ELANCO ANIMAL HEALTH INC ELAN
COM · Common Stock · CUSIP 28414H103 · ISIN US28414H1032
American healthcare company
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersIndianapolis, IN
- Founded1954
- Websiteelanco.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.2m this quarter). Holder counts are more reliable. Shares outstanding: 496.6m as of 2025-05-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.50. Options: 13 managers hold calls ($11.3m notional), 14 hold puts ($10.8m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 419 |
| Q4 2022 | 405 |
| Q1 2023 | 391 |
| Q2 2023 | 352 |
| Q3 2023 | 352 |
| Q4 2023 | 356 |
| Q1 2024 | 376 |
| Q2 2024 | 404 |
| Q3 2024 | 392 |
| Q4 2024 | 394 |
| Q1 2025 | 367 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 181 | 208 |
| Q3 2023 | 172 | 163 |
| Q4 2023 | 150 | 177 |
| Q1 2024 | 165 | 185 |
| Q2 2024 | 213 | 167 |
| Q3 2024 | 202 | 182 |
| Q4 2024 | 186 | 193 |
| Q1 2025 | 182 | 196 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $70.3m | $21.8m | 0.31 |
| Q3 2024 | $81.4m | $16.1m | 0.20 |
| Q4 2024 | $23.3m | $17.8m | 0.76 |
| Q1 2025 | $11.3m | $10.8m | 0.96 |
Biggest buyers
| FMR LLC | Added | +13.6m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | New | +7.6m |
| CITADEL ADVISORS LLC | Added | +5.3m |
| DIMENSIONAL FUND ADVISORS LP | Added | +2.6m |
| GOLDMAN SACHS GROUP INC | Added | +2.4m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +2.4m |
| Holocene Advisors, LP | New | +2.2m |
| FIRST TRUST ADVISORS LP | Added | +1.7m |
| Black Creek Investment Management Inc. | Added | +1.6m |
| BRANDES INVESTMENT PARTNERS, LP | Added | +1.5m |
Biggest sellers
| Magnetar Financial LLC | Reduced | -11.7m |
| JPMORGAN CHASE & CO | Reduced | -7.0m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -3.9m |
| CRAMER ROSENTHAL MCGLYNN LLC | Sold out | -2.7m |
| BOOTHBAY FUND MANAGEMENT, LLC | Sold out | -2.1m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -1.7m |
| MILLENNIUM MANAGEMENT LLC | Sold out | -1.6m |
| STATE STREET CORP | Reduced | -1.2m |
| BlackRock, Inc. | Reduced | -1.2m |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -941.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.4m323.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.9m178.4k shares |
| Walleye Capital LLC | Added | $1.3m122.5k shares |
| CITADEL ADVISORS LLC | Reduced | $975.5k92.9k shares |
| JPMORGAN CHASE & CO | Reduced | $892.5k85.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $744.3k71.5k shares |
| IMC-Chicago, LLC | Reduced | $634.2k60.4k shares |
| Walleye Trading LLC | Added | $488.2k46.5k shares |
| GROUP ONE TRADING LLC | Reduced | $329.7k31.4k shares |
| Balyasny Asset Management L.P. | Unchanged | $262.5k25.0k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $2.0m193.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.0m186.0k shares |
| Walleye Capital LLC | Added | $1.4m131.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $1.2m114.0k shares |
| CITADEL ADVISORS LLC | Reduced | $976.5k93.0k shares |
| JPMORGAN CHASE & CO | New | $892.5k85.0k shares |
| IMC-Chicago, LLC | Reduced | $766.5k73.0k shares |
| Walleye Trading LLC | Reduced | $555.5k52.9k shares |
| WOLVERINE TRADING, LLC | Added | $424.7k40.8k shares |
| JANE STREET GROUP, LLC | Reduced | $387.4k36.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DODGE & COX 13G · institution -2.0 pts · filed 2026-05-14 | 13.9% |
| FMR LLC 13G · institution -2.6 pts · filed 2026-02-05 | 10.5% |
| PRIMECAP MANAGEMENT CO/CA/ 13G · institution filed 2026-05-13 | 9.2% |
| BlackRock, Inc. 13G · institution +4.5 pts · filed 2025-10-17 | 8.9% |
| T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2025-11-14 | 6.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution +0.2 pts · filed 2026-07-14 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 3 | $617.8k | 0 | — | — |
| Q2 2024 | 1 | $254.7k | 0 | — | — |
| Q3 2024 | 2 | $1.4m | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 2 | $483.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-11 | Kurzius Lawrence Erik Director | Bought | $102.0k10.0k shares |
| 2025-03-07 | Kurzius Lawrence Erik Director | Bought | $109.0k10.0k shares |
