Brilliant Earth
BRLT
48 hedge funds and large institutions have $145M invested in Brilliant Earth in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 45 → 48 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $147M → $145M (-$1.15M)
1.54% less ownership
Funds ownership: 323.98% → 322.44% (-1.5%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
17% less call options, than puts
Call options by funds: $212K | Put options by funds: $255K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$526K |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$239K |
| 3 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$195K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$157K |
| 5 |
MPEM
Marathon Partners Equity Management
New York
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$704K |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$244K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$222K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$188K |
| 5 |
AC
Avestar Capital
New York
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Two Sigma Advisers
New York
| – | -$43K | -11,000 | Closed |
|
|
XT
52
XTX Topco
George Town,
Cayman Islands
| – | -$39.7K | -10,141 | Closed |
|
BRLT Hedge Fund Activity: Q2 2023 in Review
48 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q2 2023, worth a combined $145M — down 0.78% from $147M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BRLT positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Uniplan Investment Counsel, adding an estimated $526K. The largest seller was Vanguard Group, cutting an estimated $704K.
- 48 institutional investors held Brilliant Earth (BRLT) as of Q2 2023, up from 45 in Q1 2023.
- Funds reported $145M of Brilliant Earth stock for Q2 2023, down 0.78% quarter-over-quarter.
- 7 funds opened new Brilliant Earth positions in Q2 2023 and 4 closed out, a net change of +3 holders.
- The largest Brilliant Earth buyer in Q2 2023 was Uniplan Investment Counsel, an estimated $526K added.
- The largest Brilliant Earth seller in Q2 2023 was Vanguard Group, an estimated $704K sold.
Based on aggregated 13F filings for Q2 2023.