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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
SC
176
Shay Capital
New York
$1.42M +$1.31M +12,500 New
EC
177
Estate Counselors
Wisconsin
$1.38M
QCM
178
Quantinno Capital Management
New York
$1.37M -$141K -1,343 -10%
IMRF
179
Illinois Municipal Retirement Fund
Illinois
$1.35M
SIAP
180
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$1.33M
X
181
Xponance
Pennsylvania
$1.24M -$14.2K -135 -1%
AFM
182
Anson Funds Management
Texas
$1.21M
Lazard Asset Management
183
Lazard Asset Management
New York
$1.18M +$688K +6,551 +170%
Canada Pension Plan Investment Board
184
Canada Pension Plan Investment Board
Ontario, Canada
$1.17M -$9.32M -88,700 -90%
HighTower Advisors
185
HighTower Advisors
Illinois
$1.17M -$8.3K -79 -0.8%
NYLIM
186
New York Life Investment Management
New York
$1.15M +$96.1K +915 +10%
Thrivent Financial for Lutherans
187
Thrivent Financial for Lutherans
Minnesota
$1.13M -$4.73K -45 -0.5%
Creative Planning
188
Creative Planning
Kansas
$1.07M +$175K +1,668 +22%
RJA
189
Raymond James & Associates
Florida
$1.06M +$222K +2,117 +29%
HVCM
190
Hel Ved Capital Management
Hong Kong
$1.06M -$1.14M -10,870 -54%
TAF
191
Tredje AP-fonden
Sweden
$1.03M
PGCM
192
Prescott Group Capital Management
Oklahoma
$1.02M +$945K +9,000 New
RGI
193
River Global Investors
United Kingdom
$1.02M +$100K +952 +12%
ACS
194
Archford Capital Strategies
Illinois
$976K
DTL
195
Dynamic Technology Lab
Singapore
$975K +$899K +8,562 New
Squarepoint
196
Squarepoint
New York
$965K +$890K +8,474 New
SMDAM
197
Sumitomo Mitsui DS Asset Management
Japan
$928K +$39K +371 +5%
DFCM
198
Dark Forest Capital Management
Puerto Rico
$914K -$11M -105,102 -93%
Public Employees Retirement Association of Colorado
199
Public Employees Retirement Association of Colorado
Colorado
$901K
Los Angeles Capital Management
200
Los Angeles Capital Management
California
$883K -$6.58M -62,685 -89%

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.