Vault-13

FRONTIER COMMUNICATIONS PARE FYBR

COM · Common Stock · CUSIP 35909D109 · ISIN US35909D1090

380 institutional holders +11 vs Q4 2024
238,858,386238.9m shares reported held*
$8.6bnreported value*
53 new 161 added 94 reduced 41 sold out net sold ≈ $84.0m (-2.3m 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 ($11.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.85. Options: 8 managers hold calls ($10.1m notional), 13 hold puts ($29.4m).

Trends to Q1 2025

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: 369Q1 25: 380380Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022222
Q4 2022242
Q1 2023249
Q2 2023242
Q3 2023247
Q4 2023274
Q1 2024289
Q2 2024281
Q3 2024326
Q4 2024369
Q1 2025380

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 24Q4 24: 190 bought or addedQ4 24: 139 cut or sold outQ1 25: 214 bought or addedQ1 25: 135 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023132124
Q3 2023117121
Q4 2023141112
Q1 2024132120
Q2 2024128133
Q3 2024170141
Q4 2024190139
Q1 2025214135

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ2 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 1.05Q1 25 calls: $10.1mQ1 25 puts: $29.4mQ1 25P/C 2.91
Numbers
QuarterCallsPutsP/C
Q2 2024$55.2m$98.5m1.78
Q3 2024$251.7m$219.1m0.87
Q4 2024$146.9m$153.9m1.05
Q1 2025$10.1m$29.4m2.91

Biggest buyers

Davidson Kempner Capital Management LP Added +6,854,475+6.9m
Pentwater Capital Management LP New +4,500,000+4.5m
UBS Group AG Added +3,884,972+3.9m
CITADEL ADVISORS LLC Added +2,328,763+2.3m
BlackRock, Inc. Added +1,828,086+1.8m
KRYGER CAPITAL Ltd Added +1,667,046+1.7m
CAPSTONE INVESTMENT ADVISORS, LLC New +1,485,000+1.5m
MILLENNIUM MANAGEMENT LLC Added +1,422,556+1.4m
Qube Research & Technologies Ltd Added +1,397,697+1.4m
READYSTATE ASSET MANAGEMENT LP New +1,396,600+1.4m

Biggest sellers

ARES MANAGEMENT LLC Reduced -20,813,477-20.8m
Cerberus Capital Management, L.P. Sold out -12,678,169-12.7m
DIMENSIONAL FUND ADVISORS LP Reduced -2,406,082-2.4m
CARRONADE CAPITAL MANAGEMENT, LP Sold out -1,484,894-1.5m
Anchorage Capital Advisors, L.P. Reduced -1,429,725-1.4m
Siguler Guff Advisers, LLC Sold out -1,428,729-1.4m
Luxor Capital Group, LP Reduced -1,168,225-1.2m
Capital International Investors Reduced -952,968-953.0k
LMR Partners LLP Reduced -858,665-858.7k
Quinn Opportunity Partners LLC Reduced -765,379-765.4k

