Waldencast

WALD • NASDAQ

Waldencast is a software - application company in the technology sector on NASDAQ, led by Michel Brousset, with a market cap of $235.4M. As of Q3 2025, 16% of shares are held by 60 institutional investors, with Zeno Equity Partners LLP as the largest holder at 9.96%.

CEOMichel Brousset

Market Cap$235.4M

Software - Application

Technology

Employees281.0

Websitewaldencast.com

Country

United States of America

Overview

Overview of institutional ownership in WALD as of Q3 2025 with a market cap of $243.6M

All Institutions

Institutions: 60
Value Held: $40.0M
Shares Held: 20.2M
Avg Position: $666.2K
Median Position: $21.6K

Hedge Funds

Hedge Funds: 3
Value Held: $136.7K
Shares Held: 69.0K
Avg Position: $45.6K
Median Position: $54.8K

Ownership Breakdown

Institutional (non-HF)

16.36%

$39.8M

Hedge Funds

0.056%

$136.7K

Retail & Other

83.59%

$203.6M

Based on market cap of $243.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in WALD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Z Zeno Equity Partners LLP Institution	-	$24.3M 10.33% of portfolio	9.96% 12.3M shares	Q4 2023 Held for 1y 11m	$234.7M
M Milestones Administradora de Recursos Ltda. Institution	-	$4.8M 1.68% of portfolio	1.97% 2.4M shares	Q3 2022 Held for 3y 2m	$285.7M
B BlackRock, Inc. Institution	-	$3.9M 0.00% of portfolio	1.62% 2.0M shares	Q2 2023 Held for 2y 5m	$5.67T
UBS Group AG Institution	Sergio P. Ermotti CEO	$1.7M 0.00% of portfolio	0.68% 838.5K shares	Q2 2021 Held for 4y 5m	$511.54B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.2M 0.00% of portfolio	0.49% 602.5K shares	Q4 2022 Held for 2y 11m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.0M 0.00% of portfolio	0.43% 529.6K shares	Q2 2023 Held for 2y 5m	$2.88T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$494.1K 0.00% of portfolio	0.20% 249.6K shares	Q2 2023 Held for 2y 5m	$782.01B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$493.3K 0.00% of portfolio	0.20% 249.1K shares	Q2 2023 Held for 2y 5m	$6.69T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$269.9K 0.00% of portfolio	0.11% 136.3K shares	Q3 2022 Held for 3y 2m	$1.65T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$210.3K 0.00% of portfolio	0.09% 106.2K shares	Q2 2023 Held for 2y 5m	$620.51B

Net Capital Flow

Institutional buying and selling activity for WALD in Q3 2025

Traded: −$6.5M
Buyers: 38
Sellers: 19
Total Bought: +$2.7M
Total Sold: −$9.2M
Avg Position: $587.8K

Biggest Buyers

Institution	Net Bought	Current Position
UBS Group AG Institution	+$1.4M +690.4K shares	$1.7M 838.5K shares
M Milestones Administradora de Recursos Ltda. Institution	+$446.8K +225.7K shares	$4.8M 2.4M shares
B BlackRock, Inc. Institution	+$206.3K +104.2K shares	$3.9M 2.0M shares
MORGAN STANLEY RIA/Wealth	+$119.1K +60.2K shares	$269.9K 136.3K shares
STATE STREET CORP Institution	+$117.6K +59.4K shares	$1.0M 529.6K shares
McAdam, LLC RIA/Wealth	+$79.3K +40.1K shares	$124.8K 63.0K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$77.8K +39.3K shares	$77.8K 39.3K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$54.8K +27.7K shares	$54.8K 27.7K shares
C Covestor Ltd Institution	+$48.9K +24.7K shares	$48.9K 24.7K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$31.5K +15.9K shares	$1.2M 602.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
Z Zeno Equity Partners LLP Institution	−$6.1M −3.1M shares	$24.3M 12.3M shares
B Bizma Investimentos Ltda Institution	−$1.9M −776.7K shares	Sold Off 0 shares
A Amitell Capital Pte Ltd Institution	−$514.7K −210.1K shares	Sold Off 0 shares
Simplicity Wealth,LLC RIA/Wealth	−$160.5K −81.0K shares	$71.5K 36.1K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	−$155.4K −63.4K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$127.8K −52.1K shares	Sold Off 0 shares
RHUMBLINE ADVISERS Long Only Manager	−$37.2K −18.8K shares	$114.6K 57.9K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	−$33.0K −13.5K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$29.0K −14.7K shares	$493.3K 249.1K shares
BARCLAYS PLC Institution	−$28.3K −14.3K shares	$118.3K 59.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited WALD in Q3 2025

