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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
PCM
51
Portolan Capital Management
Massachusetts
$9.74M +$9.46M +44,001 New
Calamos Advisors
52
Calamos Advisors
Illinois
$9.42M +$1.18M +5,483 +15%
Lord, Abbett & Co
53
Lord, Abbett & Co
New Jersey
$8.57M +$6.02K +28 +0.1%
PCM
54
Peregrine Capital Management
Minnesota
$8.46M +$8.22M +38,230 New
Bank of New York Mellon
55
Bank of New York Mellon
New York
$8.37M +$366K +1,701 +5%
BFM
56
Boothbay Fund Management
New York
$8.35M +$470K +2,184 +6%
PCA
57
Prospect Capital Advisors
California
$8.3M -$894K -4,155 -10%
Marshall Wace
58
Marshall Wace
United Kingdom
$7.93M +$6.77M +31,488 +730%
IP
59
Interval Partners
New York
$7.38M +$1.48M +6,887 +26%
AQR Capital Management
60
AQR Capital Management
Connecticut
$6.75M -$487K -2,265 -7%
GC
61
Gratia Capital
California
$6.56M +$6.37M +29,625 New
State of Wisconsin Investment Board
62
State of Wisconsin Investment Board
Wisconsin
$6.43M +$1.8M +8,374 +41%
Capital Fund Management (CFM)
63
Capital Fund Management (CFM)
France
$5.81M -$1.04M -4,835 -16%
SBH
64
Segall Bryant & Hamill
Illinois
$5.63M +$5.47M +25,442 New
4A
65
4D Advisors
California
$5.54M +$5.38M +25,000 New
Barclays
66
Barclays
United Kingdom
$5.09M +$2.04M +9,490 +70%
Ensign Peak Advisors
67
Ensign Peak Advisors
Utah
$4.79M -$535K -2,485 -10%
Swiss National Bank
68
Swiss National Bank
Switzerland
$4.78M +$710K +3,300 +18%
Two Sigma Investments
69
Two Sigma Investments
New York
$4.68M -$14.3M -66,518 -76%
Robeco Institutional Asset Management
70
Robeco Institutional Asset Management
Netherlands
$4.29M
Walleye Capital
71
Walleye Capital
New York
$4.14M +$3.41M +15,844 +557%
AllianceBernstein
72
AllianceBernstein
Tennessee
$4.08M -$822K -3,820 -17%
FMI
73
F/M Investments
District of Columbia
$3.89M +$3.78M +17,578 New
Ameriprise
74
Ameriprise
Minnesota
$3.73M -$41.3M -192,150 -92%
MF
75
Magnetar Financial
Illinois
$3.64M +$3.53M +16,430 New

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.