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 ($17.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $81.13. Options: 46 managers hold calls ($962.1m notional), 37 hold puts ($1.0bn).
Trends to Q2 2025
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 |
| Q3 2024 | 921 |
| Q4 2024 | 843 |
| Q1 2025 | 794 |
| Q2 2025 | 812 |
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 | 473 | 586 |
| Q4 2023 | 380 | 621 |
| Q1 2024 | 539 | 442 |
| Q2 2024 | 411 | 569 |
| Q3 2024 | 433 | 520 |
| Q4 2024 | 344 | 548 |
| Q1 2025 | 366 | 418 |
| Q2 2025 | 418 | 384 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.0bn | $1.2bn | 1.18 |
| Q4 2024 | $1.1bn | $1.2bn | 1.14 |
| Q1 2025 | $727.1m | $1.1bn | 1.46 |
| Q2 2025 | $962.1m | $1.0bn | 1.07 |
Biggest buyers
| Capital World Investors | Added | +6.4m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.9m |
| MORGAN STANLEY | Added | +1.6m |
| FEDERATED HERMES, INC. | Added | +1.3m |
| Robeco Institutional Asset Management B.V. | Added | +1.2m |
| BlackRock, Inc. | Added | +1.1m |
| Bank of New York Mellon Corp | Added | +1.1m |
| FMR LLC | Added | +1.1m |
| Capital International Investors | New | +1.1m |
| Invesco Ltd. | Added | +914.6k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -6.5m |
| CITADEL ADVISORS LLC | Reduced | -1.7m |
| NUANCE INVESTMENTS, LLC | Reduced | -1.3m |
| Lazard Freres Gestion S.A.S. | Reduced | -1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.0m |
| Rathbones Group PLC | Reduced | -767.0k |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | -710.8k |
| UBS Group AG | Reduced | -664.3k |
| NORGES BANK | Reduced | -591.3k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -504.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $124.5m1.5m shares |
| CITADEL ADVISORS LLC | Reduced | $112.1m1.4m shares |
| BARCLAYS PLC | Added | $72.3m895.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $65.2m806.7k shares |
| JANE STREET GROUP, LLC | Added | $63.7m788.0k shares |
| UBS Group AG | Added | $50.5m625.0k shares |
| Squarepoint Ops LLC | Added | $47.7m590.0k shares |
| IMC-Chicago, LLC | Added | $45.3m560.7k shares |
| Scion Asset Management, LLC | New | $40.4m500.0k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $40.0m495.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $212.9m2.6m shares |
| CITADEL ADVISORS LLC | Reduced | $133.4m1.7m shares |
| JANE STREET GROUP, LLC | Reduced | $76.2m943.3k shares |
| JPMORGAN CHASE & CO | Reduced | $62.1m768.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $59.6m737.5k shares |
| UBS Group AG | Added | $41.9m518.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $34.8m430.6k shares |
| PEAK6 LLC | Added | $32.3m400.2k shares |
| BARCLAYS PLC | Added | $32.3m400.0k shares |
| IMC-Chicago, LLC | Reduced | $31.7m391.8k 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 |
|---|---|
| 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 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 | — | 2 | $2.2m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $198.0k | 1 | $638.4k | — |
| Q2 2024 | 0 | — | 3 | $5.5m | — |
| Q3 2024 | 0 | — | 2 | $680.1k | — |
| Q4 2024 | 2 | $25.0m | 1 | $743.3k | — |
| Q1 2025 | 2 | $8.7m | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 26.9m $2.2bn | Added +341.2k |
| BlackRock, Inc. 0.03% of their portfolio | 16.7m $1.4bn | Added +1.1m |
| FMR LLC 0.07% of their portfolio | 15.7m $1.3bn | Added +1.1m |
| Capital World Investors 0.14% of their portfolio | 12.1m $980.1m | Added +6.4m |
| STATE STREET CORP 0.03% of their portfolio | 10.9m $877.5m | Added +70.0k |
| EAGLE CAPITAL MANAGEMENT LLC 2.56% of their portfolio | 9.6m $778.2m | Reduced -47.5k |
| Independent Franchise Partners LLP 4.24% of their portfolio | 7.9m $637.7m | Reduced -84.4k |
