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e.l.f. Beauty

496 hedge funds and large institutions have $7.11B invested in e.l.f. Beauty in 2025 Q2 according to their latest regulatory filings, with 149 funds opening new positions, 153 increasing their positions, 149 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more funds holding in top 10

Funds holding in top 10: 513 (+8)

89% more capital invested

Capital invested by funds: $3.76B → $7.11B (+$3.34B)

82% more first-time investments, than exits

New positions opened: 149 | Existing positions closed: 82

15% more funds holding

Funds holding: 432496 (+64)

3% more repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 149

4.63% less ownership

Funds ownership: 106%101.37% (-4.6%)

12% less call options, than puts

Call options by funds: $670M | Put options by funds: $758M

Holders
496
Holders Change
+64
Holders Change %
+14.81%
% of All Funds
6.53%
Holding in Top 10
13
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+160%
% of All Funds
0.17%
New
149
Increased
153
Reduced
149
Closed
82
Calls
$670M
Puts
$758M
Net Calls
-$88.3M
Net Calls Change
-$88.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BHCM
151
Brevan Howard Capital Management
Jersey
$3.03M -$2.13M -24,926 -51%
UBP
152
Union Bancaire Privee
Switzerland
$3.02M +$2.55M +29,850 New
Comerica Bank
153
Comerica Bank
Texas
$3.01M +$223K +2,608 +12%
Calamos Advisors
154
Calamos Advisors
Illinois
$2.98M +$2.04M +23,925 New
BNP Paribas Financial Markets
155
BNP Paribas Financial Markets
France
$2.98M -$977K -11,451 -32%
Twin Tree Management
156
Twin Tree Management
Texas
$2.97M +$2.03M +23,836 New
BCM
157
Bayesian Capital Management
New York
$2.95M +$2.02M +23,700 New
WCM
158
Wisconsin Capital Management
Wisconsin
$2.94M +$2.01M +23,592 New
SI
159
Sapience Investments
California
$2.93M -$817K -9,578 -29%
DWM
160
Diversify Wealth Management
Utah
$2.93M +$308K +3,614 +17%
Citigroup
161
Citigroup
New York
$2.84M +$220K +2,580 +13%
State of New Jersey Common Pension Fund D
162
State of New Jersey Common Pension Fund D
New Jersey
$2.83M -$249K -2,922 -11%
Janney Montgomery Scott
163
Janney Montgomery Scott
Pennsylvania
$2.8M +$874K +10,239 +83%
SO
164
STRS Ohio
Ohio
$2.78M -$955K -11,191 -33%
Cetera Investment Advisers
165
Cetera Investment Advisers
Illinois
$2.67M -$107K -1,248 -6%
AQR Capital Management
166
AQR Capital Management
Connecticut
$2.61M +$1.79M +20,936 New
PFSRSONJ
167
Police & Firemen's Retirement System of New Jersey
New Jersey
$2.59M +$101K +1,185 +6%
Deutsche Bank
168
Deutsche Bank
Germany
$2.56M -$726K -8,506 -29%
State of Tennessee, Department of Treasury
169
State of Tennessee, Department of Treasury
Tennessee
$2.51M -$767K -8,986 -31%
MML Investors Services
170
MML Investors Services
Massachusetts
$2.37M -$272K -3,186 -14%
YCM
171
Yousif Capital Management
Michigan
$2.35M -$21.6K -253 -1%
Allianz Asset Management
172
Allianz Asset Management
Germany
$2.35M -$360K -4,218 -18%
OTL
173
Oak Thistle LLC
New York
$2.33M +$876K +10,268 +121%
Thrivent Financial for Lutherans
174
Thrivent Financial for Lutherans
Minnesota
$2.22M -$9.29M -108,886 -86%
Rockefeller Capital Management
175
Rockefeller Capital Management
New York
$2.19M -$7.78M -91,141 -84%

ELF Hedge Fund Activity: Q2 2025 in Review

496 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q2 2025, worth a combined $7.11B — up 89% from $3.76B a quarter earlier.

Buyers outnumbered sellers: 149 funds opened new ELF positions and 82 closed out — a net gain of 67 holders — while 153 added to existing stakes and 149 trimmed.

The largest buyer was Marshall Wace, opening a new position worth an estimated $81M. The largest seller was JP Morgan Chase, cutting an estimated $229M.

  • 496 institutional investors held e.l.f. Beauty (ELF) as of Q2 2025, up from 432 in Q1 2025.
  • Funds reported $7.11B of e.l.f. Beauty stock for Q2 2025, up 89% quarter-over-quarter.
  • 149 funds opened new e.l.f. Beauty positions in Q2 2025 and 82 closed out, a net change of +67 holders.
  • The largest e.l.f. Beauty buyer in Q2 2025 was Marshall Wace, an estimated $81M added.
  • The largest e.l.f. Beauty seller in Q2 2025 was JP Morgan Chase, an estimated $229M sold.

Based on aggregated 13F filings for Q2 2025.