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Butterfly Network

199 hedge funds and large institutions have $203M invested in Butterfly Network in 2022 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 46 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

255% more call options, than puts

Call options by funds: $3.78M | Put options by funds: $1.06M

39% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 46

6% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 33

1% more funds holding

Funds holding: 198199 (+1)

4.03% less ownership

Funds ownership: 51.39%47.36% (-4%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

51% less capital invested

Capital invested by funds: $418M → $203M (-$215M)

Holders
199
Holders Change
+1
Holders Change %
+0.51%
% of All Funds
3.2%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
35
Increased
64
Reduced
46
Closed
33
Calls
$3.78M
Puts
$1.06M
Net Calls
+$2.71M
Net Calls Change
-$2.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$29.7M +$1.97M +550,097 +5%
FI
2
Fosun International
China
$26.4M
BlackRock
3
BlackRock
New York
$25.7M +$1.89M +527,822 +5%
AIM
4
ARK Investment Management
Florida
$24.6M -$3.02M -840,439 -8%
State Street
5
State Street
Massachusetts
$13.5M +$4.94M +1,377,253 +34%
GCM
6
Glenview Capital Management
New York
$13.4M
Fidelity Investments
7
Fidelity Investments
Massachusetts
$9M -$34.5M -9,610,264 -72%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$6.34M +$504K +140,365 +6%
Baillie Gifford & Co
9
Baillie Gifford & Co
United Kingdom
$5.24M +$186K +51,889 +2%
Cetera Investment Advisers
10
Cetera Investment Advisers
Illinois
$3.33M +$1.48M +411,475 +44%
Legal & General Group
11
Legal & General Group
United Kingdom
$3.32M +$2.09M +581,953 +76%
Northern Trust
12
Northern Trust
Illinois
$2.95M +$72.8K +20,282 +2%
Charles Schwab
13
Charles Schwab
California
$2.59M +$98.1K +27,331 +3%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$2.54M +$1.23M +342,755 +50%
GF
15
Gates Foundation
Washington
$2.49M
IP
16
Isthmus Partners
Wisconsin
$1.7M
Renaissance Technologies
17
Renaissance Technologies
New York
$1.54M +$1.83M +511,100 +446%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$1.31M +$121K +33,744 +7%
RJA
19
Raymond James & Associates
Florida
$1.3M -$70.3K -19,583 -4%
Wells Fargo
20
Wells Fargo
California
$1.29M +$1,000K +278,586 +113%
Citadel Advisors
21
Citadel Advisors
Florida
$1.25M -$2.86M -797,244 -61%
N
22
Nuveen
North Carolina
$1.22M -$238K -66,359 -12%
NAH
23
Neumann Advisory (HK)
Hong Kong
$1.2M
Two Sigma Investments
24
Two Sigma Investments
New York
$1.16M +$1.18M +327,746 +227%
ETC
25
Exchange Traded Concepts
Oklahoma
$1.02M +$645K +179,629 +76%

BFLY Hedge Fund Activity: Q4 2022 in Review

199 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q4 2022, worth a combined $203M — down 51% from $418M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new BFLY positions and 33 closed out — a net gain of 2 holders — while 64 added to existing stakes and 46 trimmed.

The largest buyer was State Street, adding an estimated $4.94M. The largest seller was Fidelity Investments, cutting an estimated $34.5M.

  • 199 institutional investors held Butterfly Network (BFLY) as of Q4 2022, up from 198 in Q3 2022.
  • Funds reported $203M of Butterfly Network stock for Q4 2022, down 51% quarter-over-quarter.
  • 35 funds opened new Butterfly Network positions in Q4 2022 and 33 closed out, a net change of +2 holders.
  • The largest Butterfly Network buyer in Q4 2022 was State Street, an estimated $4.94M added.
  • The largest Butterfly Network seller in Q4 2022 was Fidelity Investments, an estimated $34.5M sold.

Based on aggregated 13F filings for Q4 2022.