Etsy
ETSY
616 hedge funds and large institutions have $7.03B invested in Etsy in 2023 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 227 increasing their positions, 211 reducing their positions, and 127 closing their positions.
39% more call options, than puts
Call options by funds: $725M | Put options by funds: $520M
8% more repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 211
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5.58% less ownership
Funds ownership: 93.72% → 88.14% (-5.6%)
10% less funds holding
Funds holding: 681 → 616 (-65)
28% less capital invested
Capital invested by funds: $9.8B → $7.03B (-$2.77B)
43% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$117M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$113M |
| 3 |
VanEck Associates
New York
|
+$82.6M |
| 4 |
Goldman Sachs
New York
|
+$78.3M |
| 5 |
HCM
HMI Capital Management
San Francisco,
California
|
+$77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$195M |
| 2 |
Two Sigma Advisers
New York
|
-$164M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$153M |
| 4 |
Two Sigma Investments
New York
|
-$144M |
| 5 |
JP Morgan Chase
New York
|
-$97.6M |
ETSY Hedge Fund Activity: Q3 2023 in Review
616 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q3 2023, worth a combined $7.03B — down 28% from $9.8B a quarter earlier.
Sellers outnumbered buyers: 127 funds closed out of ETSY and 73 opened new positions — a net loss of 54 holders — while 211 trimmed existing stakes and 227 added.
The largest buyer was Bares Capital Management, adding an estimated $117M. The largest seller was Wellington Management Group, cutting an estimated $195M.
- 616 institutional investors held Etsy (ETSY) as of Q3 2023, down from 681 in Q2 2023.
- Funds reported $7.03B of Etsy stock for Q3 2023, down 28% quarter-over-quarter.
- 73 funds opened new Etsy positions in Q3 2023 and 127 closed out, a net change of -54 holders.
- The largest Etsy buyer in Q3 2023 was Bares Capital Management, an estimated $117M added.
- The largest Etsy seller in Q3 2023 was Wellington Management Group, an estimated $195M sold.
Based on aggregated 13F filings for Q3 2023.