Brilliant Earth
BRLT
45 hedge funds and large institutions have $37M invested in Brilliant Earth in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 10 closing their positions.
30% more capital invested
Capital invested by funds: $28.5M → $37M (+$8.54M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
4.54% more ownership
Funds ownership: 55.08% → 59.62% (+4.5%)
2% more funds holding
Funds holding: 44 → 45 (+1)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
66% less call options, than puts
Call options by funds: $198K | Put options by funds: $581K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$4.99M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.34M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$1.09M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$736K |
| 5 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
-$2.76M |
| 2 |
GH
GAM Holding
Zurich,
Switzerland
|
-$1.73M |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
-$778K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$526K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DU
51
Delphia (USA)
Toronto,
Ontario, Canada
| – | -$79K | -16,534 | Closed |
|
|
CC
52
Corton Capital
Carrying Place,
Ontario, Canada
| – | -$72K | -15,109 | Closed |
|
|
OQS
53
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$58K | -12,278 | Closed |
|
|
CP
54
Castleview Partners
Dallas,
Texas
| – | -$226K | -2,938 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | +$52 | +8 | New |
|
BRLT Hedge Fund Activity: Q3 2022 in Review
45 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q3 2022, worth a combined $37M — up 30% from $28.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BRLT positions and 10 closed out — a net gain of 1 holder — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Putnam Investments, opening a new position worth an estimated $4.99M. The largest seller was Stormborn Capital Management, exiting entirely with an estimated $2.76M sold.
- 45 institutional investors held Brilliant Earth (BRLT) as of Q3 2022, up from 44 in Q2 2022.
- Funds reported $37M of Brilliant Earth stock for Q3 2022, up 30% quarter-over-quarter.
- 11 funds opened new Brilliant Earth positions in Q3 2022 and 10 closed out, a net change of +1 holder.
- The largest Brilliant Earth buyer in Q3 2022 was Putnam Investments, an estimated $4.99M added.
- The largest Brilliant Earth seller in Q3 2022 was Stormborn Capital Management, an estimated $2.76M sold.
Based on aggregated 13F filings for Q3 2022.