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Butterfly Network
BFLY

172 hedge funds and large institutions have $83.8M invested in Butterfly Network in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 68 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more call options, than puts

Call options by funds: $421K | Put options by funds: $360K

1% more funds holding

Funds holding: 170 → 172 (+2)

8% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 26

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

2% less capital invested

Capital invested by funds: $85.8M → $83.8M (-$1.95M)

1.4% less ownership

Funds ownership: 43.95% → 42.55% (-1.4%)

54% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 68

Holders
172
Holders Change
+2
Holders Change %
+1.18%
% of All Funds
2.48%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
28
Increased
31
Reduced
68
Closed
26
Calls
$421K
Puts
$360K
Net Calls
+$61K
Net Calls Change
-$464K

Top Buyers

1
SSA
Schonfeld Strategic Advisors
New York
+$2.07M
2
CA
Cetera Advisors
Colorado
+$1.24M
3
PHP
Parkman Healthcare Partners
Connecticut
+$804K
4
ACM
Archon Capital Management
Washington
+$349K
5
Vanguard Group
Vanguard Group
Pennsylvania
+$234K

Top Sellers

1
AIM
ARK Investment Management
Florida
-$2.57M
2
Citadel Advisors
Citadel Advisors
Florida
-$1.22M
3
Morgan Stanley
Morgan Stanley
New York
-$702K
4
HF
HRT Financial
New York
-$422K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$333K
Name Holding Trade Value Shares
Change 		Change in
Stake
Millennium Management
26
Millennium Management
New York
$455K +$199K +185,253 +79%
BCM
27
Bridgeway Capital Management
Texas
$430K +$212K +198,000 +99%
Rafferty Asset Management
28
Rafferty Asset Management
New York
$362K -$42.1K -39,277 -10%
ACM
29
Archon Capital Management
Washington
$352K +$349K +325,564 New
Morgan Stanley
30
Morgan Stanley
New York
$343K -$702K -654,677 -67%
Fidelity Investments
31
Fidelity Investments
Massachusetts
$300K -$7.71K -7,194 -3%
Citadel Advisors
32
Citadel Advisors
Florida
$294K -$1.22M -1,140,010 -81%
AllianceBernstein
33
AllianceBernstein
Tennessee
$280K – – –
Renaissance Technologies
34
Renaissance Technologies
New York
$253K +$186K +173,556 +286%
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$232K +$7.88K +7,352 +4%
Jane Street
36
Jane Street
New York
$224K -$168K -156,841 -43%
GAA
37
Green Alpha Advisors
Colorado
$180K +$4.93K +4,596 +3%
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$177K -$333K -310,207 -65%
Pathstone Holdings
39
Pathstone Holdings
New Jersey
$175K -$441 -411 -0.3%
Bank of America
40
Bank of America
North Carolina
$165K -$114K -105,872 -41%
UBS Group
41
UBS Group
Switzerland
$163K -$135K -126,033 -45%
LCS
42
Levin Capital Strategies
New York
$157K +$75K +70,000 +93%
Goldman Sachs
43
Goldman Sachs
New York
$152K -$173K -161,297 -53%
Acadian Asset Management
44
Acadian Asset Management
Massachusetts
$144K -$137K -127,815 -49%
T. Rowe Price Associates
45
T. Rowe Price Associates
Maryland
$135K +$9.31K +8,684 +8%
RJT
46
Raymond James Trust
Florida
$132K – – –
LPL Financial
47
LPL Financial
California
$127K -$4.21K -3,928 -3%
DAS
48
Dynamic Advisor Solutions
Arizona
$125K -$107 -100 -0.1%
RJFSA
49
Raymond James Financial Services Advisors
Florida
$114K -$39.5K -36,840 -26%
TCBWMS
50
Texas Capital Bank Wealth Management Services
Texas
$108K +$32.2K +30,000 +43%
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BFLY Hedge Fund Activity: Q1 2024 in Review

172 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q1 2024, worth a combined $83.8M — down 2.3% from $85.8M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BFLY positions and 26 closed out — a net gain of 2 holders — while 31 added to existing stakes and 68 trimmed.

The largest buyer was Schonfeld Strategic Advisors, opening a new position worth an estimated $2.07M. The largest seller was ARK Investment Management, cutting an estimated $2.57M.

  • 172 institutional investors held Butterfly Network (BFLY) as of Q1 2024, up from 170 in Q4 2023.
  • Funds reported $83.8M of Butterfly Network stock for Q1 2024, down 2.3% quarter-over-quarter.
  • 28 funds opened new Butterfly Network positions in Q1 2024 and 26 closed out, a net change of +2 holders.
  • The largest Butterfly Network buyer in Q1 2024 was Schonfeld Strategic Advisors, an estimated $2.07M added.
  • The largest Butterfly Network seller in Q1 2024 was ARK Investment Management, an estimated $2.57M sold.

Based on aggregated 13F filings for Q1 2024.