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 ($84.5m this quarter). Holder counts are more reliable. Shares outstanding: 499.4m as of 2026-05-01, 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 ≈ $23.92. Options: 9 managers hold calls ($19.3m notional), 9 hold puts ($15.0m).
Trends to Q1 2026
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 |
| Q3 2025 | 411 |
| Q4 2025 | 485 |
| Q1 2026 | 517 |
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 2024 | 213 | 167 |
| Q3 2024 | 202 | 182 |
| Q4 2024 | 186 | 193 |
| Q1 2025 | 182 | 196 |
| Q2 2025 | 181 | 185 |
| Q3 2025 | 235 | 144 |
| Q4 2025 | 257 | 188 |
| Q1 2026 | 282 | 209 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $17.4m | $23.2m | 1.33 |
| Q3 2025 | $22.6m | $23.8m | 1.05 |
| Q4 2025 | $29.5m | $56.8m | 1.93 |
| Q1 2026 | $19.3m | $15.0m | 0.78 |
Biggest buyers
| Winslow Capital Management, LLC | New | +13.6m |
| SEI INVESTMENTS CO | Added | +5.0m |
| Invesco Ltd. | Added | +3.4m |
| Allspring Global Investments Holdings, LLC | New | +2.9m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.6m |
| MARSHALL WACE, LLP | New | +1.4m |
| Capital World Investors | Added | +1.3m |
| BlackRock, Inc. | Added | +1.3m |
| LMR Partners LLP | New | +1.2m |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -17.3m |
| Dodge & Cox | Reduced | -10.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -7.4m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -5.5m |
| Nuveen, LLC | Reduced | -3.9m |
| MORGAN STANLEY | Reduced | -1.9m |
| BRANDES INVESTMENT PARTNERS, LP | Reduced | -1.4m |
| FMR LLC | Reduced | -1.3m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -1.1m |
| Clearbridge Investments, LLC | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.8m243.2k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m114.9k shares |
| Twin Tree Management, LP | Reduced | $2.3m95.2k shares |
| Walleye Capital LLC | Added | $2.2m91.7k shares |
| SIMPLEX TRADING, LLC | Added | $1.9m79.3k shares |
| JANE STREET GROUP, LLC | Added | $1.7m69.4k shares |
| IMC-Chicago, LLC | Reduced | $1.6m65.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.0m42.7k shares |
| Walleye Trading LLC | Reduced | $107.7k4.5k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Added | $2.9m120.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.7m114.6k shares |
| Walleye Capital LLC | Added | $2.0m82.1k shares |
| CITADEL ADVISORS LLC | Added | $1.9m80.0k shares |
| Walleye Trading LLC | Added | $1.7m69.2k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m62.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.5m60.7k shares |
| IMC-Chicago, LLC | Reduced | $612.6k25.6k shares |
| JANE STREET GROUP, LLC | New | $330.2k13.8k 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 2026
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 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 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 4 | $937.9k | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.91% of their portfolio | 68.9m $1.6bn | Reduced -10.1m |
| FMR LLC 0.06% of their portfolio | 50.9m $1.2bn | Reduced -1.3m |
| BlackRock, Inc. 0.02% of their portfolio | 47.6m $1.1bn | Added +1.3m |
| PRIMECAP MANAGEMENT CO/CA/ 0.86% of their portfolio | 45.8m $1.1bn | Reduced -373.1k |
| T. Rowe Price Investment Management, Inc. 0.57% of their portfolio | 34.6m $828.8m | Reduced -17.3m |
| DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio | 24.5m $586.9m | Reduced -555.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 22.6m $541.7m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 22.3m $534.5m | First filing |
| STATE STREET CORP 0.01% of their portfolio | 15.3m $367.0m | Added +285.9k |
| Winslow Capital Management, LLC 1.27% of their portfolio | 13.6m $325.8m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 11.2m $267.9m | Added +1.8m |
| Black Creek Investment Management Inc. 13.47% of their portfolio | 10.5m $251.1m | Reduced -567.4k |
| UBS Group AG 0.04% of their portfolio | 8.6m $205.1m | Reduced -100.8k |
| Invesco Ltd. 0.02% of their portfolio | 8.1m $194.8m | Added +3.4m |
| MORGAN STANLEY 0.01% of their portfolio | 6.4m $153.6m | Reduced -1.9m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio | 6.2m $149.1m | Reduced -1.0m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.48% of their portfolio | 6.0m $143.9m | Reduced -5.5m |
| SEI INVESTMENTS CO 0.12% of their portfolio | 5.7m $135.2m | Added +5.0m |
| Clearbridge Investments, LLC 0.10% of their portfolio | 4.6m $109.6m | Reduced -1.1m |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 4.4m $105.0m | Added +689.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 4.2m $100.2m | Added +80.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 3.8m $91.2m | Reduced -104.9k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.28% of their portfolio | 3.6m $85.7m | Reduced -730.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.6m $85.6m | Added +37.1k |
| Capital World Investors 0.01% of their portfolio | 3.4m $81.6m | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.4m $80.4m | Added +924.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 3.2m $76.6m | Added +404.7k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 3.1m $74.7m | Added +494.2k |
| JUPITER ASSET MANAGEMENT LTD 0.40% of their portfolio | 3.1m $74.4m | Reduced -523.8k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 3.1m $73.8m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 3.0m $72.6m | Added +1.6m |
| SHAPIRO CAPITAL MANAGEMENT LLC 4.44% of their portfolio | 3.0m $71.0m | Reduced -398.5k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 2.9m $66.4m | New |
