ESTA Hedge Fund Ownership (Q2 2026)

Establishment Labs Hldgs Inc (ESTA)

195 + Investors. Track Smart Money conviction in ESTA. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — ESTA

Based on 198 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds added ESTA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

198 hedge funds hold ESTA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +42% more funds vs a year ago

fund count last 6Q

+59 new funds entered over the past year (+42% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 59% buying

130 buying90 selling

Last quarter: 130 funds bought or added vs 90 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

📈

More new buyers each quarter (+25 vs last Q)

new funds entering per quarter

Funds opening a new ESTA position: 21 → 50 → 34 → 59. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 25% medium ■ 30% new

88 out of 198 hedge funds have held ESTA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +38% but shares only +2% — price-driven

Value

+37%

+1%

Last quarter: the total dollar value of institutional holdings rose +38%, but actual share count only changed +2%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

24 → 21 → 50 → 34 → 59 new funds/Q

New funds entering each quarter: 21 → 50 → 34 → 59. A growing number of institutions are discovering ESTA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 57% veterans vs 32% newcomers

■ 57% veterans ■ 11% 1-2yr ■ 32% new

Entry-cohort mix of 207 holders: 117 (57%) are 2+ year veterans, 23 entered 1–2 years ago, and 67 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds

45 of 196 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.2

out of 10

Moderate Exit Risk

Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	195	178	9.55%
13F Shares	28M	30M	-4.57%
Total Value	$2.31B	$1.69B	36.28%
New Positions	59	34	+25
Increased Positions	68	61	+7
Closed Positions	40	32	+8
Reduced Positions	51	55	-4
Total Calls	5	8	-37.5%
Total Puts	6	5	20.0%
PUT/CALL Ratio	1.2	0.62	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

195

178

9.55%

13F Shares

28M

30M

-4.57%

Total Value

$2.31B

$1.69B

36.28%

New Positions

+25

Increased Positions

Closed Positions

Reduced Positions

-4

Total Calls

-37.5%

Total Puts

20.0%

PUT/CALL Ratio

1.2

0.62

Neutral

Institutional Holders (2026 Q2)

195 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ESTA. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ESTA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	JW Asset Management, LLC	72.24%	2,692,856	$231.1M
2	Findell Capital Management LLC	13.24%	1,096,000	$94.0M
3	Mudita Advisors LLP	12.90%	723,063	$62.0M
4	Tyro Capital Management LLC	11.66%	605,559	$52.0M
5	Pura Vida Investments, LLC	10.44%	45,000	$3.9M
6	Tejara Capital Ltd	4.62%	130,979	$11.2M
7	Woodson Capital Management, LP	3.95%	275,000	$23.6M
8	Union Square Park Capital Management, LLC	3.24%	105,000	$9.0M
9	Garnet Equity Capital Holdings, INC.	2.76%	170,490	$14.6M
10	Rice Hall James & Associates, LLC	2.34%	560,935	$48.1M
11	Rtw Investments, LP	1.95%	2,655,695	$227.9M
12	Dauntless Investment Group, LLC	1.73%	25,728	$2.2M
13	Pier Capital, LLC	1.52%	133,810	$11.5M
14	Guided Capital Wealth Management, LLC	1.42%	28,361	$2.4M
15	Buckley Capital Advisors, LLC	1.33%	25,000	$2.1M
16	First Light Asset Management, LLC	1.29%	246,577	$21.2M
17	Nantahala Capital Management, LLC	0.96%	335,830	$28.8M
18	Summit Partners Public Asset Management, LLC	0.74%	491,486	$42.2M
19	ADAR1 Capital Management, LLC	0.73%	185,619	$15.9M
20	Exome Asset Management LLC	0.69%	13,100	$1.1M
21	Granite Investment Partners, LLC	0.63%	143,485	$12.3M
22	Affinity Asset Advisors, LLC	0.57%	148,013	$12.7M
23	Rubric Capital Management LP	0.54%	688,325	$59.1M
24	Redmile Group, LLC	0.51%	88,964	$7.6M
25	Stableford Capital II LLC	0.46%	15,395	$1.3M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Establishment Labs Hldgs Inc (ESTA)

What does the Smart Money Trend signal show for ESTA?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added ESTA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ESTA?

Slight buying edge — 59% buying: Last quarter: 130 funds bought or added vs 90 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ESTA holders?

Strong quality — 29% AUM from major funds: 45 of 196 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ESTA?

44% of holders stayed for 2+ years: 88 out of 198 hedge funds have held ESTA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Establishment Labs Hldgs Inc (ESTA)

Smart Money Signals — ESTA

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +42% more funds vs a year ago

Slight buying edge — 59% buying

More new buyers each quarter (+25 vs last Q)

44% of holders stayed for 2+ years

Value +38% but shares only +2% — price-driven

Growing discovery — still being found

Veteran-anchored — 57% veterans vs 32% newcomers

Strong quality — 29% AUM from major funds

Institutional Sentiment Summary — ESTA

Hedge Fund Ownership: ESTA

Market Analysis: ESTA

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ESTA

Hedge Fund Positioning: ESTA

Statistics: ESTA

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Establishment Labs Hldgs Inc (ESTA)

Welcome to 13Foresight!