13FPulse
FR

FRMI FERMI INC

2026Q2 · CUSIP 314911108 · Sector: REITs

Piling in

Net holder growth ranks near the top of the market

Funds that own it
287
Institutions that reported holding it to the SEC
Net increase in holders
+79
Last quarter 208 → now 287
How unusual is that
Top 5%
Stronger buying than 97% of US stocks
What the filings say, in one paragraph

287 funds held FRMI at the end of 2026Q2, up 79 from the quarter before. That is stronger buying than 97.4% of US stocks — among the most piled-into names this quarter. On the business itself, return on equity is -67.3%. FRMI has had 2 buying rushes in its history. It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2026Q1: holders=208 2026Q2: holders=287 -79 -39.5 +0 +39.5 +79 187245302 26Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 2 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 5%
2026Q1 Top 5%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
127
Change in large funds
+23
Total value they hold
$1.4B
Funds buying for the first time
128
Funds that sold out entirely
49
Price change that quarter
-24.1%
Funds holding puts (bearish)
12
Funds holding calls (bullish)
34

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-1.45
EPS YoY
Revenue (TTM)
Revenue YoY
Net margin
ROE
-67.3%
Debt ratio
41.5%
FCF (TTM)
-$1.2B
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2025-06-30: EPS -0.02 2025-09-30: EPS -0.84 2025-12-31: EPS -0.27 2026-03-31: EPS -0.30 2026-06-30: EPS -0.04 -0.92 -0.46 0.00 2025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

Quarterly free cash flow
-506M-253M0K 20252026
Latest quarter $-449M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.