Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
97 hedge funds and large institutions have $476M invested in Foundation Medicine, Inc. in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 38 increasing their positions, 22 reducing their positions, and 12 closing their positions.
145% more call options, than puts
Call options by funds: $26.4M | Put options by funds: $10.8M
73% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 22
4% more capital invested
Capital invested by funds: $456M → $476M (+$20.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 103 → 97 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$12.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.35M |
| 3 |
BlackRock
New York
|
+$1.96M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.95M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.57M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$2.3M |
| 3 |
PCC
Park Circle Company
Baltimore,
Maryland
|
-$1.99M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.82M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$1.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Group One Trading
Chicago,
Illinois
| – | -$1.64M | -42,629 | Closed |
|
|
EI
102
EAM Investors
Solana Beach,
California
| – | -$647K | -16,287 | Closed |
|
|
CA
103
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$437K | -11,000 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$328K | -8,507 | Closed |
|
105
Creative Planning
Overland Park,
Kansas
| – | -$202K | -5,075 | Closed |
|
|
FT
106
Fiduciary Trust
Boston,
Massachusetts
| – | -$119K | -3,000 | Closed |
|
|
NFG
107
Next Financial Group
Houston,
Texas
| – | -$56K | -1,400 | Closed |
|
|
CG
108
Cutler Group
San Francisco,
California
| – | -$39.8K | -1,031 | Closed |
|
|
PA
109
Parallel Advisors
San Francisco,
California
| – | -$6K | -166 | Closed |
|
FMI Hedge Fund Activity: Q3 2017 in Review
97 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q3 2017, worth a combined $476M — up 4.4% from $456M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FMI and 6 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 38 added.
The largest buyer was Peregrine Capital Management, opening a new position worth an estimated $12.8M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.57M sold.
- 97 institutional investors held Foundation Medicine, Inc. (FMI) as of Q3 2017, down from 103 in Q2 2017.
- Funds reported $476M of Foundation Medicine, Inc. stock for Q3 2017, up 4.4% quarter-over-quarter.
- 6 funds opened new Foundation Medicine, Inc. positions in Q3 2017 and 12 closed out, a net change of -6 holders.
- The largest Foundation Medicine, Inc. buyer in Q3 2017 was Peregrine Capital Management, an estimated $12.8M added.
- The largest Foundation Medicine, Inc. seller in Q3 2017 was Susquehanna International Group, an estimated $3.57M sold.
Based on aggregated 13F filings for Q3 2017.