Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
54 hedge funds and large institutions have $30.4M invested in Elevate Credit, Inc. in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 15 closing their positions.
73% more capital invested
Capital invested by funds: $17.5M → $30.4M (+$12.8M)
13% less funds holding
Funds holding: 62 → 54 (-8)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
54% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$1.33M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$1.05M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$827K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$435K |
| 5 |
Squarepoint
New York
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$913K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$510K |
| 3 |
GC
Globeflex Capital
San Diego,
California
|
-$336K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$168K |
| 5 |
D.E. Shaw & Co
New York
|
-$163K |
ELVT Hedge Fund Activity: Q3 2020 in Review
54 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q3 2020, worth a combined $30.4M — up 73% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ELVT and 7 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 12 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $1.33M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $913K.
- 54 institutional investors held Elevate Credit, Inc. (ELVT) as of Q3 2020, down from 62 in Q2 2020.
- Funds reported $30.4M of Elevate Credit, Inc. stock for Q3 2020, up 73% quarter-over-quarter.
- 7 funds opened new Elevate Credit, Inc. positions in Q3 2020 and 15 closed out, a net change of -8 holders.
- The largest Elevate Credit, Inc. buyer in Q3 2020 was HighTower Advisors, an estimated $1.33M added.
- The largest Elevate Credit, Inc. seller in Q3 2020 was Raymond James Financial Services Advisors, an estimated $913K sold.
Based on aggregated 13F filings for Q3 2020.