| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| RTW INVESTMENTS, LP | 10% | $84,073,815 | 2,822,216 | RTW Investments, LP | 31 Dec 2024 | |||
| Qatar Investment Authority | 8.3% | $71,226,430 | 2,390,951 | Qatar Investment Authority | 31 Mar 2025 | |||
| BROWN ADVISORY INC | 7% | -17% | $136,100,408 | -$21,556,003 | 2,038,652 | -14% | BROWN ADVISORY INC | 31 Dec 2025 |
| Chacon Quiros Juan Jose | 4.9% | -6% | $95,684,474 | -$1,738,887 | 1,424,300 | -1.8% | Juan Jose Chacon Quiros | 31 Dec 2025 |
| Capital Research Global Investors | 3.5% | -47% | $45,986,079 | -$39,822,278 | 1,024,417 | -46% | Capital Research Global Investors | 30 Jun 2025 |
| Nantahala Capital Management, LLC | 3.4% | -49% | $65,938,118 | -$65,812,208 | 987,689 | -50% | Nantahala Capital Management, LLC | 31 Dec 2025 |
As of 31 Dec 2025, 171 institutional investors reported holding 26,406,360 shares of ESTABLISHMENT LABS HOLDINGS INC. - Common Shares, no par value (ESTA). This represents 91% of the company’s total 29,067,347 outstanding shares.
The largest institutional shareholders of ESTABLISHMENT LABS HOLDINGS INC. - Common Shares, no par value (ESTA) together control 69% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| JW Asset Management, LLC | 11% | 3,061,694 | -0.68% | 73% | $223,136,259 |
| RTW INVESTMENTS, LP | 8.9% | 2,588,831 | 0% | 1.9% | $188,674,003 |
| BROWN ADVISORY INC | 6.9% | 1,994,298 | -8% | 0.2% | $145,344,468 |
| FINDELL CAPITAL MANAGEMENT LLC | 3.9% | 1,130,460 | -13% | 27% | $82,387,925 |
| Tyro Capital Management LLC | 3.7% | 1,077,456 | 0% | 24% | $78,524,993 |
| Nantahala Capital Management, LLC | 3.4% | 987,689 | -50% | 4.3% | $71,982,774 |
| BAMCO INC /NY/ | 3.3% | 961,226 | -19% | 0.19% | $70,054,151 |
| GOLDMAN SACHS GROUP INC | 2.8% | 811,536 | +117% | 0.01% | $59,144,744 |
| Capital Research Global Investors | 2.8% | 807,826 | -0.82% | 0.01% | $58,874,359 |
| Mudita Advisors LLP | 2.4% | 699,703 | +1.9% | 11% | $50,994,355 |
| RICE HALL JAMES & ASSOCIATES, LLC | 2.2% | 651,559 | -14% | 2.6% | $47,485,620 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 2.2% | 639,790 | -37% | 0.13% | $46,627,895 |
| TORONTO DOMINION BANK | 1.9% | 540,024 | 0% | 0.07% | $39,356,949 |
| D. E. Shaw & Co., Inc. | 1.7% | 488,040 | +185% | 0.03% | $35,568,355 |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | 1.3% | 391,850 | -8.9% | 0.8% | $28,558,028 |
| MORGAN STANLEY | 1.3% | 378,448 | -55% | 0% | $27,581,291 |
| Woodson Capital Management, LP | 1.3% | 375,000 | -22% | 4.2% | $27,330,000 |
| First Light Asset Management, LLC | 1.3% | 373,082 | -11% | 2.1% | $27,190,216 |
