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Fortrea Holdings

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.

New
Increased
Maintained
Reduced
Closed

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: 33 (0)

10% less funds holding

Funds holding: 429388 (-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

Holders
388
Holders Change
-41
Holders Change %
-9.56%
% of All Funds
5.6%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
52
Increased
102
Reduced
150
Closed
88
Calls
$11.3M
Puts
$9.34M
Net Calls
+$1.97M
Net Calls Change
-$2.35M
Name Holding Trade Value Shares
Change
Change in
Stake
JPM
26
JANA Partners Management
New York
$16.1M +$21.4M +690,000 New
Invesco
27
Invesco
Georgia
$15.9M +$8.43M +271,593 +66%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$15.8M +$370K +11,907 +2%
PDM
29
Penn Davis McFarland
Texas
$13.7M +$576K +18,545 +3%
Northern Trust
30
Northern Trust
Illinois
$13.1M -$326K -10,493 -2%
Charles Schwab
31
Charles Schwab
California
$13.1M -$182K -5,866 -1%
HI
32
HBK Investments
Texas
$12.1M +$16.1M +518,533 New
Goldman Sachs
33
Goldman Sachs
New York
$11.9M -$619K -19,949 -4%
BFM
34
Boothbay Fund Management
New York
$10.7M +$8.47M +272,769 +148%
MOACM
35
Mutual of America Capital Management
New York
$10.6M +$2.72M +87,493 +24%
Principal Financial Group
36
Principal Financial Group
Iowa
$10.2M -$1.35M -43,531 -9%
KCM
37
Kennedy Capital Management
Missouri
$9.52M +$3.57M +114,887 +39%
First Eagle Investment Management
38
First Eagle Investment Management
New York
$8.81M +$3.37M +108,500 +40%
GKIM
39
GW&K Investment Management
Massachusetts
$8.64M +$835K +26,895 +8%
Norges Bank
40
Norges Bank
Norway
$8.08M -$5.98M -192,588 -36%
Hudson Bay Capital Management
41
Hudson Bay Capital Management
Connecticut
$7.79M +$3.44M +110,735 +50%
PCM
42
Penn Capital Management
Pennsylvania
$7.52M -$2.09M -67,192 -17%
N
43
Nuveen
North Carolina
$7.33M -$20.1K -646 -0.2%
JP Morgan Chase
44
JP Morgan Chase
New York
$7.02M +$1.36M +43,833 +17%
PCM
45
Prelude Capital Management
New York
$6.96M +$5.34M +171,997 +136%
Renaissance Technologies
46
Renaissance Technologies
New York
$6.9M -$4.05M -130,600 -31%
Russell Investments Group
47
Russell Investments Group
United Kingdom
$6.56M +$6.16M +198,585 +241%
Ameriprise
48
Ameriprise
Minnesota
$6.1M -$785K -25,273 -9%
UBS AM
49
UBS AM
Illinois
$5.96M +$2.99M +96,207 +60%
Squarepoint
50
Squarepoint
New York
$5.9M +$6.65M +214,387 +558%

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.