Brilliant Earth
BRLT
41 hedge funds and large institutions have $108M invested in Brilliant Earth in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.3% less ownership
Funds ownership: 297.54% → 296.24% (-1.3%)
2% less funds holding
Funds holding: 42 → 41 (-1)
18% less call options, than puts
Call options by funds: $28K | Put options by funds: $34K
20% less capital invested
Capital invested by funds: $136M → $108M (-$27.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$404K |
| 2 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
+$164K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$65.8K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$61.4K |
| 5 |
VF
Virtu Financial
New York
|
+$57.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$332K |
| 2 |
Morgan Stanley
New York
|
-$122K |
| 3 |
MG
Marex Group
London,
|
-$51.2K |
| 4 |
Jane Street
New York
|
-$44.5K |
| 5 |
PP
PDT Partners
New York
|
-$39.4K |
BRLT Hedge Fund Activity: Q1 2024 in Review
41 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q1 2024, worth a combined $108M — down 20% from $136M a quarter earlier.
Fund positioning in BRLT was balanced in Q1 2024: 5 funds opened new positions, 5 closed out, 12 added to existing stakes and 10 trimmed.
The largest buyer was Uniplan Investment Counsel, adding an estimated $404K. The largest seller was Ameriprise, cutting an estimated $332K.
- 41 institutional investors held Brilliant Earth (BRLT) as of Q1 2024, down from 42 in Q4 2023.
- Funds reported $108M of Brilliant Earth stock for Q1 2024, down 20% quarter-over-quarter.
- 5 funds opened new Brilliant Earth positions in Q1 2024 and 5 closed out, a net change of 0 holders.
- The largest Brilliant Earth buyer in Q1 2024 was Uniplan Investment Counsel, an estimated $404K added.
- The largest Brilliant Earth seller in Q1 2024 was Ameriprise, an estimated $332K sold.
Based on aggregated 13F filings for Q1 2024.