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Fortrea Holdings

352 hedge funds and large institutions have $1.96B invested in Fortrea Holdings in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 75 increasing their positions, 153 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

391% more call options, than puts

Call options by funds: $10.8M | Put options by funds: $2.19M

4.52% less ownership

Funds ownership: 114.1%109.58% (-4.5%)

9% less funds holding

Funds holding: 388352 (-36)

18% less capital invested

Capital invested by funds: $2.38B → $1.96B (-$417M)

47% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 73

51% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 153

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
352
Holders Change
-36
Holders Change %
-9.28%
% of All Funds
5.05%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
39
Increased
75
Reduced
153
Closed
73
Calls
$10.8M
Puts
$2.19M
Net Calls
+$8.56M
Net Calls Change
+$6.59M
Name Holding Trade Value Shares
Change
Change in
Stake
BFM
76
Boothbay Fund Management
New York
$1.55M -$8.91M -379,323 -83%
Thrivent Financial for Lutherans
77
Thrivent Financial for Lutherans
Minnesota
$1.41M -$90.5K -3,853 -5%
QEI
78
QSV Equity Investors
Illinois
$1.33M
T. Rowe Price Associates
79
T. Rowe Price Associates
Maryland
$1.11M +$68.7K +2,925 +6%
RJA
80
Raymond James & Associates
Florida
$1.09M -$43.2K -1,840 -3%
AllianceBernstein
81
AllianceBernstein
Tennessee
$1.08M -$73.4M -3,122,985 -98%
GF
82
Gabelli Funds
New York
$1.06M -$57.6K -2,450 -4%
IAM
83
Iridian Asset Management
Connecticut
$1.06M +$13.3K +565 +1%
IMRF
84
Illinois Municipal Retirement Fund
Illinois
$1.04M +$56.1K +2,387 +5%
GEM
85
Global Endowment Management
North Carolina
$1.04M +$298K +12,672 +32%
AC
86
AXQ Capital
New Jersey
$1.04M +$645K +27,458 +113%
SOADOR
87
State of Alaska Department of Revenue
Alaska
$1.03M -$31.9K -1,358 -3%
NIM
88
Needham Investment Management
New York
$1.03M -$1.26M -53,700 -51%
PCP
89
Pacific Capital Partners
$1M
MA
90
MYDA Advisors
New York
$1M +$1.17M +50,000 New
Wells Fargo
91
Wells Fargo
California
$947K -$2.63M -111,952 -70%
BIP
92
Brandes Investment Partners
California
$892K -$56.2M -2,393,565 -98%
LSERS
93
Louisiana State Employees Retirement System
Louisiana
$866K -$39.9K -1,700 -4%
AI
94
Atom Investors
Texas
$850K +$83K +3,531 +9%
Jane Street
95
Jane Street
New York
$848K -$54.7K -2,329 -5%
MW
96
MBL Wealth
North Carolina
$845K -$188 -8 -0%
Janus Henderson Group
97
Janus Henderson Group
United Kingdom
$825K +$18.6K +792 +2%
Capital Fund Management (CFM)
98
Capital Fund Management (CFM)
France
$805K +$946K +40,249 New
Treasurer of the State of North Carolina
99
Treasurer of the State of North Carolina
North Carolina
$782K +$3.76K +160 +0.4%
SEI Investments
100
SEI Investments
Pennsylvania
$777K -$1.15M -48,948 -56%

FTRE Hedge Fund Activity: Q3 2024 in Review

352 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Fortrea Holdings (FTRE) for Q3 2024, worth a combined $1.96B — down 18% from $2.38B a quarter earlier.

Sellers outnumbered buyers: 73 funds closed out of FTRE and 39 opened new positions — a net loss of 34 holders — while 153 trimmed existing stakes and 75 added.

The largest buyer was Pacer Advisors, adding an estimated $144M. The largest seller was AllianceBernstein, cutting an estimated $73.4M.

  • 352 institutional investors held Fortrea Holdings (FTRE) as of Q3 2024, down from 388 in Q2 2024.
  • Funds reported $1.96B of Fortrea Holdings stock for Q3 2024, down 18% quarter-over-quarter.
  • 39 funds opened new Fortrea Holdings positions in Q3 2024 and 73 closed out, a net change of -34 holders.
  • The largest Fortrea Holdings buyer in Q3 2024 was Pacer Advisors, an estimated $144M added.
  • The largest Fortrea Holdings seller in Q3 2024 was AllianceBernstein, an estimated $73.4M sold.

Based on aggregated 13F filings for Q3 2024.