Biote Corp
BTMD
55 hedge funds and large institutions have $88.2M invested in Biote Corp in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 14 increasing their positions, 2 reducing their positions, and 7 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 2
400% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 7
107% more capital invested
Capital invested by funds: $42.6M → $88.2M (+$45.6M)
104% more funds holding
Funds holding: 27 → 55 (+28)
28.31% more ownership
Funds ownership: 34.93% → 63.25% (+28%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3C
325 Capital
New York
|
+$10.7M |
| 2 |
BP
Bandera Partners
New York
|
+$9.93M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.52M |
| 4 |
BlackRock
New York
|
+$3.54M |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$2.07M |
| 2 |
RA
RiverPark Advisors
New York
|
-$837K |
| 3 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$494K |
| 4 |
GECH
Garnet Equity Capital Holdings
New York
|
-$435K |
| 5 |
HF
HRT Financial
New York
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
51
Global Retirement Partners
San Rafael,
California
| $3.38K | – | – | – |
|
|
TWM
52
Tradition Wealth Management
Edina,
Minnesota
| $3K | +$2.4K | +404 | New |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $2.49K | +$1.55K | +261 | +244% |
|
54
Federated Hermes
Pittsburgh,
Pennsylvania
| $189 | +$166 | +28 | New |
|
55
Fidelity Investments
Boston,
Massachusetts
| $47 | +$42 | +7 | New |
|
|
RA
56
RiverPark Advisors
New York
| – | -$837K | -135,273 | Closed |
|
|
DC
57
Diametric Capital
Boston,
Massachusetts
| – | -$494K | -79,844 | Closed |
|
|
GECH
58
Garnet Equity Capital Holdings
New York
| – | -$435K | -70,325 | Closed |
|
|
HF
59
HRT Financial
New York
| – | -$325K | -52,643 | Closed |
|
|
PCM
60
Prelude Capital Management
New York
| – | -$162K | -26,191 | Closed |
|
|
SIM
61
Sandia Investment Management
Boston,
Massachusetts
| – | -$134K | -22,587 | Closed |
|
|
BFM
62
Boothbay Fund Management
New York
| – | -$105K | -16,940 | Closed |
|
BTMD Hedge Fund Activity: Q2 2023 in Review
55 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Biote Corp (BTMD) for Q2 2023, worth a combined $88.2M — up 107% from $42.6M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BTMD positions and 7 closed out — a net gain of 28 holders — while 14 added to existing stakes and 2 trimmed.
The largest buyer was 325 Capital, adding an estimated $10.7M. The largest seller was Cohanzick Management, cutting an estimated $2.07M.
- 55 institutional investors held Biote Corp (BTMD) as of Q2 2023, up from 27 in Q1 2023.
- Funds reported $88.2M of Biote Corp stock for Q2 2023, up 107% quarter-over-quarter.
- 35 funds opened new Biote Corp positions in Q2 2023 and 7 closed out, a net change of +28 holders.
- The largest Biote Corp buyer in Q2 2023 was 325 Capital, an estimated $10.7M added.
- The largest Biote Corp seller in Q2 2023 was Cohanzick Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q2 2023.