e.l.f. Beauty
92 hedge funds and large institutions have $808M invested in e.l.f. Beauty in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
0.5% more ownership
Funds ownership: 88.7% → 89.2% (+0.5%)
4% less funds holding
Funds holding: 96 → 92 (-4)
12% less capital invested
Capital invested by funds: $915M → $808M (-$107M)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
52% less call options, than puts
Call options by funds: $2.72M | Put options by funds: $5.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPEM
Marathon Partners Equity Management
New York
|
+$59.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.85M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$6.43M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.97M |
| 5 |
BCM
Bares Capital Management
Austin,
Texas
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$24.2M |
| 2 |
Morgan Stanley
New York
|
-$12.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.93M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$5.91M |
ELF Hedge Fund Activity: Q1 2018 in Review
92 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q1 2018, worth a combined $808M — down 12% from $915M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ELF and 15 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 35 added.
The largest buyer was Marathon Partners Equity Management, adding an estimated $59.6M. The largest seller was JP Morgan Chase, cutting an estimated $24.2M.
- 92 institutional investors held e.l.f. Beauty (ELF) as of Q1 2018, down from 96 in Q4 2017.
- Funds reported $808M of e.l.f. Beauty stock for Q1 2018, down 12% quarter-over-quarter.
- 15 funds opened new e.l.f. Beauty positions in Q1 2018 and 19 closed out, a net change of -4 holders.
- The largest e.l.f. Beauty buyer in Q1 2018 was Marathon Partners Equity Management, an estimated $59.6M added.
- The largest e.l.f. Beauty seller in Q1 2018 was JP Morgan Chase, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2018.