Biote Corp
BTMD
83 hedge funds and large institutions have $99.6M invested in Biote Corp in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
11% more funds holding
Funds holding: 75 → 83 (+8)
2.69% more ownership
Funds ownership: 52.1% → 54.79% (+2.7%)
16% less capital invested
Capital invested by funds: $118M → $99.6M (-$18.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3C
325 Capital
New York
|
+$5.21M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.37M |
| 3 |
GC
Globeflex Capital
San Diego,
California
|
+$1.82M |
| 4 |
BlackRock
New York
|
+$806K |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$894K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$492K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$395K |
| 4 |
Walleye Capital
New York
|
-$385K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$363K |
BTMD Hedge Fund Activity: Q3 2024 in Review
83 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Biote Corp (BTMD) for Q3 2024, worth a combined $99.6M — down 16% from $118M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BTMD positions and 7 closed out — a net gain of 8 holders — while 31 added to existing stakes and 18 trimmed.
The largest buyer was 325 Capital, adding an estimated $5.21M. The largest seller was Millennium Management, exiting entirely with an estimated $894K sold.
- 83 institutional investors held Biote Corp (BTMD) as of Q3 2024, up from 75 in Q2 2024.
- Funds reported $99.6M of Biote Corp stock for Q3 2024, down 16% quarter-over-quarter.
- 15 funds opened new Biote Corp positions in Q3 2024 and 7 closed out, a net change of +8 holders.
- The largest Biote Corp buyer in Q3 2024 was 325 Capital, an estimated $5.21M added.
- The largest Biote Corp seller in Q3 2024 was Millennium Management, an estimated $894K sold.
Based on aggregated 13F filings for Q3 2024.