Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
65 hedge funds and large institutions have $65.6M invested in Elevate Credit, Inc. in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
45% more capital invested
Capital invested by funds: $45.2M → $65.6M (+$20.5M)
14% more funds holding
Funds holding: 57 → 65 (+8)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
67% less call options, than puts
Call options by funds: $112K | Put options by funds: $343K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.67M |
| 2 |
JCP
JB Capital Partners
Armonk,
New York
|
+$4.53M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.68M |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$718K |
| 5 |
Two Sigma Advisers
New York
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$802K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$714K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$497K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$405K |
| 5 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$330K |
ELVT Hedge Fund Activity: Q3 2021 in Review
65 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q3 2021, worth a combined $65.6M — up 45% from $45.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ELVT positions and 6 closed out — a net gain of 8 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $4.67M. The largest seller was Assenagon Asset Management, cutting an estimated $802K.
- 65 institutional investors held Elevate Credit, Inc. (ELVT) as of Q3 2021, up from 57 in Q2 2021.
- Funds reported $65.6M of Elevate Credit, Inc. stock for Q3 2021, up 45% quarter-over-quarter.
- 14 funds opened new Elevate Credit, Inc. positions in Q3 2021 and 6 closed out, a net change of +8 holders.
- The largest Elevate Credit, Inc. buyer in Q3 2021 was Point72 Asset Management, an estimated $4.67M added.
- The largest Elevate Credit, Inc. seller in Q3 2021 was Assenagon Asset Management, an estimated $802K sold.
Based on aggregated 13F filings for Q3 2021.