, MA 3,149,7143.1m $109.3m $109.3m 0.19% Added +2.6m +2,599,714
13 MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 3,064,5533.1m $106.3m $106.3m 0.09% Added +2.3m +2,287,915
14 Capital International Investors 0.02% of their portfolio Los Angeles, CA 2,926,7642.9m $101.6m $101.6m 0.02% Reduced -5.0m -4,981,717
15 Davidson Kempner Capital Management LP 1.76% of their portfolio New York, NY 2,881,8442.9m $100.0m $100.0m 1.76% Not comparable
16 Qube Research & Technologies Ltd 0.15% of their portfolio LONDON, X0 2,682,8082.7m $93.1m $93.1m 0.15% Added +2.2m +2,163,617
17 Anchorage Capital Group, L.L.C. 29.84% of their portfolio NEW YORK, NY 2,443,7422.4m $84.8m $84.8m 29.84% Reduced -2.7m -2,679,803
18 CITADEL ADVISORS LLC 0.08% of their portfolio MIAMI, FL 2,429,3952.4m $84.3m $84.3m 0.08% Added +2.4m +2,407,923
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,323,2032.3m $80.6m $80.6m 0.01% Added +12.3k +12,251
20 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,078,9422.1m $72.1m $72.1m 0.01% Added +413.8k +413,800
21 LMR Partners LLP 1.22% of their portfolio LONDON, X0 2,016,7902.0m $70.0m $70.0m 1.22% Added +1.6m +1,616,790
22 ARISTEIA CAPITAL, L.L.C. 2.53% of their portfolio GREENWICH, CT 2,001,7882.0m $69.5m $69.5m 2.53% Added +1.2m +1,208,699
23 Magnetar Financial LLC 1.45% of their portfolio EVANSTON, IL 1,813,4431.8m $62.9m $62.9m 1.45% Added +496.8k +496,750
24 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,703,8101.7m $59.1m $59.1m 0.03% Reduced -8.6k -8,563
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,669,9391.7m $57.9m $57.9m 0.00% Added +124.8k +124,836
26 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,635,8561.6m $56.8m $56.8m 0.01% Reduced -33.9k -33,917
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,577,1221.6m $54.7m $54.7m 0.00% Reduced -1.5m -1,469,736
28 Quinn Opportunity Partners LLC 3.92% of their portfolio CHARLOTTESVILLE, VA 1,569,5191.6m $54.5m $54.5m 3.92% Added +250.1k +250,050
29 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 1,560,3751.6m $54.1m $54.1m 0.02% Added +1.3m +1,255,180
30 Anchorage Capital Advisors, L.P. 35.57% of their portfolio NEW YORK, NY 1,523,2871.5m $52.9m $52.9m 35.57% Reduced -206.3k -206,268
31 CARRONADE CAPITAL MANAGEMENT, LP 9.02% of their portfolio DARIEN, CT 1,484,8941.5m $51.5m $51.5m 9.02% Added +333.2k +333,173
32 SONA ASSET MANAGEMENT (US) LLC 2.64% of their portfolio NEW YORK, NY 1,474,8871.5m $51.2m $51.2m 2.64% New
33 Siguler Guff Advisers, LLC 24.70% of their portfolio NEW YORK, NY 1,428,7291.4m $49.6m $49.6m 24.70% Unchanged
34 FIL Ltd 0.05% of their portfolio HAMILTON, D0 1,418,6731.4m $49.2m $49.2m 0.05% New
35 Balyasny Asset Management L.P. 0.11% of their portfolio Chicago, IL 1,303,6561.3m $45.2m $45.2m 0.11% Added +520.2k +520,203
36 Luxor Capital Group, LP 5.55% of their portfolio NEW YORK, NY 1,232,7611.2m $42.8m $42.8m 5.55% Reduced -820.1k -820,056
37 Fort Baker Capital Management LP 6.84% of their portfolio Larkspur, CA 1,211,4281.2m $42.0m $42.0m 6.84% New
38 Taconic Capital Advisors LP 3.23% of their portfolio NEW YORK, NY 1,190,0001.2m $41.3m $41.3m 3.23% Added +721.3k +721,307
39 Man Group plc 0.12% of their portfolio LONDON, X0 1,138,3711.1m $39.5m $39.5m 0.12% New
40 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.44% of their portfolio NEW YORK, NY 1,084,5461.1m $37.6m $37.6m 1.44% Added +856.2k +856,218
