e.l.f. Beauty
ELF
576 hedge funds and large institutions have $11.1B invested in e.l.f. Beauty in 2024 Q2 according to their latest regulatory filings, with 122 funds opening new positions, 209 increasing their positions, 204 reducing their positions, and 58 closing their positions.
110% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 58
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
11% more capital invested
Capital invested by funds: $9.96B → $11.1B (+$1.12B)
11% more funds holding
Funds holding: 519 → 576 (+57)
1.7% more ownership
Funds ownership: 91.59% → 93.29% (+1.7%)
2% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 204
38% less call options, than puts
Call options by funds: $458M | Put options by funds: $744M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$676M |
| 2 |
ClearBridge Investments
New York
|
+$102M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$89.6M |
| 4 |
Millennium Management
New York
|
+$46.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$256M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$187M |
| 3 |
Renaissance Technologies
New York
|
-$90.3M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$61.3M |
| 5 |
ACM
Anomaly Capital Management
New York
|
-$59.4M |
ELF Hedge Fund Activity: Q2 2024 in Review
576 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q2 2024, worth a combined $11.1B — up 11% from $9.96B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new ELF positions and 58 closed out — a net gain of 64 holders — while 209 added to existing stakes and 204 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $676M. The largest seller was BlackRock, cutting an estimated $256M.
- 576 institutional investors held e.l.f. Beauty (ELF) as of Q2 2024, up from 519 in Q1 2024.
- Funds reported $11.1B of e.l.f. Beauty stock for Q2 2024, up 11% quarter-over-quarter.
- 122 funds opened new e.l.f. Beauty positions in Q2 2024 and 58 closed out, a net change of +64 holders.
- The largest e.l.f. Beauty buyer in Q2 2024 was Baillie Gifford & Co, an estimated $676M added.
- The largest e.l.f. Beauty seller in Q2 2024 was BlackRock, an estimated $256M sold.
Based on aggregated 13F filings for Q2 2024.