Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
56 hedge funds and large institutions have $37.3M invested in Elevate Credit, Inc. in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 11 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
6% more funds holding
Funds holding: 53 → 56 (+3)
21% less capital invested
Capital invested by funds: $47.3M → $37.3M (-$10.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IM
Islet Management
New York
|
+$5.16M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.41M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.2M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$781K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$544K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$2.41M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$2.03M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$638K |
| 4 |
BlackRock
New York
|
-$595K |
| 5 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$360K |
ELVT Hedge Fund Activity: Q1 2021 in Review
56 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q1 2021, worth a combined $37.3M — down 21% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ELVT positions and 11 closed out — a net gain of 4 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Islet Management, opening a new position worth an estimated $5.16M. The largest seller was Requisite Capital Management, cutting an estimated $2.41M.
- 56 institutional investors held Elevate Credit, Inc. (ELVT) as of Q1 2021, up from 53 in Q4 2020.
- Funds reported $37.3M of Elevate Credit, Inc. stock for Q1 2021, down 21% quarter-over-quarter.
- 15 funds opened new Elevate Credit, Inc. positions in Q1 2021 and 11 closed out, a net change of +4 holders.
- The largest Elevate Credit, Inc. buyer in Q1 2021 was Islet Management, an estimated $5.16M added.
- The largest Elevate Credit, Inc. seller in Q1 2021 was Requisite Capital Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q1 2021.