Who owns biote (BTMD)
Which tracked institutional funds hold BTMD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BTMD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
8 tracked funds added or opened BTMD while 4 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BTMD’s largest tracked holder by dollar value, 325 CAPITAL LLC, sizes it at 2.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in BTMD divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 70 tracked filers holding BTMD, 40 increased or opened the position and 48 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BTMD between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- MILLENNIUM MANAGEMENT LLC$824K
- CITADEL ADVISORS LLC$569K
Full exits 1
- ACADIAN ASSET MANAGEMENT LLC$938K
Largest adds
- 325 CAPITAL LLC$2M
- Bandera Partners LLC$1M
- VANGUARD CAPITAL MANAGEMENT LLC$580K
- UBS Group AG$427K
- AQR CAPITAL MANAGEMENT LLC$403K
- GOLDMAN SACHS GROUP INC$271K
Largest trims
- BlackRock, Inc.$2M
- STATE STREET CORP$661K
- GEODE CAPITAL MANAGEMENT, LLC$339K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| 325 CAPITAL LLC | 4,548,127 | $9M | 26.8% | 2026-Q2 |
| Bandera Partners LLC | 2,065,482 | $4M | 12.2% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 1,102,753 | $2M | 6.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 436,088 | $824K | 2.6% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 431,962 | $816K | 2.5% | 2026-Q2 |
| BlackRock, Inc. trimmed | 365,945 | $692K | 2.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 301,310 | $569K | 1.8% | 2026-Q2 |
| RICE HALL JAMES & ASSOCIATES, LLC added | 262,842 | $497K | 1.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 260,488 | $493K | 1.5% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 253,313 | $479K | 1.5% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 251,619 | $476K | 1.5% | 2026-Q2 |
| UBS Group AG added | 244,224 | $462K | 1.4% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 229,994 | $435K | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 215,384 | $407K | 1.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 168,611 | $319K | 1.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 153,907 | $291K | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 142,964 | $270K | 0.8% | 2026-Q2 |
| STATE STREET CORP trimmed | 112,244 | $212K | 0.7% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 111,605 | $200K | 0.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 103,307 | $195K | 0.6% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 71,418 | $135K | 0.4% | 2026-Q2 |
| Man Group plc added | 70,145 | $133K | 0.4% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 52,753 | $100K | 0.3% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 42,916 | $81K | 0.3% | 2026-Q2 |
| GDS Wealth Management | 42,789 | $81K | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 39,038 | $74K | 0.2% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 35,000 | $66K | 0.2% | 2026-Q2 |
| Rothschild Wealth LLC trimmed | 34,119 | $64K | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 33,353 | $63K | 0.2% | 2026-Q2 |
| FMR LLC added | 31,076 | $59K | 0.2% | 2026-Q2 |
| Abel Hall, LLC added | 30,427 | $58K | 0.2% | 2026-Q2 |
| Mariner, LLC added | 29,716 | $56K | 0.2% | 2026-Q2 |
| IEQ CAPITAL, LLC added | 29,188 | $55K | 0.2% | 2026-Q2 |
| First Heartland Consultants, Inc. | 24,500 | $46K | 0.1% | 2026-Q2 |
| Quadrature Capital Ltd added | 23,741 | $45K | 0.1% | 2026-Q2 |
| Williams & Novak, LLC trimmed | 22,910 | $43K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC added | 19,736 | $37K | 0.1% | 2026-Q2 |
| Cerity Partners LLC new | 17,992 | $34K | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 17,347 | $33K | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 15,272 | $29K | 0.1% | 2026-Q2 |
| Point72 Asset Management, L.P. new | 14,565 | $28K | 0.1% | 2026-Q2 |
| ZWJ INVESTMENT COUNSEL INC | 12,746 | $24K | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 12,250 | $23K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 11,727 | $22K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 8,765 | $15K | 0.0% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | 6,274 | $12K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC | 5,880 | $11K | 0.0% | 2026-Q2 |
