Butterfly Network (NYSE: BFLY) gains 11.8% beneficial owner in FMR LLC
Rhea-AI Filing Summary
Butterfly Network, Inc. received a Schedule 13G filing indicating that FMR LLC, an institutional investor, reported beneficial ownership of 28,952,296.89 shares of the company’s Class A common stock, representing 11.8% of the outstanding class. FMR LLC reports sole dispositive power over these shares and no shared voting or dispositive power.
Abigail P. Johnson is also listed as a reporting person with sole dispositive power over the same 28,952,296.89 shares, reflecting control through FMR LLC and its subsidiaries. One or more other persons may have rights to dividends or sale proceeds, but no other individual holder exceeds 5% of the Class A common stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 28,952,296.89 shares
Percent of class owned: 11.8 %
Sole voting power: 28,943,743.00 shares
+3 more
6 metrics
Beneficially owned shares
28,952,296.89 shares
Class A common stock beneficially owned by FMR LLC and Abigail P. Johnson
Percent of class owned
11.8 %
Percentage of Butterfly Network Class A common stock reported as beneficially owned
Sole voting power
28,943,743.00 shares
Shares of Butterfly Network Class A common stock with sole voting power for FMR LLC cover page
Shared voting power
0.00 shares
Shares of Butterfly Network Class A common stock with shared voting power
Sole dispositive power
28,952,296.89 shares
Shares of Butterfly Network Class A common stock over which FMR LLC has sole dispositive power
Shared dispositive power
0.00 shares
Shares of Butterfly Network Class A common stock with shared dispositive power
Key Terms
Schedule 13G, beneficially owned, sole dispositive power, sole voting power, +1 more
5 terms
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 28952296.89"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole Dispositive Power 28,952,296.89"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting power financial
"Sole Voting Power 28,943,743.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
percent of class financial
"Percent of class: 11.8 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Butterfly Network (BFLY) does FMR LLC report owning?
FMR LLC reports beneficial ownership of 11.8% of Butterfly Network’s Class A common stock. This corresponds to 28,952,296.89 shares, over which FMR LLC has sole dispositive power and no shared voting or dispositive power.
What is Abigail P. Johnson’s reported stake in Butterfly Network (BFLY)?
Abigail P. Johnson is listed with sole dispositive power over 28,952,296.89 Butterfly Network Class A shares, representing 11.8% of the class. This reflects her control through FMR LLC and its direct and indirect subsidiaries as described in the filing.
Does any other single holder besides FMR LLC own over 5% of Butterfly Network (BFLY) according to this filing?
The filing states that no other person has an interest in Butterfly Network’s Class A common stock exceeding 5%. However, one or more other persons may have rights to receive dividends or sale proceeds linked to the reported FMR LLC-held shares.
What voting and dispositive powers does FMR LLC report for its Butterfly Network (BFLY) position?
FMR LLC reports sole dispositive power over 28,952,296.89 shares and references sole voting power information on the cover page. It reports 0.00 shares with shared voting power and 0.00 shares with shared dispositive power in this Schedule 13G.