Biggest calls

CITADEL ADVISORS LLC Reduced $4.7m132.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m106.3k shares
GROUP ONE TRADING LLC Reduced $466.2k13.0k shares
SIMPLEX TRADING, LLC Reduced $423.0k11.8k shares
Walleye Trading LLC Reduced $225.9k6.3k shares
Walleye Capital LLC Reduced $218.7k6.1k shares
JANE STREET GROUP, LLC Reduced $200.8k5.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Lombard Odier Asset Management (USA) Corp Unchanged $9.5m265.0k shares
CITADEL ADVISORS LLC Reduced $5.4m149.5k shares
NOMURA HOLDINGS INC Reduced $5.3m147.9k shares
Squarepoint Ops LLC Reduced $4.2m116.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.9m53.2k shares
GROUP ONE TRADING LLC Reduced $1.5m41.2k shares
SIMPLEX TRADING, LLC Reduced $638.0k17.8k shares
WOLVERINE ASSET MANAGEMENT LLC Reduced $405.2k11.3k shares
WOLVERINE TRADING, LLC Reduced $290.7k8.1k shares
Walleye Capital LLC Reduced $168.5k4.7k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 24,354,81224.4m $873.4m $873.4m 0.02% Added +77.8k +77,795
2 Glendon Capital Management LP 50.36% of their portfolio Santa Monica, CA 24,215,90924.2m $868.4m $868.4m 50.36% Unchanged
3 BlackRock, Inc. 0.02% of their portfolio New York, NY 22,621,89322.6m $811.2m $811.2m 0.02% Added +1.8m +1,828,086
4 Davidson Kempner Capital Management LP 4.92% of their portfolio New York, NY 9,736,3199.7m $349.1m $349.1m 4.92% Added +6.9m +6,854,475
5 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 7,237,1667.2m $259.5m $259.5m 0.01% Reduced -25.7k -25,654
6 DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio AUSTIN, TX 5,943,2655.9m $213.1m $213.1m 0.05% Reduced -2.4m -2,406,082
7 NORGES BANK 0.03% of their portfolio OSLO, Q8 5,761,4325.8m $206.6m $206.6m 0.03% Added +250.0k +250,000
8 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 4.48% of their portfolio CHICAGO, IL 5,253,2855.3m $188.4m $188.4m 4.48% Added +1.1m +1,117,101
9 HBK INVESTMENTS L P 3.26% of their portfolio DALLAS, TX 5,212,1195.2m $186.9m $186.9m 3.26% Not comparable
10 CITADEL ADVISORS LLC 0.17% of their portfolio MIAMI, FL 4,758,1584.8m $170.6m $170.6m 0.17% Added +2.3m +2,328,763
11 Pentwater Capital Management LP 2.25% of their portfolio Naples, FL 4,500,0004.5m $161.4m $161.4m 2.25% New
12 MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio NEW YORK, NY 4,487,1094.5m $160.9m $160.9m 0.16% Added +1.4m +1,422,556
13 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.29% of their portfolio Boston, MA 4,378,2384.4m $157.0m $157.0m 0.29% Added +1.2m +1,228,524
14 UBS Group AG 0.03% of their portfolio ZURICH, V8 4,230,4414.2m $151.7m $151.7m 0.03% Added +3.9m +3,884,972
15 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 4,213,8804.2m $151.2m $151.2m 0.01% Added +206.7k +206,666
16 TUDOR INVESTMENT CORP ET AL 1.34% of their portfolio STAMFORD, CT 4,206,3624.2m $150.8m $150.8m 1.34% Added +905.1k +905,079
17 Qube Research & Technologies Ltd 0.23% of their portfolio LONDON, X0 4,080,5054.1m $146.3m $146.3m 0.23% Added +1.4m +1,397,697
18 ARES MANAGEMENT LLC 6.89% of their portfolio LOS ANGELES, CA 3,131,6793.1m $112.3m $112.3m 6.89% Reduced -20.8m -20,813,477
19 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,939,1712.9m $105.4m $105.4m 0.01% Added +1.3m +1,269,232
