Fresenius Medical Care
208 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
57% more capital inflows, than outflows
Capital inflows: $123M | Capital outflows: $78.2M
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
3% more funds holding
Funds holding: 202 → 208 (+6)
0.27% more ownership
Funds ownership: 5.98% → 6.26% (+0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.4M |
| 2 |
Todd Asset Management
Louisville,
Kentucky
|
+$20.3M |
| 3 |
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$12.2M |
| 4 |
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 |
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$7.88M |
| 5 |
TownSquare Capital
Provo,
Utah
|
-$3.26M |
FMS Hedge Fund Activity: Q2 2025 in Review
208 of the 7,621 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.
- 208 institutional investors held Fresenius Medical Care (FMS) as of Q2 2025, up from 202 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.