Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

E L F Beauty Inc (ELF)

448 + Investors. Track Smart Money conviction in ELF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
3Q ▼
Buyers last Q
53%

Smart Money Signals — ELF

Based on 450 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their ELF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 80% of 3.0Y peak

80% of all-time peak
450 funds currently hold this stock — 80% of the 3.0-year high of 560 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 4 quarters from the low — a sharp move.
🟡

Slight buying edge — 53% buying

258 buying232 selling
Last quarter: 258 funds bought or added vs 232 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~86 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 148 → 81 → 86 → 86. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 27% medium ■ 21% new
235 out of 450 hedge funds have held ELF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -10%, value -29%

Value
-29%
Shares
-9%
Last quarter: funds added -10% more shares while total portfolio value only changed -29%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

71 → 148 → 81 → 86 → 86 new funds/Q
New funds entering each quarter: 148 → 81 → 86 → 86. ELF is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 56% veterans vs 24% newcomers

■ 56% veterans ■ 20% 1-2yr ■ 24% new
Entry-cohort mix of 481 holders: 271 (56%) are 2+ year veterans, 95 entered 1–2 years ago, and 115 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
58 of 448 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in ELF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.5
out of 10
Low Exit Risk
Exit risk score 2.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ELF

In 2026 Q1, 258 hedge funds were net buyers of ELF (86 opened a new position, 172 added to an existing one), while 232 reduced or exited (139 trimmed, 93 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 50% of total institutional value in ELF is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 450.

Hedge Fund Ownership: ELF

How many hedge funds hold ELF — quarterly history vs. share price
Quarterly hedge fund ownership of ELF vs. share price

Market Analysis: ELF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ELF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy E L F Beauty Inc (ELF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ELF has moved relative to its sector benchmark (XLP) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
ELF
+2.8%
XLP
+2.1%

ELF outperformed XLP by +0.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
ELF
+10.4%
XLP
-1.1%

Since the filing became public, ELF outperformed XLP by +11.5% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

32 top-rated funds 1 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
2.9
/ 10
conviction
Hedge Fund Positioning: ELF
448 + Investors

Track Smart Money conviction in ELF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 448 457 -1.97%
13F Shares 59M 65M -9.81%
Total Value $3.41B $4.82B -29.28%
New Positions 84 86 -2
Increased Positions 162 147 +15
Closed Positions 93 126 -33
Reduced Positions 136 166 -30
Total Calls 17 18 -5.56%
Total Puts 16 17 -5.88%
PUT/CALL Ratio 0.94 0.94 Neutral

Statistics: ELF

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

448 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ELF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ELF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Templeton & Phillips Capital Management, LLC 5.29% 107,130 $6.5M
2 Ibex Investors LLC 4.25% 106,600 $6.5M
3 Prime Capital Management Co Ltd 4.11% 604,535 $36.6M
4 Jacobson & Schmitt Advisors, LLC 2.13% 193,819 $11.7M
5 Sapience Investments, LLC 2.06% 262 $16K
6 Savoir Faire Capital Management, L.P. 2.05% 56,038 $3.4M
7 American Alpha Advisors, LLC 1.87% 57,979 $3.5M
8 Summit Creek Advisors LLC 1.37% 110,004 $6.7M
9 Platinum Investment Management Ltd 1.11% 72,500 $4.4M
10 Champlain Investment Partners, LLC 0.99% 1,292,895 $78.4M
11 Freemont Management S.A. 0.72% 79,000 $4.8M
12 12 West Capital Management LP 0.72% 70,000 $4.2M
13 Wisconsin Capital Management LLC 0.54% 16,195 $982K
14 Future Fund LLC 0.53% 24,868 $1.5M
15 Pier Capital, LLC 0.45% 45,064 $2.7M
16 Baillie Gifford & Co 0.45% 7,188,005 $435.7M
17 Portolan Capital Management, LLC 0.44% 136,707 $8.3M
18 Granite Investment Partners, LLC 0.38% 102,433 $6.2M
19 PDT Partners, LLC 0.37% 103,024 $6.2M
20 Twinbeech Capital LP 0.36% 57,255 $3.5M
21 4wealth Advisors, INC. 0.36% 7,037 $418K
22 FORA Capital, LLC 0.33% 74,973 $4.5M
23 Blueshift Asset Management, LLC 0.32% 17,541 $1.1M
24 Peregrine Asset Advisers, Inc. 0.30% 18,616 $1.1M
25 White Wing Wealth Management 0.29% 8,085 $490K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — E L F Beauty Inc (ELF)

What does the Smart Money Trend signal show for ELF?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their ELF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ELF?

Slight buying edge — 53% buying: Last quarter: 258 funds bought or added vs 232 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ELF holders?

Elite ownership — 50% AUM from top-100 funds: 58 of 448 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in ELF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ELF?

52% of holders stayed for 2+ years: 235 out of 450 hedge funds have held ELF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy E L F Beauty Inc (ELF) following the 2026 Q1 hedge fund 13F filings?

As of today, ELF has moved +10.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to -1.1% for the XLP sector ETF — an outperformance of +11.5%. Since the quarter end (March 31, 2026), ELF has gained +2.8% vs +2.1% for XLP. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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