Establishment Labs
ESTA
118 hedge funds and large institutions have $1.17B invested in Establishment Labs in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 22 closing their positions.
120% more capital invested
Capital invested by funds: $532M → $1.17B (+$639M)
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
52% more call options, than puts
Call options by funds: $61.7M | Put options by funds: $40.5M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
19% more funds holding
Funds holding: 99 → 118 (+19)
4.95% more ownership
Funds ownership: 79.57% → 84.52% (+5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$36.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$22.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$22.3M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.9M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.7M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$20.3M |
| 3 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
-$14.5M |
| 4 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
-$8.58M |
| 5 |
PVI
Pura Vida Investments
New York
|
-$6.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
126
Exome Asset Management
New York
| – | -$715K | -27,600 | Closed |
|
|
SCP
127
Sender Company & Partners
New York
| – | -$554K | -21,389 | Closed |
|
|
GCP
128
GSA Capital Partners
London,
United Kingdom
| – | -$520K | -20,102 | Closed |
|
|
NRD
129
Nebula Research & Development
New York
| – | -$389K | -15,032 | Closed |
|
130
Group One Trading
Chicago,
Illinois
| – | -$435K | -10,837 | Closed |
|
|
GS
131
GTS Securities
New York
| – | -$396K | -9,865 | Closed |
|
|
TSS
132
Two Sigma Securities
New York
| – | -$213K | -8,211 | Closed |
|
133
SG Americas Securities
New York
| – | -$120K | -4,636 | Closed |
|
|
FIA
134
FNY Investment Advisers
New York
| – | -$93K | -3,611 | Closed |
|
|
JFG
135
Jefferies Financial Group
New York
| – | -$80.8K | -3,122 | Closed |
|
|
QT
136
Quantbot Technologies
New York
| – | -$55.9K | -2,161 | Closed |
|
|
GRP
137
Global Retirement Partners
San Rafael,
California
| – | -$24.3K | -700 | Closed |
|
|
TRCT
138
Tower Research Capital (TRC)
New York
| – | -$8.75K | -338 | Closed |
|
139
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2.98K | -115 | Closed |
|
ESTA Hedge Fund Activity: Q1 2024 in Review
118 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q1 2024, worth a combined $1.17B — up 120% from $532M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ESTA positions and 22 closed out — a net gain of 19 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $36.2M. The largest seller was Morgan Stanley, cutting an estimated $26.7M.
- 118 institutional investors held Establishment Labs (ESTA) as of Q1 2024, up from 99 in Q4 2023.
- Funds reported $1.17B of Establishment Labs stock for Q1 2024, up 120% quarter-over-quarter.
- 41 funds opened new Establishment Labs positions in Q1 2024 and 22 closed out, a net change of +19 holders.
- The largest Establishment Labs buyer in Q1 2024 was Capital Research Global Investors, an estimated $36.2M added.
- The largest Establishment Labs seller in Q1 2024 was Morgan Stanley, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2024.