Brilliant Earth
BRLT
45 hedge funds and large institutions have $147M invested in Brilliant Earth in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
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: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 46 → 45 (-1)
10% less capital invested
Capital invested by funds: $163M → $147M (-$16.3M)
21.14% less ownership
Funds ownership: 345.12% → 323.98% (-21%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
32% less call options, than puts
Call options by funds: $190K | Put options by funds: $280K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$452K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$91.5K |
| 3 |
D.E. Shaw & Co
New York
|
+$58.9K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$58.8K |
| 5 |
PP
PDT Partners
New York
|
+$56.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.11M |
| 2 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$220K |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$218K |
| 4 |
Millennium Management
New York
|
-$175K |
| 5 |
Two Sigma Investments
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
51
Boothbay Fund Management
New York
| – | -$43.1K | -10,000 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | -$34 | -8 | Closed |
|
BRLT Hedge Fund Activity: Q1 2023 in Review
45 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q1 2023, worth a combined $147M — down 10% from $163M a quarter earlier.
Fund positioning in BRLT was balanced in Q1 2023: 8 funds opened new positions, 8 closed out, 10 added to existing stakes and 13 trimmed.
The largest buyer was Ameriprise, adding an estimated $452K. The largest seller was Putnam Investments, exiting entirely with an estimated $1.11M sold.
- 45 institutional investors held Brilliant Earth (BRLT) as of Q1 2023, down from 46 in Q4 2022.
- Funds reported $147M of Brilliant Earth stock for Q1 2023, down 10% quarter-over-quarter.
- 8 funds opened new Brilliant Earth positions in Q1 2023 and 8 closed out, a net change of 0 holders.
- The largest Brilliant Earth buyer in Q1 2023 was Ameriprise, an estimated $452K added.
- The largest Brilliant Earth seller in Q1 2023 was Putnam Investments, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2023.