Establishment Labs
ESTA
105 hedge funds and large institutions have $1.02B invested in Establishment Labs in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 15 closing their positions.
1,594% more call options, than puts
Call options by funds: $53.4M | Put options by funds: $3.15M
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
1.86% more ownership
Funds ownership: 78.69% → 80.54% (+1.9%)
2% less funds holding
Funds holding: 107 → 105 (-2)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
27% less capital invested
Capital invested by funds: $1.39B → $1.02B (-$370M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$12.4M |
| 2 |
CAC
Cowen and Company
New York
|
+$10.5M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$7.09M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$6.42M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
-$8.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.75M |
| 3 |
Two Sigma Investments
New York
|
-$4.51M |
| 4 |
Jane Street
New York
|
-$4.38M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$3.91M |
ESTA Hedge Fund Activity: Q3 2023 in Review
105 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q3 2023, worth a combined $1.02B — down 27% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ESTA and 13 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 39 added.
The largest buyer was Magnetar Financial, adding an estimated $12.4M. The largest seller was Perceptive Advisors, cutting an estimated $8.8M.
- 105 institutional investors held Establishment Labs (ESTA) as of Q3 2023, down from 107 in Q2 2023.
- Funds reported $1.02B of Establishment Labs stock for Q3 2023, down 27% quarter-over-quarter.
- 13 funds opened new Establishment Labs positions in Q3 2023 and 15 closed out, a net change of -2 holders.
- The largest Establishment Labs buyer in Q3 2023 was Magnetar Financial, an estimated $12.4M added.
- The largest Establishment Labs seller in Q3 2023 was Perceptive Advisors, an estimated $8.8M sold.
Based on aggregated 13F filings for Q3 2023.