Fortrea Holdings Inc.
FTRE • NASDAQ
Fortrea Holdings Inc. is a biotechnology company in the healthcare sector on NASDAQ, led by Thomas Pike, with a market cap of $1.4B. As of Q3 2025, 105% of shares are held by 325 institutional investors, with BlackRock, Inc. as the largest holder at 15.63%.
Chief Executive Officer of Fortrea Holdings Inc.Thomas Pike
Market Cap$1.4B
Biotechnology
Healthcare
Employees16.0K
Websitefortrea.com
Country
United States of America
Overview
Overview of institutional ownership in FTRE as of Q3 2025 with a market cap of $764.5M
All Institutions
- Institutions
- 325
- Value Held
- $805.6M
- Shares Held
- 95.6M
- Avg Position
- $2.5M
- Median Position
- $141.4K
Hedge Funds
- Hedge Funds
- 41
- Value Held
- $206.0M
- Shares Held
- 24.5M
- Avg Position
- $5.0M
- Median Position
- $989.3K
Ownership Breakdown
Based on market cap of $764.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in FTRE as of Q3 2025
| Institution | Position Value |
|---|---|
B BlackRock, Inc. Institution | $119.5M 0.00% of portfolio |
 VANGUARD GROUP INC Institution | $68.0M 0.00% of portfolio |
 GOLDMAN SACHS GROUP INC Institution | $67.2M 0.01% of portfolio |
 Corvex Management LP Hedge Fund•Event Driven | $38.0M 1.44% of portfolio |
 STATE STREET CORP Institution | $34.3M 0.00% of portfolio |
 Sessa Capital IM, L.P. Hedge Fund•Long/Short | $33.6M 0.86% of portfolio |
 AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | $31.5M 0.02% of portfolio |
 FMR LLC Institution | $25.7M 0.00% of portfolio |
 MORGAN STANLEY RIA/Wealth | $23.6M 0.00% of portfolio |
 SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager | $22.3M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for FTRE in Q3 2025
- Traded
- −$18.5M
- Buyers
- 131
- Sellers
- 178
- Total Bought
- +$117.1M
- Total Sold
- −$135.6M
- Avg Position
- $2.1M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 Park West Asset Management LLC Hedge Fund•Multi-Strategy | +$18.6M +2.2M shares |
N Nuveen, LLC Institution | +$12.8M +1.5M shares |
E Eagle Health Investments LP Hedge Fund•Long/Short | +$8.3M +988.8K shares |
 DEUTSCHE BANK AG\ Institution | +$7.8M +920.7K shares |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager | +$7.3M +863.5K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | +$5.9M +702.4K shares |
 BANK OF AMERICA CORP /DE/ Institution | +$5.6M +668.7K shares |
 LORD, ABBETT & CO. LLC Long Only Manager | +$5.0M +592.1K shares |
 BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds | +$4.6M +541.2K shares |
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy | +$4.2M +500.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$23.4M −2.8M shares |
 Starboard Value LP Hedge Fund•Activist | −$12.3M −2.5M shares |
 BANK OF NOVA SCOTIA / Institution | −$6.9M −821.0K shares |
C Coliseum Capital Management, LLC Hedge Fund•Distressed | −$6.1M −1.2M shares |
VANGUARD GROUP INC Institution | −$5.2M −618.8K shares |
 BECK MACK & OLIVER LLC Long Only Manager | −$5.2M −615.2K shares |
 THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager | −$5.1M −606.6K shares |
C Cubist Systematic Strategies, LLC Institution | −$4.3M −510.3K shares |
 Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | −$3.6M −425.4K shares |
B BlackRock, Inc. Institution | −$3.5M −421.3K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited FTRE in Q3 2025
- New Positions
- 26
- New Value
- $39.9M
- Exited Positions
- 62
- Exited Value
- $31.7M
New Positions
| Institution | Position Value |
|---|---|
Park West Asset Management LLC Hedge Fund•Multi-Strategy | $18.6M 2.2M shares |
E Eagle Health Investments LP Hedge Fund•Long/Short | $8.3M 988.8K shares |
LORD, ABBETT & CO. LLC Long Only Manager | $5.0M 592.1K shares |
