Ulta Beauty
ULTA
1,070 hedge funds and large institutions have $23.5B invested in Ulta Beauty in 2024 Q1 according to their latest regulatory filings, with 130 funds opening new positions, 390 increasing their positions, 394 reducing their positions, and 94 closing their positions.
38% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 94
8% more capital invested
Capital invested by funds: $21.8B → $23.5B (+$1.7B)
2% more funds holding
Funds holding: 1,046 → 1,070 (+24)
1.8% more ownership
Funds ownership: 91.52% → 93.32% (+1.8%)
1% less repeat investments, than reductions
Existing positions increased: 390 | Existing positions reduced: 394
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
21% less call options, than puts
Call options by funds: $1.07B | Put options by funds: $1.36B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$221M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$188M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$151M |
| 4 |
Millennium Management
New York
|
+$113M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$364M |
| 2 |
Lazard Asset Management
New York
|
-$196M |
| 3 |
Squarepoint
New York
|
-$138M |
| 4 |
D.E. Shaw & Co
New York
|
-$117M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$82.5M |
ULTA Hedge Fund Activity: Q1 2024 in Review
1,070 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Ulta Beauty (ULTA) for Q1 2024, worth a combined $23.5B — up 7.8% from $21.8B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new ULTA positions and 94 closed out — a net gain of 36 holders — while 390 added to existing stakes and 394 trimmed.
The largest buyer was BlackRock, adding an estimated $221M. The largest seller was T. Rowe Price Associates, cutting an estimated $364M.
- 1,070 institutional investors held Ulta Beauty (ULTA) as of Q1 2024, up from 1,046 in Q4 2023.
- Funds reported $23.5B of Ulta Beauty stock for Q1 2024, up 7.8% quarter-over-quarter.
- 130 funds opened new Ulta Beauty positions in Q1 2024 and 94 closed out, a net change of +36 holders.
- The largest Ulta Beauty buyer in Q1 2024 was BlackRock, an estimated $221M added.
- The largest Ulta Beauty seller in Q1 2024 was T. Rowe Price Associates, an estimated $364M sold.
Based on aggregated 13F filings for Q1 2024.