The Honest Company
HNST
121 hedge funds and large institutions have $158M invested in The Honest Company in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 16 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
1.55% more ownership
Funds ownership: 56.3% → 57.85% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 130 → 121 (-9)
13% less capital invested
Capital invested by funds: $182M → $158M (-$23.6M)
31% less call options, than puts
Call options by funds: $525K | Put options by funds: $758K
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.98M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.41M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.2M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$2.02M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.99M |
| 2 |
PSC
Prentiss Smith & Co
Brattleboro,
Vermont
|
-$1.97M |
| 3 |
Two Sigma Advisers
New York
|
-$1.29M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$1.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$737K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
126
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$288K | -82,380 | Closed |
|
127
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$156K | -44,677 | Closed |
|
|
QC
128
Quadrature Capital
London,
United Kingdom
| – | -$131K | -37,665 | Closed |
|
|
AP
129
AlpInvest Partners
Amsterdam,
Netherlands
| – | -$113K | -32,266 | Closed |
|
130
Wolverine Trading
Chicago,
Illinois
| – | -$100K | -29,531 | Closed |
|
131
BNP Paribas Financial Markets
Paris,
France
| – | -$72.1K | -20,600 | Closed |
|
|
GAM
132
Gotham Asset Management
New York
| – | -$46K | -13,245 | Closed |
|
HNST Hedge Fund Activity: Q4 2022 in Review
121 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in The Honest Company (HNST) for Q4 2022, worth a combined $158M — down 13% from $182M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HNST and 7 opened new positions — a net loss of 9 holders — while 35 trimmed existing stakes and 47 added.
The largest buyer was Portolan Capital Management, adding an estimated $5.98M. The largest seller was Norges Bank, exiting entirely with an estimated $5.99M sold.
- 121 institutional investors held The Honest Company (HNST) as of Q4 2022, down from 130 in Q3 2022.
- Funds reported $158M of The Honest Company stock for Q4 2022, down 13% quarter-over-quarter.
- 7 funds opened new The Honest Company positions in Q4 2022 and 16 closed out, a net change of -9 holders.
- The largest The Honest Company buyer in Q4 2022 was Portolan Capital Management, an estimated $5.98M added.
- The largest The Honest Company seller in Q4 2022 was Norges Bank, an estimated $5.99M sold.
Based on aggregated 13F filings for Q4 2022.