Elastic
ESTC
334 hedge funds and large institutions have $5.09B invested in Elastic in 2022 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 120 increasing their positions, 110 reducing their positions, and 41 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 23 → 27 (+4)
8% more capital invested
Capital invested by funds: $4.71B → $5.09B (+$380M)
1.07% more ownership
Funds ownership: 75% → 76.07% (+1.1%)
9% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 110
8% more call options, than puts
Call options by funds: $97.7M | Put options by funds: $90.8M
5% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 41
1% less funds holding
Funds holding: 336 → 334 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$386M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$63.2M |
| 3 |
TP
Toronado Partners
San Francisco,
California
|
+$33.2M |
| 4 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$29.3M |
| 5 |
SC
Styrax Capital
New York
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$96M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$78.9M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$63.8M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$61M |
| 5 |
Morgan Stanley
New York
|
-$48.1M |
ESTC Hedge Fund Activity: Q3 2022 in Review
334 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q3 2022, worth a combined $5.09B — up 8.1% from $4.71B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new ESTC positions and 41 closed out — a net gain of 2 holders — while 120 added to existing stakes and 110 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $386M. The largest seller was Citadel Advisors, cutting an estimated $96M.
- 334 institutional investors held Elastic (ESTC) as of Q3 2022, down from 336 in Q2 2022.
- Funds reported $5.09B of Elastic stock for Q3 2022, up 8.1% quarter-over-quarter.
- 43 funds opened new Elastic positions in Q3 2022 and 41 closed out, a net change of +2 holders.
- The largest Elastic buyer in Q3 2022 was Baillie Gifford & Co, an estimated $386M added.
- The largest Elastic seller in Q3 2022 was Citadel Advisors, an estimated $96M sold.
Based on aggregated 13F filings for Q3 2022.