Butterfly Network
BFLY
185 hedge funds and large institutions have $199M invested in Butterfly Network in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 69 increasing their positions, 30 reducing their positions, and 18 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 30
47% more call options, than puts
Call options by funds: $2.94M | Put options by funds: $2M
39% more capital invested
Capital invested by funds: $143M → $199M (+$55.6M)
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
5.65% more ownership
Funds ownership: 43.03% → 48.68% (+5.7%)
2% more funds holding
Funds holding: 181 → 185 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$7.38M |
| 2 |
Legal & General Group
London,
United Kingdom
|
+$6.08M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.54M |
| 4 |
BlackRock
New York
|
+$1.52M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.24M |
| 2 |
Renaissance Technologies
New York
|
-$805K |
| 3 |
D.E. Shaw & Co
New York
|
-$777K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$228K |
| 5 |
Jane Street
New York
|
-$149K |
BFLY Hedge Fund Activity: Q2 2023 in Review
185 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q2 2023, worth a combined $199M — up 39% from $143M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BFLY positions and 18 closed out — a net gain of 5 holders — while 69 added to existing stakes and 30 trimmed.
The largest buyer was ARK Investment Management, adding an estimated $7.38M. The largest seller was Citadel Advisors, cutting an estimated $1.24M.
- 185 institutional investors held Butterfly Network (BFLY) as of Q2 2023, up from 181 in Q1 2023.
- Funds reported $199M of Butterfly Network stock for Q2 2023, up 39% quarter-over-quarter.
- 23 funds opened new Butterfly Network positions in Q2 2023 and 18 closed out, a net change of +5 holders.
- The largest Butterfly Network buyer in Q2 2023 was ARK Investment Management, an estimated $7.38M added.
- The largest Butterfly Network seller in Q2 2023 was Citadel Advisors, an estimated $1.24M sold.
Based on aggregated 13F filings for Q2 2023.