Biote Corp.

BTMD • NASDAQ

Biote Corp. is a medical - care facilities company in the healthcare sector on NASDAQ, led by Teresa S. Weber, with a market cap of $82.8M. As of Q3 2025, 49% of shares are held by 85 institutional investors, with 325 CAPITAL LLC as the largest holder at 14.35%.

Chief Executive OfficerTeresa S. Weber

Market Cap$82.8M

Medical - Care Facilities

Healthcare

Employees194.0

Websitebiote.com

Country

United States of America

Overview

Overview of institutional ownership in BTMD as of Q3 2025 with a market cap of $95.1M

All Institutions

Institutions: 85
Value Held: $46.6M
Shares Held: 15.5M
Avg Position: $548.5K
Median Position: $48.6K

Hedge Funds

Hedge Funds: 8
Value Held: $21.9M
Shares Held: 7.3M
Avg Position: $2.7M
Median Position: $312.5K

Ownership Breakdown

Institutional (non-HF)

26.03%

$24.7M

Hedge Funds

23.0%

$21.9M

Retail & Other

50.97%

$48.5M

Based on market cap of $95.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BTMD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
3 325 CAPITAL LLC Hedge Fund•Value	Michael Braner Managing Partner	$13.6M 4.15% of portfolio	14.35% 4.5M shares	Q1 2023 Held for 2y 8m	$329.1M
Bandera Partners LLC Hedge Fund•Value	Jefferson Philip Gramm Managing Partner	$6.9M 3.00% of portfolio	7.21% 2.3M shares	Q2 2023 Held for 2y 5m	$228.1M
B BlackRock, Inc. Institution	-	$5.2M 0.00% of portfolio	5.50% 1.7M shares	Q2 2023 Held for 2y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$4.3M 0.00% of portfolio	4.50% 1.4M shares	Q1 2023 Held for 2y 8m	$6.69T
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$2.1M 0.00% of portfolio	2.19% 694.6K shares	Q3 2023 Held for 2y 2m	$51.5B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.8M 0.00% of portfolio	1.93% 612.2K shares	Q1 2023 Held for 2y 8m	$1.57T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$1.7M 0.00% of portfolio	1.79% 567.2K shares	Q3 2023 Held for 2y 2m	$466.32B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.5M 0.00% of portfolio	1.61% 511.7K shares	Q2 2023 Held for 2y 5m	$2.88T
GLOBEFLEX CAPITAL L P Long Only Manager	Marina Loretta Marrelli CEO	$817.2K 0.13% of portfolio	0.86% 272.4K shares	Q3 2024 Held for 1y 2m	$644.8M
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$802.1K 0.00% of portfolio	0.84% 267.4K shares	Q1 2023 Held for 2y 8m	$782.01B

Net Capital Flow

Institutional buying and selling activity for BTMD in Q3 2025

Traded: −$2.2M
Buyers: 33
Sellers: 50
Total Bought: +$1.4M
Total Sold: −$3.6M
Avg Position: $444.0K

Biggest Buyers

Institution	Net Bought	Current Position
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	+$316.1K +105.4K shares	$681.1K 227.0K shares
W Winton Capital Group Ltd Institution	+$308.8K +102.9K shares	$308.8K 102.9K shares
SANDERS MORRIS HARRIS INC. Long Only Manager	+$110.2K +36.7K shares	$253.8K 84.6K shares
J JANE STREET GROUP, LLC Institution	+$109.1K +36.4K shares	$148.3K 49.4K shares
OCCUDO QUANTITATIVE STRATEGIES LP Hedge Fund•Market Neutral	+$61.1K +20.4K shares	$61.1K 20.4K shares
GOLDMAN SACHS GROUP INC Institution	+$52.8K +17.6K shares	$251.3K 83.8K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$48.6K +16.2K shares	$48.6K 16.2K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$37.9K +12.6K shares	$56.0K 18.7K shares
PERRITT CAPITAL MANAGEMENT INC Long Only Manager	+$37.2K +12.4K shares	$420.8K 140.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$36.9K +12.3K shares	$578.1K 192.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$528.6K −131.5K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$478.1K −118.9K shares	Sold Off 0 shares
FIRST TRUST ADVISORS LP ETF Provider	−$296.1K −73.7K shares	Sold Off 0 shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$239.5K −79.8K shares	$428.2K 142.7K shares
Trexquant Investment LP Hedge Fund•Quant	−$189.7K −47.2K shares	Sold Off 0 shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	−$161.5K −53.8K shares	$439.5K 146.5K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$151.0K −50.3K shares	$1.7M 567.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$145.5K −36.2K shares	Sold Off 0 shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$137.6K −45.9K shares	$196.9K 65.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$135.7K −33.7K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BTMD in Q3 2025

