Estee Lauder
978 hedge funds and large institutions have $44B invested in Estee Lauder in 2020 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 353 increasing their positions, 379 reducing their positions, and 72 closing their positions.
38% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 72
16% more capital invested
Capital invested by funds: $37.8B → $44B (+$6.23B)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
2% more funds holding
Funds holding: 958 → 978 (+20)
0.12% more ownership
Funds ownership: 89.11% → 89.23% (+0.12%)
7% less repeat investments, than reductions
Existing positions increased: 353 | Existing positions reduced: 379
33% less call options, than puts
Call options by funds: $177M | Put options by funds: $265M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
+$443M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$335M |
| 3 |
JP Morgan Chase
New York
|
+$302M |
| 4 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$129M |
| 5 |
SCM
Suvretta Capital Management
New York
|
+$128M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$272M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$235M |
| 3 |
Jennison Associates
New York
|
-$217M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$194M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$188M |
EL Hedge Fund Activity: Q3 2020 in Review
978 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Estee Lauder (EL) for Q3 2020, worth a combined $44B — up 16% from $37.8B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new EL positions and 72 closed out — a net gain of 27 holders — while 353 added to existing stakes and 379 trimmed.
The largest buyer was Edgewood Management, adding an estimated $443M. The largest seller was Magellan Asset Management, cutting an estimated $272M.
- 978 institutional investors held Estee Lauder (EL) as of Q3 2020, up from 958 in Q2 2020.
- Funds reported $44B of Estee Lauder stock for Q3 2020, up 16% quarter-over-quarter.
- 99 funds opened new Estee Lauder positions in Q3 2020 and 72 closed out, a net change of +27 holders.
- The largest Estee Lauder buyer in Q3 2020 was Edgewood Management, an estimated $443M added.
- The largest Estee Lauder seller in Q3 2020 was Magellan Asset Management, an estimated $272M sold.
Based on aggregated 13F filings for Q3 2020.