Establishment Labs
ESTA
25 hedge funds and large institutions have $128M invested in Establishment Labs in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 10 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
19% more capital invested
Capital invested by funds: $107M → $128M (+$20.9M)
1.14% more ownership
Funds ownership: 21.91% → 23.04% (+1.1%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
26% less funds holding
Funds holding: 34 → 25 (-9)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$7.23M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
+$3.25M |
| 3 |
PVI
Pura Vida Investments
New York
|
+$1.94M |
| 4 |
RI
RTW Investments
New York
|
+$1.77M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$3.25M |
| 2 |
BlackRock
New York
|
-$2.76M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.69M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.02M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$964K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRF
26
Waddell & Reed Financial
Overland Park,
Kansas
| – | -$3.25M | -135,000 | Closed |
|
|
SSA
27
Schonfeld Strategic Advisors
New York
| – | -$1.69M | -70,000 | Closed |
|
|
28
Point72 Asset Management
Stamford,
Connecticut
| – | -$1.02M | -42,522 | Closed |
|
|
29
Alyeska Investment Group
Chicago,
Illinois
| – | -$964K | -40,000 | Closed |
|
|
MWNA
30
Marshall Wace North America
New York
| – | -$407K | -16,893 | Closed |
|
|
FI
31
Fosun International
Hong Kong,
China
| – | -$182K | -10,100 | Closed |
|
32
Millennium Management
New York
| – | -$224K | -9,303 | Closed |
|
|
FIA
33
FNY Investment Advisers
New York
| – | -$150K | -6,250 | Closed |
|
34
Walleye Trading
New York
| – | -$36K | -1,502 | Closed |
|
|
CSS
35
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$12K | -508 | Closed |
|
ESTA Hedge Fund Activity: Q4 2018 in Review
25 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q4 2018, worth a combined $128M — up 19% from $107M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ESTA and 2 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Nantahala Capital Management, adding an estimated $7.23M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $3.25M sold.
- 25 institutional investors held Establishment Labs (ESTA) as of Q4 2018, down from 34 in Q3 2018.
- Funds reported $128M of Establishment Labs stock for Q4 2018, up 19% quarter-over-quarter.
- 2 funds opened new Establishment Labs positions in Q4 2018 and 10 closed out, a net change of -8 holders.
- The largest Establishment Labs buyer in Q4 2018 was Nantahala Capital Management, an estimated $7.23M added.
- The largest Establishment Labs seller in Q4 2018 was Waddell & Reed Financial, an estimated $3.25M sold.
Based on aggregated 13F filings for Q4 2018.