Vault-13

FRESENIUS MEDICAL CARE AG FMS

SPONSORED ADR · ADR · CUSIP 358029106 · ISIN US3580291066

203 institutional holders +13 vs Q4 2024
35,089,54535.1m shares reported held*
$873.7mreported value*
27 new 65 added 53 reduced 15 sold out net bought ≈ $26.8m (+1.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($311.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.90. Options: 5 managers hold calls ($3.1m notional), 4 hold puts ($1.3m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 142Q4 22: 155Q1 23: 156Q2 23: 147Q3 23: 148Q4 23: 160Q1 24: 172Q2 24: 167Q3 24: 168Q4 24: 190Q1 25: 203203Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022142
Q4 2022155
Q1 2023156
Q2 2023147
Q3 2023148
Q4 2023160
Q1 2024172
Q2 2024167
Q3 2024168
Q4 2024190
Q1 2025203

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 23: 59 bought or addedQ2 23: 68 cut or sold outQ3 23: 61 bought or addedQ3 23: 63 cut or sold outQ3 23Q4 23: 65 bought or addedQ4 23: 61 cut or sold outQ1 24: 89 bought or addedQ1 24: 62 cut or sold outQ1 24Q2 24: 81 bought or addedQ2 24: 67 cut or sold outQ3 24: 78 bought or addedQ3 24: 68 cut or sold outQ3 24Q4 24: 93 bought or addedQ4 24: 58 cut or sold outQ1 25: 92 bought or addedQ1 25: 68 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20235968
Q3 20236163
Q4 20236561
Q1 20248962
Q2 20248167
Q3 20247868
Q4 20249358
Q1 20259268

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ2 24 calls: $1.6mQ2 24 puts: $822.4kQ2 24P/C 0.51Q3 24 calls: $1.7mQ3 24 puts: $1.3mQ3 24P/C 0.79Q4 24 calls: $1.3mQ4 24 puts: $601.6kQ4 24P/C 0.46Q1 25 calls: $3.1mQ1 25 puts: $1.3mQ1 25P/C 0.42
Numbers
QuarterCallsPutsP/C
Q2 2024$1.6m$822.4k0.51
Q3 2024$1.7m$1.3m0.79
Q4 2024$1.3m$601.6k0.46
Q1 2025$3.1m$1.3m0.42

Biggest buyers

TODD ASSET MANAGEMENT LLC New +482,296+482.3k
MILLENNIUM MANAGEMENT LLC Added +361,364+361.4k
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY New +298,000+298.0k
RAYMOND JAMES FINANCIAL INC Added +269,857+269.9k
TOWNSQUARE CAPITAL LLC New +130,753+130.8k
NIA IMPACT ADVISORS, LLC New +122,325+122.3k
PZENA INVESTMENT MANAGEMENT LLC Added +94,065+94.1k
Integral Health Asset Management, LLC Added +80,000+80.0k
Qube Research & Technologies Ltd Added +59,049+59.0k
Summit Global Investments New +57,949+57.9k

Biggest sellers

FIDUCIARY MANAGEMENT INC /WI/ Reduced -358,652-358.7k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -116,237-116.2k
MARSHALL WACE, LLP Reduced -109,199-109.2k
OLD MISSION CAPITAL LLC Reduced -109,139-109.1k
Moran Wealth Management, LLC Reduced -107,190-107.2k
Corient Private Wealth LP Sold out -88,381-88.4k
TWO SIGMA INVESTMENTS, LP Reduced -60,586-60.6k
DAVENPORT & Co LLC Sold out -58,147-58.1k
BlackRock, Inc. Reduced -51,017-51.0k
GOLDMAN SACHS GROUP INC Reduced -49,517-49.5k

Biggest calls

CITADEL ADVISORS LLC Added $1.8m71.2k shares
SIMPLEX TRADING, LLC Added $727.0k29.2k shares
Optiver Holding B.V. Added $283.9k11.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $278.9k11.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $846.6k34.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $383.5k15.4k shares
SIMPLEX TRADING, LLC Added $64.0k2.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Fresenius SE & Co. KGaA 13D · may seek influence -3.0 pts · filed 2026-08-24
Stated purposeItem 4 of the Schedule 13D is hereby amended and restated in its entirety as follows: On August 20, 2026, Fresenius KGaA entered into the Share Purchase Agreement (as defined in Item 6) and agreed to sell certain Shares (as defined in Item 6) representing in the aggregate up to approximately 2.97% of the total share capital of the Company to the Purchaser in a block trade in accordance with the terms of the Share Purchase Agreement, as further described below. Fresenius KGaA is entering into this transaction as part of its broader portfolio optimization strategy. Fresenius KGaA intends to review its investment in the Company on a continuing basis and, depending on market conditions, the trading price of the Shares, legal or regulatory developments and other factors, may from time to time… Full filing
25.6% -3.0 pts 67.2m 2026-08-24

