Finnovate Acquisition Corp. Class A Ordinary Shares
FNVT
FNVT was delisted on the 11th of November, 2024.
2 hedge funds and large institutions have $4.13M invested in Finnovate Acquisition Corp. Class A Ordinary Shares in 2024 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 10 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
80% less capital invested
Capital invested by funds: $20.3M → $4.13M (-$16.2M)
83% less funds holding
Funds holding: 12 → 2 (-10)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$3.62M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$3.12M |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$2.79M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.33M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSU
1
Mizuho Securities USA
New York
| $3.04M | +$1.46M | +125,575 | +92% |
|
|
KIM
2
Karpus Investment Management
Pittsford,
New York
| $1.08M | -$6.67K | -575 | -0.6% |
|
|
WRBC
3
W.R. Berkley Corp
Greenwich,
Connecticut
| – | -$3.62M | -313,249 | Closed |
|
|
CAC
4
Cowen and Company
New York
| – | -$3.57M | -308,973 | Closed |
|
|
MC
5
Meteora Capital
Boca Raton,
Florida
| – | -$3.12M | -270,000 | Closed |
|
|
GCL
6
Glazer Capital LLC
New York
| – | -$2.79M | -240,808 | Closed |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.33M | -201,210 | Closed |
|
|
UOC
8
UBS O'Connor
Chicago,
Illinois
| – | -$1.61M | -139,003 | Closed |
|
|
WAM
9
Warberg Asset Management
Winnetka,
Illinois
| – | -$503K | -43,458 | Closed |
|
|
CS
10
Clear Street
New York
| – | -$126K | -10,900 | Closed |
|
11
Morgan Stanley
New York
| – | -$3.17K | -274 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$2.77K | -239 | Closed |
|
FNVT Hedge Fund Activity: Q4 2024 in Review
2 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) for Q4 2024, worth a combined $4.13M — down 80% from $20.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FNVT and 0 opened new positions — a net loss of 10 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Mizuho Securities USA, adding an estimated $1.46M. The largest seller was W.R. Berkley Corp, exiting entirely with an estimated $3.62M sold.
- 2 institutional investors held Finnovate Acquisition Corp. Class A Ordinary Shares (FNVT) as of Q4 2024, down from 12 in Q3 2024.
- Funds reported $4.13M of Finnovate Acquisition Corp. Class A Ordinary Shares stock for Q4 2024, down 80% quarter-over-quarter.
- 0 funds opened new Finnovate Acquisition Corp. Class A Ordinary Shares positions in Q4 2024 and 10 closed out, a net change of -10 holders.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares buyer in Q4 2024 was Mizuho Securities USA, an estimated $1.46M added.
- The largest Finnovate Acquisition Corp. Class A Ordinary Shares seller in Q4 2024 was W.R. Berkley Corp, an estimated $3.62M sold.
Based on aggregated 13F filings for Q4 2024.