Biote Corp
BTMD
75 hedge funds and large institutions have $118M invested in Biote Corp in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 32 increasing their positions, 9 reducing their positions, and 6 closing their positions.
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
256% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 9
70% more capital invested
Capital invested by funds: $69.5M → $118M (+$48.5M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more funds holding
Funds holding: 54 → 75 (+21)
18.56% more ownership
Funds ownership: 33.53% → 52.1% (+19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.9M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.79M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.71M |
| 4 |
BP
Bandera Partners
New York
|
+$2.65M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$271K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$148K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$140K |
| 4 |
KL
KIM LLC
Wichita,
Kansas
|
-$66.7K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$63.2K |
BTMD Hedge Fund Activity: Q2 2024 in Review
75 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Biote Corp (BTMD) for Q2 2024, worth a combined $118M — up 70% from $69.5M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BTMD positions and 6 closed out — a net gain of 21 holders — while 32 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $3.9M. The largest seller was Boston Partners, cutting an estimated $271K.
- 75 institutional investors held Biote Corp (BTMD) as of Q2 2024, up from 54 in Q1 2024.
- Funds reported $118M of Biote Corp stock for Q2 2024, up 70% quarter-over-quarter.
- 27 funds opened new Biote Corp positions in Q2 2024 and 6 closed out, a net change of +21 holders.
- The largest Biote Corp buyer in Q2 2024 was BlackRock, an estimated $3.9M added.
- The largest Biote Corp seller in Q2 2024 was Boston Partners, an estimated $271K sold.
Based on aggregated 13F filings for Q2 2024.