Butterfly Network
BFLY
196 hedge funds and large institutions have $434M invested in Butterfly Network in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 63 increasing their positions, 45 reducing their positions, and 31 closing their positions.
117% more call options, than puts
Call options by funds: $8.06M | Put options by funds: $3.71M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 45
19% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 31
2% more funds holding
Funds holding: 193 → 196 (+3)
2.03% less ownership
Funds ownership: 54.83% → 52.8% (-2%)
31% less capital invested
Capital invested by funds: $627M → $434M (-$192M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$9.12M |
| 2 |
Renaissance Technologies
New York
|
+$6.78M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.26M |
| 4 |
Two Sigma Investments
New York
|
+$2.99M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.1M |
| 2 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$12.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.88M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.78M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$3.85M |
BFLY Hedge Fund Activity: Q1 2022 in Review
196 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q1 2022, worth a combined $434M — down 31% from $627M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BFLY positions and 31 closed out — a net gain of 6 holders — while 63 added to existing stakes and 45 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $9.12M. The largest seller was Fidelity Investments, cutting an estimated $16.1M.
- 196 institutional investors held Butterfly Network (BFLY) as of Q1 2022, up from 193 in Q4 2021.
- Funds reported $434M of Butterfly Network stock for Q1 2022, down 31% quarter-over-quarter.
- 37 funds opened new Butterfly Network positions in Q1 2022 and 31 closed out, a net change of +6 holders.
- The largest Butterfly Network buyer in Q1 2022 was D.E. Shaw & Co, an estimated $9.12M added.
- The largest Butterfly Network seller in Q1 2022 was Fidelity Investments, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2022.