Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
90 hedge funds and large institutions have $599M invested in Foundation Medicine, Inc. in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 16 closing their positions.
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
35% more capital invested
Capital invested by funds: $443M → $599M (+$156M)
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
6% more funds holding
Funds holding: 85 → 90 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
47% less call options, than puts
Call options by funds: $2.46M | Put options by funds: $4.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.48M |
| 3 |
FAM
Fred Alger Management
New York
|
+$7.39M |
| 4 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
+$7.05M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$9.44M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.5M |
| 3 |
JP Morgan Chase
New York
|
-$4.71M |
| 4 |
Morgan Stanley
New York
|
-$3.65M |
| 5 |
MC
Maplelane Capital
New York
|
-$3.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBA
101
Baker Bros. Advisors
New York
| – | -$476K | -20,000 | Closed |
|
|
SCA
102
SAC Capital Advisors
Stamford,
Connecticut
| – | -$441K | -18,500 | Closed |
|
|
EEG
103
E.E. Geduld
| – | -$238K | -10,000 | Closed |
|
104
D.E. Shaw & Co
New York
| – | -$280K | -8,628 | Closed |
|
|
MP
105
Manifold Partners
San Francisco,
California
| – | -$60K | -2,500 | Closed |
|
106
Creative Planning
Overland Park,
Kansas
| – | -$6K | -270 | Closed |
|
FMI Hedge Fund Activity: Q1 2014 in Review
90 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q1 2014, worth a combined $599M — up 35% from $443M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FMI positions and 16 closed out — a net gain of 6 holders — while 31 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $28.5M. The largest seller was PEAK6 Group, exiting entirely with an estimated $9.44M sold.
- 90 institutional investors held Foundation Medicine, Inc. (FMI) as of Q1 2014, up from 85 in Q4 2013.
- Funds reported $599M of Foundation Medicine, Inc. stock for Q1 2014, up 35% quarter-over-quarter.
- 22 funds opened new Foundation Medicine, Inc. positions in Q1 2014 and 16 closed out, a net change of +6 holders.
- The largest Foundation Medicine, Inc. buyer in Q1 2014 was Fidelity Investments, an estimated $28.5M added.
- The largest Foundation Medicine, Inc. seller in Q1 2014 was PEAK6 Group, an estimated $9.44M sold.
Based on aggregated 13F filings for Q1 2014.