Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
FNVT was delisted on the 11th of November, 2024.
49 hedge funds and large institutions have $109M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.
767% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 3
88% more funds holding
Funds holding: 26 → 49 (+23)
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
73% more capital invested
Capital invested by funds: $63.2M → $109M (+$46.3M)
26.39% more ownership
Funds ownership: 36.79% → 63.17% (+26%)
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 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2M |
| 3 |
SC
Sculptor Capital
New York
|
-$1.98M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.77M |
| 5 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$202K |
FNVT Hedge Fund Activity: Q1 2022 in Review
49 of the 6,361 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 $109M — up 73% from $63.2M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FNVT positions and 3 closed out — a net gain of 23 holders — while 7 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.
- 49 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q1 2022, up from 26 in Q4 2021.
- Funds reported $109M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q1 2022, up 73% quarter-over-quarter.
- 26 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q1 2022 and 3 closed out, a net change of +23 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.