| ROYCE & ASSOCIATES LP | 1.2% | 358,541 | +24% | 0.26% | $26,130,468 |
| JANE STREET GROUP, LLC | 1.2% | 355,475 | +900% | 0.03% | $25,907,018 |
| Nuveen, LLC | 1.2% | 352,074 | +12% | 0.01% | $25,659,154 |
| BOOTHBAY FUND MANAGEMENT, LLC | 1% | 299,291 | -31% | 0.58% | $21,812,328 |
| TWO SIGMA INVESTMENTS, LP | 1% | 292,275 | +605% | 0.03% | $21,301,002 |
| BANK OF AMERICA CORP /DE/ | 0.92% | 266,043 | +40% | 0% | $19,389,214 |
| Point72 Asset Management, L.P. | 0.86% | 249,762 | 0.03% | $18,202,655 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 26,406,360 | $1,924,501,959 | -$7,610,591 | $72.88 | 171 |
| 2025 Q3 | 26,745,497 | $1,096,294,322 | +$13,504,105 | $40.99 | 147 |
| 2025 Q2 | 26,457,388 | $1,128,067,662 | -$1,216,339 | $42.71 | 137 |
| 2025 Q1 | 26,425,030 | $1,079,008,465 | -$7,443,687 | $40.80 | 136 |
| 2024 Q4 | 26,450,492 | $1,218,069,281 | +$101,128,478 | $46.07 | 122 |
| 2024 Q3 | 24,150,146 | $1,044,918,378 | +$15,689,780 | $43.27 | 130 |
| 2024 Q2 | 23,743,152 | $1,078,679,270 | +$34,645,477 | $45.44 | 123 |
| 2024 Q1 | 22,991,696 | $1,170,269,022 | +$188,779,558 | $50.90 | 117 |
| 2023 Q4 | 19,862,032 | $514,241,257 | -$104,055,523 | $25.89 | 97 |
| 2023 Q3 | 20,783,145 | $1,020,372,324 | +$26,690,787 | $49.07 | 106 |
| 2023 Q2 | 20,253,573 | $1,389,952,766 | +$107,968,240 | $68.61 | 107 |
| 2023 Q1 | 18,601,388 | $1,260,536,844 | +$1,518,440 | $67.74 | 111 |
| 2022 Q4 | 18,860,794 | $1,238,220,668 | +$19,705,566 | $65.65 | 101 |
| 2022 Q3 | 18,593,772 | $1,016,040,081 | -$1,570,545 | $54.61 | 93 |
| 2022 Q2 | 18,419,570 | $1,001,922,058 | +$74,357,267 | $54.38 | 95 |
| 2022 Q1 | 17,017,646 | $1,145,594,458 | +$32,302,114 | $67.39 | 105 |
| 2021 Q4 | 17,341,199 | $1,172,037,398 | +$47,968,630 | $67.59 | 99 |
| 2021 Q3 | 14,948,833 | $1,070,056,571 | +$53,245,820 | $71.58 | 95 |
| 2021 Q2 | 14,317,337 | $1,250,408,250 | +$44,788,454 | $87.34 | 95 |
| 2021 Q1 | 13,694,571 | $856,833,000 | +$54,165,341 | $62.53 | 66 |
| 2020 Q4 | 12,799,244 | $481,963,000 | +$6,567,214 | $37.64 | 50 |
| 2020 Q3 | 12,722,945 | $235,681,000 | +$1,527,179 | $18.53 | 40 |
| 2020 Q2 | 12,682,565 | $236,910,000 | +$6,103,834 | $18.68 | 39 |
| 2020 Q1 | 12,390,738 | $179,048,000 | +$26,839,130 | $14.45 | 43 |
| 2019 Q4 | 9,877,655 | $273,213,000 | +$21,699,921 | $27.66 | 34 |
| 2019 Q3 | 9,006,227 | $170,305,000 | +$3,005,956 | $18.91 | 30 |
| 2019 Q2 | 9,375,207 | $206,148,000 | +$76,148,944 | $21.99 | 28 |
| 2019 Q1 | 5,830,081 | $140,154,000 | +$25,989,301 | $24.04 | 25 |
| 2018 Q4 | 4,732,774 | $128,295,000 | +$7,608,489 | $27.42 | 25 |
| 2018 Q3 | 4,484,227 | $107,375,000 | +$107,286,000 | $24.10 | 33 |