41 ALPINE ASSOCIATES MANAGEMENT INC. 2.20% of their portfolio PALM BEACH, FL 1,042,6301.0m $36.2m $36.2m 2.20% Added +765.2k +765,250
42 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,020,0491.0m $35.4m $35.4m 0.01% Added +13.0k +13,003
43 Slotnik Capital, LLC 16.07% of their portfolio DALLAS, TX 1,016,0351.0m $35.3m $35.3m 16.07% Added +51.0k +51,035
44 Verition Fund Management LLC 0.17% of their portfolio GREENWICH, CT 959,102959.1k $33.3m $33.3m 0.17% Added +711.3k +711,344
45 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 954,088954.1k $33.1m $33.1m 0.03% Added +930.7k +930,657
46 COOPER INVESTORS PTY LTD 4.95% of their portfolio MELBOURNE, VICTORIA, C3 905,467905.5k $31.4m $31.4m 4.95% Added +105.9k +105,888
47 Woodline Partners LP 0.21% of their portfolio San Francisco, CA 900,000900.0k $31.2m $31.2m 0.21% New
48 Westchester Capital Management, LLC 1.76% of their portfolio VALHALLA, NY 870,823870.8k $30.2m $30.2m 1.76% Added +828.2k +828,247
49 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 850,431850.4k $29.5m $29.5m 0.01% Added +750.5k +750,462
50 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 834,236834.2k $28.9m $28.9m 0.03% Added +726.1k +726,136
51 Columbus Hill Capital Management, L.P. 5.11% of their portfolio Short Hills, NJ 763,912763.9k $26.5m $26.5m 5.11% Added +348.2k +348,168
52 WATER ISLAND CAPITAL LLC 3.17% of their portfolio NEW YORK, NY 760,304760.3k $26.4m $26.4m 3.17% Added +348.0k +348,026
53 Amundi 0.01% of their portfolio Paris, I0 746,109746.1k $26.3m $26.3m 0.01% Added +695.1k +695,109
54 PICTON MAHONEY ASSET MANAGEMENT 0.95% of their portfolio Toronto, A6 725,000725.0k $25.2m $25.2m 0.95% New
55 Sand Grove Capital Management LLP 12.16% of their portfolio LONDON, X0 722,084722.1k $25.1m $25.1m 12.16% Added +201.7k +201,678
56 Alberta Investment Management Corp 0.17% of their portfolio EDMONTON, A0 716,500716.5k $24.9m $24.9m 0.17% New
57 REAVES W H & CO INC 0.65% of their portfolio JERSEY CITY, NJ 708,528708.5k $24.6m $24.6m 0.65% Reduced -74.8k -74,844
58 Solus Alternative Asset Management LP 7.66% of their portfolio Summit, NJ 693,498693.5k $24.1m $24.1m 7.66% Reduced -900.0k -900,000
59 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 661,553661.6k $23.0m $23.0m 0.01% Reduced -74.6k -74,624
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 658,431658.4k $22.8m $22.8m 0.00% Reduced -74.4k -74,413
61 P SCHOENFELD ASSET MANAGEMENT LP 9.29% of their portfolio NEW YORK, NY 651,500651.5k $22.6m $22.6m 9.29% New
62 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 629,712629.7k $21.9m $21.9m 0.02% Added +6.3k +6,328
63 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 615,088615.1k $21.3m $21.3m 0.00% Added +49.8k +49,778
64 Grantham, Mayo, Van Otterloo & Co. LLC 0.07% of their portfolio Boston, MA 593,982594.0k $20.6m $20.6m 0.07% New
65 ANTIPODES PARTNERS Ltd 0.71% of their portfolio ROYAL EXCHANGE, C3 585,969586.0k $20.3m $20.3m 0.71% Reduced -628.0k -627,980
66 Absolute Gestao de Investimentos Ltda. 8.56% of their portfolio SAO PAULO, D5 580,111580.1k $20.1m $20.1m 8.56% New
67 Cinctive Capital Management LP 1.07% of their portfolio New York, NY 570,000570.0k $19.8m $19.8m 1.07% New
68 GABELLI FUNDS LLC 0.15% of their portfolio Rye, NY 569,230569.2k $19.8m $19.8m 0.15% Added +435.5k +435,530
69 Squarepoint Ops LLC 0.05% of their portfolio NEW YORK, NY 555,633555.6k $19.3m $19.3m 0.05% New
70 Hudson Bay Capital Management LP 0.11% of their portfolio STAMFORD, CT 532,999533.0k $18.5m $18.5m 0.11% Added +201.0k +201,047
