Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

E L F Beauty Inc (ELF)

425 + 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
↓ -15
Streak
4Q ▼
Buyers last Q
46%

Smart Money Signals — ELF

Based on 438 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 4 quarters in a row

last 6Q
For 4 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 — 78% of 3.0Y peak

78% of all-time peak
438 funds currently hold this stock — 78% of the 3.0-year high of 561 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
62 fewer hedge funds hold ELF compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

223 buying262 selling
Last quarter: 262 funds reduced or exited vs 223 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 81 → 86 → 87 → 76. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 26% medium ■ 20% new
237 out of 438 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.
💰

Value +26% but shares only +6% — price-driven

Value
+25%
Shares
+6%
Last quarter: the total dollar value of institutional holdings rose +26%, but actual share count only changed +6%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~76 new funds/quarter

150 → 81 → 86 → 87 → 76 new funds/Q
New funds entering each quarter: 81 → 86 → 87 → 76. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 60% veterans vs 23% newcomers

■ 60% veterans ■ 17% 1-2yr ■ 23% new
Entry-cohort mix of 467 holders: 280 (60%) are 2+ year veterans, 79 entered 1–2 years ago, and 108 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
62 of 430 holders are among the 100 largest funds by AUM, controlling 52% 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.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 Q2, 223 hedge funds were net buyers of ELF (76 opened a new position, 147 added to an existing one), while 262 reduced or exited (171 trimmed, 91 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. This extends a 4-quarter selling streak, suggesting sustained institutional caution. 52% of total institutional value in ELF is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -15 funds (more exits than new entries). Total institutional holders: 438.

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.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 2 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: ELF
425 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 425 453 -6.18%
13F Shares 58M 59M -2.49%
Total Value $4.21B $3.41B 23.58%
New Positions 76 87 -11
Increased Positions 137 163 -26
Closed Positions 96 92 +4
Reduced Positions 162 137 +25
Total Calls 17 17 -
Total Puts 20 16 25.0%
PUT/CALL Ratio 1.18 0.94 Neutral

Statistics: ELF

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

425 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Ibex Investors LLC 4.48% 117,600 $8.7M
2 Kettle Hill Capital Management, LLC 3.61% 198,363 $14.7M
3 Prime Capital Management Co Ltd 3.57% 604,535 $44.7M
4 Jacobson & Schmitt Advisors, LLC 2.83% 234,007 $17.3M
5 American Alpha Advisors, LLC 2.68% 66,979 $5.0M
6 Savoir Faire Capital Management, L.P. 2.34% 50,899 $3.8M
7 Aurora Investment Counsel 1.48% 38,751 $2.9M
8 FORA Capital, LLC 0.92% 181,836 $13.4M
9 Platinum Investment Management Ltd 0.82% 45,000 $3.3M
10 Blueshift Asset Management, LLC 0.76% 44,582 $3.3M
11 Future Fund LLC 0.67% 31,788 $2.4M
12 Pier Capital, LLC 0.62% 63,703 $4.7M
13 Summit Place Financial Advisors, LLC 0.59% 18,145 $1.3M
14 Champlain Investment Partners, LLC 0.57% 298,368 $22.1M
15 Baillie Gifford & Co 0.47% 7,048,752 $521.6M
16 4wealth Advisors, INC. 0.45% 8,478 $593K
17 Granite Investment Partners, LLC 0.39% 102,209 $7.6M
18 PDT Partners, LLC 0.38% 96,924 $7.2M
19 White Wing Wealth Management 0.37% 9,476 $701K
20 Hodges Capital Management Inc. 0.35% 71,150 $5.3M
21 VARCOV Co. 0.34% 11,964 $885K
22 White Knight Strategic Wealth Advisors, LLC 0.29% 5,590 $414K
23 Miller Global Investments, LLC 0.28% 4,542 $336K
24 Occudo Quantitative Strategies LP 0.28% 70,671 $5.2M
25 Walleye Partners, LLC 0.27% 3,206 $237K
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 — 4 quarters in a row: For 4 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?

More sellers than buyers — 46% buying: Last quarter: 262 funds reduced or exited vs 223 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ELF holders?

Elite ownership — 52% AUM from top-100 funds: 62 of 430 holders are among the 100 largest funds by AUM, controlling 52% 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?

54% of holders stayed for 2+ years: 237 out of 438 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.

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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