New Positions: 8
New Value: $91.7K
Exited Positions: 8
Exited Value: $2.8M

New Positions

Institution	Position Value
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$54.8K 27.7K shares
CAPSTONE WEALTH MANAGEMENT GROUP, LLC RIA/Wealth	$19.8K 10.0K shares
Steward Partners Investment Advisory, LLC RIA/Wealth	$14.9K 7.5K shares
O Optiver Holding B.V. Institution	$1.1K 564.0 shares
Private Wealth Management Group, LLC RIA/Wealth	$741.0 374.0 shares
V Versant Capital Management, Inc RIA/Wealth	$311.0 157.0 shares
Hanson McClain, Inc. RIA/Wealth	$68.0 34.0 shares
Hartland & Co., LLC RIA/Wealth	$60.0 30.0 shares

Exited Positions

Institution	Previous Position
B Bizma Investimentos Ltda Institution	$1.9M 776.7K shares
A Amitell Capital Pte Ltd Institution	$514.7K 210.1K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$155.4K 63.4K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$127.8K 52.1K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	$33.0K 13.5K shares
S STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM Institution	$25.2K 10.3K shares
J JANE STREET GROUP, LLC Institution	$25.0K 10.2K shares
A Advisor Group Holdings, Inc. Institution	$123.0 41.0 shares

Options Activity

Institutions with the largest Call and Put options positions in WALD as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with WALD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Z Zeno Equity Partners LLP Institution	-	10.33% $24.3M	9.96% 12.3M shares	Q4 2023 Held for 1y 11m	$234.7M
M Milestones Administradora de Recursos Ltda. Institution	-	1.68% $4.8M	1.97% 2.4M shares	Q3 2022 Held for 3y 2m	$285.7M
C Covestor Ltd Institution	-	0.03% $48.9K	0.02% 24.7K shares	Q3 2025 Held for 2 months	$179.7M
CAPSTONE WEALTH MANAGEMENT GROUP, LLC RIA/Wealth	Bryan Adam Kupchik CCO	0.01% $19.8K	0.01% 10.0K shares	Q3 2025 Held for 2 months	$236.1M
McAdam, LLC RIA/Wealth	Michael Joseph Mcadam Managing Partner	0.01% $124.8K	0.05% 63.0K shares	Q3 2024 Held for 1y 2m	$2.0B
Simplicity Wealth,LLC RIA/Wealth	Bruce George Donaldson CEO	0.00% $71.5K	0.03% 36.1K shares	Q1 2024 Held for 1y 8m	$1.7B
INTECH INVESTMENT MANAGEMENT LLC Long Only Manager	Jose Laurencio Marques CEO	0.00% $42.9K	0.02% 21.7K shares	Q4 2024 Held for 11 months	$11.1B
UBS Group AG Institution	Sergio P. Ermotti CEO	0.00% $1.7M	0.68% 838.5K shares	Q2 2021 Held for 4y 5m	$511.54B
T Tower Research Capital LLC Institution	-	0.00% $10.8K	0.00% 5.5K shares	Q4 2021 Held for 3y 11m	$3.6B
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Christopher Lazarus Gust CEO	0.00% $4.1K	0.00% 2.1K shares	Q2 2024 Held for 1y 5m	$1.5B

Hedge Fund Spotlight

Discover hedge funds investing in WALD

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Waldencast

Market Value: $54.8K
Shares Held: 27.7K
Portfolio Weight: 0.00%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$4.1B	2.62%
2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%