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Elastic

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: 323305 (-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: 1310 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
51
ExodusPoint Capital Management
New York
$11.5M +$10.7M +187,530 +1,733%
CCPM
52
Cooper Creek Partners Management
New York
$11.1M +$10.9M +192,115 New
DAM
53
Deepwater Asset Management
Minnesota
$10.4M +$1.1M +19,364 +12%
Goldman Sachs
54
Goldman Sachs
New York
$10.2M -$88.2M -1,548,633 -90%
TC
55
TwinBeech Capital
New York
$9.93M +$9.52M +167,059 +3,764%
Caisse de Depot et Placement du Quebec (CDPQ)
56
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$9.52M -$12.5M -219,400 -57%
Swiss National Bank
57
Swiss National Bank
Switzerland
$9.51M -$1.1M -19,300 -11%
NC
58
Nicholas Company
Wisconsin
$9.49M
California Public Employees Retirement System
59
California Public Employees Retirement System
California
$8.45M +$298K +5,230 +4%
OPCM
60
Osborne Partners Capital Management
California
$7.47M +$68.4K +1,201 +0.9%
AllianceBernstein
61
AllianceBernstein
Tennessee
$7.06M -$44.9M -787,483 -87%
Tudor Investment Corp
62
Tudor Investment Corp
Connecticut
$6.96M +$6.85M +120,171 New
GPGA
63
Grandeur Peak Global Advisors
Utah
$6.81M -$249K -4,373 -4%
SLG
64
Stanley-Laman Group
Pennsylvania
$6.78M +$5.68M +99,689 +573%
AG
65
Algert Global
California
$6.38M +$3.63M +63,617 +137%
Point72 Asset Management
66
Point72 Asset Management
Connecticut
$6.24M -$12.4M -217,151 -67%
PCM
67
Prelude Capital Management
New York
$5.88M +$5.29M +92,911 +1,067%
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$5.86M -$77.6K -1,362 -1%
CS
69
Credit Suisse
Switzerland
$5.36M +$126K +2,206 +2%
RhumbLine Advisers
70
RhumbLine Advisers
Massachusetts
$5.26M +$501K +8,797 +11%
New York State Common Retirement Fund
71
New York State Common Retirement Fund
New York
$5.24M -$523K -9,176 -9%
State Board of Administration of Florida Retirement System
72
State Board of Administration of Florida Retirement System
Florida
$5.03M
State of Wisconsin Investment Board
73
State of Wisconsin Investment Board
Wisconsin
$4.96M -$538K -9,433 -10%
TI
74
Trexquant Investment
Connecticut
$4.89M -$21.8K -383 -0.5%
Legal & General Group
75
Legal & General Group
United Kingdom
$4.43M +$366K +6,426 +9%

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.