e.l.f. Beauty
95 hedge funds and large institutions have $436M invested in e.l.f. Beauty in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 30 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
20% more capital invested
Capital invested by funds: $363M → $436M (+$72.3M)
2.74% less ownership
Funds ownership: 86.97% → 84.23% (-2.7%)
15% less funds holding
Funds holding: 112 → 95 (-17)
53% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 30
91% less call options, than puts
Call options by funds: $271K | Put options by funds: $3.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.96M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$5.69M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.1M |
| 4 |
SI
Sapience Investments
Newport Beach,
California
|
+$4.44M |
| 5 |
BCM
Bares Capital Management
Austin,
Texas
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.6M |
| 2 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$4.58M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$3.52M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$2.29M |
| 5 |
3C
361 Capital
Denver,
Colorado
|
-$1.82M |
ELF Hedge Fund Activity: Q1 2019 in Review
95 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q1 2019, worth a combined $436M — up 20% from $363M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ELF and 14 opened new positions — a net loss of 16 holders — while 27 trimmed existing stakes and 40 added.
The largest buyer was Portolan Capital Management, adding an estimated $5.96M. The largest seller was Fidelity Investments, cutting an estimated $29.6M.
- 95 institutional investors held e.l.f. Beauty (ELF) as of Q1 2019, down from 112 in Q4 2018.
- Funds reported $436M of e.l.f. Beauty stock for Q1 2019, up 20% quarter-over-quarter.
- 14 funds opened new e.l.f. Beauty positions in Q1 2019 and 30 closed out, a net change of -16 holders.
- The largest e.l.f. Beauty buyer in Q1 2019 was Portolan Capital Management, an estimated $5.96M added.
- The largest e.l.f. Beauty seller in Q1 2019 was Fidelity Investments, an estimated $29.6M sold.
Based on aggregated 13F filings for Q1 2019.