New Positions: 5
New Value: $35.9K
Exited Positions: 20
Exited Value: $2.3M

New Positions

Institution	Position Value
F Fisher Asset Management, LLC Institution	$30.0K 10.0K shares
Newbridge Financial Services Group, Inc. RIA/Wealth	$3.0K 1.0K shares
Federation des caisses Desjardins du Quebec Fund of Funds	$1.4K 480.0 shares
O Optiver Holding B.V. Institution	$1.4K 480.0 shares
Sunbelt Securities, Inc. RIA/Wealth	$42.0 14.0 shares

Exited Positions

Institution	Previous Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$528.6K 131.5K shares
Marshall Wace LLP Institution	$478.1K 118.9K shares
FIRST TRUST ADVISORS LP ETF Provider	$296.1K 73.7K shares
Trexquant Investment LP Hedge Fund•Quant	$189.7K 47.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$145.5K 36.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$135.7K 33.7K shares
Topline Capital Management, LLC Hedge Fund•Long/Short	$115.0K 28.6K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	$91.3K 22.7K shares
IEQ CAPITAL, LLC RIA/Wealth	$67.4K 16.8K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	$66.2K 16.5K shares

Options Activity

Institutions with the largest Call and Put options positions in BTMD as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BTMD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
3 325 CAPITAL LLC Hedge Fund•Value	Michael Braner Managing Partner	4.15% $13.6M	14.35% 4.5M shares	Q1 2023 Held for 2y 8m	$329.1M
Bandera Partners LLC Hedge Fund•Value	Jefferson Philip Gramm Managing Partner	3.00% $6.9M	7.21% 2.3M shares	Q2 2023 Held for 2y 5m	$228.1M
PERRITT CAPITAL MANAGEMENT INC Long Only Manager	Mark J Buh President	0.20% $420.8K	0.44% 140.3K shares	Q3 2024 Held for 1y 2m	$211.0M
GLOBEFLEX CAPITAL L P Long Only Manager	Marina Loretta Marrelli CEO	0.13% $817.2K	0.86% 272.4K shares	Q3 2024 Held for 1y 2m	$644.8M
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	0.04% $681.1K	0.72% 227.0K shares	Q2 2025 Held for 5 months	$1.8B
SANDERS MORRIS HARRIS INC. Long Only Manager	Anthony Paul Coniaris Chairman	0.03% $253.8K	0.27% 84.6K shares	Q2 2024 Held for 1y 5m	$750.1M
S SHERBROOKE PARK ADVISERS LLC Hedge Fund•Quant	Kun Gao Founder	0.03% $63.0K	0.07% 21.0K shares	Q3 2024 Held for 1y 2m	$215.3M
W Winton Capital Group Ltd Institution	-	0.01% $308.8K	0.32% 102.9K shares	Q3 2025 Held for 2 months	$2.7B
Heron Bay Capital Management RIA/Wealth	Paul Clark Seizert Managing Partner	0.01% $52.2K	0.05% 17.4K shares	Q2 2025 Held for 5 months	$535.8M
GDS Wealth Management RIA/Wealth	Glen David Smith President	0.01% $128.4K	0.14% 42.8K shares	Q2 2024 Held for 1y 5m	$1.5B

Hedge Fund Spotlight

Discover hedge funds investing in BTMD

325 CAPITAL LLC

Hedge Fund • Value

Portfolio ManagerMichael Braner

Portfolio Value: $329.1M
Positions: 12
Last Reported: Q3 2025

Sector Allocation

Position in Biote Corp.

Market Value: $13.6M
Shares Held: 4.5M
Portfolio Weight: 4.15%
Owned Since: 2023-Q1

Top Holding	Sector	Market Value	Weight
1 Astronics ATRO	Aerospace & Defense Industrials	$62.1M	18.86%
2 American Public Education APEI	Education & Training Services Consumer Defensive	$60.3M	18.33%
3 Blue Bird Corporation BLBD	Auto - Manufacturers Consumer Cyclical	$44.5M	13.52%