AltaRock Partners 13F: Scott Bradford and Mark Massey Value These Stocks

3. Charter Communications, Inc. (NASDAQ:CHTR)

Then there is Charter Communications, Inc. (NASDAQ:CHTR), in which AltaRock disclosed a $138.29 million stake containing 410,537 shares, up by 25,000 shares over the quarter. On the other hand, billionaire Dan Loeb’s Third Point, cut its stake in Charter Communications, Inc. (NASDAQ:CHTR) by 37% to 500,000 shares during the second quarter. AltaRock initiated its stake in Charter Communications, Inc. (NASDAQ:CHTR) during the first quarter of 2015, right before the company announced that it would merge with Time Warner Cable and acquire Bright House Networks. The deals completed in 2016 created the second-largest cable provider with over 25 million customers. In addition, earlier this year it was reported that Sprint Corp (NYSE:S) might be interested in a merger with Charter Communications, Inc. (NASDAQ:CHTR). If the deal goes through, it would create a media and telecom behemoth, although Bloomberg has reported that Charter is not interested.