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Butterfly Network

196 hedge funds and large institutions have $434M invested in Butterfly Network in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 63 increasing their positions, 45 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $8.06M | Put options by funds: $3.71M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

40% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 45

19% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 31

2% more funds holding

Funds holding: 193196 (+3)

2.03% less ownership

Funds ownership: 54.83%52.8% (-2%)

31% less capital invested

Capital invested by funds: $626M → $434M (-$192M)

Holders
196
Holders Change
+3
Holders Change %
+1.55%
% of All Funds
3.09%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
37
Increased
63
Reduced
45
Closed
31
Calls
$8.06M
Puts
$3.71M
Net Calls
+$4.35M
Net Calls Change
+$1.39M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$2.04M +$54.5K +9,936 +2%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$1.76M +$93.6K +17,064 +5%
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$1.75M -$1.3M -236,337 -39%
CCM
29
Cohen Capital Management
California
$1.67M -$28.7K -5,223 -1%
HIC
30
Hartline Investment Corp
Illinois
$1.57M +$525K +95,676 +743%
Morgan Stanley
31
Morgan Stanley
New York
$1.51M -$82.6K -15,062 -5%
Deutsche Bank
32
Deutsche Bank
Germany
$1.29M -$131K -23,956 -8%
Rafferty Asset Management
33
Rafferty Asset Management
New York
$1.27M -$192K -35,048 -12%
Swiss National Bank
34
Swiss National Bank
Switzerland
$1.25M +$126K +22,900 +10%
Man Group
35
Man Group
United Kingdom
$1.16M +$770K +140,414 +137%
PP
36
Paloma Partners
Connecticut
$1.05M -$238K -43,465 -16%
CSS
37
Cubist Systematic Strategies
Connecticut
$1.02M +$721K +131,354 +160%
AllianceBernstein
38
AllianceBernstein
Tennessee
$902K -$173K -31,500 -14%
UBS AM
39
UBS AM
Illinois
$866K +$377K +68,634 +61%
Wells Fargo
40
Wells Fargo
California
$772K -$244K -44,555 -22%
Goldman Sachs
41
Goldman Sachs
New York
$765K +$3.63K +662 +0.4%
Bank of America
42
Bank of America
North Carolina
$743K +$211K +38,528 +33%
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$718K -$51.5K -9,377 -6%
GLAM
44
Gardner Lewis Asset Management
Pennsylvania
$688K
HighTower Advisors
45
HighTower Advisors
Illinois
$676K -$4.52K -823 -0.6%
Allspring Global Investments
46
Allspring Global Investments
North Carolina
$631K +$18.3K +3,333 +3%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$630K -$91.9K -16,755 -11%
Osaic Holdings
48
Osaic Holdings
Arizona
$571K +$199K +36,185 +98%
PPA
49
Parametric Portfolio Associates
Washington
$562K -$467K -85,138 -42%
JP Morgan Chase
50
JP Morgan Chase
New York
$547K +$72.1K +13,149 +13%

BFLY Hedge Fund Activity: Q1 2022 in Review

196 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q1 2022, worth a combined $434M — down 31% from $626M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new BFLY positions and 31 closed out — a net gain of 6 holders — while 63 added to existing stakes and 45 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $9.12M. The largest seller was Fidelity Investments, cutting an estimated $16.1M.

  • 196 institutional investors held Butterfly Network (BFLY) as of Q1 2022, up from 193 in Q4 2021.
  • Funds reported $434M of Butterfly Network stock for Q1 2022, down 31% quarter-over-quarter.
  • 37 funds opened new Butterfly Network positions in Q1 2022 and 31 closed out, a net change of +6 holders.
  • The largest Butterfly Network buyer in Q1 2022 was D.E. Shaw & Co, an estimated $9.12M added.
  • The largest Butterfly Network seller in Q1 2022 was Fidelity Investments, an estimated $16.1M sold.

Based on aggregated 13F filings for Q1 2022.