Elastic
ESTC
362 hedge funds and large institutions have $6.03B invested in Elastic in 2022 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 147 increasing their positions, 104 reducing their positions, and 80 closing their positions.
95% more call options, than puts
Call options by funds: $194M | Put options by funds: $99.2M
41% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 104
4.82% less ownership
Funds ownership: 78.61% → 73.79% (-4.8%)
5% less funds holding
Funds holding: 382 → 362 (-20)
21% less funds holding in top 10
Funds holding in top 10: 24 → 19 (-5)
23% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 80
32% less capital invested
Capital invested by funds: $8.82B → $6.03B (-$2.79B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$145M |
| 2 |
XL
XN LP
New York
|
+$89.9M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$83.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$43.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$42.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$231M |
| 2 |
MP
Marcho Partners
London,
United Kingdom
|
-$148M |
| 3 |
AIM
Anatole Investment Management
Central,
Hong Kong
|
-$119M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$113M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$107M |
ESTC Hedge Fund Activity: Q1 2022 in Review
362 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q1 2022, worth a combined $6.03B — down 32% from $8.82B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of ESTC and 62 opened new positions — a net loss of 18 holders — while 104 trimmed existing stakes and 147 added.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $145M. The largest seller was Tiger Global Management, cutting an estimated $231M.
- 362 institutional investors held Elastic (ESTC) as of Q1 2022, down from 382 in Q4 2021.
- Funds reported $6.03B of Elastic stock for Q1 2022, down 32% quarter-over-quarter.
- 62 funds opened new Elastic positions in Q1 2022 and 80 closed out, a net change of -18 holders.
- The largest Elastic buyer in Q1 2022 was Jericho Capital Asset Management, an estimated $145M added.
- The largest Elastic seller in Q1 2022 was Tiger Global Management, an estimated $231M sold.
Based on aggregated 13F filings for Q1 2022.