e.l.f. Beauty
140 hedge funds and large institutions have $728M invested in e.l.f. Beauty in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 47 increasing their positions, 30 reducing their positions, and 18 closing their positions.
167% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 18
57% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 30
27% more funds holding
Funds holding: 110 → 140 (+30)
23% more capital invested
Capital invested by funds: $592M → $728M (+$136M)
1.03% less ownership
Funds ownership: 84.38% → 83.35% (-1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
78% less call options, than puts
Call options by funds: $1.27M | Put options by funds: $5.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$17M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$15.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$12.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$54.5M |
| 2 |
BCM
Bares Capital Management
Austin,
Texas
|
-$36.2M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$12M |
| 4 |
Millennium Management
New York
|
-$8.21M |
| 5 |
SI
Sapience Investments
Newport Beach,
California
|
-$5.44M |
ELF Hedge Fund Activity: Q3 2019 in Review
140 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q3 2019, worth a combined $728M — up 23% from $592M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new ELF positions and 18 closed out — a net gain of 30 holders — while 47 added to existing stakes and 30 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $17M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $54.5M.
- 140 institutional investors held e.l.f. Beauty (ELF) as of Q3 2019, up from 110 in Q2 2019.
- Funds reported $728M of e.l.f. Beauty stock for Q3 2019, up 23% quarter-over-quarter.
- 48 funds opened new e.l.f. Beauty positions in Q3 2019 and 18 closed out, a net change of +30 holders.
- The largest e.l.f. Beauty buyer in Q3 2019 was Cramer Rosenthal McGlynn, an estimated $17M added.
- The largest e.l.f. Beauty seller in Q3 2019 was TPG Group Holdings (SBS) Advisors, an estimated $54.5M sold.
Based on aggregated 13F filings for Q3 2019.