Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
57 hedge funds and large institutions have $39.8M invested in Elevate Credit, Inc. in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 31 reducing their positions, and 13 closing their positions.
98% more call options, than puts
Call options by funds: $256K | Put options by funds: $129K
12% less funds holding
Funds holding: 65 → 57 (-8)
39% less capital invested
Capital invested by funds: $65.6M → $39.8M (-$25.8M)
48% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 31
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCP
JB Capital Partners
Armonk,
New York
|
+$1.5M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$441K |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$339K |
| 4 |
BlackRock
New York
|
+$283K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.78M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.58M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$490K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$396K |
ELVT Hedge Fund Activity: Q4 2021 in Review
57 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q4 2021, worth a combined $39.8M — down 39% from $65.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ELVT and 5 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 16 added.
The largest buyer was JB Capital Partners, adding an estimated $1.5M. The largest seller was Point72 Asset Management, cutting an estimated $3.78M.
- 57 institutional investors held Elevate Credit, Inc. (ELVT) as of Q4 2021, down from 65 in Q3 2021.
- Funds reported $39.8M of Elevate Credit, Inc. stock for Q4 2021, down 39% quarter-over-quarter.
- 5 funds opened new Elevate Credit, Inc. positions in Q4 2021 and 13 closed out, a net change of -8 holders.
- The largest Elevate Credit, Inc. buyer in Q4 2021 was JB Capital Partners, an estimated $1.5M added.
- The largest Elevate Credit, Inc. seller in Q4 2021 was Point72 Asset Management, an estimated $3.78M sold.
Based on aggregated 13F filings for Q4 2021.