The Honest Company
HNST
111 hedge funds and large institutions have $92.4M invested in The Honest Company in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 24 closing their positions.
24% more call options, than puts
Call options by funds: $381K | Put options by funds: $307K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.88% less ownership
Funds ownership: 57.85% → 54.97% (-2.9%)
8% less funds holding
Funds holding: 121 → 111 (-10)
22% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 36
42% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 24
42% less capital invested
Capital invested by funds: $158M → $92.4M (-$66.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.22M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.32M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.21M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$512K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$1.79M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.68M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.58M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
126
Two Sigma Securities
New York
| – | -$42.4K | -14,090 | Closed |
|
|
AAM
127
Advisors Asset Management
Monument,
Colorado
| – | -$41.6K | -13,818 | Closed |
|
128
Squarepoint
New York
| – | -$34K | -11,281 | Closed |
|
|
HI
129
Harbour Investments
Madison,
Wisconsin
| – | -$3.01K | -1,000 | Closed |
|
|
MCC
130
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$1.82K | -605 | Closed |
|
|
HT
131
Headlands Technologies
Chicago,
Illinois
| – | -$1K | -294 | Closed |
|
|
IA
132
IFP Advisors
Tampa,
Florida
| – | -$1K | -65 | Closed |
|
|
VF
133
VitalStone Financial
Shavano Park,
Texas
| – | +$25 | +9 | New |
|
|
HGERS
134
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | +$191 | +70 | New |
|
HNST Hedge Fund Activity: Q1 2023 in Review
111 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in The Honest Company (HNST) for Q1 2023, worth a combined $92.4M — down 42% from $158M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of HNST and 14 opened new positions — a net loss of 10 holders — while 36 trimmed existing stakes and 28 added.
The largest buyer was Portolan Capital Management, adding an estimated $4.22M. The largest seller was J. Goldman & Co, exiting entirely with an estimated $1.79M sold.
- 111 institutional investors held The Honest Company (HNST) as of Q1 2023, down from 121 in Q4 2022.
- Funds reported $92.4M of The Honest Company stock for Q1 2023, down 42% quarter-over-quarter.
- 14 funds opened new The Honest Company positions in Q1 2023 and 24 closed out, a net change of -10 holders.
- The largest The Honest Company buyer in Q1 2023 was Portolan Capital Management, an estimated $4.22M added.
- The largest The Honest Company seller in Q1 2023 was J. Goldman & Co, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2023.