Dave Inc
DAVE
66 hedge funds and large institutions have $128M invested in Dave Inc in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 24 increasing their positions, 6 reducing their positions, and 14 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 6
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
43% more capital invested
Capital invested by funds: $89.5M → $128M (+$38.2M)
38% more funds holding
Funds holding: 48 → 66 (+18)
16.27% more ownership
Funds ownership: 22.47% → 38.74% (+16%)
32% less call options, than puts
Call options by funds: $2.4M | Put options by funds: $3.52M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$25.1M |
| 2 |
BlackRock
New York
|
+$16.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$7.15M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5.7M |
| 5 |
Morgan Stanley
New York
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$7.76M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.4M |
| 3 |
Goldman Sachs
New York
|
-$4.19M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.45M |
| 5 |
RP
Regal Partners
Sydney, NSW,
Australia
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Lazard Asset Management
New York
| – | -$161K | -4,354 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$128K | -3,457 | Closed |
|
|
LP
78
LMR Partners
London,
United Kingdom
| – | -$70.3K | -1,893 | Closed |
|
79
Osaic Holdings
Scottsdale,
Arizona
| – | -$28.2K | -760 | Closed |
|
80
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$15 | -395 | Closed |
|
DAVE Hedge Fund Activity: Q2 2024 in Review
66 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q2 2024, worth a combined $128M — up 43% from $89.5M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new DAVE positions and 14 closed out — a net gain of 18 holders — while 24 added to existing stakes and 6 trimmed.
The largest buyer was Divisadero Street Capital Management, opening a new position worth an estimated $25.1M. The largest seller was Whetstone Capital Advisors, cutting an estimated $7.76M.
- 66 institutional investors held Dave Inc (DAVE) as of Q2 2024, up from 48 in Q1 2024.
- Funds reported $128M of Dave Inc stock for Q2 2024, up 43% quarter-over-quarter.
- 32 funds opened new Dave Inc positions in Q2 2024 and 14 closed out, a net change of +18 holders.
- The largest Dave Inc buyer in Q2 2024 was Divisadero Street Capital Management, an estimated $25.1M added.
- The largest Dave Inc seller in Q2 2024 was Whetstone Capital Advisors, an estimated $7.76M sold.
Based on aggregated 13F filings for Q2 2024.