Gavin Baker’s e.l.f. Beauty ELF Stock Holding History

Gavin Baker’s Portfolio ELF Stock Details ELF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-538,348	Closed	-$71.3M	–	61
2025 Q3	$71.3M	Buy	538,348 +44,301	+9%	+$5.46M	1.39%	23
2025 Q2	$61.5M	Buy	+494,047	New	+$42.2M	1.71%	24

Other funds holding ELF

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

Swedbank Stockholm, Sweden $116B AUM 46.87% 1-Year Est. Return

Ensign Peak Advisors Salt Lake City, Utah $60.8B AUM 42.06% 1-Year Est. Return

ICP

Ilex Capital Partners London, United Kingdom $4.88B AUM 4.49% 1-Year Est. Return

CIP

Champlain Investment Partners Burlington, Vermont $3.89B AUM 16.15% 1-Year Est. Return

Gavin Baker's ELF Position: Q4 2025 in Review

Gavin Baker sold out of e.l.f. Beauty (ELF) in Q4 2025, closing a stake of 538,348 shares — an estimated $71.3M sold.

Gavin Baker first reported a position in ELF in Q2 2025 and held it in 2 quarters. The position peaked at $71.3M in Q3 2025. 459 funds tracked by Wall St. Rank hold ELF as of Q4 2025.

Gavin Baker reported no remaining e.l.f. Beauty position as of Q4 2025 after selling out during the quarter.
Gavin Baker sold 538,348 e.l.f. Beauty shares in Q4 2025, an estimated $71.3M.
Gavin Baker first reported a position in e.l.f. Beauty in Q2 2025 and held it in 2 quarters.
Gavin Baker's e.l.f. Beauty position peaked at $71.3M in Q3 2025.
459 funds tracked by Wall St. Rank held e.l.f. Beauty as of Q4 2025.

Based on Atreides Management's 13F filing for Q4 2025, filed 17 Feb 2026.