20 Anchorage Capital Group, L.L.C. 35.04% of their portfolio NEW YORK, NY 2,443,7422.4m $87.6m $87.6m 35.04% Unchanged
21 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 2,336,6462.3m $83.8m $83.8m 0.02% Added +1.3m +1,316,597
22 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,320,6272.3m $83.2m $83.2m 0.02% Reduced -2.6k -2,576
23 ARISTEIA CAPITAL, L.L.C. 2.44% of their portfolio GREENWICH, CT 2,198,8222.2m $78.8m $78.8m 2.44% Added +197.0k +197,034
24 Magnetar Financial LLC 1.02% of their portfolio EVANSTON, IL 2,169,9312.2m $77.8m $77.8m 1.02% Added +356.5k +356,488
25 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 2,127,7152.1m $76.3m $76.3m 0.03% Added +567.3k +567,340
26 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 2,118,8142.1m $76.0m $76.0m 0.01% Added +39.9k +39,872
27 KRYGER CAPITAL Ltd 8.36% of their portfolio LONDON, X0 1,988,4202.0m $71.3m $71.3m 8.36% Added +1.7m +1,667,046
28 Balyasny Asset Management L.P. 0.18% of their portfolio Chicago, IL 1,974,7272.0m $70.8m $70.8m 0.18% Added +671.1k +671,071
29 Capital International Investors 0.01% of their portfolio Los Angeles, CA 1,973,7962.0m $70.8m $70.8m 0.01% Reduced -953.0k -952,968
30 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,937,7781.9m $69.5m $69.5m 0.01% Added +360.7k +360,656
31 NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio NEW YORK, NY 1,756,2781.8m $63.0m $63.0m 0.05% Added +802.2k +802,190
32 ALPINE ASSOCIATES MANAGEMENT INC. 3.01% of their portfolio PALM BEACH, FL 1,604,8441.6m $57.5m $57.5m 3.01% Added +562.2k +562,214
33 Taconic Capital Advisors LP 5.06% of their portfolio NEW YORK, NY 1,596,7001.6m $57.3m $57.3m 5.06% Added +406.7k +406,700
34 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,588,5441.6m $57.0m $57.0m 0.01% Reduced -47.3k -47,312
35 CAPSTONE INVESTMENT ADVISORS, LLC 0.49% of their portfolio NEW YORK, NY 1,485,0001.5m $53.3m $53.3m 0.49% New
36 READYSTATE ASSET MANAGEMENT LP 2.51% of their portfolio CHICAGO, IL 1,396,6001.4m $50.1m $50.1m 2.51% New
37 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 1,357,2351.4m $48.7m $48.7m 0.03% Reduced -346.6k -346,575
38 Woodline Partners LP 0.31% of their portfolio San Francisco, CA 1,342,9461.3m $48.2m $48.2m 0.31% Added +442.9k +442,946
39 Absolute Gestao de Investimentos Ltda. 20.20% of their portfolio SAO PAULO, D5 1,283,2791.3m $46.0m $46.0m 20.20% Added +703.2k +703,168
40 Westchester Capital Management, LLC 2.59% of their portfolio VALHALLA, NY 1,246,8041.2m $44.7m $44.7m 2.59% Added +376.0k +375,981
41 Slotnik Capital, LLC 20.69% of their portfolio DALLAS, TX 1,166,0001.2m $41.8m $41.8m 20.69% Added +150.0k +149,965
42 LMR Partners LLP 0.83% of their portfolio LONDON, X0 1,158,1251.2m $41.5m $41.5m 0.83% Reduced -858.7k -858,665
43 FIL Ltd 0.04% of their portfolio HAMILTON, D0 1,126,8591.1m $40.4m $40.4m 0.04% Reduced -291.8k -291,814
44 HIGHBRIDGE CAPITAL MANAGEMENT LLC 1.76% of their portfolio NEW YORK, NY 1,114,5461.1m $40.0m $40.0m 1.76% Added +30.0k +30,000
45 Fort Baker Capital Management LP 8.16% of their portfolio Larkspur, CA 1,067,3521.1m $38.3m $38.3m 8.16% Reduced -144.1k -144,076
46 Verition Fund Management LLC 0.22% of their portfolio GREENWICH, CT 1,047,2411.0m $37.6m $37.6m 0.22% Added +88.1k +88,139
