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e.l.f. Beauty

432 hedge funds and large institutions have $3.76B invested in e.l.f. Beauty in 2025 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 175 increasing their positions, 144 reducing their positions, and 161 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 144

0% less call options, than puts

Call options by funds: $319M | Put options by funds: $319M

0.73% less ownership

Funds ownership: 106.73%106% (-0.73%)

19% less funds holding

Funds holding: 531432 (-99)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

50% less capital invested

Capital invested by funds: $7.55B → $3.76B (-$3.79B)

58% less first-time investments, than exits

New positions opened: 67 | Existing positions closed: 161

Holders
432
Holders Change
-99
Holders Change %
-18.64%
% of All Funds
5.79%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.07%
New
67
Increased
175
Reduced
144
Closed
161
Calls
$319M
Puts
$319M
Net Calls
-$65K
Net Calls Change
+$105M
Name Holding Trade Value Shares
Change
Change in
Stake
ICP
26
Ilex Capital Partners
United Kingdom
$31.6M +$43.8M +502,830 New
Northern Trust
27
Northern Trust
Illinois
$29.2M -$61.5K -706 -0.2%
Bank of America
28
Bank of America
North Carolina
$29M +$2.22M +25,500 +6%
T. Rowe Price Associates
29
T. Rowe Price Associates
Maryland
$26M -$420K -4,825 -1%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$25.7M -$5.9M -67,773 -14%
Massachusetts Financial Services
31
Massachusetts Financial Services
Massachusetts
$25.2M +$7.11M +81,610 +26%
Primecap Management
32
Primecap Management
California
$24.9M +$6.96M +79,926 +25%
PCM
33
Portolan Capital Management
Massachusetts
$24.8M +$14.4M +165,254 +72%
BNP Paribas Asset Management
34
BNP Paribas Asset Management
France
$24.6M -$27.5M -315,687 -45%
Millennium Management
35
Millennium Management
New York
$21.9M +$19.9M +228,187 +190%
GIM
36
Generate Investment Management
New Zealand
$21.7M +$30M +344,805 New
Mitsubishi UFJ Trust & Banking
37
Mitsubishi UFJ Trust & Banking
Japan
$21.2M +$4.3M +49,346 +17%
Raymond James Financial
38
Raymond James Financial
Florida
$20.7M -$19M -218,318 -40%
Jennison Associates
39
Jennison Associates
New York
$19.8M -$26.2M -301,031 -49%
Goldman Sachs
40
Goldman Sachs
New York
$19M -$2.5M -28,736 -9%
KBC Group
41
KBC Group
Belgium
$17.8M +$154K +1,765 +0.6%
Wells Fargo
42
Wells Fargo
California
$13.7M +$6.85M +78,633 +56%
MIM
43
MetLife Investment Management
New Jersey
$13.4M +$15.7M +179,743 +527%
JSA
44
Jacobson & Schmitt Advisors
Wisconsin
$13.4M +$18.6M +213,784 New
Boston Partners
45
Boston Partners
Massachusetts
$13M +$18.3M +210,126 New
KCM
46
Kornitzer Capital Management
Kansas
$12.7M +$14M +161,302 +394%
Nordea Investment Management
47
Nordea Investment Management
Sweden
$12.6M +$17.1M +196,793 New
TP
48
Teca Partners
Texas
$12.6M +$17.4M +199,964 New
American Century Companies
49
American Century Companies
Missouri
$12.4M -$33M -378,717 -66%
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$12M +$14M +161,084 +536%

ELF Hedge Fund Activity: Q1 2025 in Review

432 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q1 2025, worth a combined $3.76B — down 50% from $7.55B a quarter earlier.

Sellers outnumbered buyers: 161 funds closed out of ELF and 67 opened new positions — a net loss of 94 holders — while 144 trimmed existing stakes and 175 added.

The largest buyer was Ensign Peak Advisors, adding an estimated $61.6M. The largest seller was Wellington Management Group, cutting an estimated $115M.

  • 432 institutional investors held e.l.f. Beauty (ELF) as of Q1 2025, down from 531 in Q4 2024.
  • Funds reported $3.76B of e.l.f. Beauty stock for Q1 2025, down 50% quarter-over-quarter.
  • 67 funds opened new e.l.f. Beauty positions in Q1 2025 and 161 closed out, a net change of -94 holders.
  • The largest e.l.f. Beauty buyer in Q1 2025 was Ensign Peak Advisors, an estimated $61.6M added.
  • The largest e.l.f. Beauty seller in Q1 2025 was Wellington Management Group, an estimated $115M sold.

Based on aggregated 13F filings for Q1 2025.