Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
98 hedge funds and large institutions have $503M invested in Foundation Medicine, Inc. in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 21 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
9% more funds holding
Funds holding: 90 → 98 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less capital invested
Capital invested by funds: $600M → $503M (-$96.6M)
38% less call options, than puts
Call options by funds: $4.67M | Put options by funds: $7.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$18M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
+$11.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$9.58M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRV
Third Rock Ventures
Boston,
Massachusetts
|
-$41.6M |
| 2 |
AI
Alphabet Inc
Mountain View,
California
|
-$33M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$9.1M |
| 4 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$6.93M |
| 5 |
DM
Deerfield Management
New York
|
-$5.22M |
FMI Hedge Fund Activity: Q2 2014 in Review
98 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q2 2014, worth a combined $503M — down 16% from $600M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FMI positions and 21 closed out — a net gain of 8 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $45M. The largest seller was Third Rock Ventures, cutting an estimated $41.6M.
- 98 institutional investors held Foundation Medicine, Inc. (FMI) as of Q2 2014, up from 90 in Q1 2014.
- Funds reported $503M of Foundation Medicine, Inc. stock for Q2 2014, down 16% quarter-over-quarter.
- 29 funds opened new Foundation Medicine, Inc. positions in Q2 2014 and 21 closed out, a net change of +8 holders.
- The largest Foundation Medicine, Inc. buyer in Q2 2014 was Fidelity Investments, an estimated $45M added.
- The largest Foundation Medicine, Inc. seller in Q2 2014 was Third Rock Ventures, an estimated $41.6M sold.
Based on aggregated 13F filings for Q2 2014.