Dave Inc
DAVE
48 hedge funds and large institutions have $89.5M invested in Dave Inc in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 10 increasing their positions, 1 reducing their positions, and 4 closing their positions.
3,041% more call options, than puts
Call options by funds: $911K | Put options by funds: $29K
900% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 1
675% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 4
559% more capital invested
Capital invested by funds: $13.6M → $89.5M (+$76M)
129% more funds holding
Funds holding: 21 → 48 (+27)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7.17% more ownership
Funds ownership: 15.3% → 22.47% (+7.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.59M |
| 2 |
Goldman Sachs
New York
|
+$2.61M |
| 3 |
GIPM
G2 Investment Partners Management
New York
|
+$2.07M |
| 4 |
Millennium Management
New York
|
+$1.14M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$2.31M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$135K |
| 3 |
A
AJOVista
Boston,
Massachusetts
|
-$22.3K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -162 | Closed |
|
DAVE Hedge Fund Activity: Q1 2024 in Review
48 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q1 2024, worth a combined $89.5M — up 559% from $13.6M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new DAVE positions and 4 closed out — a net gain of 27 holders — while 10 added to existing stakes and 1 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $4.59M. The largest seller was Whetstone Capital Advisors, cutting an estimated $2.31M.
- 48 institutional investors held Dave Inc (DAVE) as of Q1 2024, up from 21 in Q4 2023.
- Funds reported $89.5M of Dave Inc stock for Q1 2024, up 559% quarter-over-quarter.
- 31 funds opened new Dave Inc positions in Q1 2024 and 4 closed out, a net change of +27 holders.
- The largest Dave Inc buyer in Q1 2024 was Invesco, an estimated $4.59M added.
- The largest Dave Inc seller in Q1 2024 was Whetstone Capital Advisors, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2024.