Elanco Animal Health
ELAN
450 hedge funds and large institutions have $13.8B invested in Elanco Animal Health in 2021 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 185 increasing their positions, 111 reducing their positions, and 59 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 111
22% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 59
1.84% more ownership
Funds ownership: 97.14% → 98.99% (+1.8%)
2% more funds holding
Funds holding: 442 → 450 (+8)
2% less capital invested
Capital invested by funds: $14.1B → $13.8B (-$298M)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
54% less call options, than puts
Call options by funds: $53.6M | Put options by funds: $118M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$241M |
| 2 |
Morgan Stanley
New York
|
+$96.1M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$84.5M |
| 4 |
Aristotle Capital Management
Los Angeles,
California
|
+$74.5M |
| 5 |
DC
Dendur Capital
New York
|
+$69.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$206M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$185M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$114M |
| 4 |
State Street
Boston,
Massachusetts
|
-$49.5M |
| 5 |
CCM
CAAS Capital Management
New York
|
-$42.6M |
ELAN Hedge Fund Activity: Q1 2021 in Review
450 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Elanco Animal Health (ELAN) for Q1 2021, worth a combined $13.8B — down 2.1% from $14.1B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new ELAN positions and 59 closed out — a net gain of 13 holders — while 185 added to existing stakes and 111 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $241M. The largest seller was Janus Henderson Group, cutting an estimated $206M.
- 450 institutional investors held Elanco Animal Health (ELAN) as of Q1 2021, up from 442 in Q4 2020.
- Funds reported $13.8B of Elanco Animal Health stock for Q1 2021, down 2.1% quarter-over-quarter.
- 72 funds opened new Elanco Animal Health positions in Q1 2021 and 59 closed out, a net change of +13 holders.
- The largest Elanco Animal Health buyer in Q1 2021 was Starboard Value, an estimated $241M added.
- The largest Elanco Animal Health seller in Q1 2021 was Janus Henderson Group, an estimated $206M sold.
Based on aggregated 13F filings for Q1 2021.