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

52 hedge funds and large institutions have $134M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2022 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $129M → $134M (+$4.21M)

4% less funds holding

Funds holding: 54 → 52 (-2)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

Holders
52
Holders Change
-2
Holders Change %
-3.7%
% of All Funds
0.84%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
6
Reduced
9
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AC
Aristeia Capital
Connecticut
+$3.21M
2
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$3.1M
3
Calamos Advisors
Calamos Advisors
Illinois
+$2.49M
4
RCM
Radcliffe Capital Management
Pennsylvania
+$1.93M
5
CCA
Castle Creek Arbitrage
Colorado
+$1.92M

Top Sellers

Rank Fund Capital Flow
1
CCM
Context Capital Management
California
-$3.53M
2
WAM
Weiss Asset Management
Massachusetts
-$2.58M
3
UOC
UBS O'Connor
Illinois
-$2.17M
4
KIM
Karpus Investment Management
New York
-$1.65M
5
HCM
Highbridge Capital Management
New York
-$1.54M
Name Holding Trade Value Shares
Change 		Change in
Stake
SCM
1
Saba Capital Management
New York
$13.5M – – –
CF
2
Cantor Fitzgerald
New York
$9.95M – – –
CSS
3
Cubist Systematic Strategies
Connecticut
$8.4M -$62.3K -6,131 -0.7%
Marshall Wace
4
Marshall Wace
United Kingdom
$7.65M – – –
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$6.81M – – –
SCM
6
Shaolin Capital Management
Florida
$6.52M +$1.41M +139,000 +28%
PC
7
Periscope Capital
Ontario, Canada
$5.25M +$287K +28,300 +6%
Millennium Management
8
Millennium Management
New York
$4.74M – – –
Barclays
9
Barclays
United Kingdom
$4.48M – – –
LA
10
Linden Advisors
New York
$4.37M – – –
KL
11
KIM LLC
Kansas
$4.11M – – –
HCM
12
Highbridge Capital Management
New York
$3.68M -$1.54M -151,975 -30%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$3.53M +$3.1M +305,578 +797%
TCA
14
Taconic Capital Advisors
New York
$3.28M – – –
AC
15
Aristeia Capital
Connecticut
$3.25M +$3.21M +316,494 New
PAMP
16
Polar Asset Management Partners
Ontario, Canada
$3.18M +$609K +60,000 +24%
Hudson Bay Capital Management
17
Hudson Bay Capital Management
Connecticut
$3.08M – – –
GCL
18
Glazer Capital LLC
New York
$3M +$441K +43,420 +17%
RCM
19
Radcliffe Capital Management
Pennsylvania
$2.97M +$1.93M +189,695 +190%
Capstone Investment Advisors
20
Capstone Investment Advisors
New York
$2.56M – – –
Calamos Advisors
21
Calamos Advisors
Illinois
$2.52M +$2.49M +244,983 New
MF
22
Magnetar Financial
Illinois
$2.29M – – –
OCM
23
Oaktree Capital Management
California
$2.26M – – –
Verition Fund Management
24
Verition Fund Management
Connecticut
$2.18M – – –
PMAM
25
Picton Mahoney Asset Management
Ontario, Canada
$2.05M – – –
1
2 3

FNVT Hedge Fund Activity: Q4 2022 in Review

52 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q4 2022, worth a combined $134M — up 3.3% from $129M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FNVT and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 6 added.

The largest buyer was Aristeia Capital, opening a new position worth an estimated $3.21M. The largest seller was Context Capital Management, exiting entirely with an estimated $3.53M sold.

  • 52 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q4 2022, down from 54 in Q3 2022.
  • Funds reported $134M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q4 2022, up 3.3% quarter-over-quarter.
  • 6 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q4 2022 and 8 closed out, a net change of -2 holders.
  • The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q4 2022 was Aristeia Capital, an estimated $3.21M added.
  • The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q4 2022 was Context Capital Management, an estimated $3.53M sold.

Based on aggregated 13F filings for Q4 2022.