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy | $4.2M 500.0K shares |
 ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant | $1.1M 130.9K shares |
 Counterpoint Mutual Funds LLC ETF Provider | $872.7K 103.6K shares |
A ALLIANZ SE Institution | $404.2K 48.0K shares |
A Ausbil Investment Management Ltd Long Only Manager | $311.3K 32.7K shares |
 Baird Financial Group, Inc. Private Equity | $228.8K 27.2K shares |
 Krilogy Financial LLC RIA/Wealth | $162.7K 13.6K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Starboard Value LP Hedge Fund•Activist | $12.3M 2.5M shares |
C Coliseum Capital Management, LLC Hedge Fund•Distressed | $6.1M 1.2M shares |
Q Qube Research & Technologies Ltd Institution | $3.2M 637.9K shares |
 UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager | $1.6M 318.1K shares |
S Swiss National Bank Institution | $815.7K 165.1K shares |
M Man Group plc Institution | $655.7K 132.7K shares |
 ARISTEIA CAPITAL LLC Hedge Fund•Multi-Strategy | $648.4K 131.2K shares |
 Centiva Capital, LP Hedge Fund•Multi-Strategy | $536.2K 108.5K shares |
S Squarepoint Ops LLC Hedge Fund•Quant | $521.5K 105.6K shares |
 KENNEDY CAPITAL MANAGEMENT, INC. Long Only Manager | $497.3K 100.7K shares |
Options Activity
Institutions with the largest Call and Put options positions in FTRE as of Q3 2025
- Call Positions
- 9
- Call Value
- $14.7M
- Put Positions
- 6
- Put Value
- $458.9K
Call Positions
| Institution | Position Value |
|---|---|
 Brooklands Fund Management Ltd Hedge Fund•Multi-Strategy | $5.7M 6.8K contracts |
Centiva Capital, LP Hedge Fund•Multi-Strategy | $3.9M 4.7K contracts |
J JANE STREET GROUP, LLC Institution | $2.2M 2.6K contracts |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $1.2M 1.5K contracts |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $1.1M 1.3K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $321.6K 382.0 contracts |
 Walleye Trading LLC RIA/Wealth | $187.8K 223.0 contracts |
C Cubist Systematic Strategies, LLC Institution | - - contracts |
N NOMURA HOLDINGS INC Institution | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $211.3K 251.0 contracts |
C Cubist Systematic Strategies, LLC Institution | $112.8K 134.0 contracts |
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $85.9K 102.0 contracts |
Walleye Trading LLC RIA/Wealth | $48.8K 58.0 contracts |
 UBS Group AG Institution | - - contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | - - contracts |
Most Committed Institutions
Institutions with FTRE as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
E Eagle Health Investments LP Hedge Fund•Long/Short | 2.19% $8.3M |
Park West Asset Management LLC Hedge Fund•Multi-Strategy | 1.70% $18.6M |
 Kerrisdale Advisers, LLC Hedge Fund•Long/Short | 1.56% $3.0M |
Corvex Management LP Hedge Fund•Event Driven | 1.44% $38.0M |
Sessa Capital IM, L.P. Hedge Fund•Long/Short | 0.86% $33.6M |
C Corton Capital Inc. Institution | 0.39% $156.6K |
 PDT Partners, LLC Hedge Fund•Quant | 0.29% $4.6M |
K Keebeck Alpha, LP Hedge Fund | 0.22% $161.7K |
BECK MACK & OLIVER LLC Long Only Manager | 0.22% $11.8M |
A Ausbil Investment Management Ltd Long Only Manager | 0.17% $311.3K |
Hedge Fund Spotlight
Discover hedge funds investing in FTRE
Trexquant Investment LP
Hedge Fund • Quant
Portfolio ManagerTaesoon (Tyger) Park
- Portfolio Value
- $9.7B
- Positions
- 1,540
- Last Reported
- Q3 2025
Sector Allocation
Position in Fortrea Holdings Inc.
- Market Value
- $2.1M
- Shares Held
- 252.3K
- Portfolio Weight
- 0.02%
- Owned Since
- 2024-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Semiconductors Technology | $233.6M | 2.41% | |
Software - Infrastructure Technology | $138.5M | 1.43% | |
Discount Stores Consumer Defensive | $122.3M | 1.26% |