| 2025-03-05 | HOOVER R DAVID Director · Revocable Trust | Bought | $272.5k25.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.50% of their portfolio | 82.9m $870.7m | Reduced -260.1k |
| FMR LLC 0.04% of their portfolio | 53.9m $565.5m | Added +13.6m |
| PRIMECAP MANAGEMENT CO/CA/ 0.44% of their portfolio | 50.2m $527.3m | Reduced -941.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 48.3m $507.4m | Reduced -437.7k |
| BlackRock, Inc. 0.01% of their portfolio | 23.7m $249.0m | Reduced -1.2m |
| Black Creek Investment Management Inc. 10.86% of their portfolio | 22.0m $231.4m | Added +1.6m |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 20.5m $214.9m | Added +2.6m |
| T. Rowe Price Investment Management, Inc. 0.11% of their portfolio | 16.0m $167.8m | Added +292.7k |
| SHAPIRO CAPITAL MANAGEMENT LLC 5.34% of their portfolio | 12.3m $129.5m | Reduced -24.4k |
| Nuveen, LLC 0.03% of their portfolio | 11.0m $115.2m | First filing |
| STATE STREET CORP 0.00% of their portfolio | 9.3m $97.1m | Reduced -1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.4m $87.7m | Added +170.2k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.29% of their portfolio | 7.6m $79.4m | New |
| BRANDES INVESTMENT PARTNERS, LP 0.78% of their portfolio | 7.3m $76.4m | Added +1.5m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 6.9m $72.1m | Added +5.3m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio | 6.4m $67.4m | Reduced -508.4k |
| PRUDENTIAL FINANCIAL INC 0.09% of their portfolio | 5.7m $60.2m | Added +1.5m |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 4.8m $50.4m | Added +2.4m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 4.8m $50.3m | Added +2.4m |
| MORGAN STANLEY 0.00% of their portfolio | 4.7m $49.3m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.5m $47.0m | Reduced -216.0k |
| UBS Group AG 0.01% of their portfolio | 4.4m $46.6m | Added +274.7k |
| Douglas Lane & Associates, LLC 0.60% of their portfolio | 3.9m $40.9m | Added +205.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 3.9m $40.8m | Reduced -103.6k |
| NORGES BANK 0.00% of their portfolio | 3.3m $34.7m | Reduced -608.1k |
| Freestone Grove Partners LP 0.35% of their portfolio | 3.2m $33.7m | Added +1.5m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.9m $30.6m | Reduced -28.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.33% of their portfolio | 2.9m $30.1m | Reduced -34.4k |
| PRIVATE MANAGEMENT GROUP INC 0.98% of their portfolio | 2.6m $27.5m | Added +257.8k |
| ASR Vermogensbeheer N.V. 0.35% of their portfolio | 2.3m $23.7m | First filing |
| Holocene Advisors, LP 0.07% of their portfolio | 2.2m $23.5m | New |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 2.2m $22.7m | Added +108.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.0m $20.6m | Reduced -47.7k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.8m $19.2m | Added +1.7m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.8m $18.8m | Added +76.4k |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 1.7m $18.0m | Added +582.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $17.3m | Reduced -29.7k |
| JUPITER ASSET MANAGEMENT LTD 0.16% of their portfolio | 1.6m $17.2m | Added +262.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 1.6m $16.5m | Added +435.2k |
| Hardman Johnston Global Advisors LLC 0.77% of their portfolio | 1.5m $16.1m | Reduced -30.0k |
| DDD Partners, LLC 1.90% of their portfolio | 1.5m $15.7m | Added +999.7k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 1.4m $15.1m | Added +488.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 1.2m $12.5m | Added +54.2k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 1.0m $10.8m | Reduced -317.2k |
| GREAT LAKES ADVISORS, LLC 0.09% of their portfolio | 973.2k $10.2m | Reduced -41.8k |
| Swiss National Bank 0.01% of their portfolio | 957.8k $10.1m | Reduced -14.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 951.8k $10.0m | Added +79.7k |
| M&G PLC 0.05% of their portfolio | 945.4k $10.4m | New |
| DAVIDSON INVESTMENT ADVISORS 0.47% of their portfolio | 905.9k $9.5m | Added +9.0k |
