Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
FNVT was delisted on the 11th of November, 2024.
15 hedge funds and large institutions have $24.6M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
47% less capital invested
Capital invested by funds: $46.9M → $24.6M (-$22.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Exos Asset Management
New York
|
+$2.26M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$1.31M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$1.05M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$436K |
| 5 |
CS
Clear Street
New York
|
+$49.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$7.28M |
| 2 |
CAC
Cowen and Company
New York
|
-$5.02M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.01M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$3.7M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$3.56M |
FNVT Hedge Fund Activity: Q2 2024 in Review
15 of the 6,927 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q2 2024, worth a combined $24.6M — down 47% from $46.9M a quarter earlier.
Fund positioning in FNVT was balanced in Q2 2024: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 5 trimmed.
The largest buyer was Exos Asset Management, opening a new position worth an estimated $2.26M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $7.28M sold.
- 15 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $24.6M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q2 2024, down 47% quarter-over-quarter.
- 3 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q2 2024 and 3 closed out, a net change of 0 holders.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q2 2024 was Exos Asset Management, an estimated $2.26M added.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q2 2024 was Mizuho Securities USA, an estimated $7.28M sold.
Based on aggregated 13F filings for Q2 2024.