Better Home & Finance Holding
BETR
52 hedge funds and large institutions have $187M invested in Better Home & Finance Holding in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
30% more capital invested
Capital invested by funds: $144M → $187M (+$43.8M)
13% more funds holding
Funds holding: 46 → 52 (+6)
0.27% more ownership
Funds ownership: 1.09% → 1.36% (+0.27%)
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SB Management
Abu Dhabi,
United Arab Emirates
|
+$26.8M |
| 2 |
AWG
Alpha Wave Global
New York
|
+$13.5M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
+$5.15M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$5.11M |
| 5 |
JP Morgan Chase
New York
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.49M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.1M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$5.04M |
| 4 |
Millennium Management
New York
|
-$2.6M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.74M |
BETR Hedge Fund Activity: Q3 2021 in Review
52 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Better Home & Finance Holding (BETR) for Q3 2021, worth a combined $187M — up 30% from $144M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BETR positions and 6 closed out — a net gain of 6 holders — while 4 added to existing stakes and 13 trimmed.
The largest buyer was SB Management, opening a new position worth an estimated $26.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $7.49M sold.
- 52 institutional investors held Better Home & Finance Holding (BETR) as of Q3 2021, up from 46 in Q2 2021.
- Funds reported $187M of Better Home & Finance Holding stock for Q3 2021, up 30% quarter-over-quarter.
- 12 funds opened new Better Home & Finance Holding positions in Q3 2021 and 6 closed out, a net change of +6 holders.
- The largest Better Home & Finance Holding buyer in Q3 2021 was SB Management, an estimated $26.8M added.
- The largest Better Home & Finance Holding seller in Q3 2021 was Goldman Sachs, an estimated $7.49M sold.
Based on aggregated 13F filings for Q3 2021.