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Elastic

380 hedge funds and large institutions have $9.59B invested in Elastic in 2024 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 121 increasing their positions, 129 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more call options, than puts

Call options by funds: $139M | Put options by funds: $82.9M

54% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 50

19% more capital invested

Capital invested by funds: $8.08B → $9.59B (+$1.51B)

15% more funds holding in top 10

Funds holding in top 10: 1315 (+2)

6% more funds holding

Funds holding: 358380 (+22)

2.75% more ownership

Funds ownership: 79.97%82.72% (+2.7%)

6% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 129

Holders
380
Holders Change
+22
Holders Change %
+6.15%
% of All Funds
5.49%
Holding in Top 10
15
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+15.38%
% of All Funds
0.22%
New
77
Increased
121
Reduced
129
Closed
50
Calls
$139M
Puts
$82.9M
Net Calls
+$56.1M
Net Calls Change
-$68M
Name Holding Trade Value Shares
Change
Change in
Stake
GCM
226
Graham Capital Management
Connecticut
$553K -$387K -3,688 -43%
DIM
227
DC Investments Management
Virginia
$548K
Mariner
228
Mariner
Kansas
$522K -$11.4K -109 -2%
M&T Bank
229
M&T Bank
New York
$514K -$511K -4,870 -52%
AL
230
Aspiriant LLC
California
$513K -$243K -2,311 -34%
CFA
231
Capstone Financial Advisors
Illinois
$510K
CNWM
232
Clay Northam Wealth Management
California
$510K -$36.8K -350 -7%
Vontobel Holding
233
Vontobel Holding
Switzerland
$497K
PAM
234
Panagora Asset Management
Massachusetts
$496K -$29.7M -282,998 -98%
LAM
235
LECAP Asset Management
United Kingdom
$473K +$436K +4,151 New
SI
236
Sapience Investments
California
$469K +$18K +171 +4%
HCS
237
Himension Capital (Singapore)
Singapore
$466K +$430K +4,095 New
KJHP
238
K.J. Harrison & Partners
Ontario, Canada
$456K +$420K +4,000 New
MG
239
Marex Group
$455K -$127K -1,209 -23%
CAM
240
Cresset Asset Management
Illinois
$454K -$92.1K -877 -18%
GAM
241
Gotham Asset Management
New York
$448K -$51K -486 -11%
Wellington Management Group
242
Wellington Management Group
Massachusetts
$436K -$379K -3,605 -48%
SPC
243
Sigma Planning Corp
Michigan
$435K +$2.63K +25 +0.7%
ISL
244
Ingalls & Snyder LLC
New York
$422K +$525 +5 +0.1%
WR
245
WD Rutherford
Oregon
$422K +$389K +3,701 New
IAMH
246
IvyRock Asset Management (HK)
Hong Kong
$399K +$368K +3,500 New
NRD
247
Nebula Research & Development
New York
$359K -$1.93M -18,402 -85%
PNC Financial Services Group
248
PNC Financial Services Group
Pennsylvania
$349K +$53K +505 +20%
Man Group
249
Man Group
United Kingdom
$349K -$942K -8,971 -75%
Twin Tree Management
250
Twin Tree Management
Texas
$348K -$1.04M -9,950 -76%

ESTC Hedge Fund Activity: Q2 2024 in Review

380 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q2 2024, worth a combined $9.59B — up 19% from $8.08B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new ESTC positions and 50 closed out — a net gain of 27 holders — while 121 added to existing stakes and 129 trimmed.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $400M. The largest seller was Fidelity Investments, cutting an estimated $176M.

  • 380 institutional investors held Elastic (ESTC) as of Q2 2024, up from 358 in Q1 2024.
  • Funds reported $9.59B of Elastic stock for Q2 2024, up 19% quarter-over-quarter.
  • 77 funds opened new Elastic positions in Q2 2024 and 50 closed out, a net change of +27 holders.
  • The largest Elastic buyer in Q2 2024 was Capital Research Global Investors, an estimated $400M added.
  • The largest Elastic seller in Q2 2024 was Fidelity Investments, an estimated $176M sold.

Based on aggregated 13F filings for Q2 2024.