Brilliant Earth
BRLT
47 hedge funds and large institutions have $77.2M invested in Brilliant Earth in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 20 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
6% less funds holding
Funds holding: 50 → 47 (-3)
8.92% less ownership
Funds ownership: 82.91% → 73.99% (-8.9%)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
46% less capital invested
Capital invested by funds: $143M → $77.2M (-$66.1M)
64% less call options, than puts
Call options by funds: $563K | Put options by funds: $1.58M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GH
GAM Holding
Zurich,
Switzerland
|
+$8.01M |
| 2 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
+$5.07M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$2.59M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$1.77M |
| 5 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$8.56M |
| 2 |
CCM
CAAS Capital Management
New York
|
-$5.18M |
| 3 |
JC
Jetstream Capital
Brentwood,
Tennessee
|
-$4.59M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$4.51M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$4.06M |
BRLT Hedge Fund Activity: Q1 2022 in Review
47 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q1 2022, worth a combined $77.2M — down 46% from $143M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BRLT and 17 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was GAM Holding, adding an estimated $8.01M. The largest seller was Artemis Investment Management, exiting entirely with an estimated $8.56M sold.
- 47 institutional investors held Brilliant Earth (BRLT) as of Q1 2022, down from 50 in Q4 2021.
- Funds reported $77.2M of Brilliant Earth stock for Q1 2022, down 46% quarter-over-quarter.
- 17 funds opened new Brilliant Earth positions in Q1 2022 and 20 closed out, a net change of -3 holders.
- The largest Brilliant Earth buyer in Q1 2022 was GAM Holding, an estimated $8.01M added.
- The largest Brilliant Earth seller in Q1 2022 was Artemis Investment Management, an estimated $8.56M sold.
Based on aggregated 13F filings for Q1 2022.