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Establishment Labs

149 hedge funds and large institutions have $1.1B invested in Establishment Labs in 2025 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 49 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

231% more call options, than puts

Call options by funds: $7.18M | Put options by funds: $2.17M

75% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 12

6% more funds holding

Funds holding: 140149 (+9)

0.83% more ownership

Funds ownership: 91.55%92.38% (+0.83%)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

3% less capital invested

Capital invested by funds: $1.13B → $1.1B (-$31.8M)

4% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 49

Holders
149
Holders Change
+9
Holders Change %
+6.43%
% of All Funds
1.96%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
21
Increased
47
Reduced
49
Closed
12
Calls
$7.18M
Puts
$2.17M
Net Calls
+$5.01M
Net Calls Change
+$3.78M
Name Holding Trade Value Shares
Change
Change in
Stake
JAM
1
JW Asset Management
Florida
$126M -$396K -9,700 -0.3%
RI
2
RTW Investments
New York
$106M +$192K +4,700 +0.2%
Brown Advisory
3
Brown Advisory
Maryland
$88.8M +$891K +21,820 +1%
NCM
4
Nantahala Capital Management
Connecticut
$80.9M +$8.09M +197,962 +11%
FCM
5
Findell Capital Management
New York
$53.1M -$3.43M -84,060 -6%
BAMCO Inc
6
BAMCO Inc
New York
$48.4M +$11.2M +274,287 +30%
TCM
7
Tyro Capital Management
Florida
$44.2M +$439K +10,735 +1%
William Blair Investment Management
8
William Blair Investment Management
Illinois
$41.7M +$6.22M +152,299 +18%
Morgan Stanley
9
Morgan Stanley
New York
$34.4M -$261K -6,387 -0.8%
Capital Research Global Investors
10
Capital Research Global Investors
California
$33.4M -$8.58M -209,926 -20%
RHJA
11
Rice Hall James & Associates
California
$31.2M -$3.17M -77,510 -9%
MA
12
Mudita Advisors
United Kingdom
$28.2M +$3.52M +86,100 +14%
Toronto Dominion Bank
13
Toronto Dominion Bank
Ontario, Canada
$22.1M
WCM
14
Woodson Capital Management
Connecticut
$19.7M +$10.4M +255,000 +113%
BFM
15
Boothbay Fund Management
New York
$17.7M -$4.28M -104,807 -19%
SPPAM
16
Summit Partners Public Asset Management
Massachusetts
$17.6M +$8.18M +200,255 +87%
FLAM
17
First Light Asset Management
Minnesota
$17.1M +$49.1K +1,201 +0.3%
Goldman Sachs
18
Goldman Sachs
New York
$15.3M +$10.9M +266,893 +251%
Viking Global Investors
19
Viking Global Investors
Connecticut
$14.1M
N
20
Nuveen
North Carolina
$12.9M +$541K +13,246 +4%
AAA
21
Affinity Asset Advisors
New York
$12.7M -$1.02M -24,863 -7%
RA
22
Royce & Associates
New York
$11.8M -$4.56M -111,688 -28%
GECH
23
Garnet Equity Capital Holdings
New York
$9.23M +$2.44M +59,804 +36%
CP
24
CenterBook Partners
Connecticut
$9.13M -$6.39M -156,540 -41%
Raymond James Financial
25
Raymond James Financial
Florida
$8.86M +$1.21M +29,599 +16%

ESTA Hedge Fund Activity: Q3 2025 in Review

149 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Establishment Labs (ESTA) for Q3 2025, worth a combined $1.1B — down 2.8% from $1.13B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new ESTA positions and 12 closed out — a net gain of 9 holders — while 47 added to existing stakes and 49 trimmed.

The largest buyer was BAMCO Inc, adding an estimated $11.2M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $20.9M sold.

  • 149 institutional investors held Establishment Labs (ESTA) as of Q3 2025, up from 140 in Q2 2025.
  • Funds reported $1.1B of Establishment Labs stock for Q3 2025, down 2.8% quarter-over-quarter.
  • 21 funds opened new Establishment Labs positions in Q3 2025 and 12 closed out, a net change of +9 holders.
  • The largest Establishment Labs buyer in Q3 2025 was BAMCO Inc, an estimated $11.2M added.
  • The largest Establishment Labs seller in Q3 2025 was Balyasny Asset Management, an estimated $20.9M sold.

Based on aggregated 13F filings for Q3 2025.