Fortrea Holdings
FTRE
437 hedge funds and large institutions have $3.22B invested in Fortrea Holdings in 2023 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 87 increasing their positions, 178 reducing their positions, and 60 closing their positions.
221% more call options, than puts
Call options by funds: $8.67M | Put options by funds: $2.7M
45% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 60
26% more capital invested
Capital invested by funds: $2.55B → $3.22B (+$671M)
5% more funds holding
Funds holding: 415 → 437 (+22)
3.55% more ownership
Funds ownership: 100.28% → 103.83% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
51% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$232M |
| 2 |
Morgan Stanley
New York
|
+$60.2M |
| 3 |
SC
Sessa Capital
New York
|
+$33.6M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$19M |
| 5 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$111M |
| 2 |
GCM
Gates Capital Management
New York
|
-$61M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$32.9M |
| 4 |
Citigroup
New York
|
-$26.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.7M |
FTRE Hedge Fund Activity: Q4 2023 in Review
437 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fortrea Holdings (FTRE) for Q4 2023, worth a combined $3.22B — up 26% from $2.55B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new FTRE positions and 60 closed out — a net gain of 27 holders — while 87 added to existing stakes and 178 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $232M. The largest seller was UBS Group, cutting an estimated $111M.
- 437 institutional investors held Fortrea Holdings (FTRE) as of Q4 2023, up from 415 in Q3 2023.
- Funds reported $3.22B of Fortrea Holdings stock for Q4 2023, up 26% quarter-over-quarter.
- 87 funds opened new Fortrea Holdings positions in Q4 2023 and 60 closed out, a net change of +27 holders.
- The largest Fortrea Holdings buyer in Q4 2023 was Starboard Value, an estimated $232M added.
- The largest Fortrea Holdings seller in Q4 2023 was UBS Group, an estimated $111M sold.
Based on aggregated 13F filings for Q4 2023.