e.l.f. Beauty is Portolan Capital Management's 3rd Largest Position

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Portolan Capital Management LLC increased its stake in e.l.f. Beauty (NYSE:ELF) by 4.4% during the 3rd quarter, making the cosmetics company its 3rd largest position. The investment firm now owns 487,525 shares of e.l.f. Beauty, worth approximately $64.6 million and representing 0.82% of the company's outstanding stock.

Why it matters

e.l.f. Beauty's growing presence in Portolan Capital Management's portfolio suggests the investment firm sees significant potential in the cosmetics company's business and stock performance. As a top-3 holding, e.l.f. Beauty is a core part of Portolan's investment strategy, indicating the firm's confidence in the company's future growth.

The details

Portolan Capital Management increased its stake in e.l.f. Beauty by purchasing an additional 20,687 shares during the 3rd quarter. The firm now owns 487,525 shares, or approximately 0.82% of e.l.f. Beauty's total outstanding stock. e.l.f. Beauty makes up about 3.5% of Portolan Capital Management's overall portfolio, making it the investment firm's 3rd largest position.

• Portolan Capital Management increased its stake in e.l.f. Beauty during the 3rd quarter of 2026.