Estee Lauder
688 hedge funds and large institutions have $21.6B invested in Estee Lauder in 2017 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 238 increasing their positions, 261 reducing their positions, and 49 closing their positions.
76% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 49
29% more funds holding in top 10
Funds holding in top 10: 14 → 18 (+4)
11% more capital invested
Capital invested by funds: $19.4B → $21.6B (+$2.15B)
4% more funds holding
Funds holding: 659 → 688 (+29)
8% less call options, than puts
Call options by funds: $159M | Put options by funds: $172M
9% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 261
1.01% less ownership
Funds ownership: 90.55% → 89.54% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$632M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$96.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$80.8M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$71.2M |
| 5 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$350M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$137M |
| 3 |
First Eagle Investment Management
New York
|
-$126M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$108M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$108M |
EL Hedge Fund Activity: Q3 2017 in Review
688 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Estee Lauder (EL) for Q3 2017, worth a combined $21.6B — up 11% from $19.4B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new EL positions and 49 closed out — a net gain of 37 holders — while 238 added to existing stakes and 261 trimmed.
The largest buyer was Jennison Associates, opening a new position worth an estimated $632M. The largest seller was Wellington Management Group, cutting an estimated $350M.
- 688 institutional investors held Estee Lauder (EL) as of Q3 2017, up from 659 in Q2 2017.
- Funds reported $21.6B of Estee Lauder stock for Q3 2017, up 11% quarter-over-quarter.
- 86 funds opened new Estee Lauder positions in Q3 2017 and 49 closed out, a net change of +37 holders.
- The largest Estee Lauder buyer in Q3 2017 was Jennison Associates, an estimated $632M added.
- The largest Estee Lauder seller in Q3 2017 was Wellington Management Group, an estimated $350M sold.
Based on aggregated 13F filings for Q3 2017.