Ulta Beauty
ULTA
1,017 hedge funds and large institutions have $19.4B invested in Ulta Beauty in 2026 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 322 increasing their positions, 444 reducing their positions, and 163 closing their positions.
29% more call options, than puts
Call options by funds: $977M | Put options by funds: $756M
2.04% more ownership
Funds ownership: 97.72% → 99.76% (+2%)
7% less funds holding
Funds holding: 1,093 → 1,017 (-76)
16% less capital invested
Capital invested by funds: $23B → $19.4B (-$3.65B)
27% less repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 444
36% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 163
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sanders Capital
West Palm Beach,
Florida
|
+$281M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$277M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$112M |
| 4 |
Renaissance Technologies
New York
|
+$90.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$81.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
Diamant Asset Management
Ridgefield,
Connecticut
|
-$747M |
| 2 |
JP Morgan Chase
New York
|
-$351M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$98M |
| 4 |
CC
Cartenna Capital
Stamford,
Connecticut
|
-$84.9M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$75.8M |
ULTA Hedge Fund Activity: Q2 2026 in Review
1,017 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Ulta Beauty (ULTA) for Q2 2026, worth a combined $19.4B — down 16% from $23B a quarter earlier.
Sellers outnumbered buyers: 163 funds closed out of ULTA and 105 opened new positions — a net loss of 58 holders — while 444 trimmed existing stakes and 322 added.
The largest buyer was Sanders Capital, adding an estimated $281M. The largest seller was Diamant Asset Management, cutting an estimated $747M.
- 1,017 institutional investors held Ulta Beauty (ULTA) as of Q2 2026, down from 1,093 in Q1 2026.
- Funds reported $19.4B of Ulta Beauty stock for Q2 2026, down 16% quarter-over-quarter.
- 105 funds opened new Ulta Beauty positions in Q2 2026 and 163 closed out, a net change of -58 holders.
- The largest Ulta Beauty buyer in Q2 2026 was Sanders Capital, an estimated $281M added.
- The largest Ulta Beauty seller in Q2 2026 was Diamant Asset Management, an estimated $747M sold.
Based on aggregated 13F filings for Q2 2026.