e.l.f. Beauty
112 hedge funds and large institutions have $363M invested in e.l.f. Beauty in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
14% more funds holding
Funds holding: 98 → 112 (+14)
0.84% more ownership
Funds ownership: 86.13% → 86.97% (+0.84%)
30% less capital invested
Capital invested by funds: $522M → $363M (-$158M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
99% less call options, than puts
Call options by funds: $20K | Put options by funds: $3.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.17M |
| 2 |
Millennium Management
New York
|
+$5.68M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.96M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$3.89M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
-$14M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$9.48M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.35M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.07M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.58M |
ELF Hedge Fund Activity: Q4 2018 in Review
112 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q4 2018, worth a combined $363M — down 30% from $522M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ELF positions and 14 closed out — a net gain of 14 holders — while 40 added to existing stakes and 29 trimmed.
The largest buyer was Federated Hermes, opening a new position worth an estimated $6.17M. The largest seller was Bares Capital Management, cutting an estimated $14M.
- 112 institutional investors held e.l.f. Beauty (ELF) as of Q4 2018, up from 98 in Q3 2018.
- Funds reported $363M of e.l.f. Beauty stock for Q4 2018, down 30% quarter-over-quarter.
- 28 funds opened new e.l.f. Beauty positions in Q4 2018 and 14 closed out, a net change of +14 holders.
- The largest e.l.f. Beauty buyer in Q4 2018 was Federated Hermes, an estimated $6.17M added.
- The largest e.l.f. Beauty seller in Q4 2018 was Bares Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2018.