The Honest Company
HNST
95 hedge funds and large institutions have $620M invested in The Honest Company in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 19 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.63% less ownership
Funds ownership: 69.22% → 66.59% (-2.6%)
3% less funds holding
Funds holding: 98 → 95 (-3)
11% less call options, than puts
Call options by funds: $4.63M | Put options by funds: $5.22M
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
38% less capital invested
Capital invested by funds: $997M → $620M (-$378M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$22.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$20.1M |
| 3 |
JP Morgan Chase
New York
|
+$10.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.08M |
| 5 |
AC
Armistice Capital
New York
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$61.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.09M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$8.07M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.27M |
HNST Hedge Fund Activity: Q3 2021 in Review
95 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in The Honest Company (HNST) for Q3 2021, worth a combined $620M — down 38% from $997M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HNST and 16 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 33 added.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $22.5M. The largest seller was BlackRock, cutting an estimated $61.2M.
- 95 institutional investors held The Honest Company (HNST) as of Q3 2021, down from 98 in Q2 2021.
- Funds reported $620M of The Honest Company stock for Q3 2021, down 38% quarter-over-quarter.
- 16 funds opened new The Honest Company positions in Q3 2021 and 19 closed out, a net change of -3 holders.
- The largest The Honest Company buyer in Q3 2021 was Champlain Investment Partners, an estimated $22.5M added.
- The largest The Honest Company seller in Q3 2021 was BlackRock, an estimated $61.2M sold.
Based on aggregated 13F filings for Q3 2021.