Free · no sign-up · Q2 2026

Which funds own ESTC

Elastic N V in the Q2 2026 filings. At least 1 of the 91 current managers on file reported a position, worth $273m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 1; at least, of 91 current
Combined value: $273m; as reported
Opened: 0; new this quarter
Added to: 1; already held
Trimmed or sold out: 2; 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
D. E. Shaw & Co. Quantitative · $210bn book	$273m	0.1%	4,787,065	+$100m+1,324,811	Added

Sold out of this quarter

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

ExodusPoint Capital Management LP · Multi-strategy$12m held before
Brevan Howard Capital Management LP · Macro$1.8m held before

Ownership through time

At least 7 of the 95 managers whose filings are on file listed ESTC in Q2 2026, against 7 in Q4 2018. 3 managers fewer than in Q1 2026: 2 listed it again; 5 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

No manager on file started a position.

Largest increases, by shares

D. E. Shaw & Co.3,462,254 to 4,787,065 shares+$76m
Marshall Wace LLP696,471 to 1,127,654 shares+$25m

Largest decreases, by shares

Freestone Grove Partners LP2,264,806 to 211,573 shares-$117m
AQR Capital Management LLC7,551,713 to 6,077,291 shares-$84m
Verition Fund Management LLC285,130 to 249,253 shares-$2.0m

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
AQR Capital Management LLC	Q1 2025	$569m	$346m
D. E. Shaw & Co.	Q4 2023	$273m	$273m
Marshall Wace LLP	Q1 2022	$77m	$64m
Arrowstreet Capital LP	Q2 2020	$105m	$63m
Acadian Asset Management LLC	Q3 2020	$25m	$25m
Verition Fund Management LLC	Q3 2020	$14m	$14m
Freestone Grove Partners LP	Q4 2024	$113m	$12m
Fidelity (FMR LLC)	Q2 2019	$1.4bn	last listed Q2 2024
Baillie Gifford & Co	Q3 2022	$1.1bn	last listed Q1 2025
Tiger Global Management LLC	Q4 2018	$599m	last listed Q4 2025
Capital Research Global Investors	Q4 2018	$434m	last listed Q3 2025
Whale Rock Capital Management LLC	Q3 2019	$323m	last listed Q2 2024
Point72 Asset Management LP	Q2 2020	$214m	last listed Q1 2026
MFS Investment Management	Q1 2025	$204m	last listed Q2 2025
Citadel Advisors LLC	Q4 2024	$164m	last listed Q4 2024
Two Sigma Advisers LP	Q3 2023	$131m	last listed Q4 2025
Millennium Management LLC	Q2 2025	$126m	last listed Q1 2026

Reported as options rather than shares

A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.

Soros Fund Management LLC · calls$57m notional
Verition Fund Management LLC · calls$34m notional

What ESTC 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 ESTC →

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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