Dave Inc
DAVE
92 hedge funds and large institutions have $231M invested in Dave Inc in 2024 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 32 increasing their positions, 17 reducing their positions, and 8 closing their positions.
325% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 8
202% more call options, than puts
Call options by funds: $3.24M | Put options by funds: $1.07M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
88% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 17
81% more capital invested
Capital invested by funds: $128M → $231M (+$103M)
39% more funds holding
Funds holding: 66 → 92 (+26)
13.09% more ownership
Funds ownership: 38.74% → 51.83% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$12M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
+$9.12M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$6.83M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$6.33M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$9.09M |
| 2 |
Morgan Stanley
New York
|
-$2.64M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.52M |
| 4 |
Millennium Management
New York
|
-$2.27M |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$998K |
DAVE Hedge Fund Activity: Q3 2024 in Review
92 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Dave Inc (DAVE) for Q3 2024, worth a combined $231M — up 81% from $128M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DAVE positions and 8 closed out — a net gain of 26 holders — while 32 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $12M. The largest seller was Divisadero Street Capital Management, cutting an estimated $9.09M.
- 92 institutional investors held Dave Inc (DAVE) as of Q3 2024, up from 66 in Q2 2024.
- Funds reported $231M of Dave Inc stock for Q3 2024, up 81% quarter-over-quarter.
- 34 funds opened new Dave Inc positions in Q3 2024 and 8 closed out, a net change of +26 holders.
- The largest Dave Inc buyer in Q3 2024 was UBS Group, an estimated $12M added.
- The largest Dave Inc seller in Q3 2024 was Divisadero Street Capital Management, an estimated $9.09M sold.
Based on aggregated 13F filings for Q3 2024.