Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
76 hedge funds and large institutions have $77.1M invested in Elevate Credit, Inc. in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
4% less funds holding
Funds holding: 79 → 76 (-3)
14% less capital invested
Capital invested by funds: $89.5M → $77.1M (-$12.4M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Requisite Capital Management
Dallas,
Texas
|
+$9.46M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$995K |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$871K |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$677K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$4.53M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.3M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$565K |
| 4 |
MCM
Matarin Capital Management
New York
|
-$412K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LSC
76
Lyon Street Capital
Sausalito,
California
| – | -$565K | -134,088 | Closed |
|
|
ISL
77
Ingalls & Snyder LLC
New York
| – | -$129K | -30,639 | Closed |
|
|
ARTA
78
A.R.T. Advisors
New York
| – | -$76K | -18,038 | Closed |
|
|
SRAM
79
Stone Ridge Asset Management
New York
| – | -$50K | -11,887 | Closed |
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$44K | -10,518 | Closed |
|
81
Victory Capital Management
San Antonio,
Texas
| – | -$15K | -3,595 | Closed |
|
|
BCA
82
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1K | -421 | Closed |
|
|
PCM
83
Penserra Capital Management
Orinda,
California
| – | -$142 | -34 | -65% |
|
ELVT Hedge Fund Activity: Q4 2019 in Review
76 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q4 2019, worth a combined $77.1M — down 14% from $89.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ELVT and 6 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 35 added.
The largest buyer was Requisite Capital Management, adding an estimated $9.46M. The largest seller was Nantahala Capital Management, cutting an estimated $4.53M.
- 76 institutional investors held Elevate Credit, Inc. (ELVT) as of Q4 2019, down from 79 in Q3 2019.
- Funds reported $77.1M of Elevate Credit, Inc. stock for Q4 2019, down 14% quarter-over-quarter.
- 6 funds opened new Elevate Credit, Inc. positions in Q4 2019 and 8 closed out, a net change of -2 holders.
- The largest Elevate Credit, Inc. buyer in Q4 2019 was Requisite Capital Management, an estimated $9.46M added.
- The largest Elevate Credit, Inc. seller in Q4 2019 was Nantahala Capital Management, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2019.