Fortrea Holdings
FTRE
388 hedge funds and large institutions have $2.38B invested in Fortrea Holdings in 2024 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 102 increasing their positions, 150 reducing their positions, and 88 closing their positions.
21% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $9.34M
12.08% more ownership
Funds ownership: 102.02% → 114.1% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less funds holding
Funds holding: 429 → 388 (-41)
32% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 150
35% less capital invested
Capital invested by funds: $3.66B → $2.38B (-$1.28B)
41% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$88.1M |
| 2 |
SV
Starboard Value
New York
|
+$83.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.6M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$44.3M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$90.4M |
| 2 |
BlackRock
New York
|
-$41.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$37.8M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$35M |
| 5 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
-$31.8M |
FTRE Hedge Fund Activity: Q2 2024 in Review
388 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fortrea Holdings (FTRE) for Q2 2024, worth a combined $2.38B — down 35% from $3.66B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of FTRE and 52 opened new positions — a net loss of 36 holders — while 150 trimmed existing stakes and 102 added.
The largest buyer was Baupost Group, adding an estimated $88.1M. The largest seller was Boston Partners, cutting an estimated $90.4M.
- 388 institutional investors held Fortrea Holdings (FTRE) as of Q2 2024, down from 429 in Q1 2024.
- Funds reported $2.38B of Fortrea Holdings stock for Q2 2024, down 35% quarter-over-quarter.
- 52 funds opened new Fortrea Holdings positions in Q2 2024 and 88 closed out, a net change of -36 holders.
- The largest Fortrea Holdings buyer in Q2 2024 was Baupost Group, an estimated $88.1M added.
- The largest Fortrea Holdings seller in Q2 2024 was Boston Partners, an estimated $90.4M sold.
Based on aggregated 13F filings for Q2 2024.