Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
96 hedge funds and large institutions have $202M invested in Foundation Medicine, Inc. in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 12 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
3% less funds holding
Funds holding: 99 → 96 (-3)
16% less capital invested
Capital invested by funds: $240M → $202M (-$37.8M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less call options, than puts
Call options by funds: $6.23M | Put options by funds: $10.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$6.26M |
| 2 |
CC
Casdin Capital
New York
|
+$3.54M |
| 3 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$2.88M |
| 4 |
MRM
Michael R. Murphy
|
+$2.13M |
| 5 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.95M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.4M |
| 3 |
SCM
Stonepine Capital Management
Bend,
Oregon
|
-$3.64M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.32M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$2.25M |
FMI Hedge Fund Activity: Q1 2016 in Review
96 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q1 2016, worth a combined $202M — down 16% from $240M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FMI and 9 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 37 added.
The largest buyer was Senvest Management, opening a new position worth an estimated $6.26M. The largest seller was Fidelity Investments, cutting an estimated $8.95M.
- 96 institutional investors held Foundation Medicine, Inc. (FMI) as of Q1 2016, down from 99 in Q4 2015.
- Funds reported $202M of Foundation Medicine, Inc. stock for Q1 2016, down 16% quarter-over-quarter.
- 9 funds opened new Foundation Medicine, Inc. positions in Q1 2016 and 12 closed out, a net change of -3 holders.
- The largest Foundation Medicine, Inc. buyer in Q1 2016 was Senvest Management, an estimated $6.26M added.
- The largest Foundation Medicine, Inc. seller in Q1 2016 was Fidelity Investments, an estimated $8.95M sold.
Based on aggregated 13F filings for Q1 2016.