Dave Inc
DAVE
65 hedge funds and large institutions have $234M invested in Dave Inc in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
35% more capital invested
Capital invested by funds: $173M → $234M (+$61.3M)
14% more funds holding
Funds holding: 57 → 65 (+8)
0.76% more ownership
Funds ownership: 2.15% → 2.91% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$22.3M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
+$10.5M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$6.78M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$5.08M |
| 5 |
SV
Starboard Value
New York
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.55M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$4.95M |
| 3 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$1.48M |
| 4 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$1.03M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$989K |
DAVE Hedge Fund Activity: Q3 2021 in Review
65 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q3 2021, worth a combined $234M — up 35% from $173M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new DAVE positions and 8 closed out — a net gain of 8 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $22.3M. The largest seller was Goldman Sachs, exiting entirely with an estimated $7.55M sold.
- 65 institutional investors held Dave Inc (DAVE) as of Q3 2021, up from 57 in Q2 2021.
- Funds reported $234M of Dave Inc stock for Q3 2021, up 35% quarter-over-quarter.
- 16 funds opened new Dave Inc positions in Q3 2021 and 8 closed out, a net change of +8 holders.
- The largest Dave Inc buyer in Q3 2021 was Magnetar Financial, an estimated $22.3M added.
- The largest Dave Inc seller in Q3 2021 was Goldman Sachs, an estimated $7.55M sold.
Based on aggregated 13F filings for Q3 2021.