Establishment Labs
ESTA
117 hedge funds and large institutions have $1.17B invested in Establishment Labs in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 36 increasing their positions, 27 reducing their positions, and 22 closing their positions.
128% more capital invested
Capital invested by funds: $514M → $1.17B (+$656M)
82% more first-time investments, than exits
New positions opened: 40 | 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)
33% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 27
18% more funds holding
Funds holding: 99 → 117 (+18)
7.56% more ownership
Funds ownership: 76.96% → 84.52% (+7.6%)
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 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$20.3M |
| 2 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
-$14.5M |
| 3 |
ITP
Iron Triangle Partners
Cos Cob,
Connecticut
|
-$8.58M |
| 4 |
PVI
Pura Vida Investments
New York
|
-$6.28M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$4.72M |
ESTA Hedge Fund Activity: Q1 2024 in Review
117 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q1 2024, worth a combined $1.17B — up 128% from $514M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ESTA positions and 22 closed out — a net gain of 18 holders — while 36 added to existing stakes and 27 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $36.2M. The largest seller was Nantahala Capital Management, cutting an estimated $20.3M.
- 117 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 128% quarter-over-quarter.
- 40 funds opened new Establishment Labs positions in Q1 2024 and 22 closed out, a net change of +18 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 Nantahala Capital Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2024.