LAUDER ESTEE COS INC EL
CL A · Common Stock · CUSIP 518439104 · ISIN US5184391044
American-based cosmetics company
- SectorConsumer staples
- IndustryPerfumes, Cosmetics & Other Toilet Preparations
- HeadquartersNew York, NY
- Founded1946
- Websiteelcompanies.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 ($117.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $106.52. Options: 43 managers hold calls ($714.1m notional), 43 hold puts ($1.0bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,124 |
| Q4 2022 | 1,181 |
| Q1 2023 | 1,234 |
| Q2 2023 | 1,131 |
| Q3 2023 | 1,038 |
| Q4 2023 | 1,038 |
| Q1 2024 | 1,058 |
| Q2 2024 | 993 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 563 | 489 |
| Q1 2023 | 634 | 464 |
| Q2 2023 | 533 | 622 |
| Q3 2023 | 473 | 586 |
| Q4 2023 | 380 | 621 |
| Q1 2024 | 539 | 442 |
| Q2 2024 | 411 | 569 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $691.9m | $740.5m | 1.07 |
| Q4 2023 | $1.1bn | $1.0bn | 0.90 |
| Q1 2024 | $999.8m | $1.3bn | 1.31 |
| Q2 2024 | $714.1m | $1.0bn | 1.45 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +5.1m |
| CITADEL ADVISORS LLC | Added | +2.3m |
| MARSHALL WACE, LLP | Added | +1.9m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.1m |
| Independent Franchise Partners LLP | Added | +1.1m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +980.8k |
| Qube Research & Technologies Ltd | Added | +690.7k |
| VANGUARD GROUP INC | Added | +642.2k |
| AXA S.A. | Added | +596.8k |
| UBS Group AG | Added | +559.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -7.1m |
| BLS Capital Fondsmaeglerselskab A/S | Sold out | -2.0m |
| JENNISON ASSOCIATES LLC | Sold out | -1.9m |
| FMR LLC | Reduced | -1.6m |
| Holocene Advisors, LP | Reduced | -1.3m |
| AKO CAPITAL LLP | Reduced | -1.3m |
| Alyeska Investment Group, L.P. | Sold out | -1.1m |
| Carmignac Gestion | Reduced | -1.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -939.3k |
| NORGES BANK | Reduced | -859.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $117.5m1.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $101.9m957.4k shares |
| BARCLAYS PLC | Added | $85.2m801.1k shares |
| Twin Tree Management, LP | Added | $60.5m568.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $46.1m433.7k shares |
| IMC-Chicago, LLC | Added | $43.8m412.1k shares |
| JPMORGAN CHASE & CO | Added | $35.6m335.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $23.5m220.7k shares |
| Maven Securities LTD | Added | $17.2m161.4k shares |
| GROUP ONE TRADING LLC | Added | $14.5m135.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $159.1m1.5m shares |
| CITADEL ADVISORS LLC | Added | $132.9m1.2m shares |
| JPMORGAN CHASE & CO | Added | $84.4m793.4k shares |
| Twin Tree Management, LP | Added | $74.8m703.3k shares |
| JANE STREET GROUP, LLC | Added | $71.8m675.2k shares |
| D. E. Shaw & Co., Inc. | Reduced | $71.7m673.6k shares |
| Squarepoint Ops LLC | Added | $47.2m443.2k shares |
| PEAK6 Investments LLC | Added | $45.8m430.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $38.3m359.7k shares |
| SIMPLEX TRADING, LLC | Added | $32.6m448.5k 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 |
|---|---|
| LAL FAMILY PARTNERS LP 13G · exempt (held before listing) filed 2026-02-17 | 21.9% |
| LAL FAMILY CORP 13G · exempt (held before listing) filed 2026-02-17 | 21.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| MANAGED ACCOUNT ADVISORS LLC 13G · institution new · filed 2026-08-12 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2026-07-28 | 7.5% |
LAUDER AERIN
13D · may seek influence
no change · filed 2026-05-28
Stated purposeThe information set forth in Item 6 hereof is incorporated by reference herein. Full filing |
7.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: TRUST UNDER ARTICLE 2 OF THE ZINTERHOFER 2008 DESCENDANTS TR (1.9%, 2026-09-18), FMR LLC (4.4%, 2026-08-06), LAUDER RONALD S (0.0%, 2026-04-24; now reported by LAUDER AERIN), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), Capital World Investors (3.4%, 2026-02-13), Leonard A. Lauder 2013 Revocable Trust (0.0%, 2025-11-14)
Insider purchases and sales in Q2 2024
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 2022 | 0 | — | 6 | $11.7m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 3 | $8.9m | — |
| Q2 2023 | 0 | — | 1 | $10.7m | — |
| Q3 2023 | 0 | — | 2 | $2.2m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $198.0k | 1 | $638.4k | — |
