Establishment Labs
ESTA
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.
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: 8 → 9 (+1)
12% more funds holding
Funds holding: 122 → 137 (+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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tyro Capital Management
Miami,
Florida
|
+$39.7M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$26.3M |
| 3 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$12.6M |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$8.1M |
| 5 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$5.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$32.8M |
| 2 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$24.7M |
| 3 |
ACM
Altium Capital Management
New York
|
-$14.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.74M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$7.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RS
151
R Squared
Central,
Hong Kong
| – | -$36.4K | -790 | Closed |
|
|
QL
152
Quarry LP
New York
| – | -$27.2K | -591 | Closed |
|
153
Creative Planning
Overland Park,
Kansas
| – | -$22.7K | -492 | Closed |
|
|
HI
154
Harbour Investments
Madison,
Wisconsin
| – | -$4.1K | -89 | Closed |
|
|
BIG
155
Brooklyn Investment Group
Brooklyn,
New York
| – | -$2.63K | -57 | Closed |
|
|
SAM
156
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$1.95K | -43 | Closed |
|
|
PWA
157
Provenance Wealth Advisors
Fort Lauderdale,
Florida
| – | -$461 | -10 | Closed |
|
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.