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INNOVATE Corp

84 hedge funds and large institutions have $156M invested in INNOVATE Corp in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

9% more capital invested

Capital invested by funds: $143M → $156M (+$13.3M)

1% more funds holding

Funds holding: 8384 (+1)

4% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 26

0.25% more ownership

Funds ownership: 5.76%6.01% (+0.25%)

87% less call options, than puts

Call options by funds: $111K | Put options by funds: $884K

Holders
84
Holders Change
+1
Holders Change %
+1.2%
% of All Funds
2.09%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.15%
New
14
Increased
27
Reduced
26
Closed
9
Calls
$111K
Puts
$884K
Net Calls
-$773K
Net Calls Change
-$627K
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$1.56M +$219K +3,529 +16%
NFA
27
Nationwide Fund Advisors
Ohio
$1.24M -$12.7K -204 -1%
Renaissance Technologies
28
Renaissance Technologies
New York
$1.22M +$451K +7,260 +59%
RCM
29
Raging Capital Management
New Jersey
$1.16M +$1.16M +18,664 New
TC
30
TFS Capital
Pennsylvania
$1.05M +$915K +14,733 +672%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$911K -$49.6K -798 -5%
Invesco
32
Invesco
Georgia
$908K +$834K +13,438 +1,112%
DCM
33
Driehaus Capital Management
Illinois
$886K +$594K +9,572 +203%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$870K
ARTA
35
A.R.T. Advisors
New York
$601K +$262K +4,223 +77%
OAM
36
Oxford Asset Management
United Kingdom
$479K -$34.8K -561 -7%
Citadel Advisors
37
Citadel Advisors
Florida
$440K +$13.4K +216 +3%
California State Teachers Retirement System (CalSTRS)
38
California State Teachers Retirement System (CalSTRS)
California
$417K -$9.31K -150 -2%
TA
39
Teachers Advisors
New York
$413K -$145K -2,334 -26%
CCMH
40
Cornerstone Capital Management Holdings
New York
$361K -$762K -12,267 -68%
Deutsche Bank
41
Deutsche Bank
Germany
$351K +$95.6K +1,540 +37%
Charles Schwab
42
Charles Schwab
California
$323K
UBS Group
43
UBS Group
Switzerland
$293K -$11.9K -191 -4%
BCA
44
Benchmark Capital Advisors
New York
$248K +$31K +500 +14%
GCIA
45
Gabelli & Co Investment Advisers
New York
$230K
EPM
46
Equitec Proprietary Markets
Illinois
$208K -$894K -14,395 -81%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$205K +$13.4K +216 +7%
Wells Fargo
48
Wells Fargo
California
$203K +$85.7K +1,380 +73%
PPA
49
Parametric Portfolio Associates
Washington
$189K +$115K +1,846 +154%
Goldman Sachs
50
Goldman Sachs
New York
$181K +$12K +193 +7%

VATE Hedge Fund Activity: Q1 2017 in Review

84 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q1 2017, worth a combined $156M — up 9.3% from $143M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new VATE positions and 9 closed out — a net gain of 5 holders — while 27 added to existing stakes and 26 trimmed.

The largest buyer was BlackRock, adding an estimated $10.9M. The largest seller was Equitec Proprietary Markets, cutting an estimated $894K.

  • 84 institutional investors held INNOVATE Corp (VATE) as of Q1 2017, up from 83 in Q4 2016.
  • Funds reported $156M of INNOVATE Corp stock for Q1 2017, up 9.3% quarter-over-quarter.
  • 14 funds opened new INNOVATE Corp positions in Q1 2017 and 9 closed out, a net change of +5 holders.
  • The largest INNOVATE Corp buyer in Q1 2017 was BlackRock, an estimated $10.9M added.
  • The largest INNOVATE Corp seller in Q1 2017 was Equitec Proprietary Markets, an estimated $894K sold.

Based on aggregated 13F filings for Q1 2017.