Brilliant Earth
BRLT
42 hedge funds and large institutions have $136M invested in Brilliant Earth in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 8 closing their positions.
25% more capital invested
Capital invested by funds: $108M → $136M (+$27.2M)
0% more funds holding
Funds holding: 42 → 42 (0)
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
2.31% less ownership
Funds ownership: 338.75% → 336.44% (-2.3%)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
27% less call options, than puts
Call options by funds: $16K | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MYDA Advisors
Woodmere,
New York
|
+$590K |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$115K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$93K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$78.9K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$44.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$354K |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$341K |
| 3 |
MPEM
Marathon Partners Equity Management
New York
|
-$216K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$213K |
| 5 |
MMC
Mainsail Management Company
Austin,
Texas
|
-$187K |
BRLT Hedge Fund Activity: Q4 2023 in Review
42 of the 6,870 institutional investors tracked by Wall St. Rank reported a position in Brilliant Earth (BRLT) for Q4 2023, worth a combined $136M — up 25% from $108M a quarter earlier.
Fund positioning in BRLT was balanced in Q4 2023: 8 funds opened new positions, 8 closed out, 11 added to existing stakes and 13 trimmed.
The largest buyer was MYDA Advisors, adding an estimated $590K. The largest seller was Federated Hermes, exiting entirely with an estimated $354K sold.
- 42 institutional investors held Brilliant Earth (BRLT) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $136M of Brilliant Earth stock for Q4 2023, up 25% quarter-over-quarter.
- 8 funds opened new Brilliant Earth positions in Q4 2023 and 8 closed out, a net change of 0 holders.
- The largest Brilliant Earth buyer in Q4 2023 was MYDA Advisors, an estimated $590K added.
- The largest Brilliant Earth seller in Q4 2023 was Federated Hermes, an estimated $354K sold.
Based on aggregated 13F filings for Q4 2023.