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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
TI
151
TrueMark Investments
Illinois
$2.31M
ACMH
152
Andar Capital Management (HK)
Hong Kong
$2.28M +$2.1M +20,000 New
DekaBank Deutsche Girozentrale
153
DekaBank Deutsche Girozentrale
Germany
$2.26M +$147K +1,401 +8%
LPL Financial
154
LPL Financial
California
$2.17M +$247K +2,349 +14%
JRP
155
Jasper Ridge Partners
California
$2.13M
JHCP
156
Jackson Hole Capital Partners
Oklahoma
$2.13M +$81.8K +779 +4%
ETC
157
Exchange Traded Concepts
Oklahoma
$2.08M +$1.91M +18,175 +38,670%
Capital Fund Management (CFM)
158
Capital Fund Management (CFM)
France
$2.07M +$1.91M +18,156 New
SCM
159
Sandler Capital Management
New York
$2.05M +$1.89M +18,000 New
QC
160
Quadrature Capital
United Kingdom
$2.02M -$134K -1,273 -7%
Stifel Financial
161
Stifel Financial
Missouri
$2.01M +$67.5K +643 +4%
TCM
162
Tybourne Capital Management
Hong Kong
$2M +$1.84M +17,528 New
WE
163
Wealth Effects
Massachusetts
$1.93M +$381K +3,625 +27%
Handelsbanken Fonder
164
Handelsbanken Fonder
Sweden
$1.89M +$158K +1,500 +10%
GS
165
GTS Securities
New York
$1.79M -$68.8K -655 -4%
HSBC Holdings
166
HSBC Holdings
United Kingdom
$1.77M +$307K +2,927 +23%
Citigroup
167
Citigroup
New York
$1.68M -$21M -199,931 -93%
DB
168
Danske Bank
Denmark
$1.68M -$1.01M -9,634 -40%
Manulife (Manufacturers Life Insurance)
169
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.67M +$2.84K +27 +0.2%
CC
170
Clearline Capital
New York
$1.62M
TI
171
Think Investments
California
$1.59M +$1.47M +13,963 New
URS
172
Utah Retirement Systems
Utah
$1.53M -$42K -400 -3%
HCMT
173
Highland Capital Management (Tennessee)
Tennessee
$1.48M -$232K -2,212 -15%
MIC
174
Maxi Investments CY
Cyprus
$1.48M +$882K +8,400 +183%
Prudential Financial
175
Prudential Financial
New Jersey
$1.43M -$756K -7,200 -36%

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.