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Brilliant Earth

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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

2% less funds holding

Funds holding: 4645 (-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

Holders
45
Holders Change
-1
Holders Change %
-2.17%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
10
Reduced
13
Closed
8
Calls
$190K
Puts
$280K
Net Calls
-$90K
Net Calls Change
+$252K
Name Holding Trade Value Shares
Change
Change in
Stake
MMC
1
Mainsail Management Company
Texas
$125M
GH
2
GAM Holding
Switzerland
$3.96M
Vanguard Group
3
Vanguard Group
Pennsylvania
$3.72M -$73.2K -15,726 -2%
Ameriprise
4
Ameriprise
Minnesota
$3.49M +$452K +97,134 +12%
Capital World Investors
5
Capital World Investors
California
$3.39M
Barclays
6
Barclays
United Kingdom
$1.26M
UIC
7
Uniplan Investment Counsel
Wisconsin
$890K -$52.9K -11,365 -5%
AR
8
Advisory Research
Illinois
$645K -$218K -46,854 -22%
William Blair & Company
9
William Blair & Company
Illinois
$500K -$19.2K -4,116 -3%
BlackRock
10
BlackRock
New York
$448K
AC
11
Avestar Capital
New York
$364K +$7.91K +1,700 +2%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$364K
BCM
13
Bridgeway Capital Management
Texas
$349K -$19K -4,083 -4%
Renaissance Technologies
14
Renaissance Technologies
New York
$295K +$35.8K +7,700 +11%
Federated Hermes
15
Federated Hermes
Pennsylvania
$276K +$1.35K +291 +0.4%
Wells Fargo
16
Wells Fargo
California
$241K +$91.5K +19,664 +47%
Marshall Wace
17
Marshall Wace
United Kingdom
$222K -$87.9K -18,900 -25%
State Street
18
State Street
Massachusetts
$181K
Morgan Stanley
19
Morgan Stanley
New York
$166K +$16.3K +3,507 +9%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$129K -$21.5K -4,627 -12%
Northern Trust
21
Northern Trust
Illinois
$76.1K +$9.23K +1,983 +11%
Simplex Trading
22
Simplex Trading
Illinois
$66K +$25.2K +5,409 +47%
Goldman Sachs
23
Goldman Sachs
New York
$61K -$633 -136 -0.9%
Tudor Investment Corp
24
Tudor Investment Corp
Connecticut
$58K -$10.6K -2,277 -13%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$49.5K +$58.9K +12,662 New

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.