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PZENA INVESTMENT MANAGEMENT LLC 1.34% of their portfolio NEW YORK, NY 15,377,09015.4m $382.9m $382.9m 1.34% Added +94.1k +94,065
2 FIDUCIARY MANAGEMENT INC /WI/ 1.43% of their portfolio MILWAUKEE, WI 5,950,0116.0m $148.2m $148.2m 1.43% Reduced -358.7k -358,652
3 Dodge & Cox 0.06% of their portfolio San Francisco, CA 4,173,5104.2m $103.9m $103.9m 0.06% Unchanged
4 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 1,083,6021.1m $27.0m $27.0m 0.03% Added +361.4k +361,364
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,050,6841.1m $26.2m $26.2m 0.00% Added +15.7k +15,725
6 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 729,101729.1k $18.2m $18.2m 0.00% Reduced -49.5k -49,517
7 Integral Health Asset Management, LLC 1.88% of their portfolio New York, NY 680,000680.0k $16.9m $16.9m 1.88% Added +80.0k +80,000
8 TODD ASSET MANAGEMENT LLC 0.28% of their portfolio Louisville, KY 482,296482.3k $12.0m $12.0m 0.28% New
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 418,598418.6k $10.4m $10.4m 0.00% Reduced -51.0k -51,017
10 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 380,251380.3k $9.5m $9.5m 0.00% Added +18.1k +18,061
11 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.07% of their portfolio FRANKFORT, KY 298,000298.0k $7.4m $7.4m 0.07% New
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 295,005295.0k $7.3m $7.3m 0.00% Reduced -33.4k -33,354
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 287,751287.8k $7.2m $7.2m 0.00% Added +269.9k +269,857
14 ABC ARBITRAGE SA 0.90% of their portfolio PARIS, I0 194,061194.1k $4.8m $4.8m 0.90% Added +7.9k +7,900
15 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 177,144177.1k $4.4m $4.4m 0.03% Added +49.4k +49,418
16 Broyhill Asset Management, LLC 2.99% of their portfolio CHARLOTTE, NC 147,538147.5k $3.7m $3.7m 2.99% Reduced -3.1k -3,148
17 Moran Wealth Management, LLC 0.12% of their portfolio NAPLES, FL 147,520147.5k $3.7m $3.7m 0.12% Reduced -107.2k -107,190
18 FMR LLC 0.00% of their portfolio BOSTON, MA 140,688140.7k $3.5m $3.5m 0.00% Reduced -6.5k -6,496
19 TOWNSQUARE CAPITAL LLC 0.03% of their portfolio Lehi, UT 130,753130.8k $3.3m $3.3m 0.03% New
20 NIA IMPACT ADVISORS, LLC 1.13% of their portfolio OAKLAND, CA 122,325122.3k $3.0m $3.0m 1.13% New
21 Balefire, LLC 0.99% of their portfolio DALLAS, TX 116,111116.1k $2.9m $2.9m 0.99% Added +5.8k +5,842
22 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 89,29489.3k $2.2m $2.2m 0.00% Reduced -116.2k -116,237
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 88,83988.8k $2.2m $2.2m 0.00% Added +39.2k +39,212
24 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 73,37873.4k $1.8m $1.8m 0.00% Reduced -17.4k -17,372
25 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 72,49072.5k $1.8m $1.8m 0.00% Added +59.0k +59,049
26 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 72,27472.3k $1.8m $1.8m 0.00% Added +2.0k +1,975
27 QRG CAPITAL MANAGEMENT, INC. 0.02% of their portfolio BERWYN, PA 71,29371.3k $1.8m $1.8m 0.02% Added +3.3k +3,320
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 69,59869.6k $1.7m $1.7m 0.00% Added +13.8k +13,803
29 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 66,60866.6k $1.7m $1.7m 0.01% Added +7.0k +7,024
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 65,67465.7k $1.6m $1.6m 0.00% Added +33.3k +33,349
31 Crossmark Global Holdings, Inc. 0.03% of their portfolio HOUSTON, TX 64,87164.9k $1.6m $1.6m 0.03% Added +584 +584
32 Optiver Holding B.V. 0.06% of their portfolio AMSTERDAM, P7 64,67064.7k $1.6m $1.6m 0.06% Added +4.3k +4,337
33 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 61,24761.2k $1.5m $1.5m 0.00% Added +49.7k +49,719
