FMS
Fresenius Medical Care AG & Co. KGaA
Fresenius Medical Care is a global provider of dialysis products and services, with its primary political exposure stemming from a single $350.5M federal contract with the Department of Veterans Affairs.
Govt Dependence
85/100
Regulatory Density
95/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL
BusinessWhat FMS does
Fresenius Medical Care operates a vertically integrated business model providing dialysis care through a network of outpatient clinics, supplying dialysis machines and disposable products, and offering related laboratory and pharmacy services. Its revenue is heavily tied to government healthcare reimbursement programs like Medicare and Medicaid. The company's operations are concentrated in the renal care and chronic kidney disease treatment sector.
12 months past · 3 months futureFMS activity timeline
Congress
buy
sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened
+ added
− trimmed
closed
holds
Bills
past action (this ticker)
upcoming markup (sector)
★ carveout (this ticker)
250 trading days ·
0 congressional trades shown
·
0 insider buys
·
8 13F filings
·
3 past bill actions
·
3 upcoming markups
Lifetime Government AwardsFMS federal contracts by year
$914M
total awarded · 2008–2022
125
contracts on file
2022
peak year ($350M)
Top contracts by award amount
$350.5M
Department of Veterans Affairs
2022-10-01
EXPRESS REPORT: FY 23 NDSC
$118.7M
Department of Veterans Affairs
2013-10-01
IGF::OT::IGF EXPRESS REPORT FOR FY14 NATIONWIDE DIALYSIS SERVICES
$59.9M
Department of Veterans Affairs
2017-03-31
IGF::CT::IGF FY17 2ND QTR EXPRESS REPORT:
$52.8M
Department of Veterans Affairs
2016-10-01
IGF::CT::IGF EXPRESS REPORT: FY17 1ST QTR DIALYSIS REPORT
$45.4M
Department of Veterans Affairs
2016-01-01
IGF::OT::IGF EXPRESS REPORT: FY16 Q2 NATIONWIDE DIALYSIS SERVICES
15 years · 125 contracts
Smart Money · 13F HoldingsHedge funds holding FMS
$4.84B
Total FMS held by tracked 13F funds
4
Funds with FMS positions
+1
Funds opened this quarter
Two Sigma Investments
$4.84B
+341%
2026-03-31
Millennium Management
$965K
-87%
2025-12-31
D.E. Shaw & Co.
$786K
opened
2025-12-31
Citadel Advisors
$679K
+75%
2025-12-31
Congressional TradesWho in Congress is trading FMS
2023-07-10
Daniel S. Goldman
Sale
$1,001 - $15,000
2023-07-10
Daniel S. Goldman
sale
$1,001 - $15,000
2022-09-02
Michael T. McCaul
Sale
$15,001 - $50,000
2022-09-02
Michael T. McCaul
sale
$15,001 - $50,000
2021-12-14
Michael T. McCaul
Sale
$1,001 - $15,000
2021-12-14
Michael T. McCaul
sale
$1,001 - $15,000
2021-06-18
Michael T. McCaul
Purchase
$15,001 - $50,000
2021-06-18
Michael T. McCaul
purchase
$15,001 - $50,000
2021-03-19
Michael T. McCaul
purchase
$15,001 - $50,000
2021-03-19
Michael T. McCaul
Purchase
$15,001 - $50,000
2021-02-02
Michael T. McCaul
Purchase
$15,001 - $50,000
56d late
2021-02-02
Michael T. McCaul
purchase
$15,001 - $50,000
56d late
30+ trades on file · most recent 2023-08-13
Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock
No Form 4 activity recorded in the last 180 days.
Bills Affecting FMSLive legislation impacting this stock
S.827 · 119th
Supporting Rural Veterans Access to Healthcare Services Act
HR.2001 · 119th
Action for Dental Health Act
HR.1860 · 119th
Women Veterans Cancer Care Coordination Act
HR.2068 · 119th
Veterans Patient Advocacy Act
HR.2020 · 119th
New Mexico Rural Veteran Health Care Access Act
S.999 · 119th
Public Health Improvement Act
HR.2062 · 119th
To amend the Internal Revenue Code of 1986 to treat membership in a health care sharing ministry as a medical expense, and for oth
HR.2085 · 119th
Mental Health Research Accelerator Act of 2025
HR.2045 · 119th
Medicare Dental, Vision, and Hearing Benefit Act of 2025
HR.2048 · 119th
Metastatic Breast Cancer Access to Care Act
Political ProfileWhere FMS sits in Washington
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STRUCTURAL: High government dependence via Medicare/Medicaid reimbursement and a $350.5M VA contract (`get_government_precedent`). EVIDENTIARY: No corporate insider buys in 180 days (`get_corporate_insider_signal.total_buys: 0`), no congressional trading, and zero lobbying spend or political contributions (`get_political_influence`). Net: High structural exposure is entirely unhedged by evidentiary political engagement, creating pure policy risk.
Regulatory ExposureThreats & opportunities
Regulatory threats
-
Changes to Medicare/Medicaid reimbursement rates for dialysis servicesCenters for Medicare & Medicaid Services (CMS)"High regulatory density inferred from sector; `Recent bill_impacts` shows 8 healthcare bills with material estimated revenue impacts."
Regulatory opportunities
-
Expansion of federal contracts for veteran dialysis servicesDepartment of Veterans Affairs"Existing $350.5M contract obligation from `get_government_precedent.federal_contracts_summary[0]`."
Member intelligence layer
Live signals + predictions for FMS — for Founders
The free page above gives you the public record. Members see the real-time intelligence layer on top of it:
- Live 7-layer signal scores when Congress trades FMS
- Bill Pass Index v2 odds for every bill on the watch list
- Iron Triangle alerts (committee × donor × trade)
- SEC Form 4 cluster detection (CEO + CFO + director buys)
- Whale-Opportunity expected-value ranking
- Custom watchlist alerts via email + Discord
Frequently AskedAbout FMS & political exposure
Does Fresenius Medical Care AG & Co. KGaA (FMS) hold federal contracts?
Yes. Fresenius Medical Care AG & Co. KGaA has 125 federal contract awards totaling $913,632,561, primarily from agencies including Department of Defense, Department of Justice, Department of Veterans Affairs. See full contract list and amounts on this page.
Has Congress traded FMS stock?
42 congressional trades by 6 unique members of Congress, most recently on 2023-07-10. See the Congressional Trading panel for politician-by-politician breakdown.
What is FMS political risk profile?
Government dependence: 85/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track FMS political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. FMS data is updated daily from these official federal sources.