e.l.f. Beauty
435 hedge funds and large institutions have $8.06B invested in e.l.f. Beauty in 2023 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 160 increasing their positions, 151 reducing their positions, and 60 closing their positions.
53% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 60
37% more capital invested
Capital invested by funds: $5.88B → $8.06B (+$2.18B)
7% more funds holding
Funds holding: 407 → 435 (+28)
2.91% more ownership
Funds ownership: 98.24% → 101.14% (+2.9%)
6% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 151
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
22% less call options, than puts
Call options by funds: $295M | Put options by funds: $381M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$166M |
| 2 |
JP Morgan Chase
New York
|
+$85.5M |
| 3 |
ACM
Anomaly Capital Management
New York
|
+$71.2M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$51.5M |
| 5 |
AT
AMF Tjänstepension
Stockholm,
Sweden
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$82.5M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$67.6M |
| 3 |
MGCM
Mane Global Capital Management
New York
|
-$54.6M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$23.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$22.1M |
ELF Hedge Fund Activity: Q4 2023 in Review
435 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q4 2023, worth a combined $8.06B — up 37% from $5.88B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new ELF positions and 60 closed out — a net gain of 32 holders — while 160 added to existing stakes and 151 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $166M. The largest seller was Renaissance Technologies, cutting an estimated $82.5M.
- 435 institutional investors held e.l.f. Beauty (ELF) as of Q4 2023, up from 407 in Q3 2023.
- Funds reported $8.06B of e.l.f. Beauty stock for Q4 2023, up 37% quarter-over-quarter.
- 92 funds opened new e.l.f. Beauty positions in Q4 2023 and 60 closed out, a net change of +32 holders.
- The largest e.l.f. Beauty buyer in Q4 2023 was Morgan Stanley, an estimated $166M added.
- The largest e.l.f. Beauty seller in Q4 2023 was Renaissance Technologies, an estimated $82.5M sold.
Based on aggregated 13F filings for Q4 2023.