Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
72 hedge funds and large institutions have $153M invested in Elevate Credit, Inc. in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 9 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 15
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
11% more funds holding
Funds holding: 65 → 72 (+7)
9% less capital invested
Capital invested by funds: $168M → $153M (-$15.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.97M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$3.99M |
| 3 |
BlackRock
New York
|
+$2.31M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$2.14M |
| 5 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$12.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.3M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$6.52M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$959K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$790K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OP
76
Osmium Partners
Greenbrae,
California
| – | -$316K | -37,378 | Closed |
|
|
EIM
77
Essex Investment Management
Boston,
Massachusetts
| – | -$285K | -33,720 | Closed |
|
78
Citadel Advisors
Miami,
Florida
| – | -$264K | -31,203 | Closed |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$165K | -19,514 | Closed |
|
80
American Century Companies
Kansas City,
Missouri
| – | -$86K | -10,110 | Closed |
|
|
PIA
81
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$3K | -350 | Closed |
|
ELVT Hedge Fund Activity: Q3 2018 in Review
72 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q3 2018, worth a combined $153M — down 9.3% from $168M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ELVT positions and 9 closed out — a net gain of 7 holders — while 32 added to existing stakes and 15 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $4.97M. The largest seller was Empyrean Capital Partners, cutting an estimated $12.3M.
- 72 institutional investors held Elevate Credit, Inc. (ELVT) as of Q3 2018, up from 65 in Q2 2018.
- Funds reported $153M of Elevate Credit, Inc. stock for Q3 2018, down 9.3% quarter-over-quarter.
- 16 funds opened new Elevate Credit, Inc. positions in Q3 2018 and 9 closed out, a net change of +7 holders.
- The largest Elevate Credit, Inc. buyer in Q3 2018 was Renaissance Technologies, an estimated $4.97M added.
- The largest Elevate Credit, Inc. seller in Q3 2018 was Empyrean Capital Partners, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2018.