Ulta Beauty
ULTA
1,025 hedge funds and large institutions have $22B invested in Ulta Beauty in 2023 Q2 according to their latest regulatory filings, with 132 funds opening new positions, 365 increasing their positions, 396 reducing their positions, and 135 closing their positions.
2% less first-time investments, than exits
New positions opened: 132 | Existing positions closed: 135
8% less repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 396
1% less funds holding
Funds holding: 1,036 → 1,025 (-11)
2.71% less ownership
Funds ownership: 96.43% → 93.72% (-2.7%)
13% less capital invested
Capital invested by funds: $25.1B → $22B (-$3.16B)
26% less call options, than puts
Call options by funds: $1.11B | Put options by funds: $1.5B
50% less funds holding in top 10
Funds holding in top 10: 24 → 12 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$497M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$241M |
| 3 |
Coatue Management
New York
|
+$225M |
| 4 |
Holocene Advisors
New York
|
+$216M |
| 5 |
BlackRock
New York
|
+$180M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.12B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$299M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$167M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$162M |
| 5 |
AM
AGF Management
Toronto,
Ontario, Canada
|
-$125M |
ULTA Hedge Fund Activity: Q2 2023 in Review
1,025 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Ulta Beauty (ULTA) for Q2 2023, worth a combined $22B — down 13% from $25.1B a quarter earlier.
Sellers outnumbered buyers: 135 funds closed out of ULTA and 132 opened new positions — a net loss of 3 holders — while 396 trimmed existing stakes and 365 added.
The largest buyer was Jennison Associates, adding an estimated $497M. The largest seller was Envestnet Asset Management, cutting an estimated $1.12B.
- 1,025 institutional investors held Ulta Beauty (ULTA) as of Q2 2023, down from 1,036 in Q1 2023.
- Funds reported $22B of Ulta Beauty stock for Q2 2023, down 13% quarter-over-quarter.
- 132 funds opened new Ulta Beauty positions in Q2 2023 and 135 closed out, a net change of -3 holders.
- The largest Ulta Beauty buyer in Q2 2023 was Jennison Associates, an estimated $497M added.
- The largest Ulta Beauty seller in Q2 2023 was Envestnet Asset Management, an estimated $1.12B sold.
Based on aggregated 13F filings for Q2 2023.