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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
SOW
301
State of Wyoming
Wyoming
$119K +$45.5K +433 +71%
TWC
302
TD Waterhouse Canada
Ontario, Canada
$116K +$33.4K +318 +47%
FIA
303
FNY Investment Advisers
New York
$115K +$107K +1,016 New
C
304
Covestor
United Kingdom
$94K +$31.9K +304 +58%
HFM
305
Harvest Fund Management
China
$93K +$85.7K +816 New
HT
306
Headlands Technologies
Illinois
$71.5K +$28.4K +270 +75%
FDCDDQ
307
Federation des caisses Desjardins du Quebec
Quebec, Canada
$70.1K +$1.26K +12 +2%
Northwestern Mutual Wealth Management
308
Northwestern Mutual Wealth Management
Wisconsin
$59.2K -$1.36K -13 -2%
PS
309
Principal Securities
Iowa
$49.8K -$2.73K -26 -6%
Nisa Investment Advisors
310
Nisa Investment Advisors
Missouri
$46.7K
S
311
SignatureFD
Georgia
$44.3K +$12.5K +119 +44%
LIA
312
Lynx Investment Advisory
District of Columbia
$42.7K +$39.4K +375 New
QL
313
Quarry LP
New York
$40.3K +$37.2K +354 New
AA
314
AlphaCentric Advisors
Puerto Rico
$39.8K +$36.7K +349 New
ADL
315
Asset Dedication LLC
California
$34.3K +$29.4K +280 +1,333%
PIM
316
Plato Investment Management
Australia
$33.4K -$21.3K -203 -41%
Allspring Global Investments
317
Allspring Global Investments
North Carolina
$33.3K -$36.2K -345 -54%
FAM
318
Fred Alger Management
New York
$31.8K +$315 +3 +1%
GI
319
GAMMA Investing
California
$20K -$1.57K -15 -8%
TFIPS
320
Towarzystwo Funduszy Inwestycyjnych PZU SA
$19.4K
AW
321
Avion Wealth
Texas
$18K +$17K +162 New
MTIC
322
Missouri Trust & Investment Company
Missouri
$17.7K
Mitsubishi UFJ Asset Management
323
Mitsubishi UFJ Asset Management
Japan
$17.7K
CI Investments Inc
324
CI Investments Inc
Ontario, Canada
$17K -$213K -2,027 -93%
CAM
325
ClariVest Asset Management
California
$14.7K -$1.92M -18,290 -99%

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.