Better Home & Finance Holding
BETR
38 hedge funds and large institutions have $77.7M invested in Better Home & Finance Holding in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 7 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
0.1% less ownership
Funds ownership: 0.97% → 0.87% (-0.1%)
10% less funds holding
Funds holding: 42 → 38 (-4)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
45% less capital invested
Capital invested by funds: $142M → $77.7M (-$64.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$435K |
| 2 |
GCM
Greenland Capital Management
New York
|
+$238K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$157K |
| 4 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$147K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
-$15.5M |
| 2 |
Morgan Stanley
New York
|
-$332K |
| 3 |
Jane Street
New York
|
-$100K |
| 4 |
Bank of New York Mellon
New York
|
-$50K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$35.1K |
BETR Hedge Fund Activity: Q1 2024 in Review
38 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Better Home & Finance Holding (BETR) for Q1 2024, worth a combined $77.7M — down 45% from $142M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BETR and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 11 added.
The largest buyer was State Street, adding an estimated $435K. The largest seller was Catterton Management Company, exiting entirely with an estimated $15.5M sold.
- 38 institutional investors held Better Home & Finance Holding (BETR) as of Q1 2024, down from 42 in Q4 2023.
- Funds reported $77.7M of Better Home & Finance Holding stock for Q1 2024, down 45% quarter-over-quarter.
- 4 funds opened new Better Home & Finance Holding positions in Q1 2024 and 7 closed out, a net change of -3 holders.
- The largest Better Home & Finance Holding buyer in Q1 2024 was State Street, an estimated $435K added.
- The largest Better Home & Finance Holding seller in Q1 2024 was Catterton Management Company, an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2024.