| Q2 2024 | 0 | — | 3 | $5.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-30 | LAUDER JANE +1 Executive Vice President & CDO, director | Sold | $1.8m15.0k shares |
| 2024-05-22 | JUEPTNER PETER Group President | Sold | $1.7m12.8k shares |
| 2024-05-15 | TRAVIS TRACEY THOMAS EVP & CFO | Sold | $2.0m14.5k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 21.3m $2.3bn | Added +642.2k |
| BlackRock Inc. 0.04% of their portfolio | 14.8m $1.6bn | Added +6.2k |
| STATE STREET CORP 0.04% of their portfolio | 9.7m $1.0bn | Added +5.5k |
| EDGEWOOD MANAGEMENT LLC 2.29% of their portfolio | 7.9m $843.0m | Reduced -77.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio | 7.6m $806.8m | Added +5.1m |
| FMR LLC 0.04% of their portfolio | 5.9m $631.5m | Reduced -1.6m |
| MORGAN STANLEY 0.04% of their portfolio | 5.3m $562.2m | Reduced -7.1m |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 5.3m $560.4m | Reduced -238.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.2m $550.0m | Reduced -235.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 4.6m $488.8m | Added +95.9k |
| Independent Franchise Partners LLP 3.40% of their portfolio | 3.5m $368.8m | Added +1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 3.2m $339.5m | Reduced -939.3k |
| Clearbridge Investments, LLC 0.26% of their portfolio | 3.1m $325.0m | Reduced -108.9k |
| CITADEL ADVISORS LLC 0.32% of their portfolio | 3.0m $323.2m | Added +2.3m |
| NORGES BANK 0.05% of their portfolio | 3.0m $319.1m | Reduced -859.3k |
| VAN ECK ASSOCIATES CORP 0.45% of their portfolio | 3.0m $315.3m | Added +318.3k |
| Nuveen Asset Management, LLC 0.09% of their portfolio | 2.8m $303.2m | Reduced -95.0k |
| Alecta Tjanstepension Omsesidigt 1.54% of their portfolio | 2.6m $275.8m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.34% of their portfolio | 2.6m $274.0m | Reduced -123.3k |
| D. E. Shaw & Co., Inc. 0.38% of their portfolio | 2.5m $269.4m | Added +291.5k |
| Ensign Peak Advisors, Inc 0.44% of their portfolio | 2.3m $239.4m | Reduced -35.3k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 2.2m $235.6m | Reduced -109.7k |
| BROWN ADVISORY INC 0.30% of their portfolio | 2.2m $229.1m | Added +46.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 2.1m $227.3m | Added +267.5k |
| MARSHALL WACE, LLP 0.30% of their portfolio | 2.0m $211.0m | Added +1.9m |
| Bank Julius Baer & Co. Ltd, Zurich 0.76% of their portfolio | 1.7m $199.4m | Reduced -146.4k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.7m $177.6m | Reduced -16.2k |
| TWO SIGMA ADVISERS, LP 0.39% of their portfolio | 1.6m $172.7m | Reduced -322.6k |
| Capital International Investors 0.04% of their portfolio | 1.6m $170.6m | Reduced -39.4k |
| TWO SIGMA INVESTMENTS, LP 0.40% of their portfolio | 1.6m $169.8m | Added +1.1m |
| Invesco Ltd. 0.04% of their portfolio | 1.6m $169.3m | Added +352.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.62% of their portfolio | 1.6m $167.7m | Added +980.8k |
| Legal & General Group Plc 0.05% of their portfolio | 1.6m $167.3m | Reduced -11.7k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.5m $161.7m | Reduced -302.4k |
| UBS Group AG 0.05% of their portfolio | 1.5m $159.9m | Added +559.1k |
| BANQUE PICTET & CIE SA 1.60% of their portfolio | 1.5m $156.0m | Reduced -44.4k |
| AKO CAPITAL LLP 2.06% of their portfolio | 1.4m $150.0m | Reduced -1.3m |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 1.4m $145.7m | Added +78.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 1.3m $138.7m | Reduced -23.4k |
| AXA S.A. 0.19% of their portfolio | 1.2m $126.6m | Added +596.8k |
| Amundi 0.05% of their portfolio | 1.2m $122.8m | Added +333.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.14% of their portfolio | 1.1m $118.9m | Reduced -273.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 1.09% of their portfolio | 1.1m $118.5m | Reduced -52.6k |
| Rathbones Group PLC 0.57% of their portfolio | 991.9k $105.5m | Added +33.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.12% of their portfolio | 981.1k $104.4m | Added +54.6k |
| BARCLAYS PLC 0.05% of their portfolio | 979.5k $104.2m | Added +17.1k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 879.3k $93.6m | Added +82.9k |
| Allianz Asset Management GmbH 0.15% of their portfolio | 844.3k $89.8m | Reduced -60.3k |
