Butterfly Network
BFLY
172 hedge funds and large institutions have $83.8M invested in Butterfly Network in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 68 reducing their positions, and 26 closing their positions.
17% more call options, than puts
Call options by funds: $421K | Put options by funds: $360K
1% more funds holding
Funds holding: 170 → 172 (+2)
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $85.8M → $83.8M (-$1.95M)
1.4% less ownership
Funds ownership: 43.95% → 42.55% (-1.4%)
54% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 68
Top Buyers
Top Sellers
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$2.57M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.22M |
| 3 |
Morgan Stanley
New York
|
-$702K |
| 4 |
HF
HRT Financial
New York
|
-$422K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$333K |
BFLY Hedge Fund Activity: Q1 2024 in Review
172 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q1 2024, worth a combined $83.8M — down 2.3% from $85.8M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BFLY positions and 26 closed out — a net gain of 2 holders — while 31 added to existing stakes and 68 trimmed.
The largest buyer was Schonfeld Strategic Advisors, opening a new position worth an estimated $2.07M. The largest seller was ARK Investment Management, cutting an estimated $2.57M.
- 172 institutional investors held Butterfly Network (BFLY) as of Q1 2024, up from 170 in Q4 2023.
- Funds reported $83.8M of Butterfly Network stock for Q1 2024, down 2.3% quarter-over-quarter.
- 28 funds opened new Butterfly Network positions in Q1 2024 and 26 closed out, a net change of +2 holders.
- The largest Butterfly Network buyer in Q1 2024 was Schonfeld Strategic Advisors, an estimated $2.07M added.
- The largest Butterfly Network seller in Q1 2024 was ARK Investment Management, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2024.