Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
FNVT was delisted on the 11th of November, 2024.
48 hedge funds and large institutions have $107M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
550% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 4
85% more funds holding
Funds holding: 26 → 48 (+22)
69% more capital invested
Capital invested by funds: $63.2M → $107M (+$43.9M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$5.05M |
| 2 |
Barclays
London,
United Kingdom
|
+$4.32M |
| 3 |
LA
Linden Advisors
New York
|
+$4.2M |
| 4 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
+$3.96M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.95M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$2.29M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2M |
| 4 |
SC
Sculptor Capital
New York
|
-$1.98M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.77M |
FNVT Hedge Fund Activity: Q1 2022 in Review
48 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q1 2022, worth a combined $107M — up 69% from $63.2M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FNVT positions and 4 closed out — a net gain of 22 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Periscope Capital, opening a new position worth an estimated $5.05M. The largest seller was AQR Arbitrage, cutting an estimated $2.95M.
- 48 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q1 2022, up from 26 in Q4 2021.
- Funds reported $107M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q1 2022, up 69% quarter-over-quarter.
- 26 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q1 2022 and 4 closed out, a net change of +22 holders.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q1 2022 was Periscope Capital, an estimated $5.05M added.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q1 2022 was AQR Arbitrage, an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2022.