47 Hudson Bay Capital Management LP 0.23% of their portfolio STAMFORD, CT 1,031,6961.0m $37.0m $37.0m 0.23% Added +498.7k +498,697
48 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 949,980950.0k $34.1m $34.1m 0.04% Added +115.7k +115,744
49 SONA ASSET MANAGEMENT (US) LLC 1.26% of their portfolio NEW YORK, NY 927,037927.0k $33.2m $33.2m 1.26% Reduced -547.9k -547,850
50 PICTON MAHONEY ASSET MANAGEMENT 1.14% of their portfolio Toronto, A6 923,100923.1k $33.1m $33.1m 1.14% Added +198.1k +198,100
51 Polar Asset Management Partners Inc. 1.07% of their portfolio TORONTO, A6 900,000900.0k $32.3m $32.3m 1.07% Added +785.0k +785,000
52 COOPER INVESTORS PTY LTD 5.21% of their portfolio MELBOURNE, VICTORIA, C3 893,409893.4k $32.0m $32.0m 5.21% Reduced -12.1k -12,058
53 Quinn Opportunity Partners LLC 2.03% of their portfolio CHARLOTTESVILLE, VA 804,140804.1k $28.8m $28.8m 2.03% Reduced -765.4k -765,379
54 Columbus Hill Capital Management, L.P. 6.04% of their portfolio Short Hills, NJ 798,466798.5k $28.6m $28.6m 6.04% Added +34.6k +34,554
55 Sand Grove Capital Management LLP 23.53% of their portfolio LONDON, X0 792,099792.1k $28.4m $28.4m 23.53% Added +70.0k +70,015
56 Grantham, Mayo, Van Otterloo & Co. LLC 0.09% of their portfolio Boston, MA 761,040761.0k $27.3m $27.3m 0.09% Added +167.1k +167,058
57 Schonfeld Strategic Advisors LLC 0.18% of their portfolio NEW YORK, NY 746,217746.2k $26.8m $26.8m 0.18% Added +714.8k +714,767
58 P SCHOENFELD ASSET MANAGEMENT LP 10.17% of their portfolio NEW YORK, NY 731,200731.2k $26.2m $26.2m 10.17% Added +79.7k +79,700
59 TIG Advisors, LLC 1.71% of their portfolio New York, NY 728,665728.7k $26.1m $26.1m 1.71% New
60 REAVES W H & CO INC 0.65% of their portfolio JERSEY CITY, NJ 708,872708.9k $25.4m $25.4m 0.65% Added +344 +344
61 MARSHALL WACE, LLP 0.03% of their portfolio LONDON, X0 677,331677.3k $24.3m $24.3m 0.03% Added +608.3k +608,312
62 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 666,704666.7k $23.9m $23.9m 0.01% First filing
63 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 664,891664.9k $23.8m $23.8m 0.01% Added +49.8k +49,803
64 Squarepoint Ops LLC 0.06% of their portfolio NEW YORK, NY 652,611652.6k $23.4m $23.4m 0.06% Added +97.0k +96,978
65 GABELLI FUNDS LLC 0.18% of their portfolio Rye, NY 649,783649.8k $23.3m $23.3m 0.18% Added +80.6k +80,553
66 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 637,420637.4k $22.9m $22.9m 0.02% Added +264.9k +264,853
67 RHUMBLINE ADVISERS 0.02% of their portfolio BOSTON, MA 625,166625.2k $22.4m $22.4m 0.02% Reduced -4.5k -4,546
68 AQR Arbitrage LLC 0.54% of their portfolio Greenwich, CT 616,510616.5k $22.1m $22.1m 0.54% Added +115.0k +114,960
69 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 615,798615.8k $22.1m $22.1m 0.00% Reduced -42.6k -42,633
70 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 593,283593.3k $21.3m $21.3m 0.00% Added +234.7k +234,697
71 GABELLI & Co INVESTMENT ADVISERS, INC. 3.19% of their portfolio Rye, NY 588,700588.7k $21.1m $21.1m 3.19% Added +59.6k +59,600
72 CIBRA Capital Ltd 7.31% of their portfolio LONDON, X0 585,037585.0k $21.0m $21.0m 7.31% Added +238.6k +238,600
