Fresenius Medical Care
214 hedge funds and large institutions have $894M invested in Fresenius Medical Care in 2025 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 60 increasing their positions, 72 reducing their positions, and 21 closing their positions.
103% more call options, than puts
Call options by funds: $3.61M | Put options by funds: $1.78M
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
4% more funds holding
Funds holding: 206 → 214 (+8)
0.24% more ownership
Funds ownership: 6.15% → 6.39% (+0.24%)
7% less capital invested
Capital invested by funds: $956M → $894M (-$62.6M)
17% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.9M |
| 3 |
AA
ABC Arbitrage
Paris,
France
|
+$5.71M |
| 4 |
IHAM
Integral Health Asset Management
New York
|
+$4.97M |
| 5 |
MWM
Moran Wealth Management
Naples,
Florida
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$12.3M |
| 2 |
Millennium Management
New York
|
-$6.88M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$6.52M |
| 4 |
Pzena Investment Management
New York
|
-$1.59M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.28M |
FMS Hedge Fund Activity: Q4 2025 in Review
214 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Fresenius Medical Care (FMS) for Q4 2025, worth a combined $894M — down 6.5% from $956M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FMS positions and 21 closed out — a net gain of 12 holders — while 60 added to existing stakes and 72 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23.4M. The largest seller was Fiduciary Management Inc, cutting an estimated $12.3M.
- 214 institutional investors held Fresenius Medical Care (FMS) as of Q4 2025, up from 206 in Q3 2025.
- Funds reported $894M of Fresenius Medical Care stock for Q4 2025, down 6.5% quarter-over-quarter.
- 33 funds opened new Fresenius Medical Care positions in Q4 2025 and 21 closed out, a net change of +12 holders.
- The largest Fresenius Medical Care buyer in Q4 2025 was Morgan Stanley, an estimated $23.4M added.
- The largest Fresenius Medical Care seller in Q4 2025 was Fiduciary Management Inc, an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2025.