Envela
ELA
38 hedge funds and large institutions have $6.11M invested in Envela in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 15 closing their positions.
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
3% less funds holding
Funds holding: 39 → 38 (-1)
2.72% less ownership
Funds ownership: 7.89% → 5.17% (-2.7%)
36% less capital invested
Capital invested by funds: $9.6M → $6.11M (-$3.49M)
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$260K |
| 2 |
Jane Street
New York
|
+$143K |
| 3 |
Goldman Sachs
New York
|
+$139K |
| 4 |
Renaissance Technologies
New York
|
+$94K |
| 5 |
RC
RBF Capital
San Francisco,
California
|
+$91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.42M |
| 2 |
BlackRock
New York
|
-$1.03M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$369K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$214K |
| 5 |
State Street
Boston,
Massachusetts
|
-$193K |
ELA Hedge Fund Activity: Q2 2024 in Review
38 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Envela (ELA) for Q2 2024, worth a combined $6.11M — down 36% from $9.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ELA and 14 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 5 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $260K. The largest seller was Heartland Advisors, exiting entirely with an estimated $1.42M sold.
- 38 institutional investors held Envela (ELA) as of Q2 2024, down from 39 in Q1 2024.
- Funds reported $6.11M of Envela stock for Q2 2024, down 36% quarter-over-quarter.
- 14 funds opened new Envela positions in Q2 2024 and 15 closed out, a net change of -1 holder.
- The largest Envela buyer in Q2 2024 was Millennium Management, an estimated $260K added.
- The largest Envela seller in Q2 2024 was Heartland Advisors, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2024.