Establishment Labs
ESTA
108 hedge funds and large institutions have $1.39B invested in Establishment Labs in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 20 closing their positions.
287% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $4.45M
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
10% more capital invested
Capital invested by funds: $1.26B → $1.39B (+$129M)
2.51% more ownership
Funds ownership: 76.17% → 78.69% (+2.5%)
3% less funds holding
Funds holding: 111 → 108 (-3)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$56.8M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$27.6M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$15.8M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$9.35M |
| 5 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
+$7.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Madryn Asset Management
New York
|
-$28.4M |
| 2 |
PVI
Pura Vida Investments
New York
|
-$16.1M |
| 3 |
Neuberger Berman Group
New York
|
-$6.57M |
| 4 |
PA
Perceptive Advisors
New York
|
-$2.97M |
| 5 |
Two Sigma Investments
New York
|
-$2.78M |
ESTA Hedge Fund Activity: Q2 2023 in Review
108 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q2 2023, worth a combined $1.39B — up 10% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ESTA and 17 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 40 added.
The largest buyer was JP Morgan Chase, adding an estimated $56.8M. The largest seller was Madryn Asset Management, cutting an estimated $28.4M.
- 108 institutional investors held Establishment Labs (ESTA) as of Q2 2023, down from 111 in Q1 2023.
- Funds reported $1.39B of Establishment Labs stock for Q2 2023, up 10% quarter-over-quarter.
- 17 funds opened new Establishment Labs positions in Q2 2023 and 20 closed out, a net change of -3 holders.
- The largest Establishment Labs buyer in Q2 2023 was JP Morgan Chase, an estimated $56.8M added.
- The largest Establishment Labs seller in Q2 2023 was Madryn Asset Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2023.