The Estée Lauder Companies Inc.
CH ˙ SWX ˙ US5184391044
SecurityCH:EL / The Estée Lauder Companies Inc.
InstitutionNorges Bank
Latest Disclosed Ownership2,949,886 shares
Latest Disclosed Value $ 308,912,062
Norges Bank ownership in EL / The Estée Lauder Companies Inc.

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 2,949,886 shares of The Estée Lauder Companies Inc. (CH:EL) valued at $308,912,062 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of The Estée Lauder Companies Inc..

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F LAUDER ESTEE COS CL A 518439104 2,949,886 2,949,886 308,912 0.0330
2025-11-13 2025-09-30 13F LAUDER ESTEE COS CL A 518439104 0 -2,347,314 -100.00 0 -100.00
2025-08-13 2025-06-30 13F LAUDER ESTEE COS CL A 518439104 2,347,314 -591,344 -20.12 189,663 -2.21 0.0237
2026-05-11 2025-03-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,938,658 -412,954 -12.32 193,951 -22.82 0.0272
2025-02-12 2024-12-31 13F LAUDER ESTEE COS CL A 518439104 3,351,612 610,683 22.28 251,304 -8.03 0.0330
2025-11-12 2024-09-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,740,929 -258,140 -8.61 273,243 -14.37 0.0382
2024-08-14 2024-06-30 13F LAUDER ESTEE COS CL A 518439104 2,999,069 -859,306 -22.27 319,101 -46.35 0.0477
2025-05-14 2024-03-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 3,858,375 309,830 8.73 594,769 14.60 0.0939
2024-02-09 2023-12-31 13F LAUDER ESTEE COS CL A 518439104 3,548,545 177,506 5.27 518,975 6.50 0.0907
2024-11-13 2023-09-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 3,371,039 138,959 4.30 487,284 -23.23 0.0989
2024-08-14 2023-06-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 3,232,080 -252,657 -7.25 634,716 -26.10 0.1253
2024-05-15 2023-03-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 3,484,737 26,313 0.76 858,848 0.09 0.1880
2023-02-14 2022-12-31 13F LAUDER ESTEE COS CL A 518439104 3,458,424 1,048,685 43.52 858,070 64.93 0.2068
2023-11-13 2022-09-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,409,739 64,373 2.74 520,263 -12.90 0.1383
2023-08-14 2022-06-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,345,366 142,726 6.48 597,294 -0.42 0.1544
2023-05-12 2022-03-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,202,640 -117,009 -5.04 599,823 -30.15 0.1307
2022-03-09 2021-12-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,319,649 17,656 0.77 858,734 24.38 0.1766
2022-11-14 2021-09-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,301,993 -57,725 -2.45 690,437 -8.01 0.1528
2022-08-15 2021-06-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,359,718 -82,246 -3.37 750,579 5.68 0.1627
2022-05-09 2021-03-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,441,964 125,470 5.42 710,245 15.18 0.1626
2021-03-02 2020-12-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,316,494 -19,239 -0.82 616,628 20.96 0.1440
2021-11-12 2020-09-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,335,733 22,791 0.99 509,774 16.81 0.1354
2021-08-13 2020-06-30 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,312,942 189,075 8.90 436,406 28.96 0.1256
2021-05-07 2020-03-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,123,867 -22,588 -1.05 338,417 -23.66 0.1206
2020-03-03 2019-12-31 13F/A-1 LAUDER ESTEE COS CL A 518439104 2,146,455 59,720 2.86 443,329 6.79 0.1237
2020-11-13 2019-09-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,086,735 1,066 0.05 415,157 8.71 0.1271
2020-08-13 2019-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,085,669 93,064 4.67 381,908 15.77 0.1180
2020-05-11 2019-03-31 13F/A-2 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,992,605 195,631 10.89 329,876 41.10 0.1066
2019-03-04 2018-12-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,796,974 -175,805 -8.91 233,786 -18.45 0.0870
2019-12-02 2018-09-30 13F/A-3 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,972,779 162,172 8.96 286,685 10.97 0.0931
2019-12-02 2018-09-30 13F/A-2 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,972,779 162,172 286,685 0.0931
2019-11-12 2018-09-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,972,779 162,172 286,685 0.0931
2019-08-12 2018-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,810,607 32,918 1.85 258,355 -2.93 0.0887
2019-05-15 2018-03-31 13F/A-2 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,777,689 87,773 5.19 266,155 23.78 0.0963
2018-03-05 2017-12-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,689,916 73,209 4.53 215,025 23.33 0.0771
2018-11-13 2017-09-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,616,707 445,249 38.01 174,345 55.06 0.0662
2018-07-24 2017-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,171,458 414,679 54.80 112,437 75.23 0.0446
2018-05-11 2017-03-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 756,779 -385,466 -33.75 64,167 -26.56 0.0263
2017-03-02 2016-12-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,142,245 -169,716 -12.94 87,371 -21.27 0.0382
2017-11-13 2016-09-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,311,961 -272,618 -17.20 110,971 -23.06 0.0524
2017-08-09 2016-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,584,579 -458,256 -22.43 144,229 -25.14 0.0685
2017-05-10 2016-03-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A COM 518439104 2,042,835 0 0.00 192,659 7.10 0.0948
2016-04-18 2015-12-31 13F/A-2 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,042,835 -233,840 -10.27 179,892 -2.06 0.0894
2016-03-16 2015-12-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,042,835 0 179,892 0.0902
2016-11-14 2015-09-30 13F/A-2 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,276,675 0 0.00 183,682 -6.90 0.0963
2016-08-12 2015-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,276,675 0 0.00 197,297 4.21 0.0986
2016-05-13 2015-03-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,276,675 37,638 1.68 189,329 10.97 0.0928
2015-03-19 2014-12-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,239,037 13,889 170,614 0.0870
2016-04-18 2014-12-31 13F/A-2 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,239,037 13,889 0.62 170,614 2.62 0.0867
2015-11-12 2014-09-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,225,148 0 0.00 166,263 0.62 0.0901
2015-08-10 2014-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,225,148 140,000 6.71 165,239 18.49 0.0892
2015-05-12 2014-03-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 2,085,148 485,646 30.36 139,455 15.76 0.0787
2014-03-07 2013-12-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,599,502 -120,952 120,474 0.0737
2014-03-20 2013-12-31 13F/A-2 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,599,502 0 120,474 0.0709
2014-05-12 2013-12-31 13F/A-3 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,599,502 -120,952 -7.03 120,474 0.18 0.0694
2014-11-14 2013-09-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A CL A 518439104 1,720,454 -51,929 -2.93 120,260 3.17 0.0702
2014-08-14 2013-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,772,383 -21,328 -1.19 116,569 1.50 0.0724
2014-04-04 2013-03-31 13F/A-1 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,793,711 -107,590 114,851 0.0761
2014-05-12 2013-03-31 13F/A-2 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,793,711 -107,590 -5.66 114,851 -1.89 0.0745
2013-11-14 2012-09-30 13F/A-1 ESTEE LAUDER COMPANIES-C COM 518439104 1,901,301 13,799 0.73 117,064 18.40 0.0789
2013-08-15 2012-06-30 13F/A-1 ESTEE LAUDER COMPANIES-CL A COM 518439104 1,887,502 1,887,502 98,868 0.0793
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.