Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fresenius Medical Care AG (FMS)

214 + Investors. Track Smart Money conviction in FMS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — FMS

Based on 215 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FMS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
215 hedge funds hold FMS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

129 buying88 selling
Last quarter: 129 funds bought or added vs 88 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter
Funds opening a new FMS position: 32 → 26 → 30 → 43. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 20% new
125 out of 215 hedge funds have held FMS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

31 → 32 → 26 → 30 → 43 new funds/Q
New funds entering each quarter: 32 → 26 → 30 → 43. A growing number of institutions are discovering FMS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 11% 1-2yr ■ 22% new
Of 219 current holders: 147 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
33 of 215 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FMS

In 2026 Q1, 129 hedge funds were net buyers of FMS (43 opened a new position, 86 added to an existing one), while 88 reduced or exited (50 trimmed, 38 sold completely) — a 59% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 30% of total institutional value in FMS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 215.

Hedge Fund Ownership: FMS

How many hedge funds hold FMS — quarterly history vs. share price
Quarterly hedge fund ownership of FMS vs. share price

Market Analysis: FMS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FMS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Fresenius Medical Care AG (FMS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FMS has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
FMS
+2.0%
XLV
+4.9%

FMS outperformed XLV by -2.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
FMS
+10.9%
XLV
+6.0%

Since the filing became public, FMS outperformed XLV by +4.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: FMS
214 + Investors

Track Smart Money conviction in FMS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 214 210 1.9%
13F Shares 42M 38M 12.12%
Total Value $930M $876M 6.13%
New Positions 43 30 +13
Increased Positions 86 61 +25
Closed Positions 39 24 +15
Reduced Positions 47 72 -25
Total Calls 1 0 100%
Total Puts 3 2 50.0%
PUT/CALL Ratio 3.0 0.0 Bearish

Statistics: FMS

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Institutional Holders (2026 Q1)

214 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FMS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FMS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nia Impact Advisors, LLC 1.48% 147,597 $3.3M
2 Fiduciary Management Inc /Wi/ 1.25% 4,462,106 $100.7M
3 Pzena Investment Management LLC 1.10% 15,052,822 $339.6M
4 Integral Health Asset Management, LLC 0.84% 775,000 $17.5M
5 Todd Asset Management LLC 0.57% 1,296,543 $29.3M
6 Searle & CO. 0.46% 80,725 $1.8M
7 Barometer Capital Management INC. 0.36% 46,200 $1.0M
8 DMC Group, LLC 0.34% 22,460 $507K
9 Corient IA LLC 0.32% 15,000 $338K
10 Diversified Management Inc 0.28% 73,047 $1.6M
11 Hennessy Advisors Inc 0.28% 337,800 $7.6M
12 Brandes Investment Partners, LP 0.26% 1,610,849 $36.3M
13 Moran Wealth Management, LLC 0.24% 347,773 $7.8M
14 Uncommon Cents Investing LLC 0.21% 40,495 $914K
15 Commons Capital, LLC 0.17% 8,895 $201K
16 Transmarket Holdings LP 0.15% 8,800 $210K
17 Cinctive Capital Management LP 0.15% 99,004 $2.2M
18 Riverwater Partners LLC 0.12% 15,306 $345K
19 Ping Capital Management, INC. 0.10% 15,000 $338K
20 Signet Financial Management, LLC 0.07% 28,895 $652K
21 Dodge & Cox 0.05% 3,826,910 $86.3M
22 Highland Capital Management, LLC 0.04% 36,650 $827K
23 Axq Capital, LP 0.04% 12,761 $288K
24 Nbc Securities, INC. 0.04% 21,094 $476K
25 Advisors Preferred, LLC 0.03% 10,226 $231K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Fresenius Medical Care AG (FMS)

What does the Smart Money Trend signal show for FMS?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FMS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FMS?

Slight buying edge — 59% buying: Last quarter: 129 funds bought or added vs 88 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FMS holders?

Strong quality — 30% AUM from major funds: 33 of 215 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FMS?

58% of holders stayed for 2+ years: 125 out of 215 hedge funds have held FMS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Fresenius Medical Care AG (FMS) following the 2026 Q1 hedge fund 13F filings?

As of today, FMS has moved +10.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +6.0% for the XLV sector ETF — an outperformance of +4.9%. Since the quarter end (March 31, 2026), FMS has gained +2.0% vs +4.9% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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