Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
86 hedge funds and large institutions have $376M invested in Foundation Medicine, Inc. in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 25 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 98 → 86 (-12)
25% less capital invested
Capital invested by funds: $503M → $376M (-$127M)
48% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 25
74% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $4.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$28.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.1M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$10.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.84M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$8.38M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.58M |
| 3 |
NM
Nokota Management
New York
|
-$5.62M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$4.72M |
| 5 |
DM
Deerfield Management
New York
|
-$3.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Prelude Capital Management
New York
| – | -$57K | -2,100 | Closed |
|
|
BJ
102
BlackRock Japan
Tokyo,
Japan
| – | -$52K | -1,928 | Closed |
|
|
HCC
103
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| – | -$40K | -1,500 | Closed |
|
|
VFA
104
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$32K | -1,191 | Closed |
|
|
VVP
105
Vulcan Value Partners
Birmingham,
Alabama
| – | -$16K | -600 | Closed |
|
106
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -170 | Closed |
|
|
TDC
107
Thompson Davis & Co
Richmond,
Virginia
| – | -$3K | -125 | Closed |
|
108
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -104 | Closed |
|
109
Walleye Trading
New York
| – | +$596 | +25 | New |
|
FMI Hedge Fund Activity: Q3 2014 in Review
86 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q3 2014, worth a combined $376M — down 25% from $503M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FMI and 13 opened new positions — a net loss of 12 holders — while 18 trimmed existing stakes and 32 added.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $28.2M. The largest seller was Artisan Partners, exiting entirely with an estimated $8.38M sold.
- 86 institutional investors held Foundation Medicine, Inc. (FMI) as of Q3 2014, down from 98 in Q2 2014.
- Funds reported $376M of Foundation Medicine, Inc. stock for Q3 2014, down 25% quarter-over-quarter.
- 13 funds opened new Foundation Medicine, Inc. positions in Q3 2014 and 25 closed out, a net change of -12 holders.
- The largest Foundation Medicine, Inc. buyer in Q3 2014 was Gilder Gagnon Howe & Co, an estimated $28.2M added.
- The largest Foundation Medicine, Inc. seller in Q3 2014 was Artisan Partners, an estimated $8.38M sold.
Based on aggregated 13F filings for Q3 2014.