Finnovate Acquisition Corp. Units
FNVTU
FNVTU was delisted on the 8th of October, 2024.
20 hedge funds and large institutions have $32.3M invested in Finnovate Acquisition Corp. Units in 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 26 closing their positions.
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
57% less funds holding
Funds holding: 47 → 20 (-27)
64% less capital invested
Capital invested by funds: $89.3M → $32.3M (-$57M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$103K |
| 2 |
CM
Cohanzick Management
Pleasantville,
New York
|
+$4.03K |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$4.03K |
| 4 |
Walleye Capital
New York
|
+$614 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$5.17M |
| 2 |
LA
Linden Advisors
New York
|
-$4.3M |
| 3 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$4.05M |
| 4 |
CCM
Context Capital Management
Lajolla,
California
|
-$3.54M |
| 5 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.54M |
FNVTU Hedge Fund Activity: Q1 2022 in Review
20 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Units (FNVTU) for Q1 2022, worth a combined $32.3M — down 64% from $89.3M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FNVTU and 0 opened new positions — a net loss of 26 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, adding an estimated $103K. The largest seller was Periscope Capital, exiting entirely with an estimated $5.17M sold.
- 20 institutional investors held Finnovate Acquisition Corp. Units (FNVTU) as of Q1 2022, down from 47 in Q4 2021.
- Funds reported $32.3M of Finnovate Acquisition Corp. Units stock for Q1 2022, down 64% quarter-over-quarter.
- 0 funds opened new Finnovate Acquisition Corp. Units positions in Q1 2022 and 26 closed out, a net change of -26 holders.
- The largest Finnovate Acquisition Corp. Units buyer in Q1 2022 was Wolverine Asset Management, an estimated $103K added.
- The largest Finnovate Acquisition Corp. Units seller in Q1 2022 was Periscope Capital, an estimated $5.17M sold.
Based on aggregated 13F filings for Q1 2022.