Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
FNVT was delisted on the 11th of November, 2024.
56 hedge funds and large institutions have $122M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
17% more funds holding
Funds holding: 48 → 56 (+8)
14% more capital invested
Capital invested by funds: $107M → $122M (+$15.1M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$4.21M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.79M |
| 3 |
CF
Cantor Fitzgerald
New York
|
+$2.47M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$2.43M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$2.48M |
| 2 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$1.45M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$758K |
| 4 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$509K |
| 5 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
51
Schonfeld Strategic Advisors
New York
| $118K | +$118K | +11,830 | New |
|
|
DFCM
52
Dark Forest Capital Management
San Juan,
Puerto Rico
| $74K | – | – | – |
|
53
UBS Group
Zurich,
Switzerland
| $22K | +$14.9K | +1,500 | +200% |
|
|
RCM
54
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| $18K | +$17.6K | +1,770 | New |
|
|
MF
55
Magnetar Financial
Evanston,
Illinois
| $764 | +$764K | +76,837 | New |
|
|
SCM
56
Segantii Capital Management
Hong Kong
| $746 | – | – | – |
|
|
SCC
57
Spring Creek Capital
Wichita,
Kansas
| – | -$3.96M | -400,000 | Closed |
|
|
SCM
58
Shaolin Capital Management
Miami,
Florida
| – | -$2.48M | -250,000 | Closed |
|
|
BCM
59
Beryl Capital Management
Redondo Beach,
California
| – | -$1.45M | -145,952 | Closed |
|
|
60
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$758K | -76,000 | Closed |
|
FNVT Hedge Fund Activity: Q2 2022 in Review
56 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q2 2022, worth a combined $122M — up 14% from $107M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FNVT positions and 4 closed out — a net gain of 8 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $4.21M. The largest seller was Shaolin Capital Management, exiting entirely with an estimated $2.48M sold.
- 56 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q2 2022, up from 48 in Q1 2022.
- Funds reported $122M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q2 2022, up 14% quarter-over-quarter.
- 12 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q2 2022 and 4 closed out, a net change of +8 holders.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q2 2022 was Mangrove Partners, an estimated $4.21M added.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q2 2022 was Shaolin Capital Management, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2022.