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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
Two Sigma Advisers
26
Two Sigma Advisers
New York
$65M +$37.3M +420,200 +268%
TCM
27
TimesSquare Capital Management
New York
$64.2M -$6.81M -76,680 -12%
First Trust Advisors
28
First Trust Advisors
Illinois
$62.2M +$6.48M +72,920 +15%
1832 Asset Management
29
1832 Asset Management
Ontario, Canada
$58.2M +$45.9M +516,000 New
Charles Schwab
30
Charles Schwab
California
$56.8M +$1.65M +18,558 +4%
Voloridge Investment Management
31
Voloridge Investment Management
Florida
$56.7M +$44M +494,784 +5,779%
BNP Paribas Financial Markets
32
BNP Paribas Financial Markets
France
$56.2M +$33.6M +378,194 +314%
Lord, Abbett & Co
33
Lord, Abbett & Co
New Jersey
$54.7M +$43.1M +485,451 New
Bank of New York Mellon
34
Bank of New York Mellon
New York
$53M +$729K +8,198 +2%
N
35
Nuveen
North Carolina
$50.2M +$9.85M +110,807 +33%
Northern Trust
36
Northern Trust
Illinois
$44.5M +$1.99M +22,389 +6%
Amundi
37
Amundi
France
$37.5M +$23M +258,650 +300%
DCM
38
Driehaus Capital Management
Illinois
$37.2M +$29.3M +330,053 New
GPGA
39
Grandeur Peak Global Advisors
Utah
$36.2M +$13.8M +154,918 +93%
DG
40
Daventry Group
New York
$35.8M -$1.44M -16,200 -5%
MP
41
Marcho Partners
United Kingdom
$35.4M -$22M -247,662 -44%
ACH
42
ArrowMark Colorado Holdings
Colorado
$35M +$27.6M +310,882 New
AI
43
Advent International
Massachusetts
$33.6M -$13.7M -154,500 -34%
UBS AM
44
UBS AM
Illinois
$33.4M +$1.67M +18,751 +7%
Millennium Management
45
Millennium Management
New York
$31.6M -$4.88M -54,915 -16%
CCM
46
Cota Capital Management
California
$31.4M -$3.66M -41,170 -13%
T. Rowe Price Associates
47
T. Rowe Price Associates
Maryland
$29.3M +$19.9M +224,149 +633%
Connor, Clark & Lunn Investment Management (CC&L)
48
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$29.1M +$3.86M +43,433 +20%
Alyeska Investment Group
49
Alyeska Investment Group
Illinois
$29.1M -$48.6M -546,913 -68%
CSS
50
Cubist Systematic Strategies
Connecticut
$28.9M +$15.7M +176,319 +220%
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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.