Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
69 hedge funds and large institutions have $95.3M invested in Elevate Credit, Inc. in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
15% more funds holding
Funds holding: 60 → 69 (+9)
2% more capital invested
Capital invested by funds: $93.5M → $95.3M (+$1.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Requisite Capital Management
Dallas,
Texas
|
+$10.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.27M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$797K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$603K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$5.17M |
| 2 |
6CM
683 Capital Management
New York
|
-$2.86M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.4M |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$260K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$260K |
ELVT Hedge Fund Activity: Q1 2019 in Review
69 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q1 2019, worth a combined $95.3M — up 2% from $93.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ELVT positions and 4 closed out — a net gain of 9 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Requisite Capital Management, opening a new position worth an estimated $10.2M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $5.17M.
- 69 institutional investors held Elevate Credit, Inc. (ELVT) as of Q1 2019, up from 60 in Q4 2018.
- Funds reported $95.3M of Elevate Credit, Inc. stock for Q1 2019, up 2% quarter-over-quarter.
- 13 funds opened new Elevate Credit, Inc. positions in Q1 2019 and 4 closed out, a net change of +9 holders.
- The largest Elevate Credit, Inc. buyer in Q1 2019 was Requisite Capital Management, an estimated $10.2M added.
- The largest Elevate Credit, Inc. seller in Q1 2019 was Hawk Ridge Capital Management, an estimated $5.17M sold.
Based on aggregated 13F filings for Q1 2019.