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Fortress Biotech

60 hedge funds and large institutions have $30.6M invested in Fortress Biotech in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

404% more call options, than puts

Call options by funds: $6.18M | Put options by funds: $1.23M

136% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 11

26% less funds holding

Funds holding: 8160 (-21)

59% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 32

81% less capital invested

Capital invested by funds: $158M → $30.6M (-$128M)

Holders
60
Holders Change
-21
Holders Change %
-25.93%
% of All Funds
1.74%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
26
Reduced
11
Closed
32
Calls
$6.18M
Puts
$1.23M
Net Calls
+$4.96M
Net Calls Change
-$9.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Group One Trading
51
Group One Trading
Illinois
$32K +$22K +569 +246%
Tudor Investment Corp
52
Tudor Investment Corp
Connecticut
$30K +$29.1K +753 New
Deutsche Bank
53
Deutsche Bank
Germany
$13K -$136K -3,513 -91%
DAM
54
Delta Asset Management
Tennessee
$13K
NTCOC
55
Northern Trust Company of Connecticut
Connecticut
$13K
HCC
56
Hirtle Callaghan & Co
Pennsylvania
$5K
U
57
UBS
Switzerland
$3K -$4.13K -107 -61%
WA
58
WFG Advisors
Texas
$1K
BNP Paribas Financial Markets
59
BNP Paribas Financial Markets
France
$907 +$888 +23 New
Manulife (Manufacturers Life Insurance)
60
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$19 -$29.8K -773 -61%
Fidelity Investments
61
Fidelity Investments
Massachusetts
-$35.3M -335,045 Closed
CWAM
62
Columbia Wanger Asset Management
Illinois
-$13.5M -128,200 Closed
Jennison Associates
63
Jennison Associates
New York
-$11.5M -109,660 Closed
AllianceBernstein
64
AllianceBernstein
Tennessee
-$9.79M -92,969 Closed
T. Rowe Price Associates
65
T. Rowe Price Associates
Maryland
-$8.3M -78,816 Closed
BCPEM
66
Bain Capital Public Equity Management
Massachusetts
-$5.43M -51,667 Closed
CIP
67
Chartwell Investment Partners
Pennsylvania
-$3.46M -32,921 Closed
SCA
68
SAC Capital Advisors
Connecticut
-$2.83M -26,847 Closed
Allianz Asset Management
69
Allianz Asset Management
Germany
-$1.16M -11,053 Closed
Ameriprise
70
Ameriprise
Minnesota
-$910K -8,639 Closed
ARTA
71
A.R.T. Advisors
New York
-$729K -6,933 Closed
PC
72
PointState Capital
New York
-$617K -5,868 Closed
TD Asset Management
73
TD Asset Management
Ontario, Canada
-$311K -2,953 Closed
TI
74
Turner Investments
Pennsylvania
-$295K -2,805 Closed
EIM
75
Essex Investment Management
Massachusetts
-$276K -2,626 Closed

FBIO Hedge Fund Activity: Q4 2013 in Review

60 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Fortress Biotech (FBIO) for Q4 2013, worth a combined $30.6M — down 81% from $158M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of FBIO and 13 opened new positions — a net loss of 19 holders — while 11 trimmed existing stakes and 26 added.

The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $2.25M. The largest seller was Fidelity Investments, exiting entirely with an estimated $35.3M sold.

  • 60 institutional investors held Fortress Biotech (FBIO) as of Q4 2013, down from 81 in Q3 2013.
  • Funds reported $30.6M of Fortress Biotech stock for Q4 2013, down 81% quarter-over-quarter.
  • 13 funds opened new Fortress Biotech positions in Q4 2013 and 32 closed out, a net change of -19 holders.
  • The largest Fortress Biotech buyer in Q4 2013 was Nantahala Capital Management, an estimated $2.25M added.
  • The largest Fortress Biotech seller in Q4 2013 was Fidelity Investments, an estimated $35.3M sold.

Based on aggregated 13F filings for Q4 2013.