Elastic
ESTC
175 hedge funds and large institutions have $2.99B invested in Elastic in 2019 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 66 increasing their positions, 21 reducing their positions, and 26 closing their positions.
214% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 21
204% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 26
41% more funds holding
Funds holding: 124 → 175 (+51)
11% more capital invested
Capital invested by funds: $2.68B → $2.99B (+$306M)
7.27% more ownership
Funds ownership: 47.01% → 54.28% (+7.3%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
66% less call options, than puts
Call options by funds: $11.4M | Put options by funds: $33.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$323M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$140M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$112M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$107M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$444M |
| 2 |
Morgan Stanley
New York
|
-$277M |
| 3 |
GA
Greenspring Associates
Owings Mills,
Maryland
|
-$238M |
| 4 |
IVAV
Index Venture Associates VI
St. Helier, Channel Islands,
Jersey
|
-$237M |
| 5 |
IC
Intel Corp
Santa Clara,
California
|
-$24.1M |
ESTC Hedge Fund Activity: Q2 2019 in Review
175 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q2 2019, worth a combined $2.99B — up 11% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new ESTC positions and 26 closed out — a net gain of 53 holders — while 66 added to existing stakes and 21 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $323M. The largest seller was NEA Management Company, exiting entirely with an estimated $444M sold.
- 175 institutional investors held Elastic (ESTC) as of Q2 2019, up from 124 in Q1 2019.
- Funds reported $2.99B of Elastic stock for Q2 2019, up 11% quarter-over-quarter.
- 79 funds opened new Elastic positions in Q2 2019 and 26 closed out, a net change of +53 holders.
- The largest Elastic buyer in Q2 2019 was Fidelity Investments, an estimated $323M added.
- The largest Elastic seller in Q2 2019 was NEA Management Company, an estimated $444M sold.
Based on aggregated 13F filings for Q2 2019.