Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
62 hedge funds and large institutions have $17.5M invested in Elevate Credit, Inc. in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 21 closing their positions.
16% more capital invested
Capital invested by funds: $15.1M → $17.5M (+$2.37M)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
16% less funds holding
Funds holding: 74 → 62 (-12)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$991K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$605K |
| 3 |
Millennium Management
New York
|
+$260K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$155K |
| 5 |
Jane Street
New York
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.9M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.43M |
| 3 |
Renaissance Technologies
New York
|
-$423K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$362K |
| 5 |
State Street
Boston,
Massachusetts
|
-$327K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$10K | -9,701 | Closed |
|
77
Victory Capital Management
San Antonio,
Texas
| – | -$8K | -7,154 | Closed |
|
78
Citigroup
New York
| – | -$12.2K | -6,974 | -100% |
|
79
Legal & General Group
London,
United Kingdom
| – | -$4K | -3,907 | Closed |
|
|
BGIM
80
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$3K | -1,930 | Closed |
|
|
AIP
81
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$1K | -1,265 | Closed |
|
82
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -500 | Closed |
|
ELVT Hedge Fund Activity: Q2 2020 in Review
62 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q2 2020, worth a combined $17.5M — up 16% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ELVT and 11 opened new positions — a net loss of 10 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $991K. The largest seller was BlackRock, cutting an estimated $1.9M.
- 62 institutional investors held Elevate Credit, Inc. (ELVT) as of Q2 2020, down from 74 in Q1 2020.
- Funds reported $17.5M of Elevate Credit, Inc. stock for Q2 2020, up 16% quarter-over-quarter.
- 11 funds opened new Elevate Credit, Inc. positions in Q2 2020 and 21 closed out, a net change of -10 holders.
- The largest Elevate Credit, Inc. buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $991K added.
- The largest Elevate Credit, Inc. seller in Q2 2020 was BlackRock, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2020.