Butterfly Network
BFLY
174 hedge funds and large institutions have $227M invested in Butterfly Network in 2024 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 43 increasing their positions, 35 reducing their positions, and 23 closing their positions.
236% more call options, than puts
Call options by funds: $5.31M | Put options by funds: $1.58M
126% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 23
112% more capital invested
Capital invested by funds: $107M → $227M (+$120M)
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
16% more funds holding
Funds holding: 150 → 174 (+24)
6.54% more ownership
Funds ownership: 32.48% → 39.03% (+6.5%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$10.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.14M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$3.54M |
| 4 |
BlackRock
New York
|
+$3.53M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$6.94M |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
-$3.14M |
| 3 |
Renaissance Technologies
New York
|
-$2.84M |
| 4 |
Citigroup
New York
|
-$1.2M |
| 5 |
NAH
Neumann Advisory (HK)
Central,
Hong Kong
|
-$839K |
BFLY Hedge Fund Activity: Q4 2024 in Review
174 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q4 2024, worth a combined $227M — up 112% from $107M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BFLY positions and 23 closed out — a net gain of 29 holders — while 43 added to existing stakes and 35 trimmed.
The largest buyer was First Light Asset Management, opening a new position worth an estimated $10.4M. The largest seller was ARK Investment Management, cutting an estimated $6.94M.
- 174 institutional investors held Butterfly Network (BFLY) as of Q4 2024, up from 150 in Q3 2024.
- Funds reported $227M of Butterfly Network stock for Q4 2024, up 112% quarter-over-quarter.
- 52 funds opened new Butterfly Network positions in Q4 2024 and 23 closed out, a net change of +29 holders.
- The largest Butterfly Network buyer in Q4 2024 was First Light Asset Management, an estimated $10.4M added.
- The largest Butterfly Network seller in Q4 2024 was ARK Investment Management, an estimated $6.94M sold.
Based on aggregated 13F filings for Q4 2024.