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Dave Inc

268 hedge funds and large institutions have $2.09B invested in Dave Inc in 2025 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 102 increasing their positions, 71 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more call options, than puts

Call options by funds: $240M | Put options by funds: $143M

45% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 49

44% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 71

8% more funds holding

Funds holding: 249268 (+19)

3.59% more ownership

Funds ownership: 83.14%86.73% (+3.6%)

21% less capital invested

Capital invested by funds: $2.64B → $2.09B (-$550M)

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

Holders
268
Holders Change
+19
Holders Change %
+7.63%
% of All Funds
3.52%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.12%
New
71
Increased
102
Reduced
71
Closed
49
Calls
$240M
Puts
$143M
Net Calls
+$97.2M
Net Calls Change
-$106M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
151
Connective Capital Management
California
$559K +$606K +2,804 New
GCM
152
Graham Capital Management
Connecticut
$556K -$1.37M -6,335 -69%
ASRS
153
Arizona State Retirement System
Arizona
$556K +$19K +88 +3%
Mariner
154
Mariner
Kansas
$549K +$163K +754 +38%
State Board of Administration of Florida Retirement System
155
State Board of Administration of Florida Retirement System
Florida
$547K -$40K -185 -6%
DT
156
Diversified Trust
Tennessee
$545K +$40.6K +188 +7%
ACM
157
Aquatic Capital Management
Illinois
$537K +$582K +2,696 New
Carson Wealth (CWM LLC)
158
Carson Wealth (CWM LLC)
Nebraska
$523K -$98.9K -458 -15%
Blackstone Inc
159
Blackstone Inc
New York
$514K +$557K +2,577 New
PFSRSONJ
160
Police & Firemen's Retirement System of New Jersey
New Jersey
$511K +$101K +468 +22%
PCM
161
Prelude Capital Management
New York
$506K +$230K +1,063 +72%
HCA
162
Harbor Capital Advisors
Illinois
$504K +$546K +2,530 New
NA
163
NewEdge Advisors
Louisiana
$497K -$52.9K -245 -9%
EMFAT
164
Emerald Mutual Fund Advisers Trust
Pennsylvania
$494K +$535K +2,478 New
VCM
165
Voleon Capital Management
California
$481K +$521K +2,411 New
Fuller & Thaler Asset Management
166
Fuller & Thaler Asset Management
California
$478K -$49.7K -230 -9%
Wealth Enhancement Advisory Services
167
Wealth Enhancement Advisory Services
Minnesota
$476K +$4.54K +21 +0.9%
CMF
168
Counterpoint Mutual Funds
California
$473K +$512K +2,372 New
CL
169
CIM LLC
New York
$469K -$648 -3 -0.1%
CAM
170
Cresset Asset Management
Illinois
$444K +$157K +728 +49%
Aviva
171
Aviva
United Kingdom
$441K -$38.2K -177 -7%
GA
172
GoalVest Advisory
New York
$439K +$475K +2,200 New
Allianz Asset Management
173
Allianz Asset Management
Germany
$437K +$474K +2,193 New
MG
174
Mather Group
Illinois
$436K
CAU
175
Caxton Associates (UK)
$428K +$463K +2,145 New

DAVE Hedge Fund Activity: Q3 2025 in Review

268 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q3 2025, worth a combined $2.09B — down 21% from $2.64B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new DAVE positions and 49 closed out — a net gain of 22 holders — while 102 added to existing stakes and 71 trimmed.

The largest buyer was Divisadero Street Capital Management, adding an estimated $84.4M. The largest seller was NVP Associates, exiting entirely with an estimated $62.5M sold.

  • 268 institutional investors held Dave Inc (DAVE) as of Q3 2025, up from 249 in Q2 2025.
  • Funds reported $2.09B of Dave Inc stock for Q3 2025, down 21% quarter-over-quarter.
  • 71 funds opened new Dave Inc positions in Q3 2025 and 49 closed out, a net change of +22 holders.
  • The largest Dave Inc buyer in Q3 2025 was Divisadero Street Capital Management, an estimated $84.4M added.
  • The largest Dave Inc seller in Q3 2025 was NVP Associates, an estimated $62.5M sold.

Based on aggregated 13F filings for Q3 2025.