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Fortress Biotech

58 hedge funds and large institutions have $27M invested in Fortress Biotech in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 11

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

7% more funds holding

Funds holding: 5458 (+4)

0% more ownership

Funds ownership: 0.8%0.81% (+0%)

6% less capital invested

Capital invested by funds: $28.8M → $27M (-$1.79M)

Holders
58
Holders Change
+4
Holders Change %
+7.41%
% of All Funds
1.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
21
Reduced
11
Closed
8
Calls
$132K
Puts
Net Calls
+$132K
Net Calls Change
+$34K
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$101K +$102K +1,520 New
CS
27
Credit Suisse
Switzerland
$99K +$101K +1,501 New
AIG
28
American International Group
New York
$98K +$7.48K +111 +8%
TSS
29
Two Sigma Securities
New York
$91K +$92.4K +1,371 New
VOYA Investment Management
30
VOYA Investment Management
Georgia
$82K
NFA
31
Nationwide Fund Advisors
Ohio
$79K -$11.6K -172 -13%
New York State Common Retirement Fund
32
New York State Common Retirement Fund
New York
$78K
VF
33
Virtu Financial
New York
$69K +$70.4K +1,044 New
Invesco
34
Invesco
Georgia
$68K +$8.63K +128 +14%
BTS
35
BB&T Securities
Virginia
$68K +$70.1K +1,040 New
BMCM
36
Bryn Mawr Capital Management
Pennsylvania
$65K +$2.36K +35 +4%
Goldman Sachs
37
Goldman Sachs
New York
$54K +$54.6K +810 New
GC
38
Guggenheim Capital
Illinois
$50K +$202 +3 +0.4%
Bank of America
39
Bank of America
North Carolina
$47K +$18.2K +270 +61%
State Board of Administration of Florida Retirement System
40
State Board of Administration of Florida Retirement System
Florida
$44K +$45K +667 New
Manulife (Manufacturers Life Insurance)
41
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$41K +$6.67K +99 +19%
Legal & General Group
42
Legal & General Group
United Kingdom
$33K +$14.6K +217 +77%
CG
43
Cutler Group
California
$22K -$2.29K -34 -9%
DAM
44
Delta Asset Management
Tennessee
$22K
UBS Group
45
UBS Group
Switzerland
$21K +$7.62K +113 +55%
TRCT
46
Tower Research Capital (TRC)
New York
$19K +$19.5K +289 New
BNP Paribas Financial Markets
47
BNP Paribas Financial Markets
France
$15.6K -$876 -13 -5%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$13K +$12.7K +189 +3,150%
AIP
49
Ameritas Investment Partners
Nebraska
$12K
Federated Hermes
50
Federated Hermes
Pennsylvania
$8K

FBIO Hedge Fund Activity: Q3 2017 in Review

58 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fortress Biotech (FBIO) for Q3 2017, worth a combined $27M — down 6.2% from $28.8M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FBIO positions and 8 closed out — a net gain of 4 holders — while 21 added to existing stakes and 11 trimmed.

The largest buyer was Millennium Management, adding an estimated $604K. The largest seller was Avoro Capital Advisors, exiting entirely with an estimated $2.87M sold.

  • 58 institutional investors held Fortress Biotech (FBIO) as of Q3 2017, up from 54 in Q2 2017.
  • Funds reported $27M of Fortress Biotech stock for Q3 2017, down 6.2% quarter-over-quarter.
  • 12 funds opened new Fortress Biotech positions in Q3 2017 and 8 closed out, a net change of +4 holders.
  • The largest Fortress Biotech buyer in Q3 2017 was Millennium Management, an estimated $604K added.
  • The largest Fortress Biotech seller in Q3 2017 was Avoro Capital Advisors, an estimated $2.87M sold.

Based on aggregated 13F filings for Q3 2017.