Butterfly Network
BFLY
168 hedge funds and large institutions have $54.8M invested in Butterfly Network in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 36 increasing their positions, 55 reducing their positions, and 31 closing their positions.
19% more call options, than puts
Call options by funds: $268K | Put options by funds: $226K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 31
2% less funds holding
Funds holding: 172 → 168 (-4)
7.2% less ownership
Funds ownership: 42.55% → 35.35% (-7.2%)
35% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 55
35% less capital invested
Capital invested by funds: $83.8M → $54.8M (-$29M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.45M |
| 2 |
Goldman Sachs
New York
|
+$966K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$962K |
| 4 |
D.E. Shaw & Co
New York
|
+$694K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$7.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$2.19M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.47M |
| 4 |
PHP
Parkman Healthcare Partners
Stamford,
Connecticut
|
-$810K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$746K |
BFLY Hedge Fund Activity: Q2 2024 in Review
168 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Butterfly Network (BFLY) for Q2 2024, worth a combined $54.8M — down 35% from $83.8M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BFLY and 29 opened new positions — a net loss of 2 holders — while 55 trimmed existing stakes and 36 added.
The largest buyer was Millennium Management, adding an estimated $1.45M. The largest seller was BlackRock, cutting an estimated $7.3M.
- 168 institutional investors held Butterfly Network (BFLY) as of Q2 2024, down from 172 in Q1 2024.
- Funds reported $54.8M of Butterfly Network stock for Q2 2024, down 35% quarter-over-quarter.
- 29 funds opened new Butterfly Network positions in Q2 2024 and 31 closed out, a net change of -2 holders.
- The largest Butterfly Network buyer in Q2 2024 was Millennium Management, an estimated $1.45M added.
- The largest Butterfly Network seller in Q2 2024 was BlackRock, an estimated $7.3M sold.
Based on aggregated 13F filings for Q2 2024.