Fresenius Medical Care
207 hedge funds and large institutions have $1.05B invested in Fresenius Medical Care in 2025 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 83 increasing their positions, 49 reducing their positions, and 22 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 49
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
43% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $1.19M
20% more capital invested
Capital invested by funds: $874M → $1.05B (+$175M)
3% more funds holding
Funds holding: 201 → 207 (+6)
5.71% less ownership
Funds ownership: 11.96% → 6.26% (-5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.4M |
| 2 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$20.3M |
| 3 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$12.2M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$10.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20.8M |
| 2 |
Pzena Investment Management
New York
|
-$19.2M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$9.3M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$7.88M |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
-$3.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCP
226
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$1.17K | -47 | Closed |
|
|
BC
227
Broadwater Capital
Boston,
Massachusetts
| – | -$125 | -5 | Closed |
|
228
Barclays
London,
United Kingdom
| – | -$25 | -1 | Closed |
|
|
HHGA
229
Halbert Hargrove Global Advisors
Long Beach,
California
| – | -$31 | -1 | Closed |
|
FMS Hedge Fund Activity: Q2 2025 in Review
207 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Fresenius Medical Care (FMS) for Q2 2025, worth a combined $1.05B — up 20% from $874M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FMS positions and 22 closed out — a net gain of 10 holders — while 83 added to existing stakes and 49 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $35.4M. The largest seller was Millennium Management, cutting an estimated $20.8M.
- 207 institutional investors held Fresenius Medical Care (FMS) as of Q2 2025, up from 201 in Q1 2025.
- Funds reported $1.05B of Fresenius Medical Care stock for Q2 2025, up 20% quarter-over-quarter.
- 32 funds opened new Fresenius Medical Care positions in Q2 2025 and 22 closed out, a net change of +10 holders.
- The largest Fresenius Medical Care buyer in Q2 2025 was Morgan Stanley, an estimated $35.4M added.
- The largest Fresenius Medical Care seller in Q2 2025 was Millennium Management, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2025.