Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
50 hedge funds and large institutions have $127M invested in Elevate Credit, Inc. in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5% less capital invested
Capital invested by funds: $133M → $127M (-$6.43M)
4% less funds holding
Funds holding: 52 → 50 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
43% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$4.37M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$2.05M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$763K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$741K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$701K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.93M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$1.11M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$925K |
| 4 |
PIA
Phoenix Investment Adviser
New York
|
-$624K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$557K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
51
Marshall Wace North America
New York
| – | -$925K | -122,907 | Closed |
|
52
Two Sigma Investments
New York
| – | -$326K | -43,291 | Closed |
|
|
VF
53
Virtu Financial
New York
| – | -$267K | -35,435 | Closed |
|
54
Citadel Advisors
Miami,
Florida
| – | -$256K | -33,953 | Closed |
|
|
MF
55
Magnetar Financial
Evanston,
Illinois
| – | -$187K | -24,811 | Closed |
|
|
TI
56
Trexquant Investment
Stamford,
Connecticut
| – | -$139K | -18,465 | Closed |
|
57
Jane Street
New York
| – | -$113K | -14,983 | Closed |
|
|
DTL
58
Dynamic Technology Lab
Singapore
| – | -$110K | -14,623 | Closed |
|
59
Millennium Management
New York
| – | -$102K | -13,511 | Closed |
|
60
Parallax Volatility Advisers
San Francisco,
California
| – | -$18K | -2,352 | Closed |
|
ELVT Hedge Fund Activity: Q1 2018 in Review
50 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q1 2018, worth a combined $127M — down 4.8% from $133M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ELVT and 9 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 13 added.
The largest buyer was Hawk Ridge Capital Management, adding an estimated $4.37M. The largest seller was Nantahala Capital Management, cutting an estimated $2.93M.
- 50 institutional investors held Elevate Credit, Inc. (ELVT) as of Q1 2018, down from 52 in Q4 2017.
- Funds reported $127M of Elevate Credit, Inc. stock for Q1 2018, down 4.8% quarter-over-quarter.
- 9 funds opened new Elevate Credit, Inc. positions in Q1 2018 and 10 closed out, a net change of -1 holder.
- The largest Elevate Credit, Inc. buyer in Q1 2018 was Hawk Ridge Capital Management, an estimated $4.37M added.
- The largest Elevate Credit, Inc. seller in Q1 2018 was Nantahala Capital Management, an estimated $2.93M sold.
Based on aggregated 13F filings for Q1 2018.