Ulta Beauty
ULTA
1,036 hedge funds and large institutions have $25.2B invested in Ulta Beauty in 2023 Q1 according to their latest regulatory filings, with 137 funds opening new positions, 342 increasing their positions, 417 reducing their positions, and 51 closing their positions.
169% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 51
15% more capital invested
Capital invested by funds: $22B → $25.2B (+$3.28B)
7% more funds holding
Funds holding: 969 → 1,036 (+67)
5.2% more ownership
Funds ownership: 91.23% → 96.43% (+5.2%)
11% less funds holding in top 10
Funds holding in top 10: 27 → 24 (-3)
18% less repeat investments, than reductions
Existing positions increased: 342 | Existing positions reduced: 417
41% less call options, than puts
Call options by funds: $915M | Put options by funds: $1.56B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.18B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$154M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$125M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$81.3M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$75.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$106M |
| 2 |
BlackRock
New York
|
-$102M |
| 3 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
-$92M |
| 4 |
D.E. Shaw & Co
New York
|
-$87.8M |
| 5 |
Man Group
London,
United Kingdom
|
-$81.6M |
ULTA Hedge Fund Activity: Q1 2023 in Review
1,036 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ulta Beauty (ULTA) for Q1 2023, worth a combined $25.2B — up 15% from $22B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new ULTA positions and 51 closed out — a net gain of 86 holders — while 342 added to existing stakes and 417 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.18B. The largest seller was Wellington Management Group, cutting an estimated $106M.
- 1,036 institutional investors held Ulta Beauty (ULTA) as of Q1 2023, up from 969 in Q4 2022.
- Funds reported $25.2B of Ulta Beauty stock for Q1 2023, up 15% quarter-over-quarter.
- 137 funds opened new Ulta Beauty positions in Q1 2023 and 51 closed out, a net change of +86 holders.
- The largest Ulta Beauty buyer in Q1 2023 was Envestnet Asset Management, an estimated $1.18B added.
- The largest Ulta Beauty seller in Q1 2023 was Wellington Management Group, an estimated $106M sold.
Based on aggregated 13F filings for Q1 2023.