elephant

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Elephant

Informal; a very large institutional investor. Elephants can have huge impacts on the market for both good and bad. See also: Too-Big-to-Fail.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

elephant

An institutional investor that controls a substantial amount of funds and that makes investment decisions that can have a major impact on a security's market price.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.