Free · no sign-up · Q2 2026

Which funds own ELF

E L F Beauty Inc in the Q2 2026 filings. At least 3 of the 91 current managers on file reported a position, worth $629m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went the other way: 4 managers trimmed or sold out against 1 buying.

Managers holding: 3; at least, of 91 current
Combined value: $629m; as reported
Opened: 1; new this quarter
Added to: 0; already held
Trimmed or sold out: 4; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Baillie Gifford & Co Long-only · $110bn book	$522m	0.5%	7,048,752	+$86m-139,253	Trimmed
Holocene Advisors LP Long/short equity · $44.4bn book	$100m	0.2%	1,356,999	opened1,356,999	New
PDT Partners LLC Quantitative · $1.9bn book	$7.2m	0.4%	96,924	+$900k-6,100	Trimmed

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Wellington Management Group LLP · Long-only$12m held before
Man Group PLC · Quantitative$7.5m held before

Ownership through time

At least 8 of the 95 managers whose filings are on file listed ELF in Q2 2026, against 4 in Q3 2016. 1 manager more than in Q1 2026: 2 started positions; 1 listed it again; 2 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Holocene Advisors LP$100m
Freestone Grove Partners LP$5.9m

Largest increases, by shares

Holocene Advisors LPnew: 1,356,999 shares+$100m
Capital Research Global Investors610,816 to 717,393 shares+$7.9m
Freestone Grove Partners LPnew: 79,387 shares+$5.9m

Largest decreases, by shares

Capital World Investors1,203,717 to 1,001,903 shares-$15m
Baillie Gifford & Co7,188,005 to 7,048,752 shares-$10m
Schonfeld Strategic Advisors LLC170,366 to 153,997 shares-$1.2m
PDT Partners LLC103,024 to 96,924 shares-$451k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Baillie Gifford & Co	Q2 2024	$1.0bn	$522m
Holocene Advisors LP	Q4 2024	$100m	$100m
Capital World Investors	Q3 2016	$88m	$74m
Capital Research Global Investors	Q3 2024	$72m	$53m
Schonfeld Strategic Advisors LLC	Q1 2017	$21m	$11m
PDT Partners LLC	Q3 2018	$14m	$7.2m
Freestone Grove Partners LP	Q2 2025	$9.2m	$5.9m
Quantbot Technologies LP	Q2 2019	$3.4m	$1.6m
Wellington Management Group LLP	Q3 2023	$657m	last listed Q2 2025
Invesco Ltd	Q4 2023	$382m	last listed Q2 2024
T. Rowe Price Associates Inc	Q2 2023	$360m	last listed Q3 2025
Renaissance Technologies LLC	Q3 2020	$261m	last listed Q3 2024
Marshall Wace LLP	Q3 2019	$118m	last listed Q2 2025
Acadian Asset Management LLC	Q4 2019	$97m	last listed Q4 2023
Balyasny Asset Management LLC	Q2 2017	$86m	last listed Q4 2025
Millennium Management LLC	Q4 2020	$78m	last listed Q1 2023
Woodline Partners LP	Q4 2020	$53m	last listed Q3 2025
Man Group PLC	Q1 2023	$52m	last listed Q2 2025

What ELF is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around ELF →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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