Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
ELAT was delisted on the 31st of January, 2023.
27 hedge funds and large institutions have $90.2M invested in Elanco Animal Health Incorporated 5.00% Tangible Equity Units in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 9 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $95.2M → $90.2M (-$4.97M)
13% less funds holding
Funds holding: 31 → 27 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
+$3.26M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$1.79M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.24M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.24M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.8M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.07M |
| 3 |
BlackRock
New York
|
-$1.04M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$807K |
| 5 |
Jane Street
New York
|
-$417K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $19.5K | +$20.1K | +1,000 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $10K | +$9.31K | +463 | +1,102% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $4.14K | – | – | – |
|
|
PI
30
Putnam Investments
Boston,
Massachusetts
| – | -$2.07M | -100,868 | Closed |
|
|
PCM
31
Palisade Capital Management
Fort Lee,
New Jersey
| – | -$807K | -39,251 | Closed |
|
32
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$289K | -23,265 | Closed |
|
|
33
Jane Street
New York
| – | -$417K | -19,957 | Closed |
|
|
PMAM
34
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
| – | -$247K | -11,800 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$243K | -11,642 | Closed |
|
36
HighTower Advisors
Chicago,
Illinois
| – | -$200K | -9,558 | Closed |
|
|
ME
37
McIlrath & Eck
Arlington,
Washington
| – | -$42K | -2,000 | Closed |
|
|
NSIM
38
North Star Investment Management
Chicago,
Illinois
| – | -$10K | -500 | Closed |
|
ELAT Hedge Fund Activity: Q4 2022 in Review
27 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Elanco Animal Health Incorporated 5.00% Tangible Equity Units (ELAT) for Q4 2022, worth a combined $90.2M — down 5.2% from $95.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ELAT and 6 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 9 added.
The largest buyer was Elequin Capital, adding an estimated $3.26M. The largest seller was Morgan Stanley, cutting an estimated $2.8M.
- 27 institutional investors held Elanco Animal Health Incorporated 5.00% Tangible Equity Units (ELAT) as of Q4 2022, down from 31 in Q3 2022.
- Funds reported $90.2M of Elanco Animal Health Incorporated 5.00% Tangible Equity Units stock for Q4 2022, down 5.2% quarter-over-quarter.
- 6 funds opened new Elanco Animal Health Incorporated 5.00% Tangible Equity Units positions in Q4 2022 and 9 closed out, a net change of -3 holders.
- The largest Elanco Animal Health Incorporated 5.00% Tangible Equity Units buyer in Q4 2022 was Elequin Capital, an estimated $3.26M added.
- The largest Elanco Animal Health Incorporated 5.00% Tangible Equity Units seller in Q4 2022 was Morgan Stanley, an estimated $2.8M sold.
Based on aggregated 13F filings for Q4 2022.