Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FRESENIUS MEDICAL CARE AG (FMS)

204 + 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
↑ +8
Streak
1Q ▲
Buyers last Q
48%

Smart Money Signals — FMS

Based on 202 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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
202 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 — +13% more funds vs a year ago

fund count last 6Q
+24 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

89 buying95 selling
Last quarter: 95 funds reduced or exited vs 89 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new FMS position: 29 → 29 → 24 → 30. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 25% medium ■ 13% new
125 out of 202 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.
➡️

Steady discovery — ~30 new funds/quarter

35 → 29 → 29 → 24 → 30 new funds/Q
New funds entering each quarter: 29 → 29 → 24 → 30. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 12% 1-2yr ■ 19% new
Of 204 current holders: 142 (70%) 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 — 25% AUM from major funds

25% from top-100 AUM funds
24 of 202 holders rank in the top 100 by AUM, accounting for 25% 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.

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

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 0 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: FMS
2026 Q1 Stats Unlock in 21 days 204 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 204 195 4.62%
13F Shares 36M 35M 3.35%
Total Value $868M $934M -7.03%
New Positions 30 24 +6
Increased Positions 60 73 -13
Closed Positions 22 25 -3
Reduced Positions 74 56 +18
Total Calls 0 3 -100.0%
Total Puts 2 0 100%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FMS

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Institutional Holders (2026 Q1)

204 + investors

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

Top 25 institutional holders of FMS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PZENA INVESTMENT MANAGEMENT LLC 1.10% 15,052,822 $339.6M
2 DIVERSIFIED MANAGEMENT INC 0.28% 73,047 $1.6M
3 HENNESSY ADVISORS INC 0.28% 337,800 $7.6M
4 Moran Wealth Management, LLC 0.24% 347,773 $7.8M
5 Uncommon Cents Investing LLC 0.21% 40,495 $914K
6 PING CAPITAL MANAGEMENT, INC. 0.10% 15,000 $338K
7 HIGHLAND CAPITAL MANAGEMENT, LLC 0.04% 36,650 $827K
8 NBC SECURITIES, INC. 0.04% 21,094 $476K
9 RITHOLTZ WEALTH MANAGEMENT 0.03% 84,658 $1.9M
10 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.03% 13,532 $305K
11 LVW Advisors, LLC 0.03% 13,346 $301K
12 Versant Capital Management, Inc 0.02% 9,678 $218K
13 Aaron Wealth Advisors LLC 0.02% 16,416 $370K
14 QRG CAPITAL MANAGEMENT, INC. 0.02% 77,128 $1.7M
15 Kathmere Capital Management, LLC 0.01% 9,690 $219K
16 FRANKLIN STREET ADVISORS INC /NC 0.01% 8,896 $201K
17 Ethic Inc. 0.01% 34,731 $784K
18 Hartford Financial Management Inc. 0.01% 1,985 $45K
19 MEYER HANDELMAN CO 0.01% 16,000 $361K
20 Brooklyn Investment Group 0.01% 14,793 $334K
21 GAMMA Investing LLC 0.01% 8,008 $181K
22 CACTI ASSET MANAGEMENT LLC 0.01% 6,000 $135K
23 OPPENHEIMER ASSET MANAGEMENT INC. 0.01% 26,790 $604K
24 MB, LEVIS & ASSOCIATES, LLC 0.00% 478 $11K
25 VALLEY NATIONAL ADVISERS INC 0.00% 1,397 —
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 — 1 quarter in a row: For 1 consecutive quarter, 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?

More sellers than buyers — 48% buying: Last quarter: 95 funds reduced or exited vs 89 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FMS holders?

Strong quality — 25% AUM from major funds: 24 of 202 holders rank in the top 100 by AUM, accounting for 25% 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?

62% of holders stayed for 2+ years: 125 out of 202 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.

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.