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e.l.f. Beauty

519 hedge funds and large institutions have $9.96B invested in e.l.f. Beauty in 2024 Q1 according to their latest regulatory filings, with 132 funds opening new positions, 157 increasing their positions, 205 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

207% more first-time investments, than exits

New positions opened: 132 | Existing positions closed: 43

24% more capital invested

Capital invested by funds: $8.06B → $9.96B (+$1.9B)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

19% more funds holding

Funds holding: 435519 (+84)

9.55% less ownership

Funds ownership: 101.14%91.59% (-9.6%)

23% less repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 205

28% less call options, than puts

Call options by funds: $466M | Put options by funds: $649M

Holders
519
Holders Change
+84
Holders Change %
+19.31%
% of All Funds
7.48%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
132
Increased
157
Reduced
205
Closed
43
Calls
$466M
Puts
$649M
Net Calls
-$182M
Net Calls Change
-$96.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.28B -$358M -2,018,177 -24%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.08B -$101M -566,443 -9%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$512M +$12.8M +72,011 +3%
JP Morgan Chase
4
JP Morgan Chase
New York
$455M +$134M +756,114 +48%
State Street
5
State Street
Massachusetts
$379M -$12.2M -68,779 -3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$360M -$5.77M -32,493 -2%
Invesco
7
Invesco
Georgia
$319M -$30.9M -174,188 -10%
Morgan Stanley
8
Morgan Stanley
New York
$280M -$251M -1,414,259 -50%
William Blair Investment Management
9
William Blair Investment Management
Illinois
$263M -$93.6M -526,840 -28%
Renaissance Technologies
10
Renaissance Technologies
New York
$261M -$39.8M -224,100 -14%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$240M -$2.97M -16,727 -1%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$182M -$2.24M -12,612 -1%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$151M -$32.2M -181,054 -19%
Norges Bank
14
Norges Bank
Norway
$139M +$8.38M +47,197 +7%
ClearBridge Investments
15
ClearBridge Investments
New York
$134M +$121M +683,261 New
Northern Trust
16
Northern Trust
Illinois
$122M +$6.91M +38,923 +7%
Charles Schwab
17
Charles Schwab
California
$120M -$3.38M -19,032 -3%
Goldman Sachs
18
Goldman Sachs
New York
$112M -$6.22M -34,997 -6%
AI
19
Axiom Investors
Connecticut
$107M +$5.56M +31,301 +6%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$101M +$7.21M +40,563 +9%
Fuller & Thaler Asset Management
21
Fuller & Thaler Asset Management
California
$100M +$19.8M +111,523 +28%
N
22
Nuveen
North Carolina
$97.3M -$7.64M -42,996 -8%
DCM
23
Driehaus Capital Management
Illinois
$92.8M -$11M -61,987 -12%
CIBC Private Wealth Group
24
CIBC Private Wealth Group
Georgia
$91.1M +$22.7M +127,613 +37%
CAM
25
Congress Asset Management
Massachusetts
$83.2M -$6.72M -37,843 -8%

ELF Hedge Fund Activity: Q1 2024 in Review

519 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q1 2024, worth a combined $9.96B — up 24% from $8.06B a quarter earlier.

Buyers outnumbered sellers: 132 funds opened new ELF positions and 43 closed out — a net gain of 89 holders — while 157 added to existing stakes and 205 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $134M. The largest seller was BlackRock, cutting an estimated $358M.

  • 519 institutional investors held e.l.f. Beauty (ELF) as of Q1 2024, up from 435 in Q4 2023.
  • Funds reported $9.96B of e.l.f. Beauty stock for Q1 2024, up 24% quarter-over-quarter.
  • 132 funds opened new e.l.f. Beauty positions in Q1 2024 and 43 closed out, a net change of +89 holders.
  • The largest e.l.f. Beauty buyer in Q1 2024 was JP Morgan Chase, an estimated $134M added.
  • The largest e.l.f. Beauty seller in Q1 2024 was BlackRock, an estimated $358M sold.

Based on aggregated 13F filings for Q1 2024.