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Elastic

344 hedge funds and large institutions have $10.1B invested in Elastic in 2021 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 137 increasing their positions, 110 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more funds holding in top 10

Funds holding in top 10: 1419 (+5)

30% more capital invested

Capital invested by funds: $7.77B → $10.1B (+$2.33B)

25% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 110

14% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 50

2% more funds holding

Funds holding: 337344 (+7)

2.08% less ownership

Funds ownership: 77.85%75.77% (-2.1%)

12% less call options, than puts

Call options by funds: $123M | Put options by funds: $140M

Holders
344
Holders Change
+7
Holders Change %
+2.08%
% of All Funds
5.99%
Holding in Top 10
19
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+35.71%
% of All Funds
0.33%
New
57
Increased
137
Reduced
110
Closed
50
Calls
$123M
Puts
$140M
Net Calls
-$16.5M
Net Calls Change
+$47.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$928M -$239M -1,909,534 -23%
Vanguard Group
2
Vanguard Group
Pennsylvania
$895M +$5.76M +46,089 +0.8%
BlackRock
3
BlackRock
New York
$736M -$25.3M -202,589 -4%
SCH
4
Sylebra Capital (HK)
Hong Kong
$642M -$80.2M -641,420 -13%
Tiger Global Management
5
Tiger Global Management
New York
$586M
Capital International Investors
6
Capital International Investors
California
$366M +$9.29M +74,332 +3%
JSP
7
Jackson Square Partners
California
$362M +$24.9M +199,444 +9%
JP Morgan Chase
8
JP Morgan Chase
New York
$350M +$12.4M +99,338 +4%
WRCM
9
Whale Rock Capital Management
Massachusetts
$323M +$277M +2,215,171 New
Morgan Stanley
10
Morgan Stanley
New York
$287M -$12.1M -96,877 -5%
ClearBridge Investments
11
ClearBridge Investments
New York
$243M +$14.2M +113,644 +7%
Deutsche Bank
12
Deutsche Bank
Germany
$192M -$8.83M -70,635 -5%
MP
13
Marcho Partners
United Kingdom
$176M +$11.1M +88,500 +8%
Ameriprise
14
Ameriprise
Minnesota
$172M +$25.9M +206,835 +21%
Wells Fargo
15
Wells Fargo
California
$155M -$3.71M -29,693 -3%
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$154M +$69.8M +558,509 +113%
Alkeon Capital Management
17
Alkeon Capital Management
New York
$149M +$112M +900,000 +720%
State Street
18
State Street
Massachusetts
$144M +$18.8M +150,348 +18%
EAM
19
Eagle Asset Management
Florida
$127M -$38.2K -306 -0%
XEA
20
XN Exponent Advisors
New York
$116M -$20.9M -167,405 -17%
Mawer Investment Management
21
Mawer Investment Management
Alberta, Canada
$112M +$3.87M +30,968 +4%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$110M -$1.38M -11,042 -1%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$105M +$17.6M +140,499 +24%
AIM
24
Artemis Investment Management
United Kingdom
$101M +$25.3M +202,251 +41%
BBCM
25
Broad Bay Capital Management
New York
$90.1M +$3M +24,000 +4%

ESTC Hedge Fund Activity: Q2 2021 in Review

344 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q2 2021, worth a combined $10.1B — up 30% from $7.77B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new ESTC positions and 50 closed out — a net gain of 7 holders — while 137 added to existing stakes and 110 trimmed.

The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $277M. The largest seller was Fidelity Investments, cutting an estimated $239M.

  • 344 institutional investors held Elastic (ESTC) as of Q2 2021, up from 337 in Q1 2021.
  • Funds reported $10.1B of Elastic stock for Q2 2021, up 30% quarter-over-quarter.
  • 57 funds opened new Elastic positions in Q2 2021 and 50 closed out, a net change of +7 holders.
  • The largest Elastic buyer in Q2 2021 was Whale Rock Capital Management, an estimated $277M added.
  • The largest Elastic seller in Q2 2021 was Fidelity Investments, an estimated $239M sold.

Based on aggregated 13F filings for Q2 2021.