The Honest Company
HNST
91 hedge funds and large institutions have $143M invested in The Honest Company in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 23 increasing their positions, 18 reducing their positions, and 8 closing their positions.
665% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $161K
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
122% more capital invested
Capital invested by funds: $64.4M → $143M (+$78.4M)
28% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 18
18% more funds holding
Funds holding: 77 → 91 (+14)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8.47% less ownership
Funds ownership: 53.79% → 45.32% (-8.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.2M |
| 2 |
Millennium Management
New York
|
+$1.49M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$842K |
| 4 |
Citigroup
New York
|
+$788K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.67M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$1.35M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$1.21M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$415K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$337K |
HNST Hedge Fund Activity: Q4 2023 in Review
91 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in The Honest Company (HNST) for Q4 2023, worth a combined $143M — up 122% from $64.4M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new HNST positions and 8 closed out — a net gain of 18 holders — while 23 added to existing stakes and 18 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $2.2M. The largest seller was Allspring Global Investments, cutting an estimated $1.67M.
- 91 institutional investors held The Honest Company (HNST) as of Q4 2023, up from 77 in Q3 2023.
- Funds reported $143M of The Honest Company stock for Q4 2023, up 122% quarter-over-quarter.
- 26 funds opened new The Honest Company positions in Q4 2023 and 8 closed out, a net change of +18 holders.
- The largest The Honest Company buyer in Q4 2023 was Goldman Sachs, an estimated $2.2M added.
- The largest The Honest Company seller in Q4 2023 was Allspring Global Investments, an estimated $1.67M sold.
Based on aggregated 13F filings for Q4 2023.