Finnovate Acquisition Corp. Units
FNVTU
FNVTU was delisted on the 8th of October, 2024.
18 hedge funds and large institutions have $22.1M invested in Finnovate Acquisition Corp. Units in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
10% less funds holding
Funds holding: 20 → 18 (-2)
32% less capital invested
Capital invested by funds: $32.3M → $22.1M (-$10.2M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$47.2K |
| 2 |
CS
Clear Street
New York
|
+$10.6K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$8.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.02M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.76M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$674K |
| 4 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$453K |
| 5 |
CM
Cohanzick Management
Pleasantville,
New York
|
-$177K |
FNVTU Hedge Fund Activity: Q2 2022 in Review
18 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Units (FNVTU) for Q2 2022, worth a combined $22.1M — down 32% from $32.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FNVTU and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Asset Management, adding an estimated $47.2K. The largest seller was Mangrove Partners, exiting entirely with an estimated $4.02M sold.
- 18 institutional investors held Finnovate Acquisition Corp. Units (FNVTU) as of Q2 2022, down from 20 in Q1 2022.
- Funds reported $22.1M of Finnovate Acquisition Corp. Units stock for Q2 2022, down 32% quarter-over-quarter.
- 1 fund opened new Finnovate Acquisition Corp. Units positions in Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest Finnovate Acquisition Corp. Units buyer in Q2 2022 was Wolverine Asset Management, an estimated $47.2K added.
- The largest Finnovate Acquisition Corp. Units seller in Q2 2022 was Mangrove Partners, an estimated $4.02M sold.
Based on aggregated 13F filings for Q2 2022.