Fortrea Holdings
FTRE
355 hedge funds and large institutions have $1.96B invested in Fortrea Holdings in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 75 increasing their positions, 153 reducing their positions, and 72 closing their positions.
391% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $2.19M
4.47% less ownership
Funds ownership: 114.05% → 109.58% (-4.5%)
9% less funds holding
Funds holding: 388 → 355 (-33)
16% less capital inflows, than outflows
Capital inflows: $464M | Capital outflows: $551M
43% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 72
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: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$144M |
| 2 |
Beck Mack & Oliver
New York
|
+$54.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.1M |
| 4 |
Corvex Management
New York
|
+$52.2M |
| 5 |
BlackRock
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$73.4M |
| 2 |
Gates Capital Management
New York
|
-$61M |
| 3 |
Brandes Investment Partners
La Jolla,
California
|
-$56.2M |
| 4 |
Scopia Capital Management
New York
|
-$34.3M |
| 5 |
Magnetar Financial
Evanston,
Illinois
|
-$32.5M |
FTRE Hedge Fund Activity: Q3 2024 in Review
355 of the 6,989 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: 72 funds closed out of FTRE and 41 opened new positions — a net loss of 31 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.
- 355 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.
- 41 funds opened new Fortrea Holdings positions in Q3 2024 and 72 closed out, a net change of -31 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.