[SCHEDULE 13G] Etsy, Inc. SEC Filing

Rhea-AI Filing Summary

Holocene Advisors disclosed a 5.12% stake in Etsy, Inc., reporting ownership of 5,343,797 shares of common stock. The filing, submitted as a Schedule 13G, shows Holocene Advisors and J. Brandon Haley each report shared voting and shared dispositive power over the 5,343,797 shares and no sole voting or dispositive power. The filing includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

• Material disclosure of a 5.12% ownership stake enhances transparency for investors
• Statement of ordinary-course holdings clarifies that the position is not intended to influence control

Negative

• Shared voting power over the shares indicates coordinated influence potential without sole control
• Position size (5.12%) is large enough to be material to shareholder votes if combined with other holders

Insights

Financial Analyst

TL;DR: A passive but material 5.12% stake disclosed; indicates investor interest without an active control intent.

Holocene Advisors reports ownership of 5,343,797 shares representing 5.12% of Etsy's common stock, all under shared voting and dispositive power. Because the filing is a Schedule 13G and includes a certification that the position is held in the ordinary course of business and not to influence control, this is consistent with a passive investor profile rather than an activist intent. The position size is large enough to warrant monitoring for any future amendments or conversion to a Schedule 13D if intentions change.

Corporate Governance Expert

TL;DR: Disclosure shows meaningful ownership but limited governance control due to shared, not sole, voting power.

The report confirms Holocene Advisors and J. Brandon Haley have shared voting and dispositive authority over 5,343,797 shares (5.12%). Shared voting power implies coordinated rights but not unilateral control. The certification asserts ordinary-course holdings and no purpose to change control, which reduces immediate governance risk for management. Investors should note the size is material for shareholder votes if combined with other holders, but the filing contains no indication of planned governance actions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ETSY, INC.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

29786A106

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 29786A106

1

Names of Reporting Persons

Holocene Advisors, LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,343,797.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,343,797.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,343,797.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.12 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 29786A106

1

Names of Reporting Persons

J. Brandon Haley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,343,797.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,343,797.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,343,797.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.12 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ETSY, INC.
(b)	Address of issuer's principal executive offices: 117 Adams Street, Brooklyn, NY 11201
Item 2.
(a)	Name of person filing: Holocene Advisors, LP J. Brandon Haley
(b)	Address or principal business office or, if none, residence: Holocene Advisors, LP - 15 East 26th Street, 8th Floor, New York, NY 10010 J. Brandon Haley - c/o Holocene Advisors, LP 15 East 26th Street, 8th Floor, New York, NY 10010
(c)	Citizenship: Holocene Advisors, LP: Delaware J. Brandon Haley: USA
(d)	Title of class of securities: Common Stock, $0.001 par value per share
(e)	CUSIP No.: 29786A106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5,343,797
(b)	Percent of class: 5.12%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 5,343,797
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 5,343,797
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Holocene Advisors, LP

Signature:	Eric M. Albert
Name/Title:	Eric M. Albert - Chief Compliance Officer
Date:	08/14/2025

J. Brandon Haley

Signature:	J. Brandon Haley
Name/Title:	J. Brandon Haley
Date:	08/14/2025

Exhibit Information

Exhibit I JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G/A, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G/A, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Holocene Advisors, LP By: /s/ Eric M. Albert Name: Eric M. Albert Title: Chief Compliance Officer J. Brandon Haley By: /s/ J. Brandon Haley J. Brandon Haley

FAQ

How many Etsy (ETSY) shares does Holocene Advisors report owning?

Holocene Advisors reports beneficial ownership of 5,343,797 shares of Etsy common stock.

What percentage of ETSY does the reported stake represent?

The reported stake represents 5.12% of Etsy's outstanding common stock.

Does Holocene Advisors have sole voting or dispositive power over the shares?

No; the filing shows 0 shares with sole voting or dispositive power and 5,343,797 shares with shared voting and dispositive power.

Was the position reported as passive or intended to influence control?

The Schedule 13G includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.

Who filed the Schedule 13G for ETSY?

The filing lists Holocene Advisors, LP and J. Brandon Haley as the reporting persons.