Elastic
ESTC
307 hedge funds and large institutions have $4.72B invested in Elastic in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 94 increasing their positions, 105 reducing their positions, and 48 closing their positions.
152% more call options, than puts
Call options by funds: $79.7M | Put options by funds: $31.7M
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
10% more capital invested
Capital invested by funds: $4.29B → $4.72B (+$425M)
8% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 48
0% more funds holding
Funds holding: 306 → 307 (+1)
1.65% less ownership
Funds ownership: 77.22% → 75.57% (-1.6%)
10% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$112M |
| 2 |
SI
Standard Investments
New York
|
+$77.4M |
| 3 |
AM
Atreides Management
Boston,
Massachusetts
|
+$77.1M |
| 4 |
SHCM
Sachem Head Capital Management
New York
|
+$42.8M |
| 5 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$222M |
| 2 |
LECM
Lead Edge Capital Management
New York
|
-$55.7M |
| 3 |
BlackRock
New York
|
-$30.3M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$27.5M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$27.1M |
ESTC Hedge Fund Activity: Q2 2023 in Review
307 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q2 2023, worth a combined $4.72B — up 9.9% from $4.29B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new ESTC positions and 48 closed out — a net gain of 4 holders — while 94 added to existing stakes and 105 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $112M. The largest seller was Morgan Stanley, cutting an estimated $222M.
- 307 institutional investors held Elastic (ESTC) as of Q2 2023, up from 306 in Q1 2023.
- Funds reported $4.72B of Elastic stock for Q2 2023, up 9.9% quarter-over-quarter.
- 52 funds opened new Elastic positions in Q2 2023 and 48 closed out, a net change of +4 holders.
- The largest Elastic buyer in Q2 2023 was Fidelity Investments, an estimated $112M added.
- The largest Elastic seller in Q2 2023 was Morgan Stanley, an estimated $222M sold.
Based on aggregated 13F filings for Q2 2023.