Who owns e.l.f. Beauty (ELF)
Which tracked institutional funds hold ELF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ELF company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
123 tracked funds added or opened ELF while 99 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ELF’s largest tracked holder by dollar value, BAILLIE GIFFORD & CO, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ELF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 396 tracked filers holding ELF, 201 increased or opened the position and 275 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ELF between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 22
- Holocene Advisors, LP$100M
- KETTLE HILL CAPITAL MANAGEMENT, LLC$15M
- MARSHALL WACE, LLP$11M
- Banco Santander, S.A.$10M
- Freestone Grove Partners LP$6M
- Hodges Capital Management Inc.$5M
Full exits 57
- MACKENZIE FINANCIAL CORP$57M
- Aberdeen Group plc$22M
- JUPITER ASSET MANAGEMENT LTD$17M
- SG Americas Securities, LLC$15M
- Squarepoint Ops LLC$14M
- WELLINGTON MANAGEMENT GROUP LLP$12M
Largest adds
- BlackRock, Inc.$240M
- GOLDMAN SACHS GROUP INC$100M
- BAILLIE GIFFORD & CO$86M
- CITADEL ADVISORS LLC$61M
- DIMENSIONAL FUND ADVISORS LP$50M
- VANGUARD PORTFOLIO MANAGEMENT LLC$47M
Largest trims
- PRICE T ROWE ASSOCIATES INC /MD/$119M
- Clearbridge Investments, LLC$90M
- AQR CAPITAL MANAGEMENT LLC$88M
- Champlain Investment Partners, LLC$56M
- AMERIPRISE FINANCIAL INC$32M
- VOYA INVESTMENT MANAGEMENT LLC$27M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BAILLIE GIFFORD & CO trimmed | 7,048,752 | $522M | 14.4% | 2026-Q2 |
| BlackRock, Inc. added | 5,787,329 | $428M | 11.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 2,754,666 | $204M | 5.6% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,581,878 | $191M | 5.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,960,653 | $137M | 3.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,921,718 | $142M | 3.9% | 2026-Q2 |
| STATE STREET CORP added | 1,874,997 | $139M | 3.8% | 2026-Q2 |
| Ensign Peak Advisors, Inc trimmed | 1,589,948 | $118M | 3.2% | 2026-Q2 |
| Holocene Advisors, LP added | 1,356,999 | $100M | 2.8% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,117,472 | $83M | 2.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,087,294 | $80M | 2.2% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ added | 1,056,780 | $78M | 2.2% | 2026-Q2 |
| Capital World Investors trimmed | 1,001,903 | $74M | 2.0% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 966,649 | $72M | 2.0% | 2026-Q2 |
| MORGAN STANLEY added | 923,523 | $68M | 1.9% | 2026-Q2 |
| Capital International Investors trimmed | 919,434 | $68M | 1.9% | 2026-Q2 |
| Capital Research Global Investors added | 717,393 | $53M | 1.5% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 647,815 | $48M | 1.3% | 2026-Q2 |
| Prime Capital Management Co Ltd | 604,535 | $45M | 1.2% | 2026-Q2 |
| UBS Group AG trimmed | 602,797 | $45M | 1.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 588,045 | $44M | 1.2% | 2026-Q2 |
| NORGES BANK added | 572,944 | $42M | 1.2% | 2026-Q2 |
| NORTHERN TRUST CORP added | 535,395 | $40M | 1.1% | 2026-Q2 |
| CITIGROUP INC added | 463,031 | $34M | 0.9% | 2026-Q2 |
| Trexquant Investment LP added | 457,036 | $34M | 0.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 411,141 | $30M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 371,009 | $27M | 0.8% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 359,571 | $27M | 0.7% | 2026-Q2 |
| MetLife Investment Management, LLC added | 322,803 | $24M | 0.7% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 319,246 | $24M | 0.7% | 2026-Q2 |
| Champlain Investment Partners, LLC trimmed | 298,368 | $22M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 287,507 | $21M | 0.6% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO trimmed | 283,687 | $21M | 0.6% | 2026-Q2 |
| FMR LLC added | 252,122 | $19M | 0.5% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 248,548 | $18M | 0.5% | 2026-Q2 |
| JACOBSON & SCHMITT ADVISORS, LLC added | 234,007 | $17M | 0.5% | 2026-Q2 |
| Gotham Asset Management, LLC added | 232,101 | $17M | 0.5% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 205,688 | $15M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 203,947 | $15M | 0.4% | 2026-Q2 |
