Elastic
ESTC
380 hedge funds and large institutions have $9.59B invested in Elastic in 2024 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 121 increasing their positions, 129 reducing their positions, and 50 closing their positions.
68% more call options, than puts
Call options by funds: $139M | Put options by funds: $82.9M
54% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 50
19% more capital invested
Capital invested by funds: $8.08B → $9.59B (+$1.51B)
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
6% more funds holding
Funds holding: 358 → 380 (+22)
2.75% more ownership
Funds ownership: 79.97% → 82.72% (+2.7%)
6% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 129
Top Buyers
Top Sellers
ESTC Hedge Fund Activity: Q2 2024 in Review
380 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Elastic (ESTC) for Q2 2024, worth a combined $9.59B — up 19% from $8.08B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new ESTC positions and 50 closed out — a net gain of 27 holders — while 121 added to existing stakes and 129 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $400M. The largest seller was Fidelity Investments, cutting an estimated $176M.
- 380 institutional investors held Elastic (ESTC) as of Q2 2024, up from 358 in Q1 2024.
- Funds reported $9.59B of Elastic stock for Q2 2024, up 19% quarter-over-quarter.
- 77 funds opened new Elastic positions in Q2 2024 and 50 closed out, a net change of +27 holders.
- The largest Elastic buyer in Q2 2024 was Capital Research Global Investors, an estimated $400M added.
- The largest Elastic seller in Q2 2024 was Fidelity Investments, an estimated $176M sold.
Based on aggregated 13F filings for Q2 2024.