Investor Exits $3.4 Million Frontier Communications Stake as Verizon Deal's Potential Closure Looms

1 day ago 7

Jonathan Ponciano, The Motley Fool

Sat, November 29, 2025 astatine 11:22 AM CST 4 min read

New York City-based Anchorage Capital Advisors sold 93,562 shares of Frontier Communications Parent successful the 3rd quarter.
The determination marked an exit for Anchorage, which reported holding nary shares of Frontier astatine quarter-end, thereby eliminating a presumption antecedently worthy astir $3.4 million.
The presumption antecedently accounted for 0.5% of money AUM arsenic of the anterior quarter.
These 10 stocks could mint the adjacent question of millionaires ›

New York City-based Anchorage Capital Advisors afloat exited its presumption successful Frontier Communications Parent, Inc. (NASDAQ:FYBR) during the 3rd quarter, a transaction reflecting an estimated $3.4 cardinal change, per an SEC filing connected November 14.

According to an Securities and Exchange Commission (SEC) filing connected November 14, Anchorage Capital Advisors reported selling its full involvement of 93,562 shares successful Frontier Communications Parent (NASDAQ:FYBR). The estimated worth of the transaction is $3.4 cardinal based connected the quarterly mean price.

The fund's remaining apical holdings arsenic of the filing:

NYSE:GBTG: $58.1 cardinal (57.3% of AUM)
NYSE:XIFR: $33.4 cardinal (33% of AUM)
NYSE:AMBP: $9.8 cardinal (9.7% of AUM)

As of Friday's marketplace close, shares of Frontier Communications Parent were priced astatine $37.92, up 9% implicit the past twelvemonth and underperforming the S&P 500's 14% summation successful the aforesaid period.

Metric

Value

Revenue (TTM)	$6 billion
Net Income (TTM)	($381 million)
Market Capitalization	$9.5 billion
Price (as of marketplace adjacent Friday)	$37.92

Frontier Communications Parent, Inc. operates arsenic a starring telecommunications supplier with a important beingness successful the U.S. market. It provides information and Internet, voice, video, and related telecommunications services serving some user and concern segments, and it operates a web infrastructure that supports broadband and dependable services for residential, tiny business, and endeavor customers.

The determination to measurement distant from a banal successful the mediate of a transformational transaction tin beryllium arsenic revealing arsenic a caller stake. Frontier is heavy into its pending acquisition by Verizon, a woody that was announced much than a twelvemonth agone and aims to accelerate fibre rollout and reshape the company’s competitory position. Yet adjacent with grounds operational momentum—including 25% year-over-year user fibre broadband gross maturation and 133,000 quarterly fibre nett adds—the uncertainty surrounding regulatory approval, superior intensity, and integration hazard whitethorn beryllium prompting immoderate managers to de-risk exposure. Nevertheless, CEO Nick Jeffery underscored Frontier’s progress, saying, “The squad perfectly crushed it — erstwhile again delivering our champion 4th ever... We are committed to maintaining this momentum arsenic we articulation forces with Verizon to guarantee much Americans person entree to high-speed fibre internet.”

According to the latest SEC filing, the manager afloat exited its 93,562-share presumption successful Frontier, an estimated $3.4 cardinal simplification based connected quarterly mean pricing. The banal is up 9% implicit the past twelvemonth but inactive trails the broader market. With apical positions present concentrated successful Global Business Travel Group, XIFR, and AMBP, the portfolio tilt continues to favour event-driven and capital-structure-sensitive names.

For semipermanent investors, the takeaway is clear: Frontier’s operational communicative is improving, but the adjacent limb of worth instauration hinges connected the Verizon transaction, execution of the fibre buildout, and the sustainability of currency travel arsenic capex remains elevated.