Finnovate Acquisition Corp. Units
FNVTU
FNVTU was delisted on the 8th of October, 2024.
11 hedge funds and large institutions have $16.6M invested in Finnovate Acquisition Corp. Units in 2022 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 6 closing their positions.
24% less capital invested
Capital invested by funds: $21.9M → $16.6M (-$5.33M)
35% less funds holding
Funds holding: 17 → 11 (-6)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$2.48M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$1.91M |
| 3 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$941K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$163K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$105K |
FNVTU Hedge Fund Activity: Q4 2022 in Review
11 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Units (FNVTU) for Q4 2022, worth a combined $16.6M — down 24% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FNVTU and 0 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Glazer Capital LLC, adding an estimated $107K. The largest seller was Calamos Advisors, exiting entirely with an estimated $2.48M sold.
- 11 institutional investors held Finnovate Acquisition Corp. Units (FNVTU) as of Q4 2022, down from 17 in Q3 2022.
- Funds reported $16.6M of Finnovate Acquisition Corp. Units stock for Q4 2022, down 24% quarter-over-quarter.
- 0 funds opened new Finnovate Acquisition Corp. Units positions in Q4 2022 and 6 closed out, a net change of -6 holders.
- The largest Finnovate Acquisition Corp. Units buyer in Q4 2022 was Glazer Capital LLC, an estimated $107K added.
- The largest Finnovate Acquisition Corp. Units seller in Q4 2022 was Calamos Advisors, an estimated $2.48M sold.
Based on aggregated 13F filings for Q4 2022.