Which funds own ULTA
Ulta Beauty Inc in the Q2 2026 filings. At least 5 of the 91 current managers on file reported a position, worth $252m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 5 managers opened or added against 1 cutting.
- Managers holding
- 5
- at least, of 91 current
- Combined value
- $252m
- as reported
- Opened
- 3
- new this quarter
- Added to
- 2
- already held
- Trimmed or sold out
- 1
- 1 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 |
|---|---|---|---|---|---|
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $84m | 0.4% | 185,232 | +$66m+150,788 | Added |
| Renaissance Technologies LLC Quantitative · $72.6bn book | $80m | 0.1% | 177,780 | opened177,780 | New |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $34m | 0.2% | 76,098 | opened76,098 | New |
| Rokos Capital Management LLP Macro · $26.8bn book | $31m | 0.1% | 67,584 | opened67,584 | New |
| Discovery Capital Management LLC Macro · $2.4bn book | $24m | 1.0% | 52,000 | -$900k+5,400 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Bridgewater Associates LP · Macro$1.8m held before
Ownership through time
At least 12 of the 95 managers whose filings are on file listed ULTA in Q2 2026, against 5 in Q2 2013. 4 managers fewer than in Q1 2026: 3 started positions; 1 listed it again; 8 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.
- Q2 2013: 5
- Q3 2013: 8
- Q4 2013: 7
- Q1 2014: 13
- Q2 2014: 17
- Q3 2014: 12
- Q4 2014: 11
- Q1 2015: 13
- Q2 2015: 14
- Q3 2015: 12
- Q4 2015: 16
- Q1 2016: 19
- Q2 2016: 18
- Q3 2016: 22
- Q4 2016: 16
- Q1 2017: 19
- Q2 2017: 20
- Q3 2017: 18
- Q4 2017: 14
- Q1 2018: 19
- Q2 2018: 18
- Q3 2018: 16
- Q4 2018: 21
- Q1 2019: 23
- Q2 2019: 21
- Q3 2019: 17
- Q4 2019: 16
- Q1 2020: 14
- Q2 2020: 8
- Q3 2020: 7
- Q4 2020: 7
- Q1 2021: 11
- Q2 2021: 13
- Q3 2021: 15
- Q4 2021: 17
- Q1 2022: 18
- Q2 2022: 26
- Q3 2022: 27
- Q4 2022: 20
- Q1 2023: 24
- Q2 2023: 23
- Q3 2023: 19
- Q4 2023: 20
- Q1 2024: 21
- Q2 2024: 16
- Q3 2024: 12
- Q4 2024: 17
- Q1 2025: 15
- Q2 2025: 22
- Q3 2025: 17
- Q4 2025: 13
- Q1 2026: 16
- Q2 2026: 12
- Q2 2013: $563m
- Q3 2013: $665m
- Q4 2013: $700m
- Q1 2014: $790m
- Q2 2014: $999m
- Q3 2014: $1.2bn
- Q4 2014: $1.0bn
- Q1 2015: $1.4bn
- Q2 2015: $1.6bn
- Q3 2015: $2.0bn
- Q4 2015: $2.5bn
- Q1 2016: $3.0bn
- Q2 2016: $3.5bn
- Q3 2016: $3.2bn
- Q4 2016: $2.9bn
- Q1 2017: $3.4bn
- Q2 2017: $3.9bn
- Q3 2017: $2.9bn
- Q4 2017: $2.7bn
- Q1 2018: $2.3bn
- Q2 2018: $2.2bn
- Q3 2018: $3.0bn
- Q4 2018: $3.4bn
- Q1 2019: $4.4bn
- Q2 2019: $4.6bn
- Q3 2019: $3.2bn
- Q4 2019: $2.7bn
- Q1 2020: $1.4bn
- Q2 2020: $727m
- Q3 2020: $707m
- Q4 2020: $1.0bn
- Q1 2021: $727m
- Q2 2021: $1.3bn
- Q3 2021: $1.5bn
- Q4 2021: $1.8bn
- Q1 2022: $1.9bn
- Q2 2022: $2.6bn
- Q3 2022: $3.2bn
- Q4 2022: $4.0bn
- Q1 2023: $4.8bn
- Q2 2023: $4.3bn
- Q3 2023: $2.3bn
- Q4 2023: $2.6bn
- Q1 2024: $2.0bn
- Q2 2024: $1.3bn
- Q3 2024: $826m
- Q4 2024: $1.9bn
- Q1 2025: $1.6bn
- Q2 2025: $2.2bn
- Q3 2025: $2.1bn
- Q4 2025: $2.0bn
- Q1 2026: $1.6bn
- Q2 2026: $1.3bn
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
Largest increases, by shares
- T. Rowe Price Associates Inc983,679 to 1,528,402 shares+$246m
- Renaissance Technologies LLCnew: 177,780 shares+$80m
- Voloridge Investment Management LLC34,444 to 185,232 shares+$68m
- Freestone Grove Partners LPnew: 76,098 shares+$34m
- Rokos Capital Management LLPnew: 67,584 shares+$30m
Largest decreases, by shares
- AQR Capital Management LLC504,757 to 362,413 shares-$64m
- Winton Group Ltd8,973 to 2,727 shares-$2.8m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| T. Rowe Price Associates Inc | Q4 2017 | $815m | $689m | |
| AQR Capital Management LLC | Q2 2015 | $261m | $163m | |
| AllianceBernstein LP | Q2 2014 | $1.0bn | $112m | |
| Voloridge Investment Management LLC | Q2 2014 | $84m | $84m | |
| Renaissance Technologies LLC | Q3 2013 | $282m | $80m | |
| Balyasny Asset Management LLC | Q3 2013 | $235m | $42m | |
| Freestone Grove Partners LP | Q4 2024 | $53m | $34m | |
| Rokos Capital Management LLP | Q2 2026 | $30m | $30m | |
| Discovery Capital Management LLC | Q4 2013 | $38m | $23m | |
| Schonfeld Strategic Advisors LLC | Q2 2016 | $71m | $13m | |
| Holocene Advisors LP | Q1 2018 | $208m | $9.2m | |
| Winton Group Ltd | Q4 2016 | $18m | $1.2m | |
| Capital World Investors | Q2 2015 | $1.7bn | last listed Q4 2024 | |
| Fidelity (FMR LLC) | Q1 2015 | $970m | last listed Q2 2023 | |
| Wellington Management Group LLP | Q1 2017 | $906m | last listed Q1 2023 | |
| Lone Pine Capital LLC | Q2 2013 | $812m | last listed Q2 2017 | |
| Arrowstreet Capital LP | Q1 2017 | $654m | last listed Q2 2024 | |
| Invesco Ltd | Q4 2015 | $531m | last listed Q1 2026 | |
| MFS Investment Management | Q1 2014 | $367m | last listed Q2 2024 | |
| Marshall Wace LLP | Q4 2015 | $306m | last listed Q4 2025 | |
| Artisan Partners LP | Q3 2014 | $278m | last listed Q2 2021 | |
| Berkshire Hathaway Inc | Q2 2024 | $266m | last listed Q3 2024 |
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.
- Squarepoint Ops LLC · calls$92m notional
What ULTA 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 ULTA →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.
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The holdings, every quarter, and the week between
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