Dave Inc
DAVE
45 hedge funds and large institutions have $186M invested in Dave Inc in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.66% less ownership
Funds ownership: 2.91% → 2.25% (-0.66%)
21% less capital invested
Capital invested by funds: $234M → $186M (-$48.6M)
31% less funds holding
Funds holding: 65 → 45 (-20)
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Corbin Capital Partners
New York
|
+$29.9M |
| 2 |
Jane Street
New York
|
+$7.99M |
| 3 |
TAL
TIG Advisors LLC
New York
|
+$7.15M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.33M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$22.3M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$16M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
-$10.5M |
| 4 |
Millennium Management
New York
|
-$6.64M |
| 5 |
KC
Kepos Capital
New York
|
-$5.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
76
BlueMar Capital Management
Miami,
Florida
| – | -$363K | -1,122 | Closed |
|
|
WAM
77
Wolverine Asset Management
Chicago,
Illinois
| – | -$4K | -16 | Closed |
|
78
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -12 | Closed |
|
79
Morgan Stanley
New York
| – | -$2K | -5 | Closed |
|
DAVE Hedge Fund Activity: Q4 2021 in Review
45 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q4 2021, worth a combined $186M — down 21% from $234M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of DAVE and 15 opened new positions — a net loss of 19 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Corbin Capital Partners, adding an estimated $29.9M. The largest seller was Magnetar Financial, exiting entirely with an estimated $22.3M sold.
- 45 institutional investors held Dave Inc (DAVE) as of Q4 2021, down from 65 in Q3 2021.
- Funds reported $186M of Dave Inc stock for Q4 2021, down 21% quarter-over-quarter.
- 15 funds opened new Dave Inc positions in Q4 2021 and 34 closed out, a net change of -19 holders.
- The largest Dave Inc buyer in Q4 2021 was Corbin Capital Partners, an estimated $29.9M added.
- The largest Dave Inc seller in Q4 2021 was Magnetar Financial, an estimated $22.3M sold.
Based on aggregated 13F filings for Q4 2021.