Elevate Credit, Inc.
ELVT
ELVT was delisted on the 27th of February, 2023.
39 hedge funds and large institutions have $15.5M invested in Elevate Credit, Inc. in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
42% more capital invested
Capital invested by funds: $10.9M → $15.5M (+$4.57M)
8% more funds holding
Funds holding: 36 → 39 (+3)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
60% less call options, than puts
Call options by funds: $25K | Put options by funds: $62K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$464K |
| 2 |
LCM
Lynwood Capital Management
Toronto,
Ontario, Canada
|
+$321K |
| 3 |
CWM
Connecticut Wealth Management
Farmington,
Connecticut
|
+$274K |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$161K |
| 5 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$707K |
| 2 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$369K |
| 3 |
JCP
JB Capital Partners
Armonk,
New York
|
-$358K |
| 4 |
D.E. Shaw & Co
New York
|
-$240K |
| 5 |
Renaissance Technologies
New York
|
-$100K |
ELVT Hedge Fund Activity: Q4 2022 in Review
39 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Elevate Credit, Inc. (ELVT) for Q4 2022, worth a combined $15.5M — up 42% from $10.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ELVT positions and 8 closed out — a net gain of 4 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $464K. The largest seller was Acadian Asset Management, cutting an estimated $707K.
- 39 institutional investors held Elevate Credit, Inc. (ELVT) as of Q4 2022, up from 36 in Q3 2022.
- Funds reported $15.5M of Elevate Credit, Inc. stock for Q4 2022, up 42% quarter-over-quarter.
- 12 funds opened new Elevate Credit, Inc. positions in Q4 2022 and 8 closed out, a net change of +4 holders.
- The largest Elevate Credit, Inc. buyer in Q4 2022 was HighTower Advisors, an estimated $464K added.
- The largest Elevate Credit, Inc. seller in Q4 2022 was Acadian Asset Management, an estimated $707K sold.
Based on aggregated 13F filings for Q4 2022.