We are live on ! Find out more
ESTC icon

Elastic
ESTC

305 hedge funds and large institutions have $4.3B invested in Elastic in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 109 increasing their positions, 106 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

153% more call options, than puts

Call options by funds: $77.8M | Put options by funds: $30.8M

10% more capital invested

Capital invested by funds: $3.89B → $4.3B (+$407M)

3% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 106

1.94% less ownership

Funds ownership: 79.16% → 77.22% (-1.9%)

6% less funds holding

Funds holding: 323 → 305 (-18)

22% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 59

23% less funds holding in top 10

Funds holding in top 10: 13 → 10 (-3)

Holders
305
Holders Change
-18
Holders Change %
-5.57%
% of All Funds
4.86%
Holding in Top 10
10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-23.08%
% of All Funds
0.16%
New
46
Increased
109
Reduced
106
Closed
59
Calls
$77.8M
Puts
$30.8M
Net Calls
+$47M
Net Calls Change
+$17.1M

Top Buyers

1
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
+$98.2M
2
PAMS
Pictet Asset Management (Switzerland)
Switzerland
+$94.7M
3
SCM
Scopia Capital Management
New York
+$43.7M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$40M
5
Bank of America
Bank of America
North Carolina
+$24.4M

Top Sellers

1
JCAM
Jericho Capital Asset Management
New York
-$116M
2
Goldman Sachs
Goldman Sachs
New York
-$88.2M
3
PCH
Polar Capital Holdings
United Kingdom
-$45.9M
4
AllianceBernstein
AllianceBernstein
Tennessee
-$44.9M
5
ClearBridge Investments
ClearBridge Investments
New York
-$39.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
OLVIG
301
Oliver Lagore Vanvalin Investment Group
Michigan
$405 – – –
First Manhattan
302
First Manhattan
New York
$347 – – –
CFO
303
CVA Family Office
Colorado
$290 – – –
CWA
304
Clearview Wealth Advisors
Oregon
$232 +$228 +4 New
JCAM
305
Jericho Capital Asset Management
New York
– -$116M -2,248,125 Closed
ClearBridge Investments
306
ClearBridge Investments
New York
– -$39.5M -767,157 Closed
CGI
307
Calixto Global Investors
Florida
– -$7M -135,914 Closed
CMG
308
Cavalry Management Group
California
– -$5.08M -98,707 Closed
ACM
309
Archon Capital Management
Washington
– -$3.24M -62,845 Closed
AWG
310
Alpha Wave Global
New York
– -$3.21M -62,405 Closed
IHG
311
Insight Holdings Group
New York
– -$3.09M -60,000 Closed
PAMP
312
Polar Asset Management Partners
Ontario, Canada
– -$2.5M -48,578 Closed
MAM
313
Maytree Asset Management
Hong Kong
– -$2.34M -45,363 Closed
ACA
314
Apis Capital Advisors
New York
– -$2.16M -42,000 Closed
RJA
315
Raymond James & Associates
Florida
– -$1.92M -37,336 Closed
QT
316
Quantbot Technologies
New York
– -$1.61M -31,273 Closed
HCMT
317
Highland Capital Management (Tennessee)
Tennessee
– -$1.43M -27,669 Closed
CM
318
Capula Management
Cayman Islands
– -$1.33M -25,810 Closed
YDMI
319
Y.D. More Investments
Israel
– -$962K -18,632 Closed
BCI
320
Brinker Capital Investments
Pennsylvania
– -$737K -14,318 Closed
AIM
321
Aigen Investment Management
New York
– -$643K -12,490 Closed
Macquarie Group
322
Macquarie Group
Australia
– -$571K -11,088 Closed
WP
323
Woodline Partners
California
– -$527K -10,229 Closed
CCM
324
CAAS Capital Management
New York
– -$515K -10,000 Closed
VI
325
Versor Investments
New York
– -$458K -8,900 Closed
11 12
13
14 15

ESTC Hedge Fund Activity: Q1 2023 in Review

305 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q1 2023, worth a combined $4.3B — up 10% from $3.89B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of ESTC and 46 opened new positions — a net loss of 13 holders — while 106 trimmed existing stakes and 109 added.

The largest buyer was Baillie Gifford & Co, adding an estimated $98.2M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $116M sold.

  • 305 institutional investors held Elastic (ESTC) as of Q1 2023, down from 323 in Q4 2022.
  • Funds reported $4.3B of Elastic stock for Q1 2023, up 10% quarter-over-quarter.
  • 46 funds opened new Elastic positions in Q1 2023 and 59 closed out, a net change of -13 holders.
  • The largest Elastic buyer in Q1 2023 was Baillie Gifford & Co, an estimated $98.2M added.
  • The largest Elastic seller in Q1 2023 was Jericho Capital Asset Management, an estimated $116M sold.

Based on aggregated 13F filings for Q1 2023.