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 ($45.8m this quarter). Holder counts are more reliable. Shares outstanding: 496.8m as of 2025-08-04, 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 ≈ $14.28. Options: 14 managers hold calls ($17.4m notional), 13 hold puts ($23.2m).
Trends to Q2 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 |
| Q2 2025 | 369 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 181 | 185 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $81.4m | $16.1m | 0.20 |
| Q4 2024 | $23.3m | $17.8m | 0.76 |
| Q1 2025 | $11.3m | $10.8m | 0.96 |
| Q2 2025 | $17.4m | $23.2m | 1.33 |
Biggest buyers
| FMR LLC | Added | +11.0m |
| CITADEL ADVISORS LLC | Added | +6.8m |
| UBS Group AG | Added | +6.1m |
| Clearbridge Investments, LLC | New | +5.4m |
| MORGAN STANLEY | Added | +5.3m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +5.1m |
| MILLENNIUM MANAGEMENT LLC | New | +3.8m |
| T. Rowe Price Investment Management, Inc. | Added | +3.6m |
| Woodline Partners LP | New | +3.2m |
| JENNISON ASSOCIATES LLC | Added | +2.5m |
Biggest sellers
| SHAPIRO CAPITAL MANAGEMENT LLC | Reduced | -3.0m |
| Black Creek Investment Management Inc. | Reduced | -2.8m |
| Nuveen, LLC | Reduced | -2.7m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.5m |
| NORGES BANK | Reduced | -2.4m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -2.4m |
| PRUDENTIAL FINANCIAL INC | Reduced | -1.8m |
| Hardman Johnston Global Advisors LLC | Sold out | -1.5m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.3m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.2m221.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $2.1m150.0k shares |
| GROUP ONE TRADING LLC | Added | $1.9m132.3k shares |
| CITADEL ADVISORS LLC | Added | $1.7m119.2k shares |
| JANE STREET GROUP, LLC | Added | $1.5m107.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.4m96.1k shares |
| Walleye Capital LLC | Reduced | $1.3m92.7k shares |
| JPMORGAN CHASE & CO | Unchanged | $1.2m85.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m79.4k shares |
| IMC-Chicago, LLC | Reduced | $801.1k56.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.2m1.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $1.6m110.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.1m74.1k shares |
| CITADEL ADVISORS LLC | Reduced | $906.8k63.5k shares |
| Walleye Capital LLC | Reduced | $858.2k60.1k shares |
| IMC-Chicago, LLC | Reduced | $751.1k52.6k shares |
| GROUP ONE TRADING LLC | Added | $506.9k35.5k shares |
| Walleye Trading LLC | Reduced | $401.3k28.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $390.1k27.3k shares |
| JANE STREET GROUP, LLC | Reduced | $335.6k23.5k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.67% of their portfolio | 82.9m $1.2bn | Reduced -25.4k |
| FMR LLC 0.05% of their portfolio | 64.9m $926.5m | Added +11.0m |
| PRIMECAP MANAGEMENT CO/CA/ 0.59% of their portfolio | 51.8m $739.2m | Added +1.5m |
| VANGUARD GROUP INC 0.01% of their portfolio | 47.8m $683.0m | Reduced -496.2k |
| BlackRock, Inc. 0.01% of their portfolio | 23.1m $329.5m | Reduced -644.4k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 22.7m $324.8m | Added +2.3m |
| T. Rowe Price Investment Management, Inc. 0.18% of their portfolio | 19.6m $279.2m | Added +3.6m |
| Black Creek Investment Management Inc. 12.71% of their portfolio | 19.3m $274.9m | Reduced -2.8m |
| CITADEL ADVISORS LLC 0.17% of their portfolio | 13.7m $195.6m | Added +6.8m |
| UBS Group AG 0.03% of their portfolio | 10.5m $150.0m | Added +6.1m |
| MORGAN STANLEY 0.01% of their portfolio | 10.0m $142.4m | Added +5.3m |
| SHAPIRO CAPITAL MANAGEMENT LLC 5.83% of their portfolio | 9.3m $132.7m | Reduced -3.0m |
| STATE STREET CORP 0.00% of their portfolio | 9.1m $130.3m | Reduced -125.4k |
| Nuveen, LLC 0.03% of their portfolio | 8.3m $117.9m | Reduced -2.7m |
| BRANDES INVESTMENT PARTNERS, LP 1.05% of their portfolio | 8.1m $115.7m | Added +820.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.1m $115.2m | Reduced -282.3k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.37% of their portfolio | 7.6m $108.9m | Added +64.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio | 6.0m $86.2m | Reduced -376.5k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 5.4m $77.1m | New |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.27% of their portfolio | 5.1m $72.9m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.3m $61.1m | Reduced -193.0k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 4.0m $56.5m | Reduced -1.8m |
| Freestone Grove Partners LP 0.42% of their portfolio | 3.9m $55.0m | Added +643.7k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 3.8m $54.8m | New |
| Douglas Lane & Associates, LLC 0.73% of their portfolio | 3.5m $50.2m | Reduced -382.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.5m $49.4m | Reduced -1.3m |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 3.2m $46.2m | Added +2.5m |
| Woodline Partners LP 0.24% of their portfolio | 3.2m $45.5m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.9m $41.4m | Reduced -15.8k |
| Holocene Advisors, LP 0.10% of their portfolio | 2.9m $41.2m | Added +649.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.35% of their portfolio | 2.7m $38.2m | Reduced -191.2k |
