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Elastic
ESTC

357 hedge funds and large institutions have $8.94B invested in Elastic in 2023 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 120 increasing their positions, 103 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 37

101% more call options, than puts

Call options by funds: $244M | Put options by funds: $121M

42% more capital invested

Capital invested by funds: $6.3B → $8.94B (+$2.64B)

17% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 103

15% more funds holding

Funds holding: 311 → 357 (+46)

8% more funds holding in top 10

Funds holding in top 10: 13 → 14 (+1)

0.87% more ownership

Funds ownership: 78.75% → 79.62% (+0.87%)

Holders
357
Holders Change
+46
Holders Change %
+14.79%
% of All Funds
5.2%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.2%
New
88
Increased
120
Reduced
103
Closed
37
Calls
$244M
Puts
$121M
Net Calls
+$123M
Net Calls Change
+$26.3M

Top Buyers

1
VOYA Investment Management
VOYA Investment Management
Georgia
+$226M
2
Morgan Stanley
Morgan Stanley
New York
+$149M
3
JP Morgan Chase
JP Morgan Chase
New York
+$127M
4
WRCM
Whale Rock Capital Management
Massachusetts
+$107M
5
SPPAM
Summit Partners Public Asset Management
Massachusetts
+$64.9M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$266M
2
Fidelity International
Fidelity International
Bermuda
-$190M
3
SI
Standard Investments
New York
-$100M
4
Alkeon Capital Management
Alkeon Capital Management
New York
-$84.2M
5
Citadel Advisors
Citadel Advisors
Florida
-$78.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
XT
251
XTX Topco
Cayman Islands
$348K -$640K -7,203 -70%
RA
252
Resolute Advisors
California
$342K – – –
QCM
253
QRG Capital Management
Illinois
$342K +$269K +3,032 New
Neuberger Berman Group
254
Neuberger Berman Group
New York
$324K -$178 -2 -0.1%
BCM
255
Bayesian Capital Management
New York
$304K -$1.63M -18,303 -87%
Lazard Asset Management
256
Lazard Asset Management
New York
$301K +$24.9K +280 +12%
Wellington Management Group
257
Wellington Management Group
Massachusetts
$298K +$235K +2,641 New
HF
258
HRT Financial
New York
$289K -$254K -2,857 -53%
HAG
259
HighPoint Advisor Group
Illinois
$285K +$250K +2,816 New
US Bancorp
260
US Bancorp
Minnesota
$282K +$7.2K +81 +3%
PNC Financial Services Group
261
PNC Financial Services Group
Pennsylvania
$278K +$16.4K +185 +8%
GCM
262
Graham Capital Management
Connecticut
$276K +$218K +2,449 New
SC
263
Scotia Capital
Ontario, Canada
$271K -$127K -1,434 -37%
SC
264
Saturna Capital
Washington
$269K -$7.82K -88 -4%
CC
265
Chicago Capital
Illinois
$267K +$211K +2,371 New
Federated Hermes
266
Federated Hermes
Pennsylvania
$258K +$196K +2,202 +2,474%
Envestnet Asset Management
267
Envestnet Asset Management
Illinois
$258K -$58.4K -657 -22%
RJFSA
268
Raymond James Financial Services Advisors
Florida
$252K -$43.1K -485 -18%
Cerity Partners
269
Cerity Partners
New York
$250K +$197K +2,219 New
NW
270
NewEdge Wealth
Pennsylvania
$245K +$193K +2,170 New
MF
271
Magnetar Financial
Illinois
$241K +$190K +2,138 New
Sumitomo Mitsui Trust Group
272
Sumitomo Mitsui Trust Group
Japan
$237K +$187K +2,103 New
SOW
273
State of Wyoming
Wyoming
$236K -$3.91K -44 -2%
IAS
274
Insigneo Advisory Services
Florida
$229K +$181K +2,032 New
GCP
275
GSA Capital Partners
United Kingdom
$225K -$488K -5,486 -73%
9 10
11
12 13

ESTC Hedge Fund Activity: Q4 2023 in Review

357 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q4 2023, worth a combined $8.94B — up 42% from $6.3B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new ESTC positions and 37 closed out — a net gain of 51 holders — while 120 added to existing stakes and 103 trimmed.

The largest buyer was VOYA Investment Management, adding an estimated $226M. The largest seller was Fidelity Investments, cutting an estimated $266M.

  • 357 institutional investors held Elastic (ESTC) as of Q4 2023, up from 311 in Q3 2023.
  • Funds reported $8.94B of Elastic stock for Q4 2023, up 42% quarter-over-quarter.
  • 88 funds opened new Elastic positions in Q4 2023 and 37 closed out, a net change of +51 holders.
  • The largest Elastic buyer in Q4 2023 was VOYA Investment Management, an estimated $226M added.
  • The largest Elastic seller in Q4 2023 was Fidelity Investments, an estimated $266M sold.

Based on aggregated 13F filings for Q4 2023.