Finnovate Acquisition Corp. Units
FNVTU
FNVTU was delisted on the 8th of October, 2024.
9 hedge funds and large institutions have $16.7M invested in Finnovate Acquisition Corp. Units in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
1% more capital invested
Capital invested by funds: $16.6M → $16.7M (+$160K)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
18% less funds holding
Funds holding: 11 → 9 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$31.6K |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$3.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$103K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$50.2K |
| 3 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$13.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIH
1
Meitav Investment House
Bene-Beraq,
Israel
| $14.7M | – | – | – |
|
|
SIA
2
Schechter Investment Advisors
Birmingham,
Michigan
| $730K | -$13.9K | -1,340 | -2% |
|
3
Walleye Capital
New York
| $530K | – | – | – |
|
|
LCM
4
Landscape Capital Management
Englewood,
New Jersey
| $297K | – | – | – |
|
5
Walleye Trading
New York
| $264K | – | – | – |
|
|
GCL
6
Glazer Capital LLC
New York
| $233K | +$3.23K | +311 | +1% |
|
|
CS
7
Clear Street
New York
| $31.9K | +$31.6K | +3,042 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $3K | – | – | – |
|
|
SC
9
Sculptor Capital
New York
| $41 | – | – | – |
|
|
SSA
10
Schonfeld Strategic Advisors
New York
| – | -$103K | -10,000 | Closed |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| – | -$50.2K | -4,892 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$7.3K | -711 | Closed |
|
FNVTU Hedge Fund Activity: Q1 2023 in Review
9 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Finnovate Acquisition Corp. Units (FNVTU) for Q1 2023, worth a combined $16.7M — up 0.96% from $16.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FNVTU and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $31.6K. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $103K sold.
- 9 institutional investors held Finnovate Acquisition Corp. Units (FNVTU) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $16.7M of Finnovate Acquisition Corp. Units stock for Q1 2023, up 0.96% quarter-over-quarter.
- 1 fund opened new Finnovate Acquisition Corp. Units positions in Q1 2023 and 3 closed out, a net change of -2 holders.
- The largest Finnovate Acquisition Corp. Units buyer in Q1 2023 was Clear Street, an estimated $31.6K added.
- The largest Finnovate Acquisition Corp. Units seller in Q1 2023 was Schonfeld Strategic Advisors, an estimated $103K sold.
Based on aggregated 13F filings for Q1 2023.