Biote Corp
BTMD
54 hedge funds and large institutions have $63M invested in Biote Corp in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 5 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more funds holding
Funds holding: 54 → 54 (0)
6% less capital invested
Capital invested by funds: $67.4M → $63M (-$4.33M)
7.29% less ownership
Funds ownership: 44.88% → 37.59% (-7.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.04M |
| 2 |
BlackRock
New York
|
+$1.22M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$739K |
| 4 |
BP
Bandera Partners
New York
|
+$657K |
| 5 |
Morgan Stanley
New York
|
+$454K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$5.71M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$810K |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$654K |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$315K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPA
51
First Pacific Advisors
El Segundo,
California
| $2.48K | – | – | – |
|
|
GRP
52
Global Retirement Partners
San Rafael,
California
| $2.31K | – | – | – |
|
53
Russell Investments Group
London,
United Kingdom
| $272 | +$283 | +55 | New |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $64 | +$67 | +13 | New |
|
|
55
Allspring Global Investments
Charlotte,
North Carolina
| – | -$126K | -24,538 | Closed |
|
|
ZIM
56
Zacks Investment Management
Chicago,
Illinois
| – | -$121K | -23,603 | Closed |
|
|
TI
57
Trexquant Investment
Stamford,
Connecticut
| – | -$99K | -19,340 | Closed |
|
|
AR
58
Advisory Research
Chicago,
Illinois
| – | -$90.6K | -17,689 | Closed |
|
BTMD Hedge Fund Activity: Q4 2023 in Review
54 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Biote Corp (BTMD) for Q4 2023, worth a combined $63M — down 6.4% from $67.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTMD positions and 5 closed out — a net gain of 1 holder — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.04M. The largest seller was Kent Lake Capital, cutting an estimated $5.71M.
- 54 institutional investors held Biote Corp (BTMD) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $63M of Biote Corp stock for Q4 2023, down 6.4% quarter-over-quarter.
- 6 funds opened new Biote Corp positions in Q4 2023 and 5 closed out, a net change of +1 holder.
- The largest Biote Corp buyer in Q4 2023 was Vanguard Group, an estimated $2.04M added.
- The largest Biote Corp seller in Q4 2023 was Kent Lake Capital, an estimated $5.71M sold.
Based on aggregated 13F filings for Q4 2023.