Enova International
ENVA
190 hedge funds and large institutions have $1.12B invested in Enova International in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 56 increasing their positions, 66 reducing their positions, and 23 closing their positions.
78% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 23
40% more capital invested
Capital invested by funds: $798M → $1.12B (+$321M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more funds holding
Funds holding: 173 → 190 (+17)
3.09% less ownership
Funds ownership: 90.22% → 87.13% (-3.1%)
15% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 66
38% less call options, than puts
Call options by funds: $9.85M | Put options by funds: $15.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.2M |
| 2 |
BlackRock
New York
|
+$9.41M |
| 3 |
BC
BIT Capital
Berlin,
Germany
|
+$7.57M |
| 4 |
HCM
Harspring Capital Management
New York
|
+$7.48M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$6.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$13.2M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$11.4M |
| 3 |
Renaissance Technologies
New York
|
-$8.89M |
| 4 |
D.E. Shaw & Co
New York
|
-$6.45M |
| 5 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$6.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSA
201
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$329K | -13,300 | Closed |
|
|
VF
202
Virtu Financial
New York
| – | -$292K | -11,789 | Closed |
|
203
Squarepoint
New York
| – | -$285K | -11,508 | Closed |
|
|
SSA
204
Schonfeld Strategic Advisors
New York
| – | -$273K | -11,000 | Closed |
|
205
TD Asset Management
Toronto,
Ontario, Canada
| – | -$260K | -10,500 | Closed |
|
206
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$292K | -9,739 | Closed |
|
|
PI
207
PEAK6 Investments
Chicago,
Illinois
| – | -$170K | -5,671 | Closed |
|
208
Simplex Trading
Chicago,
Illinois
| – | -$148K | -4,951 | Closed |
|
|
FFG
209
Fortem Financial Group
Palm Desert,
California
| – | -$56K | -2,263 | Closed |
|
|
FC
210
FORA Capital
Miami,
Florida
| – | -$34K | -1,362 | Closed |
|
|
VCG
211
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$31K | -1,256 | Closed |
|
|
PWPS
212
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$3K | -118 | Closed |
|
ENVA Hedge Fund Activity: Q1 2021 in Review
190 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Enova International (ENVA) for Q1 2021, worth a combined $1.12B — up 40% from $798M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ENVA positions and 23 closed out — a net gain of 18 holders — while 56 added to existing stakes and 66 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $11.2M. The largest seller was Goldman Sachs, cutting an estimated $13.2M.
- 190 institutional investors held Enova International (ENVA) as of Q1 2021, up from 173 in Q4 2020.
- Funds reported $1.12B of Enova International stock for Q1 2021, up 40% quarter-over-quarter.
- 41 funds opened new Enova International positions in Q1 2021 and 23 closed out, a net change of +18 holders.
- The largest Enova International buyer in Q1 2021 was Wellington Management Group, an estimated $11.2M added.
- The largest Enova International seller in Q1 2021 was Goldman Sachs, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2021.