Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
103 hedge funds and large institutions have $261M invested in Foundation Medicine, Inc. in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
28% more capital invested
Capital invested by funds: $203M → $261M (+$57.8M)
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
12% more funds holding
Funds holding: 92 → 103 (+11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
46% less call options, than puts
Call options by funds: $8.14M | Put options by funds: $15.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$9.99M |
| 2 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$4.28M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.42M |
| 4 |
PP
Peconic Partners
New York
|
+$2.05M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.85M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.29M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3.08M |
| 4 |
SM
Senvest Management
New York
|
-$2M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
101
Jacobi Capital Management
Pittston,
Pennsylvania
| $2K | – | – | – |
|
|
ASN
102
Advisory Services Network
Atlanta,
Georgia
| $1K | +$1.36K | +60 | New |
|
|
TCIM
103
TIAA CREF Investment Management
New York
| $978 | – | – | – |
|
|
ST
104
Spot Trading
Chicago,
Illinois
| – | -$1.35M | -59,593 | Closed |
|
|
HP
105
Harbourvest Partners
Boston,
Massachusetts
| – | -$1.06M | -56,567 | Closed |
|
106
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$1.02M | -54,952 | Closed |
|
|
PCA
107
Private Capital Advisors
Darien,
Connecticut
| – | -$328K | -17,570 | Closed |
|
108
Teacher Retirement System of Texas
Austin,
Texas
| – | -$36K | -1,909 | Closed |
|
109
JP Morgan Chase
New York
| – | -$8K | -412 | Closed |
|
FMI Hedge Fund Activity: Q3 2016 in Review
103 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q3 2016, worth a combined $261M — up 28% from $203M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FMI positions and 7 closed out — a net gain of 12 holders — while 31 added to existing stakes and 25 trimmed.
The largest buyer was EverPoint Asset Management, opening a new position worth an estimated $9.99M. The largest seller was Millennium Management, cutting an estimated $4.85M.
- 103 institutional investors held Foundation Medicine, Inc. (FMI) as of Q3 2016, up from 92 in Q2 2016.
- Funds reported $261M of Foundation Medicine, Inc. stock for Q3 2016, up 28% quarter-over-quarter.
- 19 funds opened new Foundation Medicine, Inc. positions in Q3 2016 and 7 closed out, a net change of +12 holders.
- The largest Foundation Medicine, Inc. buyer in Q3 2016 was EverPoint Asset Management, an estimated $9.99M added.
- The largest Foundation Medicine, Inc. seller in Q3 2016 was Millennium Management, an estimated $4.85M sold.
Based on aggregated 13F filings for Q3 2016.