| Arax Advisory Partners added | 5,414 | $10K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 2,626 | $5K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 1,563 | $3K | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. | 1,295 | $2K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC | 500 | $945 | 0.0% | 2026-Q2 |
| Allworth Financial LP added | 484 | $915 | 0.0% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec | 480 | $907 | 0.0% | 2026-Q2 |
| Essential Partners LLC added | 365 | $690 | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 318 | $601 | 0.0% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 313 | $592 | 0.0% | 2026-Q2 |
| Cornerstone Planning Group LLC new | 213 | $501 | 0.0% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 215 | $393 | 0.0% | 2026-Q2 |
| NISA INVESTMENT ADVISORS, LLC added | 197 | $372 | 0.0% | 2026-Q2 |
| ROTHSCHILD INVESTMENT LLC added | 125 | $236 | 0.0% | 2026-Q2 |
| True Wealth Design, LLC added | 109 | $207 | 0.0% | 2026-Q2 |
| IFP Advisors, Inc added | 53 | $100 | 0.0% | 2026-Q2 |
| Transamerica Financial Advisors, LLC | 51 | $96 | 0.0% | 2026-Q2 |
| Fortitude Family Office, LLC new | 45 | $85 | 0.0% | 2026-Q2 |
| SJS Investment Consulting Inc. added | 31 | $59 | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. | 20 | $38 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd added | 16 | $30 | 0.0% | 2026-Q2 |
| JPL Wealth Management, LLC new | 5 | $10 | 0.0% | 2026-Q2 |
| Clearstead Advisors, LLC trimmed | 4 | $8 | 0.0% | 2026-Q2 |
| ACADIAN ASSET MANAGEMENT LLC added | 697,855 | $938K | 2.9% | 2026-Q1 stale (1 quarter behind) |
| GLOBEFLEX CAPITAL L P | 272,400 | $368K | 1.1% | 2026-Q1 stale (1 quarter behind) |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 166,596 | $225K | 0.7% | 2026-Q1 stale (1 quarter behind) |
| STRS OHIO | 166,300 | $225K | 0.7% | 2026-Q1 stale (1 quarter behind) |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 101,947 | $138K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Bank of New York Mellon Corp trimmed | 69,673 | $94K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| DEUTSCHE BANK AG\ added | 64,965 | $88K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 42,188 | $57K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Nuveen, LLC | 36,459 | $49K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| FRANKLIN RESOURCES INC added | 29,928 | $40K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| ALLIANCEBERNSTEIN L.P. | 13,370 | $35K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| VANGUARD GROUP INC added | 1,444,733 | $4M | 11.7% | 2025-Q4 stale (2 quarters behind) |
| Perritt Capital Management Inc added | 146,250 | $380K | 1.2% | 2025-Q4 stale (2 quarters behind) |
| WINTON GROUP Ltd trimmed | 101,325 | $263K | 0.8% | 2025-Q4 stale (2 quarters behind) |
| Heron Bay Capital Management added | 31,893 | $83K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| XTX Topco Ltd added | 27,299 | $71K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| AMERIPRISE FINANCIAL INC | 21,621 | $56K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| INTECH INVESTMENT MANAGEMENT LLC added | 13,692 | $36K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| OCCUDO QUANTITATIVE STRATEGIES LP trimmed | 13,670 | $36K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| SANDERS MORRIS HARRIS LLC added | 84,608 | $254K | 0.8% | 2025-Q3 stale (3 quarters behind) |
| SHERBROOKE PARK ADVISERS LLC added | 21,005 | $63K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| ROYCE & ASSOCIATES LP added | 13,270 | $40K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| FIRST TRUST ADVISORS LP added | 73,669 | $296K | 0.9% | 2025-Q2 stale (4 quarters behind) |
| GatePass Capital, LLC added | 50,000 | $201K | 0.6% | 2025-Q2 stale (4 quarters behind) |
| Trexquant Investment LP trimmed | 47,193 | $190K | 0.6% | 2025-Q2 stale (4 quarters behind) |
| Topline Capital Management, LLC new | 28,595 | $115K | 0.4% | 2025-Q2 stale (4 quarters behind) |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 22,700 | $91K | 0.3% | 2025-Q2 stale (4 quarters behind) |
| Connor, Clark & Lunn Investment Management Ltd. new | 16,462 | $66K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| CAPTRUST FINANCIAL ADVISORS trimmed | 15,964 | $64K | 0.2% | 2025-Q2 stale (4 quarters behind) |
| Cubist Systematic Strategies, LLC trimmed | 10,560 | $42K | 0.1% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.