Howard Marks acquired 3.98 Million Frontier Communications Parent shares worth $107 Million. That's 1.31% of their equity portfolio (20th largest holding). The investor owns 1.68% of the outstanding Frontier Communications Parent stock. Howard Marks acquired their 3.98 Million shares in Q2 2021. So far they never sold any shares in the company. The stake costed the investor $100 Million, netting the investor a gain of 6.9% so far.