| Invesco Ltd. 0.10% of their portfolio | 7.6m $613.8m | Added +914.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 5.9m $475.7m | Added +892.6k |
| MORGAN STANLEY 0.03% of their portfolio | 5.7m $463.0m | Added +1.6m |
| VAN ECK ASSOCIATES CORP 0.44% of their portfolio | 4.8m $388.6m | Reduced -383.1k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 4.2m $337.4m | Added +1.1m |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 4.0m $324.3m | Reduced -497.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio | 3.6m $293.6m | Reduced -1.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 3.2m $260.2m | Added +792.7k |
| Ensign Peak Advisors, Inc 0.45% of their portfolio | 3.2m $260.2m | Added +131.6k |
| UBS Group AG 0.05% of their portfolio | 3.0m $238.4m | Reduced -664.3k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 2.4m $197.2m | Reduced -4.8k |
| NORGES BANK 0.02% of their portfolio | 2.3m $189.7m | Reduced -591.3k |
| Alecta Tjanstepension Omsesidigt 0.87% of their portfolio | 2.3m $184.6m | Reduced -308.0k |
| MARSHALL WACE, LLP 0.21% of their portfolio | 2.2m $179.6m | Added +625.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.15% of their portfolio | 2.2m $178.7m | Added +1.9m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 2.0m $159.6m | Added +515.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.9m $149.9m | Reduced -6.5m |
| Legal & General Group Plc 0.03% of their portfolio | 1.6m $132.3m | Added +114.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.6m $129.7m | Added +98.5k |
| Amundi 0.05% of their portfolio | 1.6m $141.6m | Added +321.0k |
| FEDERATED HERMES, INC. 0.24% of their portfolio | 1.6m $125.6m | Added +1.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.19% of their portfolio | 1.5m $122.6m | Reduced -112.8k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.5m $120.6m | Reduced -216.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $114.6m | Reduced -58.8k |
| Robeco Institutional Asset Management B.V. 0.16% of their portfolio | 1.2m $99.0m | Added +1.2m |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 1.1m $89.6m | Reduced -381.2k |
| NUANCE INVESTMENTS, LLC 6.93% of their portfolio | 1.1m $88.9m | Reduced -1.3m |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 1.1m $87.5m | Added +22.8k |
| Capital International Investors 0.01% of their portfolio | 1.1m $86.1m | New |
| BARCLAYS PLC 0.03% of their portfolio | 1.1m $86.0m | Added +143.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.31% of their portfolio | 1.0m $83.3m | Reduced -79.7k |
| Danica Pension, Livsforsikringsaktieselskab 1.23% of their portfolio | 909.5k $73.5m | Reduced -15.3k |
| MACQUARIE GROUP LTD 0.09% of their portfolio | 890.3k $71.9m | Reduced -35.5k |
| Contrarius Group Holdings Ltd 3.86% of their portfolio | 845.8k $68.3m | New |
| Swiss National Bank 0.03% of their portfolio | 708.9k $57.3m | Added +50.5k |
| Alberta Investment Management Corp 0.43% of their portfolio | 677.9k $54.8m | Unchanged |
| DJE Kapital AG 1.27% of their portfolio | 657.4k $52.2m | Added +453.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 626.4k $50.6m | Reduced -116.2k |
| CAMBIAR INVESTORS LLC 2.12% of their portfolio | 624.7k $50.5m | Added +93.6k |
| Freestone Grove Partners LP 0.38% of their portfolio | 616.9k $49.8m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 594.0k $48.0m | Reduced -60.9k |
| Brandywine Global Investment Management, LLC 0.33% of their portfolio | 584.6k $47.2m | Added +9.9k |
| Charles-Lim Capital Ltd 11.76% of their portfolio | 584.1k $47.2m | Added +434.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 568.8k $46.0m | Reduced -1.6k |
| Nuveen, LLC 0.01% of their portfolio | 562.3k $45.4m | Added +22.8k |
| Interval Partners, LP 1.01% of their portfolio | 549.5k $44.4m | New |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 546.2k $44.2m | Added +14.9k |
