Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
93 hedge funds and large institutions have $362M invested in Foundation Medicine, Inc. in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
81% more capital invested
Capital invested by funds: $200M → $362M (+$162M)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
11% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $16.4M
2% less funds holding
Funds holding: 95 → 93 (-2)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$33.3M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$8.12M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.49M |
| 4 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$3.85M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGI
Discovery Group I
Chicago,
Illinois
|
-$7.28M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.96M |
| 3 |
SM
Senvest Management
New York
|
-$2.34M |
| 4 |
CC
Casdin Capital
New York
|
-$1.65M |
| 5 |
PP
Peconic Partners
New York
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBA
101
Baker Bros. Advisors
New York
| – | -$370K | -20,892 | Closed |
|
102
Citadel Advisors
Miami,
Florida
| – | -$355K | -14,218 | Closed |
|
103
D.E. Shaw & Co
New York
| – | -$217K | -12,258 | Closed |
|
|
GCP
104
GSA Capital Partners
London,
United Kingdom
| – | -$204K | -11,500 | Closed |
|
|
PG
105
PEAK6 Group
Chicago,
Illinois
| – | -$101K | -5,731 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | -$86.1K | -3,452 | Closed |
|
|
CG
107
Cutler Group
San Francisco,
California
| – | -$27.4K | -1,100 | Closed |
|
|
PSC
108
Prentiss Smith & Co
Brattleboro,
Vermont
| – | -$18K | -1,000 | Closed |
|
|
WA
109
Winfield Associates
Cleveland,
Ohio
| – | -$5K | -300 | Closed |
|
FMI Hedge Fund Activity: Q1 2017 in Review
93 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q1 2017, worth a combined $362M — up 81% from $200M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FMI positions and 16 closed out — a net gain of 3 holders — while 26 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock, adding an estimated $33.3M. The largest seller was Discovery Group I, cutting an estimated $7.28M.
- 93 institutional investors held Foundation Medicine, Inc. (FMI) as of Q1 2017, down from 95 in Q4 2016.
- Funds reported $362M of Foundation Medicine, Inc. stock for Q1 2017, up 81% quarter-over-quarter.
- 19 funds opened new Foundation Medicine, Inc. positions in Q1 2017 and 16 closed out, a net change of +3 holders.
- The largest Foundation Medicine, Inc. buyer in Q1 2017 was BlackRock, an estimated $33.3M added.
- The largest Foundation Medicine, Inc. seller in Q1 2017 was Discovery Group I, an estimated $7.28M sold.
Based on aggregated 13F filings for Q1 2017.