| Douglas Lane & Associates, LLC 0.98% of their portfolio | 2.8m $68.1m | Reduced -200.9k |
| Artemis Investment Management LLP 0.72% of their portfolio | 2.8m $68.0m | Added +380.5k |
| BRANDES INVESTMENT PARTNERS, LP 0.47% of their portfolio | 2.8m $66.5m | Reduced -1.4m |
| BOWEN HANES & CO INC 1.54% of their portfolio | 2.6m $63.3m | Added +23.5k |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 2.4m $58.0m | Reduced -148.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.58% of their portfolio | 2.4m $56.5m | Reduced -214.0k |
| Nuveen, LLC 0.01% of their portfolio | 2.2m $53.7m | Reduced -3.9m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.0m $45.8m | Added +140.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.9m $45.4m | Added +495.9k |
| Quantinno Capital Management LP 0.07% of their portfolio | 1.7m $40.2m | Reduced -153.5k |
| TD Asset Management Inc 0.03% of their portfolio | 1.6m $38.2m | Reduced -5.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.5m $36.5m | Added +6.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.05% of their portfolio | 1.4m $34.5m | Added +628.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.4m $34.3m | Reduced -53.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.4m $33.2m | Added +94.7k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 1.4m $33.1m | New |
| Redwood Grove Capital, LLC 9.98% of their portfolio | 1.3m $30.9m | Reduced -265.2k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 1.3m $30.3m | Added +24.5k |
| ASR Vermogensbeheer N.V. 0.35% of their portfolio | 1.2m $29.8m | Reduced -84.1k |
| LMR Partners LLP 0.26% of their portfolio | 1.2m $27.9m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.1m $26.6m | Reduced -1.1m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 1.0m $23.6m | New |
| Swiss National Bank 0.01% of their portfolio | 983.4k $23.5m | Added +3.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 951.8k $22.8m | Added +686.9k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 931.4k $22.3m | Added +69.4k |
| Defilade Capital Management, L.P. 3.13% of their portfolio | 931.1k $22.3m | Added +529.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 848.4k $20.3m | Added +641.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 830.2k $19.9m | Reduced -35.9k |
| PRIVATE MANAGEMENT GROUP INC 0.56% of their portfolio | 818.1k $19.6m | Reduced -463.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 805.4k $19.3m | Added +472.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 714.0k $17.1m | Reduced -7.4m |
| Legal & General Group Plc 0.00% of their portfolio | 709.8k $17.0m | Reduced -71.4k |
| PICTON MAHONEY ASSET MANAGEMENT 0.17% of their portfolio | 698.7k $16.7m | Added +27.6k |
| DAVIDSON INVESTMENT ADVISORS 0.69% of their portfolio | 670.4k $16.0m | Reduced -10.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 663.1k $15.9m | Added +40.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 645.0k $15.4m | Added +355.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 624.0k $14.1m | Reduced -11.1k |
| Hardman Johnston Global Advisors LLC 0.71% of their portfolio | 622.7k $14.9m | Reduced -8.2k |
| DDD Partners, LLC 1.03% of their portfolio | 618.1k $14.8m | Reduced -308.9k |
| Retirement Systems of Alabama 0.05% of their portfolio | 609.1k $14.6m | Added +12.8k |
| Treasurer of the State of North Carolina 0.05% of their portfolio | 606.2k $14.5m | Added +43.0k |
| DANSKE BANK A/S 0.03% of their portfolio | 604.2k $14.5m | Added +120.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 576.9k $13.8m | Added +107.6k |
| ExodusPoint Capital Management, LP 0.14% of their portfolio | 570.0k $13.6m | Reduced -193.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 558.7k $13.4m | Added +457.8k |
| Integral Health Asset Management, LLC 0.70% of their portfolio | 550.0k $13.2m | Added +300.0k |
| Dorsey Wright & Associates 1.40% of their portfolio | 472.8k $11.3m | New |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 469.9k $11.2m | Reduced -25.0k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 469.0k $11.2m | Added +11.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 449.9k $10.8m | First filing |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 449.8k $10.8m | Added +34.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 426.5k $10.2m | Reduced -2.7k |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.29% of their portfolio | 417.7k $10.0m | New |
| LPL Financial LLC 0.00% of their portfolio | 395.6k $9.5m | Added +215.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 376.1k $9.0m | Reduced -26.8k |
| CASTLEARK MANAGEMENT LLC 0.28% of their portfolio | 355.9k $8.5m | Added +321.4k |
| GREAT LAKES ADVISORS, LLC 0.07% of their portfolio | 347.9k $8.3m | Reduced -19.1k |
| Driehaus Capital Management LLC 0.06% of their portfolio | 344.2k $8.2m | New |
| OP Asset Management Ltd 0.08% of their portfolio | 341.4k $8.2m | Added +201.0k |
| Engineers Gate Manager LP 0.10% of their portfolio | 338.2k $8.1m | New |
| Gotham Asset Management, LLC 0.02% of their portfolio | 331.0k $7.9m | Added +181.9k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 318.9k $7.6m | Added +315.9k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 316.8k $7.6m | Added +115.5k |
| Tidal Investments LLC 0.02% of their portfolio | 313.5k $7.4m | Added +270.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 313.2k $7.5m | Added +15.2k |
| Dana Investment Advisors, Inc. 0.22% of their portfolio | 312.8k $7.5m | Reduced -18.9k |
| Pathstone Holdings, LLC 0.03% of their portfolio | 305.5k $7.3m | Reduced -16.1k |