We are live on ! Find out more
ELF icon

e.l.f. Beauty
ELF

390 hedge funds and large institutions have $5.75B invested in e.l.f. Beauty in 2023 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 115 increasing their positions, 152 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 33

83% more call options, than puts

Call options by funds: $175M | Put options by funds: $95.6M

56% more funds holding in top 10

Funds holding in top 10: 9 → 14 (+5)

36% more capital invested

Capital invested by funds: $4.21B → $5.75B (+$1.53B)

18% more funds holding

Funds holding: 331 → 390 (+59)

1.7% less ownership

Funds ownership: 95.1% → 93.4% (-1.7%)

24% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 152

Holders
390
Holders Change
+59
Holders Change %
+17.82%
% of All Funds
6.12%
Holding in Top 10
14
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+55.56%
% of All Funds
0.22%
New
93
Increased
115
Reduced
152
Closed
33
Calls
$175M
Puts
$95.6M
Net Calls
+$79.3M
Net Calls Change
+$33.7M

Top Buyers

1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
+$119M
2
William Blair Investment Management
William Blair Investment Management
Illinois
+$86.7M
3
Renaissance Technologies
Renaissance Technologies
New York
+$47.6M
4
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
+$34.9M
5
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$33.2M

Top Sellers

1
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
-$141M
2
Millennium Management
Millennium Management
New York
-$62.2M
3
Vanguard Group
Vanguard Group
Pennsylvania
-$36.9M
4
RIM
Ranger Investment Management
Texas
-$31.1M
5
Aberdeen Group
Aberdeen Group
United Kingdom
-$29.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$942M +$3.49M +36,208 +0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$684M -$36.9M -383,356 -6%
Renaissance Technologies
3
Renaissance Technologies
New York
$221M +$47.6M +493,988 +34%
Morgan Stanley
4
Morgan Stanley
New York
$214M +$14.6M +151,596 +9%
State Street
5
State Street
Massachusetts
$199M +$4.54M +47,142 +3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$176M +$119M +1,239,957 +411%
Invesco
7
Invesco
Georgia
$148M +$973K +10,109 +0.8%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$129M -$5.08M -52,824 -4%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$122M +$7.51M +77,980 +8%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$103M +$86.7M +900,365 New
JP Morgan Chase
11
JP Morgan Chase
New York
$102M -$8.71M -90,480 -9%
DCM
12
Driehaus Capital Management
Illinois
$102M -$8.69M -90,326 -9%
Acadian Asset Management
13
Acadian Asset Management
Massachusetts
$96.6M +$33.2M +344,649 +69%
N
14
Nuveen
North Carolina
$90.8M -$7.23M -75,105 -9%
Marshall Wace
15
Marshall Wace
United Kingdom
$85.7M +$849K +8,821 +1%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$82.1M +$19.7M +205,026 +40%
Goldman Sachs
17
Goldman Sachs
New York
$76.3M -$5.23M -54,357 -8%
Jennison Associates
18
Jennison Associates
New York
$69.4M -$17.3M -180,140 -23%
Loomis, Sayles & Company
19
Loomis, Sayles & Company
Massachusetts
$63.7M -$500K -5,191 -0.9%
CAM
20
Congress Asset Management
Massachusetts
$59.3M -$6.41M -66,558 -11%
Northern Trust
21
Northern Trust
Illinois
$59.2M +$695K +7,218 +1%
Bank of America
22
Bank of America
North Carolina
$56.1M +$3.04M +31,594 +7%
Ameriprise
23
Ameriprise
Minnesota
$51.7M +$9.12M +94,791 +26%
RIM
24
Ranger Investment Management
Texas
$51.4M -$31.1M -323,311 -42%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$51.4M -$363K -3,769 -0.8%
1
2 3 4 5

ELF Hedge Fund Activity: Q2 2023 in Review

390 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q2 2023, worth a combined $5.75B — up 36% from $4.21B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new ELF positions and 33 closed out — a net gain of 60 holders — while 115 added to existing stakes and 152 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $119M. The largest seller was Assenagon Asset Management, cutting an estimated $141M.

  • 390 institutional investors held e.l.f. Beauty (ELF) as of Q2 2023, up from 331 in Q1 2023.
  • Funds reported $5.75B of e.l.f. Beauty stock for Q2 2023, up 36% quarter-over-quarter.
  • 93 funds opened new e.l.f. Beauty positions in Q2 2023 and 33 closed out, a net change of +60 holders.
  • The largest e.l.f. Beauty buyer in Q2 2023 was T. Rowe Price Associates, an estimated $119M added.
  • The largest e.l.f. Beauty seller in Q2 2023 was Assenagon Asset Management, an estimated $141M sold.

Based on aggregated 13F filings for Q2 2023.