e.l.f. Beauty
433 hedge funds and large institutions have $3.76B invested in e.l.f. Beauty in 2025 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 176 increasing their positions, 144 reducing their positions, and 161 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 144
0% less call options, than puts
Call options by funds: $319M | Put options by funds: $319M
0.73% less ownership
Funds ownership: 106.73% → 106% (-0.73%)
13% less capital inflows, than outflows
Capital inflows: $887M | Capital outflows: $1.02B
19% less funds holding
Funds holding: 532 → 433 (-99)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
58% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 161
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
+$61.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$47.6M |
| 3 |
Ilex Capital Partners
London,
United Kingdom
|
+$43.8M |
| 4 |
Janus Henderson Group
London,
|
+$43.8M |
| 5 |
Champlain Investment Partners
Burlington,
Vermont
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$115M |
| 2 |
Aspex Management (HK)
Central,
Hong Kong
|
-$73.6M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$55.9M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$48.8M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$36.5M |
ELF Hedge Fund Activity: Q1 2025 in Review
433 of the 7,483 institutional investors tracked by Wall St. Rank reported a position in e.l.f. Beauty (ELF) for Q1 2025, worth a combined $3.76B — down 50% from $7.55B a quarter earlier.
Sellers outnumbered buyers: 161 funds closed out of ELF and 67 opened new positions — a net loss of 94 holders — while 144 trimmed existing stakes and 176 added.
The largest buyer was Ensign Peak Advisors, adding an estimated $61.6M. The largest seller was Wellington Management Group, cutting an estimated $115M.
- 433 institutional investors held e.l.f. Beauty (ELF) as of Q1 2025, down from 532 in Q4 2024.
- Funds reported $3.76B of e.l.f. Beauty stock for Q1 2025, down 50% quarter-over-quarter.
- 67 funds opened new e.l.f. Beauty positions in Q1 2025 and 161 closed out, a net change of -94 holders.
- The largest e.l.f. Beauty buyer in Q1 2025 was Ensign Peak Advisors, an estimated $61.6M added.
- The largest e.l.f. Beauty seller in Q1 2025 was Wellington Management Group, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2025.