Will Frontier’s Top Institutional Shareholders Buy More After Enhancements?

So far in 2012, Frontier Communications Corporation’s (NYSE:FTR) shares are up 20.05 percent. Recently, the company and Games on Demand provider Exent launched an enhanced Frontier Games. This is an all-you-can-play $14.99 monthly PC game subscription service for Frontier’s broadband customers.

Don’t Miss: Spotlight: RIM’s Fight for Mobile Market Share.

It includes more than 2,300 of the world’s best PC casual games such as Plants vs. Zombies, Family Feud and Bejeweled™ 3. They do not include advertisements but they have parental controls.

Frontier is offering customers a 14-day trial for an unlimited Frontier Games subscription service.

With its expanded Frontier Games offering, will Frontier Communications largest shareholders increase their holdings? 614 institutional firms indicated owning shares of Frontier Communications Corporation (NYSE:FTR) in Q2 2012. These firms reported owning a total of 605.28 million shares on 06/30/2012. The shares closed at $3.75 on 06/30/2012.

Here are the ten largest positions in Frontier Communications Corporation at the end of June 30th, 2012.

Vanguard Group Inc held 57,615,940 shares on 06/30/2012 worth $220,669,046. This brought the portfolio total to 0.03%.

State Street Corp held 39,543,349 shares on 06/30/2012 worth $151,451,024. This brought the portfolio total to 0.02%.

Adage Capital Partners GP LLC held 35,198,533 shares on 06/30/2012 worth $134,810,379. This brought the portfolio total to 0.52%.

Franklin Resources Inc held 31,522,479 shares on 06/30/2012 worth $120,731,092. This brought the portfolio total to 0.08%.

Blackrock Institutional Trust Company N.A. held 27,615,042 shares on 06/30/2012 worth $105,765,609. This brought the portfolio total to 0.03%.

Bank of New York Mellon Corp held 22,847,020 shares on 06/30/2012 worth $87,504,085. This brought the portfolio total to 0.03%.

FMR LLC held 22,767,543 shares on 06/30/2012 worth $87,199,688. This brought the portfolio total to 0.02%.

Tiger Global Management LLC held 21,284,293 shares on 06/30/2012 worth $81,518,841. This brought the portfolio total to 1.36%.

Fairfax Financial Holdings Ltd/ can held 18,620,000 shares on 06/30/2012 worth $71,314,599. This brought the portfolio total to 3.74%.

Jennison Associates LLC held 17,462,438 shares on 06/30/2012 worth $66,881,136. This brought the portfolio total to 0.09%.

Knowing which stocks have institutional support will help improve your investing skills, and teach you how to ride the waves of strong moves. In fact, “S = Support is Provided By Institutional Investors & Company Insiders” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

More Articles About:   , , , , ,  

More from The Cheat Sheet