Establishment Labs
ESTA
97 hedge funds and large institutions have $1.07B invested in Establishment Labs in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 54 increasing their positions, 20 reducing their positions, and 12 closing their positions.
170% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 20
2.53% more ownership
Funds ownership: 60.44% → 62.97% (+2.5%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 97 → 97 (0)
14% less capital invested
Capital invested by funds: $1.25B → $1.07B (-$181M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
79% less call options, than puts
Call options by funds: $4.8M | Put options by funds: $22.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$17.5M |
| 2 |
Millennium Management
New York
|
+$13.9M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$11M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$9.56M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
-$14.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.09M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$4.61M |
| 4 |
Renaissance Technologies
New York
|
-$4.14M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Wolverine Trading
Chicago,
Illinois
| – | -$706K | -8,145 | Closed |
|
|
EGM
102
Engineers Gate Manager
New York
| – | -$270K | -3,088 | Closed |
|
|
LCM
103
Legato Capital Management
San Francisco,
California
| – | -$268K | -3,068 | Closed |
|
|
MYIA
104
Mount Yale Investment Advisors
Denver,
Colorado
| – | -$265K | -3,034 | Closed |
|
|
TA
105
Tiedemann Advisors
New York
| – | -$232K | -2,650 | Closed |
|
|
RWM
106
Ritholtz Wealth Management
New York
| – | -$212K | -2,430 | Closed |
|
|
TI
107
Trexquant Investment
Stamford,
Connecticut
| – | -$212K | -2,430 | Closed |
|
|
PPA
108
Parametric Portfolio Associates
Seattle,
Washington
| – | -$206K | -2,355 | Closed |
|
ESTA Hedge Fund Activity: Q3 2021 in Review
97 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q3 2021, worth a combined $1.07B — down 14% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ESTA positions and 12 closed out — a net gain of 1 holder — while 54 added to existing stakes and 20 trimmed.
The largest buyer was Cowen and Company, adding an estimated $17.5M. The largest seller was Perceptive Advisors, cutting an estimated $14.4M.
- 97 institutional investors held Establishment Labs (ESTA) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $1.07B of Establishment Labs stock for Q3 2021, down 14% quarter-over-quarter.
- 13 funds opened new Establishment Labs positions in Q3 2021 and 12 closed out, a net change of +1 holder.
- The largest Establishment Labs buyer in Q3 2021 was Cowen and Company, an estimated $17.5M added.
- The largest Establishment Labs seller in Q3 2021 was Perceptive Advisors, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2021.