Establishment Labs
ESTA
44 hedge funds and large institutions have $192M invested in Establishment Labs in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
26% more funds holding
Funds holding: 35 → 44 (+9)
5.08% more ownership
Funds ownership: 48.65% → 53.73% (+5.1%)
33% less capital invested
Capital invested by funds: $286M → $192M (-$94.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$23.3M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$15.9M |
| 3 |
RI
RTW Investments
New York
|
+$6.33M |
| 4 |
PVI
Pura Vida Investments
New York
|
+$4.32M |
| 5 |
CAC
Cowen and Company
New York
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.89M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.3M |
| 3 |
PA
Perceptive Advisors
New York
|
-$2.82M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$2.81M |
| 5 |
Millennium Management
New York
|
-$1.28M |
ESTA Hedge Fund Activity: Q1 2020 in Review
44 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q1 2020, worth a combined $192M — down 33% from $286M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ESTA positions and 6 closed out — a net gain of 10 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Nantahala Capital Management, adding an estimated $23.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $6.89M sold.
- 44 institutional investors held Establishment Labs (ESTA) as of Q1 2020, up from 35 in Q4 2019.
- Funds reported $192M of Establishment Labs stock for Q1 2020, down 33% quarter-over-quarter.
- 16 funds opened new Establishment Labs positions in Q1 2020 and 6 closed out, a net change of +10 holders.
- The largest Establishment Labs buyer in Q1 2020 was Nantahala Capital Management, an estimated $23.3M added.
- The largest Establishment Labs seller in Q1 2020 was Wellington Management Group, an estimated $6.89M sold.
Based on aggregated 13F filings for Q1 2020.