| PRIVATE MANAGEMENT GROUP INC 1.19% of their portfolio | 2.6m $36.8m | Reduced -40.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 2.5m $35.9m | Added +946.0k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 2.5m $35.7m | Added +675.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 2.4m $34.2m | Reduced -2.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 2.3m $33.3m | Added +538.5k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 2.3m $33.0m | Added +596.4k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 2.2m $31.2m | Added +15.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1m $30.6m | Added +489.7k |
| Capital World Investors 0.00% of their portfolio | 2.0m $28.6m | New |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 2.0m $28.1m | New |
| ASR Vermogensbeheer N.V. 0.36% of their portfolio | 2.0m $28.0m | Reduced -297.5k |
| JUPITER ASSET MANAGEMENT LTD 0.22% of their portfolio | 1.9m $26.7m | Added +233.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.8m $25.3m | Reduced -188.6k |
| DDD Partners, LLC 2.52% of their portfolio | 1.6m $23.5m | Added +151.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.4m $20.2m | Reduced -2.5m |
| Redwood Grove Capital, LLC 6.21% of their portfolio | 1.3m $18.7m | Added +450.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.2m $17.1m | Added +243.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.0m $14.5m | Added +764.5k |
| Swiss National Bank 0.01% of their portfolio | 948.5k $13.5m | Reduced -9.3k |
| DAVIDSON INVESTMENT ADVISORS 0.59% of their portfolio | 914.0k $13.1m | Added +8.1k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 877.2k $12.5m | Reduced -556.4k |
| NORGES BANK 0.00% of their portfolio | 875.5k $12.5m | Reduced -2.4m |
| California Public Employees Retirement System 0.01% of their portfolio | 848.4k $12.1m | Added +53.8k |
| TANG CAPITAL MANAGEMENT LLC 0.58% of their portfolio | 800.1k $11.4m | Unchanged |
| Quantinno Capital Management LP 0.05% of their portfolio | 784.8k $11.2m | Added +592.8k |
| HARBOR CAPITAL ADVISORS, INC. 0.46% of their portfolio | 772.1k $11.0m | Reduced -124.1k |
| Polar Asset Management Partners Inc. 0.26% of their portfolio | 728.3k $10.4m | New |
| Legal & General Group Plc 0.00% of their portfolio | 727.6k $10.4m | Added +47.4k |
| Channing Capital Management, LLC 0.25% of their portfolio | 634.8k $9.1m | Reduced -182.4k |
| Invesco Ltd. 0.00% of their portfolio | 569.7k $8.1m | Added +14.5k |
| BARCLAYS PLC 0.00% of their portfolio | 557.8k $8.0m | Added +283.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 513.8k $7.3m | Reduced -22.8k |
| ROYCE & ASSOCIATES LP 0.07% of their portfolio | 496.9k $7.1m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 487.1k $7.0m | Added +5.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 457.2k $6.5m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 456.6k $6.5m | Added +257.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 454.4k $6.5m | Reduced -20.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 438.5k $6.3m | Reduced -33.9k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 434.5k $6.2m | Reduced -597.8k |
| Skylands Capital, LLC 0.90% of their portfolio | 433.6k $6.2m | Reduced -116.5k |
| Old West Investment Management, LLC 2.00% of their portfolio | 425.3k $6.1m | Added +17.5k |
| Pathstone Holdings, LLC 0.02% of their portfolio | 408.5k $5.8m | Added +31.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 395.2k $5.6m | Reduced -6.7k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 387.2k $5.5m | Reduced -155.6k |
| Dana Investment Advisors, Inc. 0.18% of their portfolio | 387.1k $5.5m | Added +24.5k |
| Treasurer of the State of North Carolina 0.02% of their portfolio | 361.4k $5.2m | Added +89.9k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 355.3k $5.1m | Reduced -154.3k |
| Integral Health Asset Management, LLC 0.47% of their portfolio | 350.0k $5.0m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 318.0k $4.5m | Reduced -4.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 310.4k $4.4m | Added +295.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 306.6k $4.4m | Added +12.8k |
| SECTOR GAMMA AS 1.36% of their portfolio | 292.1k $4.2m | Reduced -185.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 291.1k $4.2m | Added +94.4k |
| SANDERS MORRIS HARRIS LLC 0.98% of their portfolio | 286.3k $4.1m | Reduced -56.1k |
| Perbak Capital Partners LLP 0.91% of their portfolio | 280.5k $4.0m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 280.1k $4.0m | Unchanged |
| TD Asset Management Inc 0.00% of their portfolio | 279.1k $4.0m | Added +135.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 279.1k $4.0m | New |
| Hudson Bay Capital Management LP 0.03% of their portfolio | 273.6k $3.9m | Added +73.6k |
| Cinctive Capital Management LP 0.20% of their portfolio | 255.9k $3.7m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 254.5k $3.6m | Reduced -14.3k |
| MONTANOVA CAPITAL, LLC 0.14% of their portfolio | 253.6k $3.6m | Unchanged |
| EQUITABLE TRUST CO 0.18% of their portfolio | 248.1k $3.5m | Added +98.2k |
| PHILADELPHIA TRUST CO 0.26% of their portfolio | 237.5k $3.4m | Added +6.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 235.1k $3.4m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 227.1k $3.2m | Reduced -44.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 217.1k $3.1m | Reduced -7.0k |
| Phocas Financial Corp. 0.44% of their portfolio | 215.4k $3.1m | Added +32 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 215.4k $3.1m | Unchanged |