Segantii Capital Management Ltd raised its stake in Fortress Investment Group LLC (NYSE:FIG) by 59.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,895,042 shares of the asset manager’s stock after purchasing an additional 705,350 shares during the period. Fortress Investment Group accounts for about 5.9% of Segantii Capital Management Ltd’s holdings, making the stock its 4th biggest position. Segantii Capital Management Ltd owned 487,696.43% of Fortress Investment Group worth $15,103,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in FIG. IndexIQ Advisors LLC boosted its holdings in shares of Fortress Investment Group by 19.3% in the third quarter. IndexIQ Advisors LLC now owns 314,021 shares of the asset manager’s stock valued at $2,503,000 after acquiring an additional 50,804 shares during the period. Gabelli Funds LLC lifted its holdings in shares of Fortress Investment Group by 11.7% during the third quarter. Gabelli Funds LLC now owns 2,746,844 shares of the asset manager’s stock worth $21,892,000 after purchasing an additional 288,599 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in shares of Fortress Investment Group by 35.3% during the third quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 176,800 shares of the asset manager’s stock worth $1,409,000 after purchasing an additional 46,100 shares during the period. Archford Capital Strategies LLC lifted its holdings in shares of Fortress Investment Group by 994.2% during the second quarter. Archford Capital Strategies LLC now owns 61,548 shares of the asset manager’s stock worth $2,077,000 after purchasing an additional 55,923 shares during the period. Finally, Public Employees Retirement System of Ohio raised its position in Fortress Investment Group by 150.0% in the second quarter. Public Employees Retirement System of Ohio now owns 150,000 shares of the asset manager’s stock worth $1,199,000 after acquiring an additional 90,000 shares in the last quarter. Institutional investors own 39.90% of the company’s stock.

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Several research analysts have issued reports on the company. Zacks Investment Research upgraded Fortress Investment Group from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. BidaskClub cut Fortress Investment Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th.

Shares of Fortress Investment Group LLC (NYSE FIG) traded down $0.02 during trading hours on Wednesday, reaching $7.78. The company’s stock had a trading volume of 1,726,545 shares, compared to its average volume of 2,624,814. Fortress Investment Group LLC has a 12-month low of $4.50 and a 12-month high of $8.05. The firm has a market cap of $3,061.96, a price-to-earnings ratio of 8.66 and a beta of 1.91.

Fortress Investment Group Profile

Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds).

Institutional Ownership by Quarter for Fortress Investment Group (NYSE:FIG)

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