Estee Lauder
511 hedge funds and large institutions have $14.1B invested in Estee Lauder in 2014 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 196 increasing their positions, 181 reducing their positions, and 49 closing their positions.
57% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 49
4% more funds holding
Funds holding: 491 → 511 (+20)
8% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 181
5% less call options, than puts
Call options by funds: $110M | Put options by funds: $116M
4.44% less ownership
Funds ownership: 91.28% → 86.85% (-4.4%)
17% less capital invested
Capital invested by funds: $16.8B → $14.1B (-$2.78B)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$295M |
| 2 |
Millennium Management
New York
|
+$115M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$99.7M |
| 4 |
GTP
Global Thematic Partners
New York
|
+$64.1M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$58.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$435M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$331M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$248M |
| 4 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$137M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$114M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIM
551
NuWave Investment Management
Parsippany,
New Jersey
| – | -$26K | -340 | Closed |
|
|
PCM
552
Prelude Capital Management
New York
| – | -$11K | -140 | Closed |
|
|
DBT
553
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$10K | -128 | Closed |
|
|
ASN
554
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -81 | Closed |
|
|
WF
555
WealthTrust Fairport
Cleveland,
Ohio
| – | -$4K | -50 | Closed |
|
556
Lazard Asset Management
New York
| – | -$3K | -45 | Closed |
|
|
MPWT
557
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$3.31K | -44 | Closed |
|
|
BFEC
558
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$2K | -30 | Closed |
|
|
LWA
559
Lenox Wealth Advisors
New York
| – | -$2K | -28 | Closed |
|
EL Hedge Fund Activity: Q1 2014 in Review
511 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Estee Lauder (EL) for Q1 2014, worth a combined $14.1B — down 17% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new EL positions and 49 closed out — a net gain of 28 holders — while 196 added to existing stakes and 181 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $295M. The largest seller was Jennison Associates, cutting an estimated $435M.
- 511 institutional investors held Estee Lauder (EL) as of Q1 2014, up from 491 in Q4 2013.
- Funds reported $14.1B of Estee Lauder stock for Q1 2014, down 17% quarter-over-quarter.
- 77 funds opened new Estee Lauder positions in Q1 2014 and 49 closed out, a net change of +28 holders.
- The largest Estee Lauder buyer in Q1 2014 was T. Rowe Price Associates, an estimated $295M added.
- The largest Estee Lauder seller in Q1 2014 was Jennison Associates, an estimated $435M sold.
Based on aggregated 13F filings for Q1 2014.