Vault-13

BIOTE CORP BTMD

CLASS A COM · Common Stock · CUSIP 090683103

55 institutional holders -1 vs Q2 2023
13,155,70913.2m shares reported held*
$67.4mreported value*
10 new 17 added 13 reduced 12 sold out net bought ≈ $538.3k (+76.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $5.12.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 17Q4 22: 17Q1 23: 28Q2 23: 56Q3 23: 5555Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202217
Q4 202217
Q1 202328
Q2 202356
Q3 202355

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 6 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 21 bought or addedQ1 23: 9 cut or sold outQ1 23Q2 23: 49 bought or addedQ2 23: 9 cut or sold outQ2 23Q3 23: 27 bought or addedQ3 23: 25 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202267
Q1 2023219
Q2 2023499
Q3 20232725

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100k$200k$300k$400kQ4 22 calls: $186.5kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $309.5kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $161.0kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$186.5k$00.00
Q1 2023$309.5k$00.00
Q2 2023$161.0k$00.00
Q3 2023$0$0—

Biggest buyers

SW Investment Management LLC New +652,349+652.3k
ACADIAN ASSET MANAGEMENT LLC New +139,565+139.6k
BlackRock Inc. Added +138,866+138.9k
BANK OF AMERICA CORP /DE/ Added +59,051+59.1k
DIMENSIONAL FUND ADVISORS LP New +51,489+51.5k
Mesirow Financial Investment Management, Inc. New +48,187+48.2k
VANGUARD GROUP INC Added +32,252+32.3k
Bandera Partners LLC Added +32,214+32.2k
WINTON GROUP Ltd New +30,934+30.9k
Invesco Ltd. New +30,225+30.2k

Biggest sellers

Venator Capital Management Ltd. Sold out -712,500-712.5k
Cohanzick Management, LLC Sold out -151,907-151.9k
Boston Partners Reduced -117,218-117.2k
Kanen Wealth Management LLC Sold out -72,185-72.2k
Skylands Capital, LLC Reduced -59,506-59.5k
Silver Rock Financial LP Sold out -46,426-46.4k
SANDERS MORRIS HARRIS LLC Sold out -45,615-45.6k
RENAISSANCE TECHNOLOGIES LLC Reduced -41,844-41.8k
Westchester Capital Management, LLC Sold out -22,996-23.0k
HighTower Advisors, LLC Reduced -16,393-16.4k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Roystone Management Holdings LLC 13D · may seek influence new · filed 2025-06-12
Stated purposeThe Reporting Persons originally acquired the Common Stock for investment purposes. The Reporting Persons are filing this initial Schedule 13D to report that Richard Barrera, managing member of the Manager, was appointed to the Issuer's board of directors (the "Board") on June 5, 2025. For more information, please see the Issuer's Current Report on Form 8-K, filed with the SEC on June 9, 2025, which is incorporated herein by reference. Except as otherwise set forth herein, the Reporting Persons do not have any present plans or proposals which would relate to, or result in, the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D. However, subject to market conditions and in compliance with applicable securities laws, the Reporting Persons reserve the right, at a later … Full filing
14.0% new 4.6m≈ $8.7m 2025-06-12
Roystone Capital Management LP 13G · passive investor filed 2025-03-18 12.0% 3.9m≈ $7.4m 2025-03-18
AGARWAL AMIT MOHAN 13G · passive investor +0.8 pts · filed 2026-09-18 8.4% +0.8 pts 2.4m≈ $4.5m 2026-09-18
Bandera Partners LLC 13G · passive investor filed 2026-05-13 6.4% 2.1m≈ $3.9m 2026-05-13

Fell to 5% or below in the last year: BlackRock, Inc. (1.2%, 2026-07-27)

