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Dave Inc

291 hedge funds and large institutions have $2.3B invested in Dave Inc in 2025 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 101 increasing their positions, 90 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

378% more call options, than puts

Call options by funds: $290M | Put options by funds: $60.7M

74% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 38

12% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 90

10% more capital invested

Capital invested by funds: $2.09B → $2.3B (+$210M)

9% more funds holding

Funds holding: 268291 (+23)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

1.53% less ownership

Funds ownership: 86.73%85.2% (-1.5%)

Holders
291
Holders Change
+23
Holders Change %
+8.58%
% of All Funds
3.54%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
66
Increased
101
Reduced
90
Closed
38
Calls
$290M
Puts
$60.7M
Net Calls
+$229M
Net Calls Change
+$132M
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
301
Wilson Asset Management
Australia
-$1.56M -7,830 Closed
UIC
302
Uniplan Investment Counsel
Wisconsin
-$1.54M -7,732 Closed
OAC
303
OMERS Administration Corp
Ontario, Canada
-$1.06M -5,300 Closed
ET
304
Entropy Technologies
New York
-$897K -4,500 Closed
LCM
305
Legato Capital Management
California
-$767K -3,850 Closed
FRM
306
Fox Run Management
Connecticut
-$690K -3,461 Closed
CCM
307
Connective Capital Management
California
-$559K -2,804 Closed
ACM
308
Aquatic Capital Management
Illinois
-$537K -2,696 Closed
CMF
309
Counterpoint Mutual Funds
California
-$473K -2,372 Closed
Aviva
310
Aviva
United Kingdom
-$441K -2,211 Closed
TC
311
TwinBeech Capital
New York
-$420K -2,109 Closed
N
312
Numerai
California
-$389K -1,951 Closed
IQI
313
Integrated Quantitative Investments
Washington
-$383K -1,923 Closed
AC
314
AXQ Capital
New Jersey
-$311K -1,560 Closed
Teacher Retirement System of Texas
315
Teacher Retirement System of Texas
Texas
-$246K -1,236 Closed
DS
316
DRW Securities
Illinois
-$243K -1,221 Closed
Thrivent Financial for Lutherans
317
Thrivent Financial for Lutherans
Minnesota
-$233K -1,170 Closed
OAS
318
Optivise Advisory Services
Tennessee
-$229K -1,148 Closed
GCS
319
Gordian Capital (Singapore)
Singapore
-$99.7K -500 Closed
Optiver Holding
320
Optiver Holding
Netherlands
-$7.97K -40 Closed
BBPWM
321
Blue Bell Private Wealth Management
Pennsylvania
-$6.58K -33 Closed
ASN
322
Advisory Services Network
Georgia
-$3.59K -18 Closed
PS
323
Principal Securities
Iowa
-$1.2K -6 Closed
Toronto Dominion Bank
324
Toronto Dominion Bank
Ontario, Canada
-$1.2K -6 Closed
HBW
325
Hazlett, Burt & Watson
West Virginia
-$1K -5 Closed

DAVE Hedge Fund Activity: Q4 2025 in Review

291 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q4 2025, worth a combined $2.3B — up 10% from $2.09B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new DAVE positions and 38 closed out — a net gain of 28 holders — while 101 added to existing stakes and 90 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $80.9M. The largest seller was Divisadero Street Capital Management, cutting an estimated $143M.

  • 291 institutional investors held Dave Inc (DAVE) as of Q4 2025, up from 268 in Q3 2025.
  • Funds reported $2.3B of Dave Inc stock for Q4 2025, up 10% quarter-over-quarter.
  • 66 funds opened new Dave Inc positions in Q4 2025 and 38 closed out, a net change of +28 holders.
  • The largest Dave Inc buyer in Q4 2025 was Susquehanna International Group, an estimated $80.9M added.
  • The largest Dave Inc seller in Q4 2025 was Divisadero Street Capital Management, an estimated $143M sold.

Based on aggregated 13F filings for Q4 2025.