71 GABELLI & Co INVESTMENT ADVISERS, INC. 3.13% of their portfolio Rye, NY 529,100529.1k $18.4m $18.4m 3.13% Added +478.4k +478,450
72 Centiva Capital, LP 0.67% of their portfolio New York, NY 514,183514.2k $17.8m $17.8m 0.67% Added +432.2k +432,185
73 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 509,410509.4k $17.7m $17.7m 0.01% Reduced -4.2k -4,228
74 Meteora Capital, LLC 6.26% of their portfolio Boca Raton, FL 503,000503.0k $17.5m $17.5m 6.26% Added +238.3k +238,300
75 AQR Arbitrage LLC 0.41% of their portfolio Greenwich, CT 501,550501.6k $17.4m $17.4m 0.41% Unchanged
76 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 500,000500.0k $17.4m $17.4m 0.05% Added +444.0k +444,000
77 TCW GROUP INC 0.14% of their portfolio LOS ANGELES, CA 463,695463.7k $16.1m $16.1m 0.14% Reduced -40.0k -40,000
78 FMR LLC 0.00% of their portfolio BOSTON, MA 437,878437.9k $15.2m $15.2m 0.00% Added +90.8k +90,811
79 Legal & General Group Plc 0.00% of their portfolio London, X0 422,823422.8k $14.7m $14.7m 0.00% Added +13.1k +13,148
80 Brevan Howard Capital Management LP 0.35% of their portfolio ST. HELIER, Y9 407,000407.0k $14.1m $14.1m 0.35% New
81 Swiss National Bank 0.01% of their portfolio ZURICH, V8 391,800391.8k $13.6m $13.6m 0.01% Added +27.9k +27,900
82 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 372,567372.6k $12.9m $12.9m 0.01% Added +240.0k +239,954
83 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 369,607369.6k $12.8m $12.8m 0.01% Reduced -58.8k -58,776
84 Weiss Asset Management LP 0.29% of their portfolio BOSTON, MA 368,423368.4k $12.8m $12.8m 0.29% Not comparable
85 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 358,586358.6k $12.4m $12.4m 0.00% Added +100.1k +100,099
86 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 347,128347.1k $12.0m $12.0m 0.03% Added +331.7k +331,703
87 CIBRA Capital Ltd 9.08% of their portfolio LONDON, X0 346,437346.4k $12.0m $12.0m 9.08% First filing
88 UBS Group AG 0.00% of their portfolio ZURICH, V8 345,469345.5k $12.0m $12.0m 0.00% Added +141.6k +141,569
89 BOOTHBAY FUND MANAGEMENT, LLC 0.35% of their portfolio NEW YORK, NY 340,819340.8k $11.8m $11.8m 0.35% Added +199.1k +199,126
90 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 322,281322.3k $11.2m $11.2m 0.00% Added +277.2k +277,222
91 ExodusPoint Capital Management, LP 0.12% of their portfolio NEW YORK, NY 322,230322.2k $11.2m $11.2m 0.12% New
92 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 321,578321.6k $11.2m $11.2m 0.05% Added +298.3k +298,339
93 KRYGER CAPITAL Ltd 2.89% of their portfolio LONDON, X0 321,374321.4k $11.2m $11.2m 2.89% New
94 Silphium Asset Management Ltd 3.79% of their portfolio London, X0 300,000300.0k $10.4m $10.4m 3.79% New
95 MOORE CAPITAL MANAGEMENT, LP 0.19% of their portfolio NEW YORK, NY 287,500287.5k $10.0m $10.0m 0.19% Added +237.3k +237,300
96 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.35% of their portfolio Tokyo, M0 286,700286.7k $9.9m $9.9m 0.35% New
97 WINTON GROUP Ltd 0.64% of their portfolio LONDON, X0 278,034278.0k $9.6m $9.6m 0.64% Reduced -10.0k -9,954
98 Retirement Systems of Alabama 0.03% of their portfolio MONTGOMERY, AL 269,475269.5k $9.4m $9.4m 0.03% Added +757 +757
99 New York Life Investment Management LLC 0.09% of their portfolio New York, NY 263,628263.6k $9.1m $9.1m 0.09% New
100 Corebridge Financial, Inc. 0.05% of their portfolio HOUSTON, TX 250,939250.9k $8.7m $8.7m 0.05% Reduced -10.8k -10,834