The Honest Company
HNST
77 hedge funds and large institutions have $64.4M invested in The Honest Company in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 15 closing their positions.
77% more call options, than puts
Call options by funds: $253K | Put options by funds: $143K
3.15% more ownership
Funds ownership: 50.64% → 53.79% (+3.2%)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 82 → 77 (-5)
19% less capital invested
Capital invested by funds: $79.5M → $64.4M (-$15.1M)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$5.35M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1.86M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$754K |
| 4 |
GAA
Green Alpha Advisors
Niwot,
Colorado
|
+$333K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.37M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$687K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$592K |
| 4 |
Charles Schwab
San Francisco,
California
|
-$520K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$294K |
HNST Hedge Fund Activity: Q3 2023 in Review
77 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in The Honest Company (HNST) for Q3 2023, worth a combined $64.4M — down 19% from $79.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HNST and 10 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Archon Capital Management, opening a new position worth an estimated $5.35M. The largest seller was Millennium Management, cutting an estimated $1.37M.
- 77 institutional investors held The Honest Company (HNST) as of Q3 2023, down from 82 in Q2 2023.
- Funds reported $64.4M of The Honest Company stock for Q3 2023, down 19% quarter-over-quarter.
- 10 funds opened new The Honest Company positions in Q3 2023 and 15 closed out, a net change of -5 holders.
- The largest The Honest Company buyer in Q3 2023 was Archon Capital Management, an estimated $5.35M added.
- The largest The Honest Company seller in Q3 2023 was Millennium Management, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2023.