Who owns Elastic (ESTC)?
110 holders named in SEC filings declare between 79.2% and 96.0% of Elastic's shares outstanding, as of Sep 29, 2026. The largest are Vanguard (10.1%), BlackRock (6.1%) and AQR (5.8%); the five largest hold 32.9% together. Another 267 institutions hold small positions worth 2.6%. At least 1.4% of the shares appear in no ownership filing: investors who do not have to report, mostly individuals. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 14.5% and sold 14.3% of the shares, a net purchase of 0.27%; 66 opened a position, 122 added, 127 reduced and 71 sold out. Biggest buyers: D. E. Shaw (+1.3M shares) and Goldman Sachs (+1.2M shares). Biggest sellers: Freestone Grove Partners LP (-2.1M) and AQR (-1.5M). Schedule 13D/G filings since Mar 31, 2026: PICTET ASSET MANAGEMENT SA fell below 5% (5.0% still declared) on Sep 1, 2026. Directors and officers, from their latest Form 4: Shay Banon (5.2%). Over time, 363 managers declared Elastic in their 13F for Q2 2026, against 191 for Q4 2019: together at most 87.6% of the shares outstanding, against 61.0%.
| Holder | Filing | Share of capital | As of | Holding since (13F) |
|---|---|---|---|---|
| Vanguard | 13F | 10.1% | Jun 30, 2026 | Q4 2019 or earlier |
| BlackRock | 13F | 6.1% | Jun 30, 2026 | Q4 2019 or earlier |
| AQR | 13F | 5.8% | Jun 30, 2026 | Q1 2020 |
| Schuurman Steven | 13G | 5.7% | Dec 31, 2024 | — |
| Shay Banon | Form 4 | 5.2% | Sep 14, 2026 | — |
| PICTET ASSET MANAGEMENT SA | 13D | 5.0% | Sep 1, 2026 | — |
| D. E. Shaw | 13F | 4.6% | Jun 30, 2026 | Q2 2025 |
| FIL Ltd | 13F | 3.2% | Jun 30, 2026 | Q4 2019 or earlier |
| FIRST TRUST ADVISORS LP | 13F | 2.9% | Jun 30, 2026 | Q4 2019 or earlier |
| Alyeska Investment Group, L.P. | 13F | 2.4% | Jun 30, 2026 | Q2 2025 |
| Geode Capital | 13F | 1.6% | Jun 30, 2026 | Q4 2019 or earlier |
| State Street | 13F | 1.6% | Jun 30, 2026 | Q4 2019 or earlier |
| Goldman Sachs | 13F | 1.5% | Jun 30, 2026 | Q4 2019 or earlier |
| FEDERATED HERMES, INC. | 13F | 1.4% | Jun 30, 2026 | Q4 2022 |
| Norges Bank | 13F | 1.3% | Jun 30, 2026 | Q4 2019 or earlier |
| Millennium | 13F | 1.3% | Jun 30, 2026 | Q4 2020 |
| Optimus Prime Fund Management Co., Ltd. | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| GOLDENTREE ASSET MANAGEMENT LP | 13F | 1.1% | Jun 30, 2026 | Q4 2025 |
| Marshall Wace | 13F | 1.1% | Jun 30, 2026 | Q3 2024 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 13F | 1.1% | Jun 30, 2026 | Q4 2023 |
| Defiance ETFs, LLC | 13F | 1.0% | Jun 30, 2026 | Q4 2025 |
| Penserra Capital Management LLC | 13F | 1.0% | Jun 30, 2026 | Q2 2021 |
| Morgan Stanley | 13F | 1.0% | Jun 30, 2026 | Q4 2019 or earlier |
| Connor, Clark & Lunn Investment Management Ltd. | 13F | 0.99% | Jun 30, 2026 | Q1 2025 |
| BNP PARIBAS FINANCIAL MARKETS | 13F | 0.98% | Jun 30, 2026 | Q4 2019 or earlier |
Elastic institutional ownership over time
| Quarter | 13F managers | Share of the company (upper bound) | Value declared | Held by stock pickers |
|---|---|---|---|---|
| Q4 2019 | 191 | 61.0% | $3.4B | 82.1% |
| Q4 2020 | 309 | 76.7% | $9.8B | 72.8% |
| Q4 2021 | 358 | 78.3% | $8.9B | 72.0% |
| Q4 2022 | 312 | 79.2% | $3.9B | 69.2% |
| Q4 2023 | 349 | 78.4% | $8.8B | 71.6% |
| Q4 2024 | 416 | 81.3% | $8.3B | 71.5% |
| Q4 2025 | 440 | 84.4% | $6.7B | 67.5% |
| Q2 2026 | 363 | 87.6% | $5.2B | 60.2% |
From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.