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Fortress Biotech

36 hedge funds and large institutions have $18.5M invested in Fortress Biotech in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

321% more call options, than puts

Call options by funds: $846K | Put options by funds: $201K

14% more capital invested

Capital invested by funds: $16.3M → $18.5M (+$2.22M)

8% less funds holding

Funds holding: 3936 (-3)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

Holders
36
Holders Change
-3
Holders Change %
-7.69%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
8
Reduced
13
Closed
10
Calls
$846K
Puts
$201K
Net Calls
+$645K
Net Calls Change
+$377K
Name Holding Trade Value Shares
Change
Change in
Stake
EM
1
Elliott Management
New York
$9.1M
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.84M +$359K +12,202 +19%
Invesco
3
Invesco
Georgia
$1.41M +$1.13M +38,502 New
RA
4
Royce & Associates
New York
$1.14M -$123K -4,173 -12%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$460K +$560 +19 +0.2%
Hudson Bay Capital Management
6
Hudson Bay Capital Management
Connecticut
$423K -$88.4K -3,000 -21%
Goldman Sachs
7
Goldman Sachs
New York
$335K -$257K -8,741 -49%
California Public Employees Retirement System
8
California Public Employees Retirement System
California
$308K
Millennium Management
9
Millennium Management
New York
$276K -$29.6K -1,005 -12%
Bank of America
10
Bank of America
North Carolina
$251K -$1.59K -54 -0.8%
BFA
11
BlackRock Fund Advisors
California
$230K +$34.9K +1,184 +23%
Morgan Stanley
12
Morgan Stanley
New York
$208K -$21.4K -725 -11%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$172K -$31K -1,051 -18%
BIT
14
BlackRock Institutional Trust
California
$162K +$677 +23 +0.5%
Northern Trust
15
Northern Trust
Illinois
$160K +$3.03K +103 +2%
DIA
16
Denver Investment Advisors
Colorado
$157K +$530 +18 +0.4%
PPA
17
Parametric Portfolio Associates
Washington
$144K -$7.01K -238 -6%
AA
18
Ancora Advisors
Ohio
$113K -$196K -6,667 -68%
Citigroup
19
Citigroup
New York
$102K -$19.3K -655 -19%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$89K +$88 +3 +0.1%
SIM
21
Spark Investment Management
New York
$89K +$73.8K +2,507 New
Deutsche Bank
22
Deutsche Bank
Germany
$80K -$78.5K -2,667 -55%
EEG
23
E.E. Geduld
$61K
Barclays
24
Barclays
United Kingdom
$58K -$137K -4,650 -71%
Jane Street
25
Jane Street
New York
$30K +$24.5K +831 New

FBIO Hedge Fund Activity: Q4 2014 in Review

36 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Fortress Biotech (FBIO) for Q4 2014, worth a combined $18.5M — up 14% from $16.3M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FBIO and 7 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 8 added.

The largest buyer was Invesco, opening a new position worth an estimated $1.13M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $394K sold.

  • 36 institutional investors held Fortress Biotech (FBIO) as of Q4 2014, down from 39 in Q3 2014.
  • Funds reported $18.5M of Fortress Biotech stock for Q4 2014, up 14% quarter-over-quarter.
  • 7 funds opened new Fortress Biotech positions in Q4 2014 and 10 closed out, a net change of -3 holders.
  • The largest Fortress Biotech buyer in Q4 2014 was Invesco, an estimated $1.13M added.
  • The largest Fortress Biotech seller in Q4 2014 was Renaissance Technologies, an estimated $394K sold.

Based on aggregated 13F filings for Q4 2014.