Insider purchases and sales in Q3 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q4 21: 0 buyingQ4 21: 0 sellingQ1 22: 0 buyingQ1 22: 0 sellingQ1 22Q2 22: 0 buyingQ2 22: 0 sellingQ3 22: 0 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 4 buyingQ1 23: 2 sellingQ1 23Q2 23: 0 buyingQ2 23: 1 sellingQ3 23: 0 buyingQ3 23: 1 sellingQ3 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20210—0——
Q1 20220—0——
Q2 20220—0——
Q3 20220—0——
Q4 20220—0——
Q1 20234$979.0k2$2.6m—
Q2 20230—1$64.3k—
Q3 20230—1$40.6k—
DateInsiderTradeSharesPrice ValueTheir holding
2023-07-05 Conlon Mary Elizabeth General Counsel Sold 6,240 $6.50 $40.6k6.2k shares -4%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 325 CAPITAL LLC 15.91% of their portfolio NEW YORK, NY 3,766,6663.8m $19.3m $19.3m 15.91% Unchanged
2 Bandera Partners LLC 3.15% of their portfolio Brooklyn, NY 1,705,3221.7m $8.7m $8.7m 3.15% Added +32.2k +32,214
3 Kent Lake Capital LLC 2.56% of their portfolio RENO, NV 1,284,2971.3m $6.6m $6.6m 2.56% Added +10.6k +10,596
4 WASATCH ADVISORS LP 0.04% of their portfolio SALT LAKE CITY, UT 1,229,8781.2m $6.3m $6.3m 0.04% Added +15.4k +15,403
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,024,5381.0m $5.2m $5.2m 0.00% Added +32.3k +32,252
6 Boston Partners 0.01% of their portfolio BOSTON, MA 891,018891.0k $4.6m $4.6m 0.01% Reduced -117.2k -117,218
7 BlackRock Inc. 0.00% of their portfolio New York, NY 734,947734.9k $3.8m $3.8m 0.00% Added +138.9k +138,866
8 SW Investment Management LLC 1.49% of their portfolio Telluride, CO 652,349652.3k $3.3m $3.3m 1.49% New
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 328,796328.8k $1.7m $1.7m 0.00% Added +21.7k +21,745
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 242,379242.4k $1.2m $1.2m 0.00% Added +8.9k +8,944
11 Skylands Capital, LLC 0.15% of their portfolio Milwaukee, WI 195,400195.4k $1.0m $1.0m 0.15% Reduced -59.5k -59,506
12 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 139,565139.6k $712.0k $712.0k 0.00% New
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 121,289121.3k $621.0k $621.0k 0.00% Added +3.5k +3,494
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 68,48968.5k $350.7k $350.7k 0.00% Added +59.1k +59,051
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 54,16954.2k $277.3k $277.3k 0.00% Added +11.0k +11,034
16 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 51,48951.5k $263.6k $263.6k 0.00% New
17 Precept Management LLC 0.59% of their portfolio Dallas, TX 50,00050.0k $256.0k $256.0k 0.59% Unchanged
18 Mesirow Financial Investment Management, Inc. 1.07% of their portfolio CHICAGO, IL 48,18748.2k $246.7k $246.7k 1.07% New
19 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 46,86346.9k $240.0k $240.0k 0.00% Reduced -16.4k -16,393
20 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 46,09946.1k $236.0k $236.0k 0.00% Added +626 +626
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 39,11639.1k $200.3k $200.3k 0.00% Unchanged
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 37,91337.9k $194.1k $194.1k 0.00% Added +28.3k +28,314
23 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 31,51031.5k $161.3k $161.3k 0.00% Reduced -2.6k -2,624
24 WINTON GROUP Ltd 0.01% of their portfolio LONDON, X0 30,93430.9k $158.4k $158.4k 0.01% New
25 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 30,22530.2k $154.8k $154.8k 0.00% New
26 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 28,57728.6k $146.0k $146.0k 0.00% Reduced -41.8k -41,844
27 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 24,53824.5k $125.6k $125.6k 0.00% New
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 24,49024.5k $125.4k $125.4k 0.00% Added +21.7k +21,669
29 ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio Chicago, IL 23,60323.6k $120.8k $120.8k 0.00% New
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 20,95321.0k $108.0k $108.0k 0.00% Reduced -4.7k -4,710
31 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 19,34019.3k $99.0k $99.0k 0.00% New
32 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 18,64418.6k $95.5k $95.5k 0.00% Unchanged
33 ADVISORY RESEARCH INC 0.01% of their portfolio CHICAGO, IL 17,68917.7k $90.6k $90.6k 0.01% Unchanged
34 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 14,08014.1k $72.1k $72.1k 0.00% Added +1.1k +1,138
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,07414.1k $72.1k $72.1k 0.00% Reduced -2.1k -2,082
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 12,84512.8k $65.8k $65.8k 0.00% Unchanged
37 ZWJ INVESTMENT COUNSEL INC 0.00% of their portfolio Atlanta, GA 12,74612.7k $65.3k $65.3k 0.00% New
38 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,59911.6k $59.4k $59.4k 0.00% Unchanged
39 KIM, LLC 0.01% of their portfolio WICHITA, KS 11,50011.5k $58.9k $58.9k 0.01% Unchanged
40 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 8,4318.4k $43.2k $43.2k 0.00% Reduced -7.3k -7,269
41 SECURITY BENEFIT LIFE INSURANCE CO /KS/ 0.01% of their portfolio TOPEKA, KS 8,0508.1k $41.2k $41.2k 0.01% Unchanged
42 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,5017.5k $38.4k $38.4k 0.00% Reduced -713 -713
43 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 6,9867.0k $35.8k $35.8k 0.00% Added +247 +247
44 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,6245.6k $28.8k $28.8k 0.00% Added +5.3k +5,256
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,1813.2k $16.3k $16.3k 0.00% Reduced -2.4k -2,412
46 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 3,0893.1k $15.8k $15.8k 0.00% Reduced -1.6k -1,568
47 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 1,7121.7k $9.0k $9.0k 0.00% Unchanged
48 Legal & General Group Plc 0.00% of their portfolio London, X0 1,5461.5k $7.9k $7.9k 0.00% Unchanged
49 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,1561.2k $5.9k $5.9k 0.00% Unchanged
50 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 615615 $3.1k $3.1k 0.00% Reduced -3.6k -3,553
51 FMR LLC 0.00% of their portfolio BOSTON, MA 557557 $2.9k $2.9k 0.00% Added +550 +550
52 First Pacific Advisors, LP 0.00% of their portfolio EL SEGUNDO, CA 502502 $2.6k $2.6k 0.00% Reduced -1 -1
53 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 500500 $2.5k $2.5k 0.00% Unchanged
54 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 143143 $0 $0 0.00% First filing
55 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged