Biote Corp
BTMD
54 hedge funds and large institutions have $67.4M invested in Biote Corp in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 12 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
2% less funds holding
Funds holding: 55 → 54 (-1)
18.36% less ownership
Funds ownership: 63.25% → 44.88% (-18%)
24% less capital invested
Capital invested by funds: $88.2M → $67.4M (-$20.9M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SW Investment Management
Telluride,
Colorado
|
+$3.84M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$822K |
| 3 |
BlackRock
New York
|
+$818K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$348K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$4.82M |
| 2 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$831K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$691K |
| 4 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
-$488K |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$351K |
BTMD Hedge Fund Activity: Q3 2023 in Review
54 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Biote Corp (BTMD) for Q3 2023, worth a combined $67.4M — down 24% from $88.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BTMD and 11 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 17 added.
The largest buyer was SW Investment Management, opening a new position worth an estimated $3.84M. The largest seller was Venator Capital Management, exiting entirely with an estimated $4.82M sold.
- 54 institutional investors held Biote Corp (BTMD) as of Q3 2023, down from 55 in Q2 2023.
- Funds reported $67.4M of Biote Corp stock for Q3 2023, down 24% quarter-over-quarter.
- 11 funds opened new Biote Corp positions in Q3 2023 and 12 closed out, a net change of -1 holder.
- The largest Biote Corp buyer in Q3 2023 was SW Investment Management, an estimated $3.84M added.
- The largest Biote Corp seller in Q3 2023 was Venator Capital Management, an estimated $4.82M sold.
Based on aggregated 13F filings for Q3 2023.