Which funds own ESTA
Establishment Labs HLDGS Inc in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $1.9m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 4 managers trimmed or sold out against 0 buying.
- Managers holding
- 1
- at least, of 91 current
- Combined value
- $1.9m
- as reported
- Opened
- 0
- new this quarter
- Added to
- 0
- already held
- Trimmed or sold out
- 4
- 3 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Polen Capital Management LLC Long-only · $11.6bn book | $1.9m | 0.0% | 22,541 | +$600k-1,783 | Trimmed |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Millennium Management LLC · Multi-strategy$22m held before
- Tudor Investment Corp · Macro$9.7m held before
- Brevan Howard Capital Management LP · Macro$2.5m held before
Ownership through time
At least 2 of the 95 managers whose filings are on file listed ESTA in Q2 2026, against 2 in Q3 2018. 2 managers fewer than in Q1 2026: 2 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q3 2018: 2
- Q1 2020: 1
- Q4 2020: 1
- Q1 2021: 2
- Q2 2021: 2
- Q3 2021: 2
- Q4 2021: 1
- Q1 2022: 1
- Q2 2022: 1
- Q3 2022: 2
- Q4 2022: 4
- Q1 2023: 2
- Q2 2023: 1
- Q3 2023: 1
- Q1 2024: 2
- Q2 2024: 2
- Q3 2024: 1
- Q4 2024: 1
- Q1 2025: 3
- Q2 2025: 3
- Q3 2025: 3
- Q4 2025: 7
- Q1 2026: 4
- Q2 2026: 2
- Q3 2018: $1.8m
- Q1 2020: $742k
- Q4 2020: $9.4m
- Q1 2021: $24m
- Q2 2021: $34m
- Q3 2021: $24m
- Q4 2021: $21m
- Q1 2022: $20m
- Q2 2022: $16m
- Q3 2022: $19m
- Q4 2022: $71m
- Q1 2023: $57m
- Q2 2023: $19m
- Q3 2023: $14m
- Q1 2024: $75m
- Q2 2024: $50m
- Q3 2024: $64m
- Q4 2024: $88m
- Q1 2025: $111m
- Q2 2025: $61m
- Q3 2025: $54m
- Q4 2025: $98m
- Q1 2026: $14m
- Q2 2026: $18m
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
No manager on file started a position.
Largest increases, by shares
- Capital Research Global Investors102,895 to 189,029 shares+$7.4m
Largest decreases, by shares
- Polen Capital Management LLC24,324 to 22,541 shares-$153k
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Capital Research Global Investors | Q1 2024 | $88m | $16m | |
| Polen Capital Management LLC | Q4 2025 | $1.9m | $1.9m | |
| Neuberger Berman Group LLC | Q4 2022 | $43m | last listed Q1 2023 | |
| Artisan Partners LP | Q4 2020 | $33m | last listed Q3 2023 | |
| Point72 Asset Management LP | Q1 2024 | $29m | last listed Q1 2025 | |
| Two Sigma Advisers LP | Q4 2025 | $15m | last listed Q4 2025 | |
| Viking Global Investors LP | Q2 2025 | $15m | last listed Q3 2025 | |
| Discovery Capital Management LLC | Q1 2025 | $11m | last listed Q4 2025 | |
| ExodusPoint Capital Management LP | Q1 2020 | $9.2m | last listed Q1 2026 | |
| Walleye Capital LLC | Q3 2018 | $4.8m | last listed Q4 2022 | |
| Schonfeld Strategic Advisors LLC | Q3 2018 | $4.7m | last listed Q4 2022 | |
| Brevan Howard Capital Management LP | Q1 2026 | $2.5m | last listed Q1 2026 |
What ESTA is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around ESTA →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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