Elastic
ESTC
343 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 53 closing their positions.
36% more funds holding in top 10
Funds holding in top 10: 14 → 19 (+5)
30% more capital invested
Capital invested by funds: $7.78B → $10.1B (+$2.32B)
25% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 110
1% more funds holding
Funds holding: 339 → 343 (+4)
8% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 53
3% less call options, than puts
Call options by funds: $136M | Put options by funds: $140M
2.18% less ownership
Funds ownership: 77.87% → 75.69% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$277M |
| 2 |
Alkeon Capital Management
New York
|
+$112M |
| 3 |
AM
Atreides Management
Boston,
Massachusetts
|
+$71.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$69.8M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$64.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$239M |
| 2 |
Bank of New York Mellon
New York
|
-$132M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$94M |
| 4 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$80.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$65.3M |
ESTC Hedge Fund Activity: Q2 2021 in Review
343 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q2 2021, worth a combined $10.1B — up 30% from $7.78B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new ESTC positions and 53 closed out — a net gain of 4 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.
- 343 institutional investors held Elastic (ESTC) as of Q2 2021, up from 339 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 53 closed out, a net change of +4 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.