Establishment Labs
ESTA
33 hedge funds and large institutions have $183M invested in Establishment Labs in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
14% more funds holding
Funds holding: 29 → 33 (+4)
2% less ownership
Funds ownership: 46.64% → 44.64% (-2%)
16% less capital invested
Capital invested by funds: $219M → $183M (-$35.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVI
Pura Vida Investments
New York
|
+$5.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.76M |
| 3 |
RI
RTW Investments
New York
|
+$3.37M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$2.17M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.49M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.96M |
| 3 |
Millennium Management
New York
|
-$526K |
| 4 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$446K |
| 5 |
BP
BBR Partners
New York
|
-$445K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
26
Marshall Wace North America
New York
| $99K | +$113K | +5,264 | New |
|
27
Barclays
London,
United Kingdom
| $59K | -$13.8K | -642 | -17% |
|
28
Morgan Stanley
New York
| $41K | – | – | – |
|
29
Victory Capital Management
San Antonio,
Texas
| $40K | +$45.8K | +2,131 | New |
|
30
Wells Fargo
San Francisco,
California
| $34K | -$430K | -20,002 | -92% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $9K | -$18.3K | -850 | -63% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.51K | +70 | New |
|
|
34
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$3.96M | -180,300 | Closed |
|
|
GPCM
35
Granite Point Capital Management
Boston,
Massachusetts
| – | -$446K | -20,300 | Closed |
|
|
BP
36
BBR Partners
New York
| – | -$445K | -20,224 | Closed |
|
37
JP Morgan Chase
New York
| – | -$273K | -13,014 | Closed |
|
ESTA Hedge Fund Activity: Q3 2019 in Review
33 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q3 2019, worth a combined $183M — down 16% from $219M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ESTA positions and 4 closed out — a net gain of 5 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Pura Vida Investments, adding an estimated $5.5M. The largest seller was Fidelity Investments, cutting an estimated $9.49M.
- 33 institutional investors held Establishment Labs (ESTA) as of Q3 2019, up from 29 in Q2 2019.
- Funds reported $183M of Establishment Labs stock for Q3 2019, down 16% quarter-over-quarter.
- 9 funds opened new Establishment Labs positions in Q3 2019 and 4 closed out, a net change of +5 holders.
- The largest Establishment Labs buyer in Q3 2019 was Pura Vida Investments, an estimated $5.5M added.
- The largest Establishment Labs seller in Q3 2019 was Fidelity Investments, an estimated $9.49M sold.
Based on aggregated 13F filings for Q3 2019.