Ulta Beauty
ULTA
1,028 hedge funds and large institutions have $19.4B invested in Ulta Beauty in 2026 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 326 increasing their positions, 448 reducing their positions, and 165 closing their positions.
29% more call options, than puts
Call options by funds: $977M | Put options by funds: $756M
5.58% more ownership
Funds ownership: 94.52% → 100.09% (+5.6%)
6% less funds holding
Funds holding: 1,098 → 1,028 (-70)
10% less capital invested
Capital invested by funds: $21.6B → $19.4B (-$2.16B)
27% less repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 448
36% less first-time investments, than exits
New positions opened: 106 | Existing positions closed: 165
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 |
JP Morgan Chase
New York
|
-$351M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$98M |
| 3 |
CC
Cartenna Capital
Stamford,
Connecticut
|
-$84.9M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$75.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$72.3M |
ULTA Hedge Fund Activity: Q2 2026 in Review
1,028 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Ulta Beauty (ULTA) for Q2 2026, worth a combined $19.4B — down 10% from $21.6B a quarter earlier.
Sellers outnumbered buyers: 165 funds closed out of ULTA and 106 opened new positions — a net loss of 59 holders — while 448 trimmed existing stakes and 326 added.
The largest buyer was Sanders Capital, adding an estimated $281M. The largest seller was JP Morgan Chase, cutting an estimated $351M.
- 1,028 institutional investors held Ulta Beauty (ULTA) as of Q2 2026, down from 1,098 in Q1 2026.
- Funds reported $19.4B of Ulta Beauty stock for Q2 2026, down 10% quarter-over-quarter.
- 106 funds opened new Ulta Beauty positions in Q2 2026 and 165 closed out, a net change of -59 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 JP Morgan Chase, an estimated $351M sold.
Based on aggregated 13F filings for Q2 2026.