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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
AQR Capital Management
76
AQR Capital Management
Connecticut
$3.34M -$2.81M -90,402 -39%
RIM
77
Redwood Investment Management
Arizona
$3.06M +$1.32M +42,391 +52%
UBS Group
78
UBS Group
Switzerland
$2.99M -$1.11M -35,734 -22%
Holocene Advisors
79
Holocene Advisors
New York
$2.96M -$853K -27,490 -18%
Royal Bank of Canada
80
Royal Bank of Canada
Ontario, Canada
$2.81M +$218K +7,038 +6%
New York State Teachers Retirement System (NYSTRS)
81
New York State Teachers Retirement System (NYSTRS)
New York
$2.53M -$21.7K -700 -0.6%
Natixis Advisors
82
Natixis Advisors
Massachusetts
$2.46M -$4.87M -156,917 -60%
NIM
83
Needham Investment Management
New York
$2.46M
CCM
84
Cohen Capital Management
California
$2.44M +$1.54M +49,568 +90%
FCI
85
Financial Counselors Inc
Kansas
$2.25M +$46.1K +1,484 +2%
Prudential Financial
86
Prudential Financial
New Jersey
$2.2M -$148K -4,771 -5%
SEI Investments
87
SEI Investments
Pennsylvania
$2.05M +$277K +8,936 +11%
JF
88
Jump Financial
Illinois
$2M +$2.66M +85,756 New
California State Teachers Retirement System (CalSTRS)
89
California State Teachers Retirement System (CalSTRS)
California
$1.95M -$46.7K -1,504 -2%
State of Wisconsin Investment Board
90
State of Wisconsin Investment Board
Wisconsin
$1.93M +$2.36M +76,009 +1,146%
State Board of Administration of Florida Retirement System
91
State Board of Administration of Florida Retirement System
Florida
$1.92M +$2.56M +82,441 New
Thrivent Financial for Lutherans
92
Thrivent Financial for Lutherans
Minnesota
$1.73M -$87.6K -2,821 -4%
QEI
93
QSV Equity Investors
Illinois
$1.56M +$519K +16,723 +33%
HW
94
Hedeker Wealth
Illinois
$1.45M -$74.8K -2,411 -4%
RJA
95
Raymond James & Associates
Florida
$1.31M -$2.5M -80,448 -59%
GF
96
Gabelli Funds
New York
$1.29M -$9.93K -320 -0.6%
Barclays
97
Barclays
United Kingdom
$1.27M -$340K -10,945 -17%
SOADOR
98
State of Alaska Department of Revenue
Alaska
$1.24M -$49.9K -1,607 -3%
T. Rowe Price Associates
99
T. Rowe Price Associates
Maryland
$1.23M +$59.4K +1,914 +4%
IAM
100
Iridian Asset Management
Connecticut
$1.22M +$5.59K +180 +0.3%

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.