INNOVATE Corp
VATE
92 hedge funds and large institutions have $112M invested in INNOVATE Corp in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 35 reducing their positions, and 13 closing their positions.
33% more capital invested
Capital invested by funds: $84.6M → $112M (+$27.9M)
1% more funds holding
Funds holding: 91 → 92 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0.37% more ownership
Funds ownership: 3.39% → 3.76% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 35
34% less call options, than puts
Call options by funds: $593K | Put options by funds: $902K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
+$2.78M |
| 2 |
GJL
Gendell Jeffrey L
|
+$2.73M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.95M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.48M |
| 2 |
BlackRock
New York
|
-$1.23M |
| 3 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$1M |
| 4 |
CG
Caprock Group
Boise,
Idaho
|
-$541K |
| 5 |
Renaissance Technologies
New York
|
-$308K |
VATE Hedge Fund Activity: Q1 2021 in Review
92 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q1 2021, worth a combined $112M — up 33% from $84.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new VATE positions and 13 closed out — a net gain of 1 holder — while 27 added to existing stakes and 35 trimmed.
The largest buyer was Scoggin Management, opening a new position worth an estimated $2.78M. The largest seller was Acadian Asset Management, cutting an estimated $1.48M.
- 92 institutional investors held INNOVATE Corp (VATE) as of Q1 2021, up from 91 in Q4 2020.
- Funds reported $112M of INNOVATE Corp stock for Q1 2021, up 33% quarter-over-quarter.
- 14 funds opened new INNOVATE Corp positions in Q1 2021 and 13 closed out, a net change of +1 holder.
- The largest INNOVATE Corp buyer in Q1 2021 was Scoggin Management, an estimated $2.78M added.
- The largest INNOVATE Corp seller in Q1 2021 was Acadian Asset Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q1 2021.