Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
46 hedge funds and large institutions have $38.4M invested in Elevate Credit, Inc. in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 16 closing their positions.
1,600% more call options, than puts
Call options by funds: $119K | Put options by funds: $7K
4% less capital invested
Capital invested by funds: $39.8M → $38.4M (-$1.4M)
19% less funds holding
Funds holding: 57 → 46 (-11)
43% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 23
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$341K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$320K |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$210K |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$166K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$552K |
| 2 |
Two Sigma Advisers
New York
|
-$524K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$517K |
| 4 |
Two Sigma Investments
New York
|
-$452K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$324K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
51
PDT Partners
New York
| – | -$75K | -25,243 | Closed |
|
|
RWM
52
Ritholtz Wealth Management
New York
| – | -$46K | -15,588 | Closed |
|
53
Wolverine Trading
Chicago,
Illinois
| – | -$40K | -13,519 | Closed |
|
54
Walleye Capital
New York
| – | -$39K | -13,000 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$32K | -10,850 | Closed |
|
|
CG
56
Cutler Group
San Francisco,
California
| – | -$5K | -1,797 | Closed |
|
57
Group One Trading
Chicago,
Illinois
| – | -$5.15K | -1,639 | Closed |
|
|
CSS
58
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$4K | -1,200 | Closed |
|
59
BNP Paribas Financial Markets
Paris,
France
| – | -$2.81K | -945 | Closed |
|
60
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -441 | Closed |
|
ELVT Hedge Fund Activity: Q1 2022 in Review
46 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q1 2022, worth a combined $38.4M — down 3.5% from $39.8M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ELVT and 5 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 13 added.
The largest buyer was Assenagon Asset Management, adding an estimated $341K. The largest seller was Point72 Asset Management, exiting entirely with an estimated $552K sold.
- 46 institutional investors held Elevate Credit, Inc. (ELVT) as of Q1 2022, down from 57 in Q4 2021.
- Funds reported $38.4M of Elevate Credit, Inc. stock for Q1 2022, down 3.5% quarter-over-quarter.
- 5 funds opened new Elevate Credit, Inc. positions in Q1 2022 and 16 closed out, a net change of -11 holders.
- The largest Elevate Credit, Inc. buyer in Q1 2022 was Assenagon Asset Management, an estimated $341K added.
- The largest Elevate Credit, Inc. seller in Q1 2022 was Point72 Asset Management, an estimated $552K sold.
Based on aggregated 13F filings for Q1 2022.