e.l.f. Beauty
390 hedge funds and large institutions have $5.75B invested in e.l.f. Beauty in 2023 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 115 increasing their positions, 152 reducing their positions, and 33 closing their positions.
182% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 33
83% more call options, than puts
Call options by funds: $175M | Put options by funds: $95.6M
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
36% more capital invested
Capital invested by funds: $4.21B → $5.75B (+$1.53B)
18% more funds holding
Funds holding: 331 → 390 (+59)
1.7% less ownership
Funds ownership: 95.1% → 93.4% (-1.7%)
24% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 152
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$119M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$86.7M |
| 3 |
Renaissance Technologies
New York
|
+$47.6M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$34.9M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$141M |
| 2 |
Millennium Management
New York
|
-$62.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36.9M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$31.1M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$29.7M |
ELF Hedge Fund Activity: Q2 2023 in Review
390 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q2 2023, worth a combined $5.75B — up 36% from $4.21B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new ELF positions and 33 closed out — a net gain of 60 holders — while 115 added to existing stakes and 152 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $119M. The largest seller was Assenagon Asset Management, cutting an estimated $141M.
- 390 institutional investors held e.l.f. Beauty (ELF) as of Q2 2023, up from 331 in Q1 2023.
- Funds reported $5.75B of e.l.f. Beauty stock for Q2 2023, up 36% quarter-over-quarter.
- 93 funds opened new e.l.f. Beauty positions in Q2 2023 and 33 closed out, a net change of +60 holders.
- The largest e.l.f. Beauty buyer in Q2 2023 was T. Rowe Price Associates, an estimated $119M added.
- The largest e.l.f. Beauty seller in Q2 2023 was Assenagon Asset Management, an estimated $141M sold.
Based on aggregated 13F filings for Q2 2023.