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FNVT

Finnovate Acquisition Corp. Class A Ordinary Shares

Delisted

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

54 hedge funds and large institutions have $129M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $122M → $129M (+$7.3M)

4% less funds holding

Funds holding: 5654 (-2)

10% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 10

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
54
Holders Change
-2
Holders Change %
-3.57%
% of All Funds
0.93%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
9
Reduced
10
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$13.3M
CF
2
Cantor Fitzgerald
New York
$9.79M +$7.24M +721,843 +291%
CSS
3
Cubist Systematic Strategies
Connecticut
$8.32M -$1.78K -177 -0%
Marshall Wace
4
Marshall Wace
United Kingdom
$7.52M +$995K +99,240 +15%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$6.7M
HCM
6
Highbridge Capital Management
New York
$5.16M +$5.13M +511,436 New
SCM
7
Shaolin Capital Management
Florida
$5.01M +$4.98M +496,524 New
PC
8
Periscope Capital
Ontario, Canada
$4.88M -$267K -26,659 -5%
Millennium Management
9
Millennium Management
New York
$4.66M +$2.8M +279,350 +153%
Barclays
10
Barclays
United Kingdom
$4.41M
LA
11
Linden Advisors
New York
$4.29M
KL
12
KIM LLC
Kansas
$4.04M
WAM
13
Weiss Asset Management
Massachusetts
$3.78M
CCM
14
Context Capital Management
California
$3.53M
TCA
15
Taconic Capital Advisors
New York
$3.23M
KIM
16
Karpus Investment Management
New York
$3.04M -$784K -78,200 -21%
Hudson Bay Capital Management
17
Hudson Bay Capital Management
Connecticut
$3.03M
Capstone Investment Advisors
18
Capstone Investment Advisors
New York
$2.52M
PAMP
19
Polar Asset Management Partners
Ontario, Canada
$2.52M +$2.51M +250,000 New
GCL
20
Glazer Capital LLC
New York
$2.51M +$46.4K +4,622 +2%
MF
21
Magnetar Financial
Illinois
$2.25M +$1.46M +146,000 +190%
OCM
22
Oaktree Capital Management
California
$2.22M
UOC
23
UBS O'Connor
Illinois
$2.17M -$216K -21,499 -9%
Verition Fund Management
24
Verition Fund Management
Connecticut
$2.15M
PMAM
25
Picton Mahoney Asset Management
Ontario, Canada
$2.02M

FNVT Hedge Fund Activity: Q3 2022 in Review

54 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q3 2022, worth a combined $129M — up 6% from $122M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FNVT and 7 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.

The largest buyer was Cantor Fitzgerald, adding an estimated $7.24M. The largest seller was Hartree Partners, exiting entirely with an estimated $4.97M sold.

  • 54 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q3 2022, down from 56 in Q2 2022.
  • Funds reported $129M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q3 2022, up 6% quarter-over-quarter.
  • 7 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q3 2022 and 9 closed out, a net change of -2 holders.
  • The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q3 2022 was Cantor Fitzgerald, an estimated $7.24M added.
  • The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q3 2022 was Hartree Partners, an estimated $4.97M sold.

Based on aggregated 13F filings for Q3 2022.