Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fortrea Hldgs Inc (FTRE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
49%

Smart Money Signals — FTRE

Based on 331 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 81% of 3.0Y peak

81% of all-time peak
331 funds currently hold this stock — 81% of the 3.0-year high of 409 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FTRE is almost the same as a year ago (-5 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

145 buying153 selling
Last quarter: 153 funds reduced or exited vs 145 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.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 63 → 71 → 54 → 48. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

51% of holders stayed for 2+ years

■ 51% conviction (2yr+) ■ 30% medium ■ 19% new
169 out of 331 hedge funds have held FTRE 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.
💰

Value +98% but shares only +2% — price-driven

Value
+97%
Shares
+2%
Last quarter: the total dollar value of institutional holdings rose +98%, but actual share count only changed +2%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📊

Peak discovery — momentum slowing

66 → 63 → 71 → 54 → 48 new funds/Q
New funds entering each quarter: 63 → 71 → 54 → 48. FTRE is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 59% veterans vs 27% newcomers

■ 59% veterans ■ 14% 1-2yr ■ 27% new
Entry-cohort mix of 333 holders: 197 (59%) are 2+ year veterans, 45 entered 1–2 years ago, and 91 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 63% AUM from top-100 funds

63% from top-100 AUM funds
53 of 329 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in FTRE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 — FTRE

In 2026 Q2, 145 hedge funds were net buyers of FTRE (48 opened a new position, 97 added to an existing one), while 153 reduced or exited (105 trimmed, 48 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 63% of total institutional value in FTRE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 331.

Hedge Fund Ownership: FTRE

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

Market Analysis: FTRE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FTRE

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

18 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: FTRE
328 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 328 331 -0.91%
13F Shares 102M 100M 2.01%
Total Value $1.81B $916M 97.78%
New Positions 48 54 -6
Increased Positions 96 113 -17
Closed Positions 49 67 -18
Reduced Positions 105 79 +26
Total Calls 2 4 -50.0%
Total Puts 1 1 -
PUT/CALL Ratio 0.5 0.25 Bullish

Statistics: FTRE

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Institutional Holders (2026 Q2)

328 + investors

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

QUARTER:
Top 25 FTRE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Eagle Health Investments LP 3.41% 1,181,274 $20.6M
2 Park West Asset Management LLC 2.50% 2,106,131 $36.6M
3 Ausbil Investment Management Ltd 1.83% 229,826 $4.0M
4 Corvex Management LP 1.59% 2,988,551 $52.0M
5 Sessa Capital IM, L.P. 1.34% 4,593,550 $79.9M
6 Olympiad Research LP 0.72% 19,888 $346K
7 Ardsley Advisory Partners LP 0.32% 175,000 $3.0M
8 Cohen Capital Management, Inc. 0.28% 120,072 $2.1M
9 Beck Mack & Oliver LLC 0.28% 834,758 $14.5M
10 PDT Partners, LLC 0.28% 301,272 $5.2M
11 Hahn Capital Management LLC 0.27% 25,453 $443K
12 WINTON GROUP Ltd 0.22% 389,155 $6.8M
13 Algert Global LLC 0.15% 722,376 $12.6M
14 Gem Investment Advisors, LLC 0.15% 13,747 $239K
15 Dynamic Technology Lab Private Ltd 0.14% 35,292 $614K
16 Bradley & Co. Private Wealth Management, LLC 0.14% 16,384 $285K
17 Hillsdale Investment Management Inc. 0.12% 313,100 $5.4M
18 Cinctive Capital Management LP 0.11% 168,625 $2.9M
19 MetLife Investment Management, LLC 0.11% 1,362,169 $23.7M
20 Longaeva Partners L.P. 0.10% 263,964 $4.6M
21 State of Wyoming 0.09% 50,241 $874K
22 William B. Walkup & Associates, Inc. 0.07% 8,816 $153K
23 Prescott Group Capital Management, L.L.C. 0.07% 45,768 $796K
24 Y-Intercept (Hong Kong) Ltd 0.06% 169,370 $2.9M
25 Loomis Sayles & Co L P 0.05% 2,440,583 $42.5M
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 — Fortrea Hldgs Inc (FTRE)

What does the Smart Money Trend signal show for FTRE?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for FTRE?

More sellers than buyers — 49% buying: Last quarter: 153 funds reduced or exited vs 145 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 FTRE holders?

Elite ownership — 63% AUM from top-100 funds: 53 of 329 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in FTRE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FTRE?

51% of holders stayed for 2+ years: 169 out of 331 hedge funds have held FTRE 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.

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