Finnovate Acquisition Corp. Units
FNVTU
FNVTU was delisted on the 8th of October, 2024.
17 hedge funds and large institutions have $21.9M invested in Finnovate Acquisition Corp. Units in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 4 closing their positions.
1% less capital invested
Capital invested by funds: $22.1M → $21.9M (-$154K)
6% less funds holding
Funds holding: 18 → 17 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$116K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$105K |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$5.03K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.01K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$502K |
| 2 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$150K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$34.2K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$33.7K |
| 5 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$33.7K |
FNVTU Hedge Fund Activity: Q3 2022 in Review
17 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Units (FNVTU) for Q3 2022, worth a combined $21.9M — down 0.7% from $22.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FNVTU and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $116K. The largest seller was Basso Capital Management, exiting entirely with an estimated $502K sold.
- 17 institutional investors held Finnovate Acquisition Corp. Units (FNVTU) as of Q3 2022, down from 18 in Q2 2022.
- Funds reported $21.9M of Finnovate Acquisition Corp. Units stock for Q3 2022, down 0.7% quarter-over-quarter.
- 3 funds opened new Finnovate Acquisition Corp. Units positions in Q3 2022 and 4 closed out, a net change of -1 holder.
- The largest Finnovate Acquisition Corp. Units buyer in Q3 2022 was Glazer Capital LLC, an estimated $116K added.
- The largest Finnovate Acquisition Corp. Units seller in Q3 2022 was Basso Capital Management, an estimated $502K sold.
Based on aggregated 13F filings for Q3 2022.