Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
45 hedge funds and large institutions have $133M invested in Elevate Credit, Inc. in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 10 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 47 → 45 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
22% less capital invested
Capital invested by funds: $171M → $133M (-$38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$854K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$783K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$760K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.35M |
| 2 |
BlackRock
New York
|
-$1.69M |
| 3 |
Millennium Management
New York
|
-$751K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$238K |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CGA
51
Crescent Grove Advisors
Lake Forest,
Illinois
| – | -$79K | -10,000 | Closed |
|
|
SO
52
STRS Ohio
Columbus,
Ohio
| – | -$33K | -4,200 | Closed |
|
|
PAM
53
Panagora Asset Management
Boston,
Massachusetts
| – | -$10K | -1,214 | Closed |
|
54
JP Morgan Chase
New York
| – | -$4K | -450 | Closed |
|
55
Citigroup
New York
| – | -$1K | -154 | Closed |
|
ELVT Hedge Fund Activity: Q3 2017 in Review
45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q3 2017, worth a combined $133M — down 22% from $171M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ELVT and 8 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 19 added.
The largest buyer was Wellington Management Group, adding an estimated $2M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $2.35M sold.
- 45 institutional investors held Elevate Credit, Inc. (ELVT) as of Q3 2017, down from 47 in Q2 2017.
- Funds reported $133M of Elevate Credit, Inc. stock for Q3 2017, down 22% quarter-over-quarter.
- 8 funds opened new Elevate Credit, Inc. positions in Q3 2017 and 10 closed out, a net change of -2 holders.
- The largest Elevate Credit, Inc. buyer in Q3 2017 was Wellington Management Group, an estimated $2M added.
- The largest Elevate Credit, Inc. seller in Q3 2017 was Alyeska Investment Group, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2017.