e.l.f. Beauty
110 hedge funds and large institutions have $592M invested in e.l.f. Beauty in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 18 closing their positions.
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
36% more capital invested
Capital invested by funds: $436M → $592M (+$156M)
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
16% more funds holding
Funds holding: 95 → 110 (+15)
0.15% more ownership
Funds ownership: 84.23% → 84.38% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
83% less call options, than puts
Call options by funds: $760K | Put options by funds: $4.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.9M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.3M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$9.34M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$36.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.51M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.06M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$5.59M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$4.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -91 | Closed |
|
|
HNB
127
Huntington National Bank
Columbus,
Ohio
| – | +$12 | +1 | New |
|
ELF Hedge Fund Activity: Q2 2019 in Review
110 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q2 2019, worth a combined $592M — up 36% from $436M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ELF positions and 18 closed out — a net gain of 18 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Millennium Management, adding an estimated $12.9M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $36.3M.
- 110 institutional investors held e.l.f. Beauty (ELF) as of Q2 2019, up from 95 in Q1 2019.
- Funds reported $592M of e.l.f. Beauty stock for Q2 2019, up 36% quarter-over-quarter.
- 36 funds opened new e.l.f. Beauty positions in Q2 2019 and 18 closed out, a net change of +18 holders.
- The largest e.l.f. Beauty buyer in Q2 2019 was Millennium Management, an estimated $12.9M added.
- The largest e.l.f. Beauty seller in Q2 2019 was TPG Group Holdings (SBS) Advisors, an estimated $36.3M sold.
Based on aggregated 13F filings for Q2 2019.