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Butterfly Network

183 hedge funds and large institutions have $963M invested in Butterfly Network in 2021 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 66 increasing their positions, 31 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

394% more call options, than puts

Call options by funds: $54.1M | Put options by funds: $11M

113% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 31

12% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 34

6.82% more ownership

Funds ownership: 48.11%54.92% (+6.8%)

2% more funds holding

Funds holding: 180183 (+3)

16% less capital invested

Capital invested by funds: $1.14B → $963M (-$181M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
183
Holders Change
+3
Holders Change %
+1.67%
% of All Funds
3.2%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.07%
New
38
Increased
66
Reduced
31
Closed
34
Calls
$54.1M
Puts
$11M
Net Calls
+$43.1M
Net Calls Change
+$13.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Skandinaviska Enskilda Banken (SEB)
26
Skandinaviska Enskilda Banken (SEB)
Sweden
$3.73M +$4.13M +357,480 New
Deutsche Bank
27
Deutsche Bank
Germany
$3.41M +$3.46M +299,790 +1,125%
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$3.32M -$5.3M -459,133 -59%
ETC
29
Exchange Traded Concepts
Oklahoma
$3.23M +$3.16M +273,290 +751%
Morgan Stanley
30
Morgan Stanley
New York
$3.2M -$1.72M -149,140 -33%
RJA
31
Raymond James & Associates
Florida
$2.99M +$1.32M +114,422 +66%
Jane Street
32
Jane Street
New York
$2.69M +$2.98M +257,796 New
GPC
33
Glen Point Capital
United Kingdom
$2.48M
Cetera Investment Advisers
34
Cetera Investment Advisers
Illinois
$2.34M -$213K -18,421 -8%
AllianceBernstein
35
AllianceBernstein
Tennessee
$2.31M +$1.33M +115,300 +109%
Swiss National Bank
36
Swiss National Bank
Switzerland
$2.28M
BWFA
37
Baltimore-Washington Financial Advisors
Maryland
$2.18M +$312K +27,051 +15%
CCM
38
Cohen Capital Management
California
$2.09M
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$1.99M +$549K +47,572 +33%
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$1.88M +$1.56M +135,172 +302%
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$1.84M +$1.67M +144,980 +460%
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$1.7M +$1.88M +163,026 New
AAA
43
Affinity Asset Advisors
New York
$1.57M +$577K +50,000 +50%
GLAM
44
Gardner Lewis Asset Management
Pennsylvania
$1.53M
HighTower Advisors
45
HighTower Advisors
Illinois
$1.5M +$34.2K +2,963 +2%
CS
46
Credit Suisse
Switzerland
$1.29M -$8.63K -747 -0.6%
N
47
Natixis
France
$1.29M -$104K -9,016 -7%
JP Morgan Chase
48
JP Morgan Chase
New York
$1.24M -$1.91M -165,618 -58%
GIM
49
Guild Investment Management
California
$1.22M +$210K +18,150 +18%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$1.17M +$969K +83,925 +302%

BFLY Hedge Fund Activity: Q3 2021 in Review

183 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q3 2021, worth a combined $963M — down 16% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new BFLY positions and 34 closed out — a net gain of 4 holders — while 66 added to existing stakes and 31 trimmed.

The largest buyer was BlackRock, adding an estimated $65.2M. The largest seller was Board of Trustees of The Leland Stanford Junior University, exiting entirely with an estimated $22.6M sold.

  • 183 institutional investors held Butterfly Network (BFLY) as of Q3 2021, up from 180 in Q2 2021.
  • Funds reported $963M of Butterfly Network stock for Q3 2021, down 16% quarter-over-quarter.
  • 38 funds opened new Butterfly Network positions in Q3 2021 and 34 closed out, a net change of +4 holders.
  • The largest Butterfly Network buyer in Q3 2021 was BlackRock, an estimated $65.2M added.
  • The largest Butterfly Network seller in Q3 2021 was Board of Trustees of The Leland Stanford Junior University, an estimated $22.6M sold.

Based on aggregated 13F filings for Q3 2021.