Fortrea Holdings
FTRE
416 hedge funds and large institutions have $2.55B invested in Fortrea Holdings in 2023 Q3 according to their latest regulatory filings, with 393 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 10 closing their positions.
3,830% more first-time investments, than exits
New positions opened: 393 | Existing positions closed: 10
2,419% more capital invested
Capital invested by funds: $101M → $2.55B (+$2.45B)
1,161% more funds holding
Funds holding: 33 → 416 (+383)
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
132% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $2.54M
96.88% more ownership
Funds ownership: 3.4% → 100.28% (+97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$501M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$296M |
| 3 |
SC
Sessa Capital
New York
|
+$156M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$111M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$95.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$4.41M |
| 2 |
JCP
Jennifer C. Price
|
-$2.72M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$2.06M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$1.97M |
| 5 |
Cerity Partners
New York
|
-$686K |
FTRE Hedge Fund Activity: Q3 2023 in Review
416 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Fortrea Holdings (FTRE) for Q3 2023, worth a combined $2.55B — up 2,419% from $101M a quarter earlier.
Buyers outnumbered sellers: 393 funds opened new FTRE positions and 10 closed out — a net gain of 383 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $501M. The largest seller was River Road Asset Management, exiting entirely with an estimated $4.41M sold.
- 416 institutional investors held Fortrea Holdings (FTRE) as of Q3 2023, up from 33 in Q2 2023.
- Funds reported $2.55B of Fortrea Holdings stock for Q3 2023, up 2,419% quarter-over-quarter.
- 393 funds opened new Fortrea Holdings positions in Q3 2023 and 10 closed out, a net change of +383 holders.
- The largest Fortrea Holdings buyer in Q3 2023 was BlackRock, an estimated $501M added.
- The largest Fortrea Holdings seller in Q3 2023 was River Road Asset Management, an estimated $4.41M sold.
Based on aggregated 13F filings for Q3 2023.