| Candlestick Capital Management LP 1.45% of their portfolio | 541.2k $43.7m | New |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 530.6k $42.9m | Reduced -70.8k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 520.7k $42.1m | Added +42.6k |
| CONTINENTAL GRAIN CO 11.72% of their portfolio | 520.3k $42.0m | Unchanged |
| Douglas Lane & Associates, LLC 0.59% of their portfolio | 504.3k $40.7m | Reduced -21.7k |
| JUPITER ASSET MANAGEMENT LTD 0.33% of their portfolio | 494.4k $39.9m | Added +389.7k |
| Ilex Capital Partners (UK) LLP 1.32% of their portfolio | 494.1k $39.9m | Reduced -253.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 491.1k $39.7m | Added +28.1k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 490.2k $39.5m | Reduced -19.0k |
| NATIXIS 0.19% of their portfolio | 478.1k $38.6m | Reduced -96.7k |
| Burgundy Asset Management Ltd. 0.35% of their portfolio | 448.6k $36.2m | Reduced -3.8k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 435.5k $35.2m | Added +378.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 397.4k $32.1m | Added +328.2k |
| Fayez Sarofim & Co 0.08% of their portfolio | 391.0k $31.6m | Reduced -27.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 387.2k $31.3m | Reduced -18.7k |
| ASR Vermogensbeheer N.V. 0.40% of their portfolio | 383.5k $31.0m | Added +1.4k |
| CITIGROUP INC 0.02% of their portfolio | 383.2k $31.0m | Reduced -481.4k |
| Balyasny Asset Management L.P. 0.07% of their portfolio | 379.1k $30.6m | Reduced -264.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 340.7k $27.5m | Reduced -440.7k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 332.8k $26.4m | Added +253.9k |
| STEADFAST CAPITAL MANAGEMENT LP 0.49% of their portfolio | 324.2k $26.2m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 320.6k $25.9m | Added +83.3k |
| California Public Employees Retirement System 0.02% of their portfolio | 319.8k $25.8m | Added +17.6k |
| Cartenna Capital, LP 1.49% of their portfolio | 300.0k $24.2m | New |
| Compagnie Lombard Odier SCmA 0.31% of their portfolio | 295.5k $23.9m | Added +51.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 289.5k $23.4m | Reduced -283.2k |
| Woodline Partners LP 0.12% of their portfolio | 289.4k $23.4m | Added +50.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 279.3k $22.6m | Reduced -504.4k |
| Railway Pension Investments Ltd 0.31% of their portfolio | 271.5k $21.9m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 267.4k $21.6m | Reduced -151.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 258.6k $20.9m | Reduced -51.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 255.4k $20.6m | Reduced -4.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 245.7k $19.9m | Added +71.8k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 245.4k $19.8m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 235.7k $19.0m | Added +2.3k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.49% of their portfolio | 227.2k $18.4m | Reduced -710.8k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 222.8k $18.0m | Reduced -492.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 214.5k $17.3m | Added +30.8k |
| GDS Wealth Management 1.22% of their portfolio | 206.6k $16.7m | Added +97.2k |
| CAISSE DES DEPOTS ET CONSIGNATIONS 0.69% of their portfolio | 202.6k $16.4m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 191.4k $15.5m | Added +84.0k |
| NOMURA ASSET MANAGEMENT CO LTD 0.04% of their portfolio | 187.9k $15.2m | Added +62.9k |
| JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio | 185.9k $14.9m | Added +33.7k |
| Rathbones Group PLC 0.06% of their portfolio | 179.2k $14.5m | Reduced -767.0k |
| APG Asset Management N.V. 0.04% of their portfolio | 179.0k $12.3m | Added +14.4k |
| Aberdeen Group plc 0.02% of their portfolio | 177.3k $14.3m | Added +7.9k |