Enova International
ENVA
160 hedge funds and large institutions have $687M invested in Enova International in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 43 increasing their positions, 65 reducing their positions, and 11 closing their positions.
200% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 11
61% more call options, than puts
Call options by funds: $939K | Put options by funds: $582K
41% more capital invested
Capital invested by funds: $487M → $687M (+$200M)
15% more funds holding
Funds holding: 139 → 160 (+21)
3.16% less ownership
Funds ownership: 95.7% → 92.54% (-3.2%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10M |
| 2 |
JP Morgan Chase
New York
|
+$6.61M |
| 3 |
Millennium Management
New York
|
+$4.26M |
| 4 |
Goldman Sachs
New York
|
+$4.02M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$13.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$12.5M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$7.85M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$6M |
| 5 |
BlackRock
New York
|
-$4.8M |
ENVA Hedge Fund Activity: Q1 2018 in Review
160 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Enova International (ENVA) for Q1 2018, worth a combined $687M — up 41% from $487M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new ENVA positions and 11 closed out — a net gain of 22 holders — while 43 added to existing stakes and 65 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $10M. The largest seller was Royce & Associates, cutting an estimated $13.6M.
- 160 institutional investors held Enova International (ENVA) as of Q1 2018, up from 139 in Q4 2017.
- Funds reported $687M of Enova International stock for Q1 2018, up 41% quarter-over-quarter.
- 33 funds opened new Enova International positions in Q1 2018 and 11 closed out, a net change of +22 holders.
- The largest Enova International buyer in Q1 2018 was Renaissance Technologies, an estimated $10M added.
- The largest Enova International seller in Q1 2018 was Royce & Associates, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2018.