Foundation Medicine, Inc.
FMI
FMI was delisted on the 30th of July, 2018.
95 hedge funds and large institutions have $200M invested in Foundation Medicine, Inc. in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 26 reducing their positions, and 17 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less call options, than puts
Call options by funds: $10.8M | Put options by funds: $11.8M
8% less funds holding
Funds holding: 103 → 95 (-8)
23% less capital invested
Capital invested by funds: $261M → $200M (-$61.1M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
Top Sellers
| 1 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$10.3M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.94M |
| 3 |
SM
Senvest Management
New York
|
-$4.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.49M |
| 5 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$2.39M |
FMI Hedge Fund Activity: Q4 2016 in Review
95 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Foundation Medicine, Inc. (FMI) for Q4 2016, worth a combined $200M — down 23% from $261M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FMI and 11 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 36 added.
The largest buyer was AllianceBernstein, adding an estimated $11.6M. The largest seller was EverPoint Asset Management, exiting entirely with an estimated $10.3M sold.
- 95 institutional investors held Foundation Medicine, Inc. (FMI) as of Q4 2016, down from 103 in Q3 2016.
- Funds reported $200M of Foundation Medicine, Inc. stock for Q4 2016, down 23% quarter-over-quarter.
- 11 funds opened new Foundation Medicine, Inc. positions in Q4 2016 and 17 closed out, a net change of -6 holders.
- The largest Foundation Medicine, Inc. buyer in Q4 2016 was AllianceBernstein, an estimated $11.6M added.
- The largest Foundation Medicine, Inc. seller in Q4 2016 was EverPoint Asset Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2016.