Elanco Animal Health
ELAN
344 hedge funds and large institutions have $12B invested in Elanco Animal Health in 2019 Q1 according to their latest regulatory filings, with 194 funds opening new positions, 124 increasing their positions, 15 reducing their positions, and 18 closing their positions.
978% more first-time investments, than exits
New positions opened: 194 | Existing positions closed: 18
727% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 15
378% more capital invested
Capital invested by funds: $2.5B → $12B (+$9.47B)
200% more funds holding in top 10
Funds holding in top 10: 3 → 9 (+6)
104% more funds holding
Funds holding: 169 → 344 (+175)
78.95% more ownership
Funds ownership: 23.28% → 102.23% (+79%)
55% less call options, than puts
Call options by funds: $36.3M | Put options by funds: $80.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.1B |
| 2 |
Primecap Management
Pasadena,
California
|
+$789M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$700M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$627M |
| 5 |
BlackRock
New York
|
+$518M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$88.8M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$24.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$21.9M |
| 4 |
MC
Menta Capital
San Francisco,
California
|
-$18.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
351
Aravt Global
New York
| – | -$631K | -20,000 | Closed |
|
352
Tudor Investment Corp
Stamford,
Connecticut
| – | -$408K | -12,938 | Closed |
|
353
Squarepoint
New York
| – | -$375K | -11,897 | Closed |
|
|
MWNA
354
Marshall Wace North America
New York
| – | -$215K | -6,810 | Closed |
|
|
CIM
355
Chiron Investment Management
New York
| – | -$158K | -5,000 | Closed |
|
|
RCM
356
Ratan Capital Management
Miami Beach,
Florida
| – | -$158K | -5,000 | Closed |
|
|
RCG
357
Rock Creek Group
Washington,
District of Columbia
| – | -$142K | -4,492 | Closed |
|
|
CG
358
Cutler Group
San Francisco,
California
| – | -$91K | -2,900 | Closed |
|
|
PAI
359
Pittenger & Anderson Inc
Lincoin,
Nebraska
| – | -$87K | -2,750 | Closed |
|
|
MOS
360
MGO One Seven
Beachwood,
Ohio
| – | -$15K | -500 | Closed |
|
|
HI
361
Hudock Inc
Williamsport,
Pennsylvania
| – | -$2K | -71 | Closed |
|
|
CAM
362
Cresset Asset Management
Chicago,
Illinois
| – | +$277 | +9 | New |
|
ELAN Hedge Fund Activity: Q1 2019 in Review
344 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Elanco Animal Health (ELAN) for Q1 2019, worth a combined $12B — up 378% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 194 funds opened new ELAN positions and 18 closed out — a net gain of 176 holders — while 124 added to existing stakes and 15 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.1B. The largest seller was Fidelity Investments, cutting an estimated $88.8M.
- 344 institutional investors held Elanco Animal Health (ELAN) as of Q1 2019, up from 169 in Q4 2018.
- Funds reported $12B of Elanco Animal Health stock for Q1 2019, up 378% quarter-over-quarter.
- 194 funds opened new Elanco Animal Health positions in Q1 2019 and 18 closed out, a net change of +176 holders.
- The largest Elanco Animal Health buyer in Q1 2019 was T. Rowe Price Associates, an estimated $1.1B added.
- The largest Elanco Animal Health seller in Q1 2019 was Fidelity Investments, an estimated $88.8M sold.
Based on aggregated 13F filings for Q1 2019.