We are live on ! Find out more
FNVT

Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT

Delisted

FNVT was delisted on the 11th of November, 2024.

Back to rankings

51 hedge funds and large institutions have $151M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $134M → $151M (+$17.7M)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

2% less funds holding

Funds holding: 52 → 51 (-1)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

Holders
51
Holders Change
-1
Holders Change %
-1.92%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
10
Reduced
11
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
WCMNY
Westchester Capital Management (New York)
New York
+$8.7M
2
WRBC
W.R. Berkley Corp
Connecticut
+$6.88M
3
MC
Meteora Capital
Florida
+$6.03M
4
FTCM
First Trust Capital Management
Illinois
+$5.18M
5
SCM
Shaolin Capital Management
Florida
+$5.09M

Top Sellers

Rank Fund Capital Flow
1
CSS
Cubist Systematic Strategies
Connecticut
-$8.4M
2
CF
Cantor Fitzgerald
New York
-$7.48M
3
Marshall Wace
Marshall Wace
United Kingdom
-$4.77M
4
Millennium Management
Millennium Management
New York
-$4.32M
5
HCM
Highbridge Capital Management
New York
-$3.68M
Name Holding Trade Value Shares
Change 		Change in
Stake
Verition Fund Management
26
Verition Fund Management
Connecticut
$2.22M – – –
PMAM
27
Picton Mahoney Asset Management
Ontario, Canada
$2.09M – – –
CCA
28
Castle Creek Arbitrage
Colorado
$1.97M – – –
Citigroup
29
Citigroup
New York
$1.66M -$203K -19,599 -11%
Tudor Investment Corp
30
Tudor Investment Corp
Connecticut
$1.56M – – –
CH
31
CVI Holdings
Delaware
$1.49M -$122K -11,804 -8%
KIM
32
Karpus Investment Management
New York
$1.43M -$13.5K -1,300 -0.9%
RCM
33
Rivernorth Capital Management
Florida
$1.3M – – –
AC
34
Ayrton Capital
Connecticut
$1.04M – – –
LCM
35
Lynwood Capital Management
Ontario, Canada
$887K -$207K -20,000 -19%
SCM
36
Segantii Capital Management
Hong Kong
$784K – – –
WA
37
Whitebox Advisors
Minnesota
$626K – – –
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$474K -$10.4K -1,004 -2%
Millennium Management
39
Millennium Management
New York
$469K -$4.32M -416,679 -90%
LCM
40
Landscape Capital Management
New Jersey
$337K – – –
SSA
41
Schonfeld Strategic Advisors
New York
$228K +$104K +10,000 +84%
AA
42
AQR Arbitrage
Connecticut
$199K -$79.7K -7,694 -29%
CM
43
Cohanzick Management
New York
$176K – – –
SIA
44
Schechter Investment Advisors
Michigan
$155K – – –
VF
45
Virtu Financial
New York
$149K +$148K +14,307 New
Susquehanna International Group
46
Susquehanna International Group
Pennsylvania
$123K -$74.6K -7,200 -38%
Geode Capital Management
47
Geode Capital Management
Massachusetts
$106K – – –
Blackstone Inc
48
Blackstone Inc
New York
$69.9K +$69.4K +6,701 New
RCM
49
Robinson Capital Management
Michigan
$36.9K – – –
DFCM
50
Dark Forest Capital Management
Puerto Rico
$27.2K – – –
1
2
3

FNVT Hedge Fund Activity: Q1 2023 in Review

51 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q1 2023, worth a combined $151M — up 13% from $134M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FNVT and 7 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 10 added.

The largest buyer was Westchester Capital Management (New York), adding an estimated $8.7M. The largest seller was Cubist Systematic Strategies, exiting entirely with an estimated $8.4M sold.

  • 51 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q1 2023, down from 52 in Q4 2022.
  • Funds reported $151M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q1 2023, up 13% quarter-over-quarter.
  • 7 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q1 2023 and 8 closed out, a net change of -1 holder.
  • The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q1 2023 was Westchester Capital Management (New York), an estimated $8.7M added.
  • The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q1 2023 was Cubist Systematic Strategies, an estimated $8.4M sold.

Based on aggregated 13F filings for Q1 2023.