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Fortress Biotech

48 hedge funds and large institutions have $13.3M invested in Fortress Biotech in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,500% more call options, than puts

Call options by funds: $32K | Put options by funds: $2K

0.53% less ownership

Funds ownership: 1.73%1.2% (-0.53%)

11% less funds holding

Funds holding: 5448 (-6)

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

43% less capital invested

Capital invested by funds: $23.4M → $13.3M (-$10.1M)

55% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 11

Holders
48
Holders Change
-6
Holders Change %
-11.11%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
11
Reduced
14
Closed
11
Calls
$32K
Puts
$2K
Net Calls
+$30K
Net Calls Change
+$18K
Name Holding Trade Value Shares
Change
Change in
Stake
NCM
1
Nantahala Capital Management
Connecticut
$3.51M -$348K -35,145 -8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.89M +$11.4K +1,157 +0.3%
OM
3
Opaleye Management
Massachusetts
$1.82M -$833K -84,240 -28%
PCM
4
Perkins Capital Management
Minnesota
$780K
BlackRock
5
BlackRock
New York
$675K -$117K -11,877 -13%
SAM
6
Shikiar Asset Management
New York
$640K -$2.97K -300 -0.4%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$590K +$35.1K +3,553 +5%
Corient Private Wealth
8
Corient Private Wealth
Florida
$559K +$66.4K +6,714 +11%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$473K +$106K +10,740 +23%
1WM
10
1900 Wealth Management
Texas
$224K +$183K +18,533 +214%
State Street
11
State Street
Massachusetts
$157K -$8.77K -887 -4%
Renaissance Technologies
12
Renaissance Technologies
New York
$126K -$15.9K -1,605 -10%
BRWA
13
B. Riley Wealth Advisors
Florida
$96.1K -$4.49K -454 -4%
Morgan Stanley
14
Morgan Stanley
New York
$95.7K -$1.8K -182 -2%
Goldman Sachs
15
Goldman Sachs
New York
$89.6K -$2.88K -291 -3%
Northern Trust
16
Northern Trust
Illinois
$82.6K
Macquarie Group
17
Macquarie Group
Australia
$55K
KAS
18
Kestra Advisory Services
Texas
$54.7K -$7.59K -767 -10%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$46.2K +$148 +15 +0.3%
Wells Fargo
20
Wells Fargo
California
$43.4K +$10.3K +1,046 +25%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$42.5K -$237 -24 -0.5%
AWA
22
Arete Wealth Advisors
Illinois
$29K
RJA
23
Raymond James & Associates
Florida
$24.5K
HighTower Advisors
24
HighTower Advisors
Illinois
$24K -$27.2K -2,747 -49%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$17.2K

FBIO Hedge Fund Activity: Q2 2023 in Review

48 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Fortress Biotech (FBIO) for Q2 2023, worth a combined $13.3M — down 43% from $23.4M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FBIO and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 11 added.

The largest buyer was 1900 Wealth Management, adding an estimated $183K. The largest seller was Jefferies Financial Group, exiting entirely with an estimated $2.34M sold.

  • 48 institutional investors held Fortress Biotech (FBIO) as of Q2 2023, down from 54 in Q1 2023.
  • Funds reported $13.3M of Fortress Biotech stock for Q2 2023, down 43% quarter-over-quarter.
  • 5 funds opened new Fortress Biotech positions in Q2 2023 and 11 closed out, a net change of -6 holders.
  • The largest Fortress Biotech buyer in Q2 2023 was 1900 Wealth Management, an estimated $183K added.
  • The largest Fortress Biotech seller in Q2 2023 was Jefferies Financial Group, an estimated $2.34M sold.

Based on aggregated 13F filings for Q2 2023.