INNOVATE Corp
VATE
67 hedge funds and large institutions have $48.2M invested in INNOVATE Corp in 2022 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 23 closing their positions.
0.53% less ownership
Funds ownership: 4.09% → 3.56% (-0.53%)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
6% less funds holding
Funds holding: 71 → 67 (-4)
48% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 21
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
59% less capital invested
Capital invested by funds: $118M → $48.2M (-$69.3M)
89% less call options, than puts
Call options by funds: $52K | Put options by funds: $492K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Whitefort Capital Management
New York
|
+$3.46M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$1.46M |
| 3 |
Millennium Management
New York
|
+$711K |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$589K |
| 5 |
E
Ergoteles
New York
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.18M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.87M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.58M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.23M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.06M |
VATE Hedge Fund Activity: Q2 2022 in Review
67 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q2 2022, worth a combined $48.2M — down 59% from $118M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of VATE and 21 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 11 added.
The largest buyer was Whitefort Capital Management, adding an estimated $3.46M. The largest seller was BlackRock, cutting an estimated $6.18M.
- 67 institutional investors held INNOVATE Corp (VATE) as of Q2 2022, down from 71 in Q1 2022.
- Funds reported $48.2M of INNOVATE Corp stock for Q2 2022, down 59% quarter-over-quarter.
- 21 funds opened new INNOVATE Corp positions in Q2 2022 and 23 closed out, a net change of -2 holders.
- The largest INNOVATE Corp buyer in Q2 2022 was Whitefort Capital Management, an estimated $3.46M added.
- The largest INNOVATE Corp seller in Q2 2022 was BlackRock, an estimated $6.18M sold.
Based on aggregated 13F filings for Q2 2022.