Butterfly Network
BFLY
198 hedge funds and large institutions have $418M invested in Butterfly Network in 2022 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 20 closing their positions.
208% more call options, than puts
Call options by funds: $8.27M | Put options by funds: $2.68M
90% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 20
55% more capital invested
Capital invested by funds: $271M → $418M (+$148M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more funds holding
Funds holding: 182 → 198 (+16)
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
0.64% more ownership
Funds ownership: 50.75% → 51.39% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$19.8M |
| 2 |
NAMA
Nikko Asset Management Americas
New York
|
+$2.17M |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$2.17M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.71M |
| 5 |
Millennium Management
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.38M |
| 2 |
Renaissance Technologies
New York
|
-$5.53M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.25M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$2.98M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.22M |
BFLY Hedge Fund Activity: Q3 2022 in Review
198 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q3 2022, worth a combined $418M — up 55% from $271M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BFLY positions and 20 closed out — a net gain of 18 holders — while 53 added to existing stakes and 50 trimmed.
The largest buyer was ARK Investment Management, adding an estimated $19.8M. The largest seller was Vanguard Group, cutting an estimated $6.38M.
- 198 institutional investors held Butterfly Network (BFLY) as of Q3 2022, up from 182 in Q2 2022.
- Funds reported $418M of Butterfly Network stock for Q3 2022, up 55% quarter-over-quarter.
- 38 funds opened new Butterfly Network positions in Q3 2022 and 20 closed out, a net change of +18 holders.
- The largest Butterfly Network buyer in Q3 2022 was ARK Investment Management, an estimated $19.8M added.
- The largest Butterfly Network seller in Q3 2022 was Vanguard Group, an estimated $6.38M sold.
Based on aggregated 13F filings for Q3 2022.