34 Summit Global Investments 0.11% of their portfolio BOUNTIFUL, UT 57,94957.9k $1.4m $1.4m 0.11% New
35 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 55,99156.0k $1.4m $1.4m 0.00% First filing
36 Vident Advisory, LLC 0.02% of their portfolio Alpharetta, GA 54,27454.3k $1.4m $1.4m 0.02% Added +30.9k +30,864
37 Ethic Inc. 0.03% of their portfolio NEW YORK, NY 51,08451.1k $1.3m $1.3m 0.03% Added +1.8k +1,798
38 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 50,03150.0k $1.2m $1.2m 0.00% Reduced -3.3k -3,279
39 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 47,45347.5k $1.2m $1.2m 0.02% Reduced -109.1k -109,139
40 Mariner, LLC 0.00% of their portfolio Overland Park, KS 46,94546.9k $1.2m $1.2m 0.00% Reduced -5.6k -5,607
41 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 43,44343.4k $1.1m $1.1m 0.01% Added +4.0k +4,009
42 Uncommon Cents Investing LLC 0.30% of their portfolio JANESVILLE, WI 40,66040.7k $1.0m $1.0m 0.30% Added +35 +35
43 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 40,40040.4k $1.0m $1.0m 0.00% Reduced -8.2k -8,200
44 HIGHLAND CAPITAL MANAGEMENT, LLC 0.06% of their portfolio MEMPHIS, TN 40,15040.1k $999.7k $999.7k 0.06% Reduced -3.0k -2,950
45 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 39,90339.9k $993.6k $993.6k 0.00% Added +7.3k +7,299
46 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 38,34338.3k $954.7k $954.7k 0.00% Added +804 +804
47 Veracity Capital LLC 0.35% of their portfolio Atlanta, GA 36,09036.1k $898.6k $898.6k 0.35% Reduced -1.1k -1,102
48 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 35,69635.7k $888.8k $888.8k 0.00% Added +4.6k +4,622
49 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 34,13834.1k $850.0k $850.0k 0.01% Added +598 +598
50 Campbell & CO Investment Adviser LLC 0.07% of their portfolio BALTIMORE, MD 34,10434.1k $849.2k $849.2k 0.07% Added +22.5k +22,510
51 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 32,25832.3k $803.2k $803.2k 0.01% Reduced -1.4k -1,420
52 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 31,12731.1k $774.4k $774.4k 0.00% Added +1.4k +1,371
53 SIGNET FINANCIAL MANAGEMENT, LLC 0.10% of their portfolio PARSIPPANY, NJ 29,26929.3k $728.8k $728.8k 0.10% Reduced -2.3k -2,348
54 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 28,65928.7k $714.0k $714.0k 0.00% Added +16 +16
55 TrueMark Investments, LLC 0.18% of their portfolio CHICAGO, IL 27,10727.1k $675.0k $675.0k 0.18% New
56 Corient IA LP 0.44% of their portfolio MIAMI, FL 25,00025.0k $622.5k $622.5k 0.44% First filing
57 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 24,81324.8k $617.8k $617.8k 0.00% Reduced -60.6k -60,586
58 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 24,04624.0k $598.7k $598.7k 0.00% Unchanged
59 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 23,58323.6k $587.2k $587.2k 0.00% Added +763 +763
60 SEARLE & CO. 0.17% of their portfolio GREENWICH, CT 23,28823.3k $579.9k $579.9k 0.17% Unchanged
61 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 23,24223.2k $578.7k $578.7k 0.00% Added +2.8k +2,813
62 ATLAS CAPITAL ADVISORS INC. 0.07% of their portfolio JACKSON, WY 22,24922.2k $554.0k $554.0k 0.07% Added +3.6k +3,561
63 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 22,07122.1k $549.6k $549.6k 0.00% Added +120 +120
64 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 20,86420.9k $519.5k $519.5k 0.00% Added +1.1k +1,050
65 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 20,38220.4k $507.5k $507.5k 0.00% Reduced -109.2k -109,199
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 20,26920.3k $504.7k $504.7k 0.00% Added +4.6k +4,579
