SkinHealth Systems
SKIN
120 hedge funds and large institutions have $388M invested in SkinHealth Systems in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 31 closing their positions.
732% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $2.54M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
46% more capital invested
Capital invested by funds: $266M → $388M (+$122M)
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
5.1% more ownership
Funds ownership: 65.21% → 70.31% (+5.1%)
8% less funds holding
Funds holding: 130 → 120 (-10)
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$14.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.33M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$8.32M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.9M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.53M |
| 3 |
Millennium Management
New York
|
-$3.01M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.56M |
| 5 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
-$2.05M |
SKIN Hedge Fund Activity: Q1 2024 in Review
120 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in SkinHealth Systems (SKIN) for Q1 2024, worth a combined $388M — up 46% from $266M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SKIN and 21 opened new positions — a net loss of 10 holders — while 38 trimmed existing stakes and 43 added.
The largest buyer was Divisadero Street Capital Management, adding an estimated $14.5M. The largest seller was Morgan Stanley, cutting an estimated $12M.
- 120 institutional investors held SkinHealth Systems (SKIN) as of Q1 2024, down from 130 in Q4 2023.
- Funds reported $388M of SkinHealth Systems stock for Q1 2024, up 46% quarter-over-quarter.
- 21 funds opened new SkinHealth Systems positions in Q1 2024 and 31 closed out, a net change of -10 holders.
- The largest SkinHealth Systems buyer in Q1 2024 was Divisadero Street Capital Management, an estimated $14.5M added.
- The largest SkinHealth Systems seller in Q1 2024 was Morgan Stanley, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2024.