Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
96 hedge funds and large institutions have $397M invested in Foundation Medicine, Inc. in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 43 reducing their positions, and 22 closing their positions.
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 98 → 96 (-2)
44% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 43
62% less capital invested
Capital invested by funds: $1.03B → $397M (-$635M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
82% less call options, than puts
Call options by funds: $3.87M | Put options by funds: $21.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$11.7M |
| 2 |
Millennium Management
New York
|
+$6.54M |
| 3 |
ST
Spot Trading
Chicago,
Illinois
|
+$4.19M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$3.68M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRV
Third Rock Ventures
Boston,
Massachusetts
|
-$237M |
| 2 |
AI
Alphabet Inc
Mountain View,
California
|
-$55.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$42M |
| 5 |
BAMCO Inc
New York
|
-$19M |
FMI Hedge Fund Activity: Q2 2015 in Review
96 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q2 2015, worth a combined $397M — down 62% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FMI and 20 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 24 added.
The largest buyer was State Street, adding an estimated $11.7M. The largest seller was Third Rock Ventures, exiting entirely with an estimated $237M sold.
- 96 institutional investors held Foundation Medicine, Inc. (FMI) as of Q2 2015, down from 98 in Q1 2015.
- Funds reported $397M of Foundation Medicine, Inc. stock for Q2 2015, down 62% quarter-over-quarter.
- 20 funds opened new Foundation Medicine, Inc. positions in Q2 2015 and 22 closed out, a net change of -2 holders.
- The largest Foundation Medicine, Inc. buyer in Q2 2015 was State Street, an estimated $11.7M added.
- The largest Foundation Medicine, Inc. seller in Q2 2015 was Third Rock Ventures, an estimated $237M sold.
Based on aggregated 13F filings for Q2 2015.