Belite Bio
BLTE
11 hedge funds and large institutions have $2.23M invested in Belite Bio in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 6 closing their positions.
0.5% less ownership
Funds ownership: 0.7% → 0.2% (-0.5%)
35% less funds holding
Funds holding: 17 → 11 (-6)
73% less capital invested
Capital invested by funds: $8.12M → $2.23M (-$5.89M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$44.8K |
| 2 |
GI
GAMMA Investing
Foster City,
California
|
+$1.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.73M |
| 2 |
AC
Armistice Capital
New York
|
-$1.65M |
| 3 |
JP Morgan Chase
New York
|
-$609K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$541K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$243K |
BLTE Hedge Fund Activity: Q1 2024 in Review
11 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Belite Bio (BLTE) for Q1 2024, worth a combined $2.23M — down 73% from $8.12M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BLTE and 0 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Point72 Asset Management, adding an estimated $44.8K. The largest seller was Morgan Stanley, cutting an estimated $1.73M.
- 11 institutional investors held Belite Bio (BLTE) as of Q1 2024, down from 17 in Q4 2023.
- Funds reported $2.23M of Belite Bio stock for Q1 2024, down 73% quarter-over-quarter.
- 0 funds opened new Belite Bio positions in Q1 2024 and 6 closed out, a net change of -6 holders.
- The largest Belite Bio buyer in Q1 2024 was Point72 Asset Management, an estimated $44.8K added.
- The largest Belite Bio seller in Q1 2024 was Morgan Stanley, an estimated $1.73M sold.
Based on aggregated 13F filings for Q1 2024.