e.l.f. Beauty
492 hedge funds and large institutions have $6.06B invested in e.l.f. Beauty in 2024 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 219 increasing their positions, 155 reducing their positions, and 163 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 155
5.22% more ownership
Funds ownership: 93.29% → 98.51% (+5.2%)
15% less funds holding
Funds holding: 576 → 492 (-84)
17% less call options, than puts
Call options by funds: $441M | Put options by funds: $530M
45% less capital invested
Capital invested by funds: $11.1B → $6.06B (-$5.02B)
50% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 163
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$236M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$175M |
| 3 |
Swedbank
Stockholm,
Sweden
|
+$110M |
| 4 |
ACM
Anomaly Capital Management
New York
|
+$86.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$64.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$158M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$108M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$100M |
| 4 |
Renaissance Technologies
New York
|
-$78.7M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$72.1M |
ELF Hedge Fund Activity: Q3 2024 in Review
492 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q3 2024, worth a combined $6.06B — down 45% from $11.1B a quarter earlier.
Sellers outnumbered buyers: 163 funds closed out of ELF and 82 opened new positions — a net loss of 81 holders — while 155 trimmed existing stakes and 219 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $236M. The largest seller was Invesco, cutting an estimated $158M.
- 492 institutional investors held e.l.f. Beauty (ELF) as of Q3 2024, down from 576 in Q2 2024.
- Funds reported $6.06B of e.l.f. Beauty stock for Q3 2024, down 45% quarter-over-quarter.
- 82 funds opened new e.l.f. Beauty positions in Q3 2024 and 163 closed out, a net change of -81 holders.
- The largest e.l.f. Beauty buyer in Q3 2024 was Baillie Gifford & Co, an estimated $236M added.
- The largest e.l.f. Beauty seller in Q3 2024 was Invesco, an estimated $158M sold.
Based on aggregated 13F filings for Q3 2024.