Brilliant Earth
BRLT
46 hedge funds and large institutions have $163M invested in Brilliant Earth in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 9 closing their positions.
340% more capital invested
Capital invested by funds: $37M → $163M (+$126M)
285.5% more ownership
Funds ownership: 59.62% → 345.12% (+286%)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 45 → 46 (+1)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
72% less call options, than puts
Call options by funds: $135K | Put options by funds: $477K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$1.43M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$422K |
| 3 |
AC
Avestar Capital
New York
|
+$359K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$262K |
| 5 |
Goldman Sachs
New York
|
+$94.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.08M |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
-$1.43M |
| 3 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
-$430K |
| 4 |
D.E. Shaw & Co
New York
|
-$345K |
| 5 |
Barclays
London,
United Kingdom
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
51
Bellevue Asset Management
Bellevue,
Washington
| – | -$6K | -1,000 | Closed |
|
|
CG
52
Cutler Group
San Francisco,
California
| – | -$2.99K | -500 | Closed |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| – | -$4K | -222 | Closed |
|
|
BIA
54
Bell Investment Advisors
Oakland,
California
| – | -$1K | -106 | Closed |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$198 | +33 | New |
|
BRLT Hedge Fund Activity: Q4 2022 in Review
46 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q4 2022, worth a combined $163M — up 340% from $37M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BRLT positions and 9 closed out — a net gain of 1 holder — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Uniplan Investment Counsel, opening a new position worth an estimated $1.43M. The largest seller was Putnam Investments, cutting an estimated $3.08M.
- 46 institutional investors held Brilliant Earth (BRLT) as of Q4 2022, up from 45 in Q3 2022.
- Funds reported $163M of Brilliant Earth stock for Q4 2022, up 340% quarter-over-quarter.
- 10 funds opened new Brilliant Earth positions in Q4 2022 and 9 closed out, a net change of +1 holder.
- The largest Brilliant Earth buyer in Q4 2022 was Uniplan Investment Counsel, an estimated $1.43M added.
- The largest Brilliant Earth seller in Q4 2022 was Putnam Investments, an estimated $3.08M sold.
Based on aggregated 13F filings for Q4 2022.