BFLY ranks #2497 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
BFLY is a top-conviction position for Fosun International Ltd — at 19.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in BFLY belongs to California State Teachers Retirement System, but the position matters far more to Fosun International Ltd, who has 19.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its BFLY position for two straight quarters, increasing it by $101.7M to reach $158.5M today.
Blair William & Co/il has trimmed its BFLY position for two straight quarters, cutting it by $392.4K while still holding $99.7K.
BFLY is down 7.1% today, but institutions show net buying of $253.0M this quarter — a divergence between today's price move and the underlying institutional flow.