| Employees Provident Fund Board 1.39% of their portfolio | 819.3k $87.2m | Added +167.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 772.0k $82.1m | Added +245.6k |
| Danica Pension, Livsforsikringsaktieselskab 1.67% of their portfolio | 765.6k $81.5m | Added +435.6k |
| MACQUARIE GROUP LTD 0.09% of their portfolio | 738.6k $78.6m | Added +212.5k |
| Qube Research & Technologies Ltd 0.14% of their portfolio | 722.5k $76.9m | Added +690.7k |
| RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio | 716.1k $76.2m | Added +8.7k |
| LGT CAPITAL PARTNERS LTD. 2.55% of their portfolio | 704.5k $75.0m | Reduced -246.9k |
| Swiss National Bank 0.05% of their portfolio | 689.7k $73.4m | Reduced -6.0k |
| Lazard Freres Gestion S.A.S. 1.61% of their portfolio | 673.8k $69.9m | Added +87.4k |
| TUDOR INVESTMENT CORP ET AL 0.75% of their portfolio | 627.4k $66.8m | Added +389.6k |
| Man Group plc 0.17% of their portfolio | 611.6k $65.1m | Added +155.1k |
| APG Asset Management N.V. 0.10% of their portfolio | 589.6k $58.5m | Added +15.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio | 588.2k $62.6m | Added +114.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 584.4k $62.2m | Added +41.8k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 560.7k $59.7m | Reduced -102.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 551.7k $58.7m | Reduced -52.1k |
| Assenagon Asset Management S.A. 0.14% of their portfolio | 531.9k $56.6m | Added +488.1k |
| Fayez Sarofim & Co 0.15% of their portfolio | 528.8k $56.3m | Reduced -253.8k |
| Pictet Asset Management Holding SA 0.06% of their portfolio | 525.8k $56.1m | Reduced -467.0k |
| Twin Tree Management, LP 1.60% of their portfolio | 513.2k $54.6m | Added +438.4k |
| CITIGROUP INC 0.05% of their portfolio | 507.5k $54.0m | Added +180.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 502.2k $53.4m | Reduced -40.6k |
| NATIXIS ADVISORS, LLC 0.12% of their portfolio | 500.3k $53.2m | Reduced -43.7k |
| National Pension Service 0.06% of their portfolio | 490.2k $52.2m | Added +49.1k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 489.6k $52.0m | Added +48.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 482.0k $51.3m | Added +175.6k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 469.4k $59.2m | Added +23.3k |
| STIFEL FINANCIAL CORP 0.06% of their portfolio | 468.7k $49.9m | Reduced -19.2k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 453.1k $48.2m | Added +2.6k |
| Alberta Investment Management Corp 0.51% of their portfolio | 451.1k $48.0m | Added +97.6k |
| MARTIN CURRIE LTD 1.72% of their portfolio | 451.1k $48.0m | Reduced -129.7k |
| Swedbank AB 0.06% of their portfolio | 450.6k $47.9m | Reduced -85.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.20% of their portfolio | 449.6k $47.8m | Added +24.9k |
| JARISLOWSKY, FRASER Ltd 0.28% of their portfolio | 440.9k $46.9m | Reduced -6.7k |
| Squarepoint Ops LLC 0.17% of their portfolio | 436.9k $46.5m | Added +430.6k |
| Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio | 417.6k $44.4m | Added +13.0k |
| California Public Employees Retirement System 0.03% of their portfolio | 413.2k $44.0m | Reduced -459 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% of their portfolio | 410.0k $43.6m | Added +14.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 394.4k $42.0m | Reduced -641 |
| Stonehage Fleming Financial Services Holdings Ltd 1.11% of their portfolio | 389.6k $41.5m | Reduced -45.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 389.1k $41.4m | Added +211.5k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 381.8k $40.6m | Added +22.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 373.0k $39.7m | Added +5.8k |
| NATIXIS 0.25% of their portfolio | 367.7k $39.1m | Added +19.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 358.4k $38.1m | Added +15.3k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 339.4k $36.1m | Added +243.9k |
| Mawer Investment Management Ltd. 0.16% of their portfolio | 318.3k $33.9m | Reduced -3.5k |
| Bridgewater Associates, LP 0.18% of their portfolio | 317.0k $33.7m | Added +133.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 315.5k $33.6m | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.14% of their portfolio | 314.7k $33.5m | Added +8.1k |
| CANADA LIFE ASSURANCE Co 0.06% of their portfolio | 314.5k $33.5m | Added +7.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 312.1k $33.2m | Reduced -5.9k |