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Elanco Animal Health

409 hedge funds and large institutions have $11.5B invested in Elanco Animal Health in 2025 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 154 increasing their positions, 109 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 38

50% more capital invested

Capital invested by funds: $7.69B → $11.5B (+$3.81B)

41% more repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 109

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11% more funds holding

Funds holding: 367409 (+42)

6.52% more ownership

Funds ownership: 108.44%114.96% (+6.5%)

5% less call options, than puts

Call options by funds: $22.6M | Put options by funds: $23.8M

Holders
409
Holders Change
+42
Holders Change %
+11.44%
% of All Funds
5.37%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
83
Increased
154
Reduced
109
Closed
38
Calls
$22.6M
Puts
$23.8M
Net Calls
-$1.2M
Net Calls Change
+$4.45M
Name Holding Trade Value Shares
Change
Change in
Stake
Dodge & Cox
1
Dodge & Cox
California
$1.67B -$2.27M -135,395 -0.2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.32B +$7.94M +473,983 +0.7%
Primecap Management
3
Primecap Management
California
$1.01B -$30.3M -1,808,658 -3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$979M +$12.7M +759,623 +2%
BlackRock
5
BlackRock
New York
$930M +$387M +23,107,031 +100%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$635M +$200M +11,955,072 +61%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$498M +$32.9M +1,962,276 +9%
UBS Group
8
UBS Group
Switzerland
$332M +$99.9M +5,961,457 +57%
State Street
9
State Street
Massachusetts
$307M +$103M +6,118,927 +67%
BCIM
10
Black Creek Investment Management
Ontario, Canada
$251M -$113M -6,768,379 -35%
Morgan Stanley
11
Morgan Stanley
New York
$207M +$4.92M +293,792 +3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$177M +$12M +716,638 +9%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$153M +$25.9M +1,544,373 +26%
N
14
Nuveen
North Carolina
$143M -$19.6M -1,172,334 -14%
SCM
15
Shapiro Capital Management
Georgia
$129M -$48.5M -2,894,276 -31%
BIP
16
Brandes Investment Partners
California
$120M -$36.2M -2,160,805 -27%
ClearBridge Investments
17
ClearBridge Investments
New York
$119M +$8.38M +500,164 +9%
Millennium Management
18
Millennium Management
New York
$113M +$29.8M +1,776,779 +46%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$103M +$56.3M +3,359,862 +190%
Barrow, Hanley, Mewhinney & Strauss
20
Barrow, Hanley, Mewhinney & Strauss
Texas
$101M -$43.4M -2,592,747 -34%
Fuller & Thaler Asset Management
21
Fuller & Thaler Asset Management
California
$100M -$2.19M -130,824 -3%
Citadel Advisors
22
Citadel Advisors
Florida
$97.5M -$148M -8,857,401 -65%
Northern Trust
23
Northern Trust
Illinois
$86.4M +$23.3M +1,391,697 +48%
Jennison Associates
24
Jennison Associates
New York
$80M +$12.4M +739,630 +23%
Charles Schwab
25
Charles Schwab
California
$78.9M -$6.02M -359,507 -8%

ELAN Hedge Fund Activity: Q3 2025 in Review

409 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Elanco Animal Health (ELAN) for Q3 2025, worth a combined $11.5B — up 50% from $7.69B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new ELAN positions and 38 closed out — a net gain of 45 holders — while 154 added to existing stakes and 109 trimmed.

The largest buyer was BlackRock, adding an estimated $387M. The largest seller was Citadel Advisors, cutting an estimated $148M.

  • 409 institutional investors held Elanco Animal Health (ELAN) as of Q3 2025, up from 367 in Q2 2025.
  • Funds reported $11.5B of Elanco Animal Health stock for Q3 2025, up 50% quarter-over-quarter.
  • 83 funds opened new Elanco Animal Health positions in Q3 2025 and 38 closed out, a net change of +45 holders.
  • The largest Elanco Animal Health buyer in Q3 2025 was BlackRock, an estimated $387M added.
  • The largest Elanco Animal Health seller in Q3 2025 was Citadel Advisors, an estimated $148M sold.

Based on aggregated 13F filings for Q3 2025.