Butterfly Network
BFLY
150 hedge funds and large institutions have $107M invested in Butterfly Network in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 30 increasing their positions, 45 reducing their positions, and 40 closing their positions.
141% more call options, than puts
Call options by funds: $1.47M | Put options by funds: $607K
95% more capital invested
Capital invested by funds: $54.8M → $107M (+$52.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.87% less ownership
Funds ownership: 35.35% → 32.48% (-2.9%)
11% less funds holding
Funds holding: 168 → 150 (-18)
33% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 45
40% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 40
Top Buyers
| 1 |
GCM
Glenview Capital Management
New York
|
+$2.41M |
| 2 |
Renaissance Technologies
New York
|
+$2.19M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$1.62M |
| 4 |
D.E. Shaw & Co
New York
|
+$923K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$622K |
Top Sellers
BFLY Hedge Fund Activity: Q3 2024 in Review
150 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q3 2024, worth a combined $107M — up 95% from $54.8M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of BFLY and 24 opened new positions — a net loss of 16 holders — while 45 trimmed existing stakes and 30 added.
The largest buyer was Glenview Capital Management, adding an estimated $2.41M. The largest seller was ARK Investment Management, cutting an estimated $2.89M.
- 150 institutional investors held Butterfly Network (BFLY) as of Q3 2024, down from 168 in Q2 2024.
- Funds reported $107M of Butterfly Network stock for Q3 2024, up 95% quarter-over-quarter.
- 24 funds opened new Butterfly Network positions in Q3 2024 and 40 closed out, a net change of -16 holders.
- The largest Butterfly Network buyer in Q3 2024 was Glenview Capital Management, an estimated $2.41M added.
- The largest Butterfly Network seller in Q3 2024 was ARK Investment Management, an estimated $2.89M sold.
Based on aggregated 13F filings for Q3 2024.