Establishment Labs
ESTA
42 hedge funds and large institutions have $250M invested in Establishment Labs in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 11 closing their positions.
30% more capital invested
Capital invested by funds: $192M → $250M (+$57.8M)
1.24% more ownership
Funds ownership: 53.74% → 54.98% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
5% less funds holding
Funds holding: 44 → 42 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$7.47M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.54M |
| 3 |
PVI
Pura Vida Investments
New York
|
+$1.13M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$933K |
| 5 |
Millennium Management
New York
|
+$888K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
-$3.17M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.51M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$1.39M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$917K |
| 5 |
SCM
Soleus Capital Management
Greenwich,
Connecticut
|
-$914K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Victory Capital Management
San Antonio,
Texas
| – | -$72K | -4,916 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -123 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$306 | +18 | New |
|
ESTA Hedge Fund Activity: Q2 2020 in Review
42 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q2 2020, worth a combined $250M — up 30% from $192M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ESTA and 9 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Brown Advisory, adding an estimated $7.47M. The largest seller was Perceptive Advisors, cutting an estimated $3.17M.
- 42 institutional investors held Establishment Labs (ESTA) as of Q2 2020, down from 44 in Q1 2020.
- Funds reported $250M of Establishment Labs stock for Q2 2020, up 30% quarter-over-quarter.
- 9 funds opened new Establishment Labs positions in Q2 2020 and 11 closed out, a net change of -2 holders.
- The largest Establishment Labs buyer in Q2 2020 was Brown Advisory, an estimated $7.47M added.
- The largest Establishment Labs seller in Q2 2020 was Perceptive Advisors, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2020.