ELAN ranks #1121 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
ELAN is a top-conviction position for Black Creek Investment Management Inc. — at 18.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in ELAN belongs to Dodge & Cox, but the position matters far more to Black Creek Investment Management Inc., who has 18.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its ELAN position for two straight quarters, increasing it by $565.8M to reach $576.4M today.
Barrow Hanley Mewhinney & Strauss LLC has trimmed its ELAN position for two straight quarters, cutting it by $97.6M while still holding $15.3K.
ELAN is up 3.2% today, and institutions have been net buyers of $1.0B this quarter — today's price move and the underlying institutional flow are pointing the same direction.