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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
RA
251
Resolute Advisors
California
$346K
Neuberger Berman Group
252
Neuberger Berman Group
New York
$340K +$27.9K +266 +10%
Cerity Partners
253
Cerity Partners
New York
$332K +$32.9K +313 +12%
GCM
254
Greenland Capital Management
New York
$332K +$306K +2,912 New
TI
255
Tidal Investments
Wisconsin
$329K -$2.14M -20,375 -88%
ProShare Advisors
256
ProShare Advisors
Maryland
$327K +$67.3K +641 +29%
QCM
257
QRG Capital Management
Illinois
$326K +$4.52K +43 +2%
CIBC Asset Management
258
CIBC Asset Management
Ontario, Canada
$320K +$295K +2,806 New
SM
259
Sciencast Management
New Jersey
$318K +$293K +2,793 New
YIH
260
Y-Intercept (HK)
Hong Kong
$302K -$2.07M -19,672 -88%
HAG
261
HighPoint Advisor Group
Illinois
$300K -$3.68K -35 -1%
MAP
262
Moody Aldrich Partners
Massachusetts
$294K -$105 -1 -0%
Envestnet Asset Management
263
Envestnet Asset Management
Illinois
$287K +$26.4K +251 +11%
PCMH
264
Polymer Capital Management (HK)
Hong Kong
$285K +$263K +2,500 New
BHCM
265
Brevan Howard Capital Management
Jersey
$282K -$11.1M -105,823 -98%
Connor, Clark & Lunn Investment Management (CC&L)
266
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$280K -$12.1M -114,871 -98%
VI
267
Versor Investments
New York
$278K +$256K +2,441 New
US Bancorp
268
US Bancorp
Minnesota
$277K +$15.8K +150 +7%
Wealth Enhancement Advisory Services
269
Wealth Enhancement Advisory Services
Minnesota
$277K +$255K +2,431 New
EA
270
Emerald Advisers
Pennsylvania
$264K +$243K +2,314 New
PG
271
Prostatis Group
Maryland
$263K +$243K +2,313 New
MLM
272
Mount Lucas Management
Pennsylvania
$259K +$239K +2,273 New
SC
273
Saturna Capital
Washington
$250K -$20.7K -197 -8%
PCM
274
Prelude Capital Management
New York
$244K -$1.83M -17,391 -89%
GCP
275
GSA Capital Partners
United Kingdom
$243K -$210K -2,000 -48%

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.