Melvin Capital Management’s Estee Lauder EL Stock Holding History

Melvin Capital Management’s Portfolio EL Stock Details EL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q3	–	Sell	-200,000	Closed	-$37.7M	–	95
2020 Q2	$37.7M	Sell	200,000 -350,000	-64%	-$62.5M	0.22%	66
2020 Q1	$87.6M	Sell	550,000 -50,000	-8%	-$9.65M	0.7%	45
2019 Q4	$124M	Buy	600,000 +50,000	+9%	+$9.71M	1.02%	35
2019 Q3	$109M	Sell	550,000 -125,000	-19%	-$23.9M	0.89%	33
2019 Q2	$124M	Buy	+675,000	New	+$115M	1.26%	25
2015 Q4	–	Sell	-450,000	Closed	-$36.3M	–	70
2015 Q3	$36.3M	Sell	450,000 -50,000	-10%	-$4.19M	2.03%	21
2015 Q2	$43.3M	Buy	+500,000	New	+$43.1M	2.34%	12

Other funds holding EL

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Edgewood Management Greenwich, Connecticut $15.5B AUM 9.67% 1-Year Est. Return

Fundsmith LLP London, United Kingdom $12.8B AUM 6.9% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

MAM

Magellan Asset Management Sydney, Australia $7.71B AUM 11.08% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Melvin Capital Management's EL Position: Q3 2020 in Review

Melvin Capital Management sold out of Estee Lauder (EL) in Q3 2020, closing a stake of 200,000 shares — an estimated $37.7M sold.

Melvin Capital Management first reported a position in EL in Q2 2015 and held it in 7 quarters. The position peaked at $124M in Q4 2019. 976 funds tracked by Wall St. Rank hold EL as of Q3 2020.

Melvin Capital Management reported no remaining Estee Lauder position as of Q3 2020 after selling out during the quarter.
Melvin Capital Management sold 200,000 Estee Lauder shares in Q3 2020, an estimated $37.7M.
Melvin Capital Management first reported a position in Estee Lauder in Q2 2015 and held it in 7 quarters.
Melvin Capital Management's Estee Lauder position peaked at $124M in Q4 2019.
976 funds tracked by Wall St. Rank held Estee Lauder as of Q3 2020.

Based on Melvin Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.