Ulta Beauty
ULTA
1,012 hedge funds and large institutions have $17.1B invested in Ulta Beauty in 2024 Q2 according to their latest regulatory filings, with 123 funds opening new positions, 412 increasing their positions, 360 reducing their positions, and 168 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 412 | Existing positions reduced: 360
1.38% less ownership
Funds ownership: 94.02% → 92.64% (-1.4%)
5% less funds holding
Funds holding: 1,070 → 1,012 (-58)
16% less call options, than puts
Call options by funds: $861M | Put options by funds: $1.03B
27% less first-time investments, than exits
New positions opened: 123 | Existing positions closed: 168
27% less capital invested
Capital invested by funds: $23.5B → $17.1B (-$6.4B)
43% less funds holding in top 10
Funds holding in top 10: 14 → 8 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$281M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$156M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$119M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$112M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$254M |
| 2 |
BlackRock
New York
|
-$176M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$150M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$134M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$108M |
ULTA Hedge Fund Activity: Q2 2024 in Review
1,012 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Ulta Beauty (ULTA) for Q2 2024, worth a combined $17.1B — down 27% from $23.5B a quarter earlier.
Sellers outnumbered buyers: 168 funds closed out of ULTA and 123 opened new positions — a net loss of 45 holders — while 360 trimmed existing stakes and 412 added.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $281M. The largest seller was VOYA Investment Management, cutting an estimated $254M.
- 1,012 institutional investors held Ulta Beauty (ULTA) as of Q2 2024, down from 1,070 in Q1 2024.
- Funds reported $17.1B of Ulta Beauty stock for Q2 2024, down 27% quarter-over-quarter.
- 123 funds opened new Ulta Beauty positions in Q2 2024 and 168 closed out, a net change of -45 holders.
- The largest Ulta Beauty buyer in Q2 2024 was Berkshire Hathaway, an estimated $281M added.
- The largest Ulta Beauty seller in Q2 2024 was VOYA Investment Management, an estimated $254M sold.
Based on aggregated 13F filings for Q2 2024.