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FNVTU

Finnovate Acquisition Corp. Units

Delisted

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.

New
Increased
Maintained
Reduced
Closed

24% less capital invested

Capital invested by funds: $21.9M → $16.6M (-$5.33M)

35% less funds holding

Funds holding: 1711 (-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

Holders
11
Holders Change
-6
Holders Change %
-35.29%
% of All Funds
0.18%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
1
Reduced
3
Closed
6
Calls
Puts
Net Calls
Net Calls Change

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.