Elastic
ESTC
323 hedge funds and large institutions have $3.89B invested in Elastic in 2022 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 103 increasing their positions, 121 reducing their positions, and 68 closing their positions.
76% more call options, than puts
Call options by funds: $69.3M | Put options by funds: $39.3M
3.06% more ownership
Funds ownership: 76.05% → 79.11% (+3.1%)
7% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 68
3% less funds holding
Funds holding: 334 → 323 (-11)
15% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 121
25% less capital invested
Capital invested by funds: $5.18B → $3.89B (-$1.29B)
52% less funds holding in top 10
Funds holding in top 10: 27 → 13 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$236M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$144M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$63.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$52.6M |
| 5 |
Goldman Sachs
New York
|
+$45.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XL
XN LP
New York
|
-$64.6M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$57M |
| 3 |
JP Morgan Chase
New York
|
-$54.9M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$42.7M |
| 5 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
-$38.7M |
ESTC Hedge Fund Activity: Q4 2022 in Review
323 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q4 2022, worth a combined $3.89B — down 25% from $5.18B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of ESTC and 63 opened new positions — a net loss of 5 holders — while 121 trimmed existing stakes and 103 added.
The largest buyer was Morgan Stanley, adding an estimated $236M. The largest seller was XN LP, cutting an estimated $64.6M.
- 323 institutional investors held Elastic (ESTC) as of Q4 2022, down from 334 in Q3 2022.
- Funds reported $3.89B of Elastic stock for Q4 2022, down 25% quarter-over-quarter.
- 63 funds opened new Elastic positions in Q4 2022 and 68 closed out, a net change of -5 holders.
- The largest Elastic buyer in Q4 2022 was Morgan Stanley, an estimated $236M added.
- The largest Elastic seller in Q4 2022 was XN LP, an estimated $64.6M sold.
Based on aggregated 13F filings for Q4 2022.