| HARBOR CAPITAL ADVISORS, INC. 0.43% of their portfolio | 896.2k $9.4m | Reduced -188.5k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 881.7k $9.3m | Added +709.5k |
| Redwood Grove Capital, LLC 3.24% of their portfolio | 860.0k $9.0m | New |
| Channing Capital Management, LLC 0.26% of their portfolio | 817.1k $8.6m | Added +85.4k |
| TANG CAPITAL MANAGEMENT LLC 0.46% of their portfolio | 800.1k $8.4m | Added +100 |
| California Public Employees Retirement System 0.01% of their portfolio | 794.6k $8.3m | Reduced -7.0k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 766.6k $8.0m | Reduced -329.1k |
| Legal & General Group Plc 0.00% of their portfolio | 680.2k $7.1m | Added +24.2k |
| MOORE CAPITAL MANAGEMENT, LP 0.22% of their portfolio | 639.0k $6.7m | New |
| Invesco Ltd. 0.00% of their portfolio | 555.3k $5.8m | Added +18.9k |
| Skylands Capital, LLC 0.83% of their portfolio | 550.1k $5.8m | Added +45.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 542.8k $5.7m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 536.5k $5.6m | Added +42.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 524.5k $5.3m | Added +282.1k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 509.6k $5.4m | Added +341.8k |
| Trexquant Investment LP 0.06% of their portfolio | 485.6k $5.1m | Added +141.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 481.3k $5.1m | Unchanged |
| SECTOR GAMMA AS 1.60% of their portfolio | 477.1k $5.0m | Added +200.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 474.5k $5.0m | Reduced -7.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 472.4k $5.0m | Reduced -7.0m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 457.2k $4.8m | Reduced -5.2k |
| Old West Investment Management, LLC 1.54% of their portfolio | 407.9k $4.3m | Added +14.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 401.9k $4.2m | Reduced -154.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 383.6k $4.0m | Reduced -277.1k |
| Pathstone Holdings, LLC 0.02% of their portfolio | 377.4k $4.0m | Reduced -171.3k |
| Dana Investment Advisors, Inc. 0.14% of their portfolio | 362.6k $3.8m | Added +50.9k |
| Gotham Asset Management, LLC 0.03% of their portfolio | 355.2k $3.7m | Reduced -122.6k |
| SANDERS MORRIS HARRIS LLC 0.56% of their portfolio | 342.4k $3.6m | Added +81.8k |
| Illinois Municipal Retirement Fund 0.05% of their portfolio | 332.3k $3.5m | Reduced -44.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 322.4k $3.4m | Reduced -1.1k |
| Magnetar Financial LLC 0.04% of their portfolio | 311.5k $3.3m | Reduced -11.7m |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 293.8k $3.1m | Added +65.5k |
| Point72 (DIFC) Ltd 0.30% of their portfolio | 292.5k $3.1m | Reduced -387.1k |
| COUNTRY CLUB BANK 0.20% of their portfolio | 280.7k $2.9m | Added +148.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 280.1k $2.9m | Added +4.2k |
| BARCLAYS PLC 0.00% of their portfolio | 274.5k $2.9m | Reduced -99.4k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 271.5k $2.9m | Reduced -58.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 271.3k $2.8m | Added +157.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 268.8k $2.8m | Added +56.9k |
| MONTANOVA CAPITAL, LLC 0.11% of their portfolio | 253.6k $2.7m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 248.5k $2.6m | Added +108.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 244.5k $2.6m | Reduced -792.5k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 235.1k $2.5m | Unchanged |
| PHILADELPHIA TRUST CO 0.21% of their portfolio | 230.9k $2.4m | Reduced -87.3k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 224.4k $2.4m | Reduced -2.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 224.0k $2.4m | Added +4.7k |
| Phocas Financial Corp. 0.35% of their portfolio | 215.4k $2.3m | Reduced -12.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 215.4k $2.2m | Reduced -12.0k |
| Catalyst Funds Management Pty Ltd 0.56% of their portfolio | 204.0k $2.1m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 201.9k $2.1m | Reduced -1.8k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.10% of their portfolio | 201.8k $2.1m | Added +147.8k |