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Fortress Biotech

49 hedge funds and large institutions have $18M invested in Fortress Biotech in 2022 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.17% less ownership

Funds ownership: 1.86%1.69% (-0.17%)

23% less funds holding

Funds holding: 6449 (-15)

30% less capital invested

Capital invested by funds: $25.8M → $18M (-$7.82M)

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

67% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 15

Holders
49
Holders Change
-15
Holders Change %
-23.44%
% of All Funds
0.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
8
Reduced
14
Closed
15
Calls
$60K
Puts
Net Calls
+$60K
Net Calls Change
-$27K
Name Holding Trade Value Shares
Change
Change in
Stake
NCM
1
Nantahala Capital Management
Connecticut
$5.22M -$218K -19,666 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.34M -$288 -26 -0%
JFG
3
Jefferies Financial Group
New York
$2.82M +$3.17M +286,667 New
OM
4
Opaleye Management
Massachusetts
$1.34M -$700K -63,266 -32%
BlackRock
5
BlackRock
New York
$923K +$631 +57 +0.1%
OMC
6
Oasis Management Company
Cayman Islands
$645K
PCM
7
Perkins Capital Management
Minnesota
$539K +$22.1K +2,000 +4%
Corient Private Wealth
8
Corient Private Wealth
Florida
$519K +$585K +52,818 New
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$495K
Geode Capital Management
10
Geode Capital Management
Massachusetts
$444K -$1.13K -102 -0.2%
State Street
11
State Street
Massachusetts
$196K -$12.4K -1,120 -5%
Millennium Management
12
Millennium Management
New York
$169K -$43.4K -3,924 -19%
Renaissance Technologies
13
Renaissance Technologies
New York
$159K -$146K -13,153 -45%
BRWA
14
B. Riley Wealth Advisors
Florida
$108K
Goldman Sachs
15
Goldman Sachs
New York
$107K +$255 +23 +0.2%
KAS
16
Kestra Advisory Services
Texas
$102K -$1.4K -126 -1%
Northern Trust
17
Northern Trust
Illinois
$87.6K -$3.82K -345 -4%
1WM
18
1900 Wealth Management
Texas
$85.2K +$22.1K +2,000 +30%
E
19
Ergoteles
New York
$77.7K -$74K -6,685 -46%
Morgan Stanley
20
Morgan Stanley
New York
$70.5K +$11.4K +1,026 +17%
Macquarie Group
21
Macquarie Group
Australia
$66K
Fidelity Investments
22
Fidelity Investments
Massachusetts
$54.9K
Bank of New York Mellon
23
Bank of New York Mellon
New York
$50.9K -$288 -26 -0.5%
TI
24
Telemetry Investments
New York
$47K +$53.1K +4,800 New
Connor, Clark & Lunn Investment Management (CC&L)
25
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$42.2K -$4.66K -421 -9%

FBIO Hedge Fund Activity: Q4 2022 in Review

49 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Fortress Biotech (FBIO) for Q4 2022, worth a combined $18M — down 30% from $25.8M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of FBIO and 5 opened new positions — a net loss of 10 holders — while 14 trimmed existing stakes and 8 added.

The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $3.17M. The largest seller was Tang Capital Management, exiting entirely with an estimated $3.61M sold.

  • 49 institutional investors held Fortress Biotech (FBIO) as of Q4 2022, down from 64 in Q3 2022.
  • Funds reported $18M of Fortress Biotech stock for Q4 2022, down 30% quarter-over-quarter.
  • 5 funds opened new Fortress Biotech positions in Q4 2022 and 15 closed out, a net change of -10 holders.
  • The largest Fortress Biotech buyer in Q4 2022 was Jefferies Financial Group, an estimated $3.17M added.
  • The largest Fortress Biotech seller in Q4 2022 was Tang Capital Management, an estimated $3.61M sold.

Based on aggregated 13F filings for Q4 2022.