73 Man Group plc 0.06% of their portfolio LONDON, X0 583,560583.6k $20.9m $20.9m 0.06% Reduced -554.8k -554,811
74 Brevan Howard Capital Management LP 0.58% of their portfolio ST. HELIER, Y9 577,353577.4k $20.7m $20.7m 0.58% Added +170.4k +170,353
75 Cinctive Capital Management LP 1.60% of their portfolio New York, NY 560,000560.0k $20.1m $20.1m 1.60% Reduced -10.0k -10,000
76 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 511,142511.1k $18.3m $18.3m 0.01% Added +1.7k +1,732
77 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 500,000500.0k $17.9m $17.9m 0.05% Unchanged
78 FMR LLC 0.00% of their portfolio BOSTON, MA 468,451468.5k $16.8m $16.8m 0.00% Added +30.6k +30,573
79 TCW GROUP INC 0.15% of their portfolio LOS ANGELES, CA 463,695463.7k $16.6m $16.6m 0.15% Unchanged
80 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 449,515449.5k $16.1m $16.1m 0.01% Reduced -400.9k -400,916
81 Legal & General Group Plc 0.00% of their portfolio London, X0 444,629444.6k $15.9m $15.9m 0.00% Added +21.8k +21,806
82 ExodusPoint Capital Management, LP 0.21% of their portfolio NEW YORK, NY 443,826443.8k $15.9m $15.9m 0.21% Added +121.6k +121,596
83 Amundi 0.01% of their portfolio Paris, I0 433,222433.2k $15.6m $15.6m 0.01% Reduced -312.9k -312,887
84 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.26% of their portfolio BALA CYNWYD, PA 433,176433.2k $15.5m $15.5m 0.26% Added +334.7k +334,689
85 Capula Management Ltd 0.11% of their portfolio Grand Cayman, E9 418,000418.0k $15.0m $15.0m 0.11% Added +374.8k +374,819
86 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 413,686413.7k $14.8m $14.8m 0.01% New
87 Swiss National Bank 0.01% of their portfolio ZURICH, V8 410,100410.1k $14.7m $14.7m 0.01% Added +18.3k +18,300
88 Alberta Investment Management Corp 0.10% of their portfolio EDMONTON, A0 407,800407.8k $14.6m $14.6m 0.10% Reduced -308.7k -308,700
89 One68 Global Capital, LLC 6.63% of their portfolio NEW YORK, NY 376,706376.7k $13.5m $13.5m 6.63% Added +267.0k +267,000
90 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 364,419364.4k $13.1m $13.1m 0.01% Reduced -5.2k -5,188
91 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 350,260350.3k $12.6m $12.6m 0.03% Added +3.1k +3,132
92 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 345,066345.1k $12.4m $12.4m 0.01% Added +119.8k +119,834
93 BARDIN HILL MANAGEMENT PARTNERS LP 5.36% of their portfolio NEW YORK, NY 344,901344.9k $12.4m $12.4m 5.36% New
94 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 321,659321.7k $11.5m $11.5m 0.00% Reduced -622 -622
95 CAXTON ASSOCIATES LLP 0.39% of their portfolio LONDON, X0 313,000313.0k $11.2m $11.2m 0.39% First filing
96 New York Life Investment Management LLC 0.11% of their portfolio New York, NY 295,746295.7k $10.6m $10.6m 0.11% Added +32.1k +32,118
97 Centiva Capital, LP 0.61% of their portfolio New York, NY 294,398294.4k $10.6m $10.6m 0.61% Reduced -219.8k -219,785
98 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.37% of their portfolio Tokyo, M0 286,700286.7k $10.3m $10.3m 0.37% Unchanged
99 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 285,000285.0k $10.2m $10.2m 0.02% Added +60.0k +60,000
100 ANGELO GORDON & CO., L.P. 1.71% of their portfolio NEW YORK, NY 275,000275.0k $9.9m $9.9m 1.71% New