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Fortress Biotech

41 hedge funds and large institutions have $28.5M invested in Fortress Biotech in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

315% more call options, than puts

Call options by funds: $282K | Put options by funds: $68K

0% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 14

15% less capital invested

Capital invested by funds: $33.7M → $28.5M (-$5.16M)

16% less funds holding

Funds holding: 4941 (-8)

57% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 14

Holders
41
Holders Change
-8
Holders Change %
-16.33%
% of All Funds
1.1%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
14
Reduced
14
Closed
14
Calls
$282K
Puts
$68K
Net Calls
+$214K
Net Calls Change
-$484K
Name Holding Trade Value Shares
Change
Change in
Stake
EM
1
Elliott Management
New York
$12.5M
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.08M +$83.3K +1,624 +2%
ACA
3
Avoro Capital Advisors
New York
$3.12M +$1.13M +21,969 +55%
BGA
4
Belmont Global Advisors
Texas
$2.63M +$1.22M +23,754 +84%
Deutsche Bank
5
Deutsche Bank
Germany
$584K +$431K +8,405 +263%
RA
6
Royce & Associates
New York
$495K -$298K -5,800 -37%
BIT
7
BlackRock Institutional Trust
California
$471K +$217K +4,232 +83%
California Public Employees Retirement System
8
California Public Employees Retirement System
California
$420K
Goldman Sachs
9
Goldman Sachs
New York
$382K -$201K -3,924 -34%
EGA
10
Eagle Global Advisors
Texas
$377K +$199K +3,870 +107%
OAM
11
Oxford Asset Management
United Kingdom
$335K +$32.4K +631 +10%
BFA
12
BlackRock Fund Advisors
California
$293K -$4.41K -86 -1%
VKH
13
Virtu KCG Holdings
New York
$271K +$26.2K +511 +10%
BCM
14
Bluefin Capital Management
New York
$256K +$260K +5,074 New
HCM
15
Highbridge Capital Management
New York
$231K -$119K -2,314 -34%
Northern Trust
16
Northern Trust
Illinois
$222K -$24.1K -470 -10%
CAM
17
ClariVest Asset Management
California
$211K +$215K +4,180 New
PPA
18
Parametric Portfolio Associates
Washington
$198K -$205 -4 -0.1%
DIA
19
Denver Investment Advisors
Colorado
$166K -$46.1K -899 -21%
SIM
20
Spark Investment Management
New York
$144K -$415K -8,093 -74%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$141K +$15.4K +301 +12%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$136K +$14.6K +285 +12%
AQR Capital Management
23
AQR Capital Management
Connecticut
$113K +$115K +2,244 New
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$110K +$112K +2,173 New
LCM
25
Landscape Capital Management
New Jersey
$102K +$25.8K +503 +33%

FBIO Hedge Fund Activity: Q2 2015 in Review

41 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Fortress Biotech (FBIO) for Q2 2015, worth a combined $28.5M — down 15% from $33.7M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FBIO and 6 opened new positions — a net loss of 8 holders — while 14 trimmed existing stakes and 14 added.

The largest buyer was Belmont Global Advisors, adding an estimated $1.22M. The largest seller was RTW Investments, cutting an estimated $1.67M.

  • 41 institutional investors held Fortress Biotech (FBIO) as of Q2 2015, down from 49 in Q1 2015.
  • Funds reported $28.5M of Fortress Biotech stock for Q2 2015, down 15% quarter-over-quarter.
  • 6 funds opened new Fortress Biotech positions in Q2 2015 and 14 closed out, a net change of -8 holders.
  • The largest Fortress Biotech buyer in Q2 2015 was Belmont Global Advisors, an estimated $1.22M added.
  • The largest Fortress Biotech seller in Q2 2015 was RTW Investments, an estimated $1.67M sold.

Based on aggregated 13F filings for Q2 2015.