e.l.f. Beauty
407 hedge funds and large institutions have $5.88B invested in e.l.f. Beauty in 2023 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 161 increasing their positions, 145 reducing their positions, and 48 closing their positions.
40% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 48
32% more call options, than puts
Call options by funds: $357M | Put options by funds: $271M
11% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 145
4.84% more ownership
Funds ownership: 93.4% → 98.24% (+4.8%)
4% more funds holding
Funds holding: 390 → 407 (+17)
2% more capital invested
Capital invested by funds: $5.75B → $5.88B (+$139M)
64% less funds holding in top 10
Funds holding in top 10: 14 → 5 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$206M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$87.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$72.1M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$63.6M |
| 5 |
MGCM
Mane Global Capital Management
New York
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$60.6M |
| 2 |
Morgan Stanley
New York
|
-$57.4M |
| 3 |
Man Group
London,
United Kingdom
|
-$38.3M |
| 4 |
Goldman Sachs
New York
|
-$26.8M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$24.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VWM
451
Venturi Wealth Management
Austin,
Texas
| – | -$1.26K | -11 | Closed |
|
|
CWC
452
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$941 | -8 | Closed |
|
453
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -5 | Closed |
|
|
DI
454
Disciplined Investments
Tulsa,
Oklahoma
| – | -$228 | -2 | Closed |
|
|
AW
455
Avion Wealth
The Woodlands,
Texas
| – | +$607 | +5 | New |
|
ELF Hedge Fund Activity: Q3 2023 in Review
407 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q3 2023, worth a combined $5.88B — up 2.4% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new ELF positions and 48 closed out — a net gain of 19 holders — while 161 added to existing stakes and 145 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $206M. The largest seller was Marshall Wace, cutting an estimated $60.6M.
- 407 institutional investors held e.l.f. Beauty (ELF) as of Q3 2023, up from 390 in Q2 2023.
- Funds reported $5.88B of e.l.f. Beauty stock for Q3 2023, up 2.4% quarter-over-quarter.
- 67 funds opened new e.l.f. Beauty positions in Q3 2023 and 48 closed out, a net change of +19 holders.
- The largest e.l.f. Beauty buyer in Q3 2023 was Wellington Management Group, an estimated $206M added.
- The largest e.l.f. Beauty seller in Q3 2023 was Marshall Wace, an estimated $60.6M sold.
Based on aggregated 13F filings for Q3 2023.