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Establishment Labs

137 hedge funds and large institutions have $1.08B invested in Establishment Labs in 2025 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 45 increasing their positions, 30 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more call options, than puts

Call options by funds: $49.4M | Put options by funds: $24.2M

84% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 19

50% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 30

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

12% more funds holding

Funds holding: 122137 (+15)

0.32% less ownership

Funds ownership: 91.97%91.65% (-0.32%)

11% less capital invested

Capital invested by funds: $1.22B → $1.08B (-$138M)

Holders
137
Holders Change
+15
Holders Change %
+12.3%
% of All Funds
1.84%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.12%
New
35
Increased
45
Reduced
30
Closed
19
Calls
$49.4M
Puts
$24.2M
Net Calls
+$25.2M
Net Calls Change
-$13M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
26
Kornitzer Capital Management
Kansas
$10M -$5.59K -150 -0.1%
GIP
27
Granite Investment Partners
California
$8.86M +$8.1M +217,248 New
VOYA Investment Management
28
VOYA Investment Management
Georgia
$8.52M -$7.44M -199,539 -49%
RA
29
Royce & Associates
New York
$7.85M +$3.24M +86,965 +82%
State of Wisconsin Investment Board
30
State of Wisconsin Investment Board
Wisconsin
$6.9M +$127K +3,417 +2%
Assenagon Asset Management
31
Assenagon Asset Management
Luxembourg
$6M -$4.96M -132,980 -47%
Raymond James Financial
32
Raymond James Financial
Florida
$4.89M +$18.3K +491 +0.4%
USPCM
33
Union Square Park Capital Management
New York
$4.69M -$1.68M -45,000 -28%
Northern Trust
34
Northern Trust
Illinois
$4.56M +$3.12M +83,701 +297%
PCM
35
Portolan Capital Management
Massachusetts
$4.11M -$3.47M -93,162 -48%
BlackRock
36
BlackRock
New York
$3.8M -$1.49M -40,000 -30%
UBS Group
37
UBS Group
Switzerland
$3.64M -$1.67M -44,836 -33%
Goldman Sachs
38
Goldman Sachs
New York
$3.45M -$2.06M -55,382 -40%
Vanguard Group
39
Vanguard Group
Pennsylvania
$3.32M +$91.9K +2,466 +3%
Ameriprise
40
Ameriprise
Minnesota
$3.23M -$469K -12,568 -14%
Citadel Advisors
41
Citadel Advisors
Florida
$3.06M +$2.8M +75,101 New
SCM
42
Stonepine Capital Management
Oregon
$3.04M -$205K -5,502 -7%
DCM
43
Discovery Capital Management
Connecticut
$2.63M +$2.4M +64,441 New
UBS AM
44
UBS AM
Illinois
$2.33M +$356K +9,557 +20%
TC
45
Tejara Capital
United Kingdom
$2.29M +$2.1M +56,210 New
State Street
46
State Street
Massachusetts
$2.07M +$5.48K +147 +0.3%
BNP Paribas Financial Markets
47
BNP Paribas Financial Markets
France
$2.04M +$1.85M +49,579 +14,288%
Bank of America
48
Bank of America
North Carolina
$2.01M +$1.26M +33,879 +219%
SEI Investments
49
SEI Investments
Pennsylvania
$1.95M +$196K +5,254 +12%
PVI
50
Pura Vida Investments
New York
$1.84M -$2.54M -68,041 -60%

ESTA Hedge Fund Activity: Q1 2025 in Review

137 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q1 2025, worth a combined $1.08B — down 11% from $1.22B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new ESTA positions and 19 closed out — a net gain of 16 holders — while 45 added to existing stakes and 30 trimmed.

The largest buyer was Tyro Capital Management, opening a new position worth an estimated $39.7M. The largest seller was Millennium Management, exiting entirely with an estimated $32.8M sold.

  • 137 institutional investors held Establishment Labs (ESTA) as of Q1 2025, up from 122 in Q4 2024.
  • Funds reported $1.08B of Establishment Labs stock for Q1 2025, down 11% quarter-over-quarter.
  • 35 funds opened new Establishment Labs positions in Q1 2025 and 19 closed out, a net change of +16 holders.
  • The largest Establishment Labs buyer in Q1 2025 was Tyro Capital Management, an estimated $39.7M added.
  • The largest Establishment Labs seller in Q1 2025 was Millennium Management, an estimated $32.8M sold.

Based on aggregated 13F filings for Q1 2025.