e.l.f. Beauty
98 hedge funds and large institutions have $522M invested in e.l.f. Beauty in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 31 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.94% less ownership
Funds ownership: 88.08% → 86.13% (-1.9%)
7% less funds holding
Funds holding: 105 → 98 (-7)
18% less capital invested
Capital invested by funds: $637M → $522M (-$116M)
23% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 31
51% less call options, than puts
Call options by funds: $3.1M | Put options by funds: $6.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$13.2M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
+$10.5M |
| 3 |
SI
Sapience Investments
Newport Beach,
California
|
+$10.5M |
| 4 |
MPEM
Marathon Partners Equity Management
New York
|
+$6.87M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$6.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$19.2M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$16.2M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$16M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$13.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.4M |
ELF Hedge Fund Activity: Q3 2018 in Review
98 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q3 2018, worth a combined $522M — down 18% from $637M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of ELF and 24 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 38 added.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $13.2M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $19.2M sold.
- 98 institutional investors held e.l.f. Beauty (ELF) as of Q3 2018, down from 105 in Q2 2018.
- Funds reported $522M of e.l.f. Beauty stock for Q3 2018, down 18% quarter-over-quarter.
- 24 funds opened new e.l.f. Beauty positions in Q3 2018 and 31 closed out, a net change of -7 holders.
- The largest e.l.f. Beauty buyer in Q3 2018 was Portolan Capital Management, an estimated $13.2M added.
- The largest e.l.f. Beauty seller in Q3 2018 was TimesSquare Capital Management, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2018.