Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
103 hedge funds and large institutions have $456M invested in Foundation Medicine, Inc. in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 9 closing their positions.
160% more call options, than puts
Call options by funds: $40.2M | Put options by funds: $15.5M
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
26% more capital invested
Capital invested by funds: $362M → $456M (+$94.2M)
11% more funds holding
Funds holding: 93 → 103 (+10)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$12.6M |
| 2 |
State Street
Boston,
Massachusetts
|
+$10.7M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
+$5.64M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.39M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGI
Discovery Group I
Chicago,
Illinois
|
-$17.4M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$9.29M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.98M |
| 4 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$1.8M |
| 5 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$1.61M |
FMI Hedge Fund Activity: Q2 2017 in Review
103 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q2 2017, worth a combined $456M — up 26% from $362M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FMI positions and 9 closed out — a net gain of 10 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $12.6M. The largest seller was Discovery Group I, cutting an estimated $17.4M.
- 103 institutional investors held Foundation Medicine, Inc. (FMI) as of Q2 2017, up from 93 in Q1 2017.
- Funds reported $456M of Foundation Medicine, Inc. stock for Q2 2017, up 26% quarter-over-quarter.
- 19 funds opened new Foundation Medicine, Inc. positions in Q2 2017 and 9 closed out, a net change of +10 holders.
- The largest Foundation Medicine, Inc. buyer in Q2 2017 was Lord, Abbett & Co, an estimated $12.6M added.
- The largest Foundation Medicine, Inc. seller in Q2 2017 was Discovery Group I, an estimated $17.4M sold.
Based on aggregated 13F filings for Q2 2017.