Brilliant Earth
BRLT
44 hedge funds and large institutions have $28.5M invested in Brilliant Earth in 2022 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 20 closing their positions.
1% less call options, than puts
Call options by funds: $298K | Put options by funds: $302K
6% less funds holding
Funds holding: 47 → 44 (-3)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
18.91% less ownership
Funds ownership: 73.99% → 55.08% (-19%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
63% less capital invested
Capital invested by funds: $77.2M → $28.5M (-$48.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$5.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$920K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$695K |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$634K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11M |
| 2 |
Millennium Management
New York
|
-$6.48M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$2.29M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.15M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$2.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Victory Capital Management
San Antonio,
Texas
| – | -$1.01M | -98,470 | Closed |
|
|
EAM
52
EFG Asset Management
Portland,
Oregon
| – | -$745K | -72,290 | Closed |
|
|
EGM
53
Engineers Gate Manager
New York
| – | -$343K | -33,334 | Closed |
|
|
ECM
54
ExodusPoint Capital Management
New York
| – | -$332K | -32,262 | Closed |
|
|
BFM
55
Boothbay Fund Management
New York
| – | -$300K | -29,128 | Closed |
|
56
Two Sigma Investments
New York
| – | -$275K | -26,727 | Closed |
|
|
AI
57
Atom Investors
Austin,
Texas
| – | -$213K | -20,653 | Closed |
|
58
Group One Trading
Chicago,
Illinois
| – | -$103K | -16,433 | Closed |
|
|
TI
59
Trexquant Investment
Stamford,
Connecticut
| – | -$139K | -13,464 | Closed |
|
|
DFCM
60
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$136K | -13,198 | Closed |
|
61
Acadian Asset Management
Boston,
Massachusetts
| – | -$38K | -3,720 | Closed |
|
|
QT
62
Quantbot Technologies
New York
| – | -$13K | -1,300 | Closed |
|
BRLT Hedge Fund Activity: Q2 2022 in Review
44 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q2 2022, worth a combined $28.5M — down 63% from $77.2M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BRLT and 17 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $5.4M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $11M sold.
- 44 institutional investors held Brilliant Earth (BRLT) as of Q2 2022, down from 47 in Q1 2022.
- Funds reported $28.5M of Brilliant Earth stock for Q2 2022, down 63% quarter-over-quarter.
- 17 funds opened new Brilliant Earth positions in Q2 2022 and 20 closed out, a net change of -3 holders.
- The largest Brilliant Earth buyer in Q2 2022 was Capital World Investors, an estimated $5.4M added.
- The largest Brilliant Earth seller in Q2 2022 was Driehaus Capital Management, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2022.