| KETTLE HILL CAPITAL MANAGEMENT, LLC new | 198,363 | $15M | 0.4% | 2026-Q2 |
| USS Investment Management Ltd added | 182,840 | $14M | 0.4% | 2026-Q2 |
| Jump Financial, LLC added | 182,383 | $13M | 0.4% | 2026-Q2 |
| FORA Capital, LLC added | 181,836 | $13M | 0.4% | 2026-Q2 |
| Swedbank AB trimmed | 181,201 | $13M | 0.4% | 2026-Q2 |
| LPL Financial LLC added | 162,525 | $12M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 155,724 | $12M | 0.3% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 153,997 | $11M | 0.3% | 2026-Q2 |
| ARMISTICE CAPITAL, LLC added | 152,720 | $11M | 0.3% | 2026-Q2 |
| Tidal Investments LLC trimmed | 151,684 | $11M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 148,778 | $11M | 0.3% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 144,925 | $11M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 144,814 | $11M | 0.3% | 2026-Q2 |
| Banco Santander, S.A. new | 138,274 | $10M | 0.3% | 2026-Q2 |
| Invesco Ltd. added | 137,173 | $10M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 134,102 | $10M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 129,438 | $10M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 126,876 | $9M | 0.3% | 2026-Q2 |
| Ibex Investors LLC added | 117,600 | $9M | 0.2% | 2026-Q2 |
| WASHINGTON TRUST Co trimmed | 116,970 | $9M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 115,500 | $9M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 110,467 | $8M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 110,402 | $8M | 0.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL trimmed | 105,784 | $8M | 0.2% | 2026-Q2 |
| Granite Investment Partners, LLC trimmed | 102,209 | $8M | 0.2% | 2026-Q2 |
| PDT Partners, LLC trimmed | 96,924 | $7M | 0.2% | 2026-Q2 |
| XTX Topco Ltd added | 88,635 | $7M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 86,060 | $6M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 84,049 | $5M | 0.1% | 2026-Q2 |
| California Public Employees Retirement System added | 83,393 | $6M | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 79,518 | $6M | 0.2% | 2026-Q2 |
| Freestone Grove Partners LP added | 79,387 | $6M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 76,811 | $6M | 0.2% | 2026-Q2 |
| Portolan Capital Management, LLC trimmed | 75,954 | $6M | 0.2% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 74,858 | $6M | 0.2% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND | 72,282 | $5M | 0.1% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 72,206 | $5M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 71,185 | $5M | 0.1% | 2026-Q2 |
| Hodges Capital Management Inc. added | 71,150 | $5M | 0.1% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP new | 70,671 | $5M | 0.1% | 2026-Q2 |
| Woodline Partners LP trimmed | 69,537 | $5M | 0.1% | 2026-Q2 |
| ALGERT GLOBAL LLC added | 69,140 | $5M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 68,559 | $5M | 0.1% | 2026-Q2 |
| American Alpha Advisors, LLC added | 66,979 | $5M | 0.1% | 2026-Q2 |
| Pier Capital, LLC added | 63,703 | $5M | 0.1% | 2026-Q2 |
| Edgestream Partners, L.P. added | 63,667 | $5M | 0.1% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 61,077 | $5M | 0.1% | 2026-Q2 |
| Sarasin & Partners LLP added | 60,544 | $4M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 60,341 | $4M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 57,711 | $4M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 54,380 | $4M | 0.1% | 2026-Q2 |
| KORNITZER CAPITAL MANAGEMENT INC /KS trimmed | 53,635 | $4M | 0.1% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC new | 53,117 | $4M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 51,844 | $4M | 0.1% | 2026-Q2 |
| BARCLAYS PLC trimmed | 51,364 | $4M | 0.1% | 2026-Q2 |
| Savoir Faire Capital Management, L.P. trimmed | 50,899 | $4M | 0.1% | 2026-Q2 |
| Vontobel Holding Ltd. added | 48,292 | $4M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 46,753 | $3M | 0.1% | 2026-Q2 |
| CastleKnight Management LP trimmed | 45,495 | $3M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 45,476 | $3M | 0.1% | 2026-Q2 |
| PLATINUM INVESTMENT MANAGEMENT LTD trimmed | 45,000 | $3M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.