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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
D.E. Shaw & Co
51
D.E. Shaw & Co
New York
$25.3M -$25.6M -243,618 -52%
Dimensional Fund Advisors
52
Dimensional Fund Advisors
Texas
$24.6M +$3.24M +30,810 +17%
Citadel Advisors
53
Citadel Advisors
Florida
$24M -$33.4M -318,268 -60%
CCPM
54
Cooper Creek Partners Management
New York
$23.2M +$6.52M +62,060 +44%
FCM
55
Frontier Capital Management
Massachusetts
$22.1M -$16.8M -160,387 -45%
AIM
56
Achmea Investment Management
Netherlands
$22M
WRCM
57
Whale Rock Capital Management
Massachusetts
$21.6M -$101M -957,672 -83%
Legal & General Group
58
Legal & General Group
United Kingdom
$20.5M +$8.47M +80,683 +81%
Axa
59
Axa
France
$20.3M +$1.46M +13,905 +8%
T. Rowe Price Associates
60
T. Rowe Price Associates
Maryland
$20.3M -$5.37M -51,112 -22%
NC
61
Nicholas Company
Wisconsin
$20.2M +$1.12M +10,645 +6%
APC
62
Alta Park Capital
California
$19.8M -$1.94M -18,451 -10%
Swiss National Bank
63
Swiss National Bank
Switzerland
$19.2M +$158K +1,500 +0.9%
NCL
64
Nishkama Capital LLC
Puerto Rico
$18.3M +$16.9M +160,669 New
Two Sigma Investments
65
Two Sigma Investments
New York
$18M -$38.9M -370,831 -70%
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$17.4M -$4.69M -44,670 -23%
TP
67
Toronado Partners
California
$17.2M -$411K -3,915 -3%
California Public Employees Retirement System
68
California Public Employees Retirement System
California
$15.7M +$8.51K +81 +0.1%
Arrowstreet Capital
69
Arrowstreet Capital
Massachusetts
$14.6M +$424K +4,038 +3%
ILCM
70
Ivy Lane Capital Management
Florida
$14.2M
Millennium Management
71
Millennium Management
New York
$11.4M -$21.7M -206,599 -67%
HAM
72
Honeycomb Asset Management
New York
$11.4M +$10.5M +100,000 New
VEPM
73
Vista Equity Partners Management
California
$11.4M -$5.43M -51,707 -34%
Bank of Montreal
74
Bank of Montreal
Ontario, Canada
$11.3M -$7.11M -67,747 -41%
Barclays
75
Barclays
United Kingdom
$11.2M -$3.42M -32,609 -25%

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.