Estee Lauder
958 hedge funds and large institutions have $40B invested in Estee Lauder in 2019 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 332 increasing their positions, 380 reducing their positions, and 45 closing their positions.
158% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 45
9% more capital invested
Capital invested by funds: $36.7B → $40B (+$3.21B)
7% more funds holding
Funds holding: 896 → 958 (+62)
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
0.86% less ownership
Funds ownership: 91.74% → 90.87% (-0.86%)
13% less repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 380
41% less call options, than puts
Call options by funds: $283M | Put options by funds: $476M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$291M |
| 2 |
Goldman Sachs
New York
|
+$179M |
| 3 |
BlackRock
New York
|
+$117M |
| 4 |
Renaissance Technologies
New York
|
+$110M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$188M |
| 2 |
Edgewood Management
Greenwich,
Connecticut
|
-$137M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$112M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.6M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$70.4M |
EL Hedge Fund Activity: Q3 2019 in Review
958 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Estee Lauder (EL) for Q3 2019, worth a combined $40B — up 8.7% from $36.7B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new EL positions and 45 closed out — a net gain of 71 holders — while 332 added to existing stakes and 380 trimmed.
The largest buyer was Magellan Asset Management, adding an estimated $291M. The largest seller was Janus Henderson Group, cutting an estimated $188M.
- 958 institutional investors held Estee Lauder (EL) as of Q3 2019, up from 896 in Q2 2019.
- Funds reported $40B of Estee Lauder stock for Q3 2019, up 8.7% quarter-over-quarter.
- 116 funds opened new Estee Lauder positions in Q3 2019 and 45 closed out, a net change of +71 holders.
- The largest Estee Lauder buyer in Q3 2019 was Magellan Asset Management, an estimated $291M added.
- The largest Estee Lauder seller in Q3 2019 was Janus Henderson Group, an estimated $188M sold.
Based on aggregated 13F filings for Q3 2019.