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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
Susquehanna International Group
76
Susquehanna International Group
Pennsylvania
$11M -$11.1M -105,654 -52%
RhumbLine Advisers
77
RhumbLine Advisers
Massachusetts
$11M -$84.6K -806 -0.8%
Franklin Resources
78
Franklin Resources
California
$10.9M +$10.1M +95,844 New
SEI Investments
79
SEI Investments
Pennsylvania
$10.3M -$4.87M -46,336 -34%
State of Wisconsin Investment Board
80
State of Wisconsin Investment Board
Wisconsin
$10.1M +$1.47M +13,976 +19%
California State Teachers Retirement System (CalSTRS)
81
California State Teachers Retirement System (CalSTRS)
California
$9.5M -$110K -1,046 -1%
Deutsche Bank
82
Deutsche Bank
Germany
$9.19M +$47.7K +454 +0.6%
State Board of Administration of Florida Retirement System
83
State Board of Administration of Florida Retirement System
Florida
$9.03M -$802K -7,636 -9%
TAM
84
Thematics Asset Management
France
$8.98M +$1.22M +11,663 +17%
Verition Fund Management
85
Verition Fund Management
Connecticut
$8.88M +$3.4M +32,349 +71%
Principal Financial Group
86
Principal Financial Group
Iowa
$8.61M -$1.22M -11,619 -13%
FDC
87
Flight Deck Capital
California
$8.22M
SFA
88
Source Financial Advisors
New York
$8.22M
Commonwealth Equity Services
89
Commonwealth Equity Services
Massachusetts
$8.09M +$6.98M +66,508 +1,475%
Invesco
90
Invesco
Georgia
$7.96M +$435K +4,144 +6%
JWM
91
Jessup Wealth Management
Ohio
$7.72M +$7.12M +67,751 New
JCM
92
JAT Capital Management
Connecticut
$7.56M +$6.97M +66,374 New
CP
93
CenterBook Partners
Connecticut
$7.4M -$2.11M -20,122 -24%
TI
94
Trexquant Investment
Connecticut
$7.3M +$3.92M +37,358 +140%
Pathstone Holdings
95
Pathstone Holdings
New Jersey
$7.24M +$53.7K +511 +0.8%
AQR Capital Management
96
AQR Capital Management
Connecticut
$7.06M -$1.98M -18,841 -23%
New York State Common Retirement Fund
97
New York State Common Retirement Fund
New York
$6.95M -$189K -1,796 -3%
PI
98
PEAK6 Investments
Illinois
$6.94M -$2.95M -28,092 -32%
UBS Group
99
UBS Group
Switzerland
$6.7M -$3.33M -31,690 -35%
JSSH
100
J. Safra Sarasin Holding
$6.62M +$6.11M +58,156 New

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.