67 Callan Family Office, LLC 0.04% of their portfolio RADNOR, PA 19,89819.9k $495.5k $495.5k 0.04% Reduced -2.3k -2,285
68 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 18,79718.8k $468.0k $468.0k 0.00% Reduced -3.3k -3,347
69 RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio NEW YORK, NY 18,70418.7k $465.7k $465.7k 0.01% Reduced -826 -826
70 QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio CINCINNATI, OH 18,13218.1k $451.5k $451.5k 0.02% Added +14.3k +14,273
71 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 18,05218.1k $449.0k $449.0k 0.00% Added +1.2k +1,238
72 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 17,36517.4k $432.4k $432.4k 0.00% Added +2.4k +2,385
73 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,35817.4k $432.2k $432.2k 0.00% Reduced -532 -532
74 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 16,52016.5k $411.3k $411.3k 0.00% Added +135 +135
75 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 16,35316.4k $407.2k $407.2k 0.00% Added +301 +301
76 MEYER HANDELMAN CO 0.01% of their portfolio RYE BROOK, NY 16,00016.0k $398.4k $398.4k 0.01% Unchanged
77 SUMMIT SECURITIES GROUP LLC 0.27% of their portfolio NEW YORK, NY 15,91915.9k $396.4k $396.4k 0.27% New
78 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 15,43315.4k $384.3k $384.3k 0.00% Reduced -5.0k -4,967
79 Riverwater Partners LLC 0.20% of their portfolio Milwaukee, WI 15,30615.3k $381.1k $381.1k 0.20% Reduced -1.1k -1,075
80 Koss-Olinger Consulting, LLC 0.03% of their portfolio GAINESVILLE, FL 15,00015.0k $374.0k $374.0k 0.03% Unchanged
81 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,44714.4k $359.7k $359.7k 0.00% Reduced -5.0k -4,979
82 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 14,30114.3k $356.1k $356.1k 0.00% Reduced -224 -224
83 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 14,29714.3k $356.0k $356.0k 0.00% Added +1.8k +1,777
84 Callan Capital, LLC 0.03% of their portfolio LA JOLLA, CA 13,97414.0k $348.0k $348.0k 0.03% Added +870 +870
85 LODESTAR PRIVATE ASSET MANAGEMENT LLC 0.04% of their portfolio ALAMO, CA 13,93213.9k $346.9k $346.9k 0.04% Reduced -175 -175
86 WULFF, HANSEN & CO. 0.32% of their portfolio SAN RAFAEL, CA 13,88013.9k $345.6k $345.6k 0.32% Reduced -767 -767
87 SYON CAPITAL LLC 0.03% of their portfolio SAN FRANCISCO, CA 13,64813.6k $339.8k $339.8k 0.03% Added +2.1k +2,096
88 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 13,36113.4k $333.0k $333.0k 0.00% Added +113 +113
89 EVERETT HARRIS & CO /CA/ 0.00% of their portfolio LOS ANGELES, CA 13,25913.3k $330.1k $330.1k 0.00% Unchanged
90 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 12,82612.8k $319.0k $319.0k 0.00% Reduced -1.8k -1,841
91 FOX RUN MANAGEMENT, L.L.C. 0.05% of their portfolio GREENWICH, CT 12,43612.4k $309.7k $309.7k 0.05% Reduced -5.8k -5,759
92 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 11,48511.5k $286.0k $286.0k 0.00% New
93 VIRTUS ADVISERS, LLC 0.18% of their portfolio HARTFORD, CT 11,03311.0k $274.7k $274.7k 0.18% New
94 Forum Financial Management, LP 0.00% of their portfolio LOMBARD, IL 10,89110.9k $271.2k $271.2k 0.00% Unchanged
95 HARRIS ASSOCIATES L P 0.00% of their portfolio CHICAGO, IL 10,69510.7k $266.3k $266.3k 0.00% New
96 One Capital Management, LLC 0.01% of their portfolio WESTLAKE VILLAGE, CA 10,48210.5k $261.0k $261.0k 0.01% Unchanged
97 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 10,15210.2k $253.0k $253.0k 0.00% Added +2 +2
98 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 9,9229.9k $247.1k $247.1k 0.00% New
99 Kimelman & Baird, LLC 0.02% of their portfolio New York, NY 9,7349.7k $242.4k $242.4k 0.02% Unchanged
100 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 9,7279.7k $242.2k $242.2k 0.00% Added +103 +103