The Honest Company
HNST
128 hedge funds and large institutions have $160M invested in The Honest Company in 2024 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 36 increasing their positions, 46 reducing their positions, and 23 closing their positions.
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
4% more funds holding
Funds holding: 123 → 128 (+5)
2.47% more ownership
Funds ownership: 52.92% → 55.4% (+2.5%)
2% more call options, than puts
Call options by funds: $559K | Put options by funds: $546K
22% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 46
22% less capital invested
Capital invested by funds: $205M → $160M (-$45.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.7M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.87M |
| 3 |
Renaissance Technologies
New York
|
+$2.52M |
| 4 |
State Street
Boston,
Massachusetts
|
+$2.14M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.75M |
| 2 |
Millennium Management
New York
|
-$3.66M |
| 3 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$1.93M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.74M |
| 5 |
Jane Street
New York
|
-$1.29M |
HNST Hedge Fund Activity: Q2 2024 in Review
128 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in The Honest Company (HNST) for Q2 2024, worth a combined $160M — down 22% from $205M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new HNST positions and 23 closed out — a net gain of 5 holders — while 36 added to existing stakes and 46 trimmed.
The largest buyer was BlackRock, adding an estimated $11.7M. The largest seller was Goldman Sachs, cutting an estimated $3.75M.
- 128 institutional investors held The Honest Company (HNST) as of Q2 2024, up from 123 in Q1 2024.
- Funds reported $160M of The Honest Company stock for Q2 2024, down 22% quarter-over-quarter.
- 28 funds opened new The Honest Company positions in Q2 2024 and 23 closed out, a net change of +5 holders.
- The largest The Honest Company buyer in Q2 2024 was BlackRock, an estimated $11.7M added.
- The largest The Honest Company seller in Q2 2024 was Goldman Sachs, an estimated $3.75M sold.
Based on aggregated 13F filings for Q2 2024.