Elastic
ESTC
202 hedge funds and large institutions have $4.22B invested in Elastic in 2019 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 87 increasing their positions, 44 reducing their positions, and 30 closing their positions.
98% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 44
90% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 30
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
41% more capital invested
Capital invested by funds: $2.99B → $4.22B (+$1.23B)
15% more funds holding
Funds holding: 175 → 202 (+27)
12.59% more ownership
Funds ownership: 54.28% → 66.87% (+13%)
12% less call options, than puts
Call options by funds: $40M | Put options by funds: $45.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Pendal Group
Sydney,
Australia
|
+$369M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$108M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$94.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$84.9M |
| 5 |
Alkeon Capital Management
New York
|
+$80M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVAV
Index Venture Associates VI
St. Helier, Channel Islands,
Jersey
|
-$193M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.4M |
| 3 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$56M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$52.8M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$48.3M |
ESTC Hedge Fund Activity: Q3 2019 in Review
202 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q3 2019, worth a combined $4.22B — up 41% from $2.99B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new ESTC positions and 30 closed out — a net gain of 27 holders — while 87 added to existing stakes and 44 trimmed.
The largest buyer was Pendal Group, opening a new position worth an estimated $369M. The largest seller was Index Venture Associates VI, cutting an estimated $193M.
- 202 institutional investors held Elastic (ESTC) as of Q3 2019, up from 175 in Q2 2019.
- Funds reported $4.22B of Elastic stock for Q3 2019, up 41% quarter-over-quarter.
- 57 funds opened new Elastic positions in Q3 2019 and 30 closed out, a net change of +27 holders.
- The largest Elastic buyer in Q3 2019 was Pendal Group, an estimated $369M added.
- The largest Elastic seller in Q3 2019 was Index Venture Associates VI, an estimated $193M sold.
Based on aggregated 13F filings for Q3 2019.