Establishment Labs
ESTA
68 hedge funds and large institutions have $869M invested in Establishment Labs in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 10 closing their positions.
170% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 10
76% more capital invested
Capital invested by funds: $495M → $869M (+$375M)
33% more funds holding
Funds holding: 51 → 68 (+17)
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
3.54% more ownership
Funds ownership: 55.22% → 58.76% (+3.5%)
75% less call options, than puts
Call options by funds: $6.15M | Put options by funds: $25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
+$16.8M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$7.2M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$5.02M |
| 4 |
Two Sigma Investments
New York
|
+$4.24M |
| 5 |
Millennium Management
New York
|
+$4.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVI
Pura Vida Investments
New York
|
-$4.71M |
| 2 |
BWM
BigSur Wealth Management
Miami,
Florida
|
-$2.02M |
| 3 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$1.34M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.2M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$38K | -1,003 | Closed |
|
|
FTDI
77
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$8K | -206 | Closed |
|
|
HI
78
Harbour Investments
Madison,
Wisconsin
| – | +$231 | +4 | New |
|
ESTA Hedge Fund Activity: Q1 2021 in Review
68 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q1 2021, worth a combined $869M — up 76% from $495M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ESTA positions and 10 closed out — a net gain of 17 holders — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Perceptive Advisors, adding an estimated $16.8M. The largest seller was Pura Vida Investments, cutting an estimated $4.71M.
- 68 institutional investors held Establishment Labs (ESTA) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $869M of Establishment Labs stock for Q1 2021, up 76% quarter-over-quarter.
- 27 funds opened new Establishment Labs positions in Q1 2021 and 10 closed out, a net change of +17 holders.
- The largest Establishment Labs buyer in Q1 2021 was Perceptive Advisors, an estimated $16.8M added.
- The largest Establishment Labs seller in Q1 2021 was Pura Vida Investments, an estimated $4.71M sold.
Based on aggregated 13F filings for Q1 2021.