Elastic
ESTC
360 hedge funds and large institutions have $10.5B invested in Elastic in 2021 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 117 increasing their positions, 118 reducing their positions, and 56 closing their positions.
36% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 56
16% more funds holding in top 10
Funds holding in top 10: 19 → 22 (+3)
14% more call options, than puts
Call options by funds: $211M | Put options by funds: $185M
5% more funds holding
Funds holding: 344 → 360 (+16)
1.19% more ownership
Funds ownership: 75.77% → 76.96% (+1.2%)
4% more capital invested
Capital invested by funds: $10.1B → $10.5B (+$416M)
1% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 118
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$216M |
| 2 |
Nomura Asset Management
Tokyo,
Japan
|
+$63.8M |
| 3 |
JP Morgan Chase
New York
|
+$56.9M |
| 4 |
HAM
Honeycomb Asset Management
New York
|
+$48.4M |
| 5 |
SCM
Suvretta Capital Management
New York
|
+$41.7M |
Top Sellers
ESTC Hedge Fund Activity: Q3 2021 in Review
360 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q3 2021, worth a combined $10.5B — up 4.1% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new ESTC positions and 56 closed out — a net gain of 20 holders — while 117 added to existing stakes and 118 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $216M. The largest seller was Point72 Asset Management, cutting an estimated $111M.
- 360 institutional investors held Elastic (ESTC) as of Q3 2021, up from 344 in Q2 2021.
- Funds reported $10.5B of Elastic stock for Q3 2021, up 4.1% quarter-over-quarter.
- 76 funds opened new Elastic positions in Q3 2021 and 56 closed out, a net change of +20 holders.
- The largest Elastic buyer in Q3 2021 was Fidelity Investments, an estimated $216M added.
- The largest Elastic seller in Q3 2021 was Point72 Asset Management, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2021.