Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
79 hedge funds and large institutions have $89.5M invested in Elevate Credit, Inc. in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 10 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
4% more funds holding
Funds holding: 76 → 79 (+3)
3% more capital invested
Capital invested by funds: $87.2M → $89.5M (+$2.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.56M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.38M |
| 3 |
MCM
Matarin Capital Management
New York
|
+$659K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$482K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.06M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$903K |
| 3 |
6CM
683 Capital Management
New York
|
-$881K |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$648K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$640K |
ELVT Hedge Fund Activity: Q3 2019 in Review
79 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q3 2019, worth a combined $89.5M — up 2.6% from $87.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ELVT positions and 10 closed out — a net gain of 3 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $1.56M. The largest seller was Wellington Management Group, cutting an estimated $1.06M.
- 79 institutional investors held Elevate Credit, Inc. (ELVT) as of Q3 2019, up from 76 in Q2 2019.
- Funds reported $89.5M of Elevate Credit, Inc. stock for Q3 2019, up 2.6% quarter-over-quarter.
- 13 funds opened new Elevate Credit, Inc. positions in Q3 2019 and 10 closed out, a net change of +3 holders.
- The largest Elevate Credit, Inc. buyer in Q3 2019 was Renaissance Technologies, an estimated $1.56M added.
- The largest Elevate Credit, Inc. seller in Q3 2019 was Wellington Management Group, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2019.