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Butterfly Network

193 hedge funds and large institutions have $626M invested in Butterfly Network in 2021 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $7.83M | Put options by funds: $4.87M

30% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 40

14% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 49

5% more funds holding

Funds holding: 183193 (+10)

0.09% less ownership

Funds ownership: 54.92%54.83% (-0.09%)

35% less capital invested

Capital invested by funds: $963M → $626M (-$336M)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
193
Holders Change
+10
Holders Change %
+5.46%
% of All Funds
2.97%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
52
Increased
56
Reduced
49
Closed
40
Calls
$7.83M
Puts
$4.87M
Net Calls
+$2.96M
Net Calls Change
-$40.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$108M +$25.4M +2,888,528 +22%
Vanguard Group
2
Vanguard Group
Pennsylvania
$88.2M +$3.88M +441,329 +3%
FI
3
Fosun International
China
$71.7M
BlackRock
4
BlackRock
New York
$58.9M -$20.6M -2,340,003 -21%
AIM
5
ARK Investment Management
Florida
$51M +$3.74M +425,698 +6%
GCM
6
Glenview Capital Management
New York
$33.2M
State Street
7
State Street
Massachusetts
$26.1M +$1.94M +220,586 +6%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$14.5M -$3.89M -442,686 -17%
Baillie Gifford & Co
9
Baillie Gifford & Co
United Kingdom
$13.9M +$515K +58,530 +3%
PHS
10
PFM Health Sciences
California
$12.2M
Northern Trust
11
Northern Trust
Illinois
$8.15M -$3.7M -420,829 -26%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$7.88M -$35.4K -4,029 -0.3%
Legal & General Group
13
Legal & General Group
United Kingdom
$7.87M +$4.64M +527,988 +81%
GF
14
Gates Foundation
Washington
$6.8M
William Blair Investment Management
15
William Blair Investment Management
Illinois
$6.78M -$79K -8,988 -0.9%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$6.08M +$6.02M +685,045 +305%
Charles Schwab
17
Charles Schwab
California
$6.07M -$1.01M -114,316 -11%
Voloridge Investment Management
18
Voloridge Investment Management
Florida
$5.13M +$6.75M +767,413 New
Citadel Advisors
19
Citadel Advisors
Florida
$5.08M -$283K -32,177 -4%
IP
20
Isthmus Partners
Wisconsin
$4.61M
N
21
Nuveen
North Carolina
$4.11M -$3.11M -353,651 -37%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$4.04M +$2.51M +284,960 +90%
NAH
23
Neumann Advisory (HK)
Hong Kong
$3.71M
ETC
24
Exchange Traded Concepts
Oklahoma
$3.45M +$1.81M +205,812 +66%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$3.2M +$2.78M +315,860 +194%

BFLY Hedge Fund Activity: Q4 2021 in Review

193 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q4 2021, worth a combined $626M — down 35% from $963M a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new BFLY positions and 40 closed out — a net gain of 12 holders — while 56 added to existing stakes and 49 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $25.4M. The largest seller was BlackRock, cutting an estimated $20.6M.

  • 193 institutional investors held Butterfly Network (BFLY) as of Q4 2021, up from 183 in Q3 2021.
  • Funds reported $626M of Butterfly Network stock for Q4 2021, down 35% quarter-over-quarter.
  • 52 funds opened new Butterfly Network positions in Q4 2021 and 40 closed out, a net change of +12 holders.
  • The largest Butterfly Network buyer in Q4 2021 was Fidelity Investments, an estimated $25.4M added.
  • The largest Butterfly Network seller in Q4 2021 was BlackRock, an estimated $20.6M sold.

Based on aggregated 13F filings for Q4 2021.