Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
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.
6% more capital invested
Capital invested by funds: $122M → $129M (+$7.3M)
4% less funds holding
Funds holding: 56 → 54 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$7.24M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$5.13M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$4.98M |
| 4 |
Millennium Management
New York
|
+$2.8M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hartree Partners
New York
|
-$4.97M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.21M |
| 3 |
Goldman Sachs
New York
|
-$2.98M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2M |
| 5 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.99M |
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.