INNOVATE Corp
VATE
61 hedge funds and large institutions have $20.1M invested in INNOVATE Corp in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 10 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
0.16% more ownership
Funds ownership: 3.46% → 3.62% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 62 → 61 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
40% less capital invested
Capital invested by funds: $33.7M → $20.1M (-$13.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Whitefort Capital Management
New York
|
+$794K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$301K |
| 3 |
Millennium Management
New York
|
+$126K |
| 4 |
CCC
Cable Car Capital
San Francisco,
California
|
+$116K |
| 5 |
SCM
Stonehill Capital Management
New York
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$406K |
| 2 |
Morgan Stanley
New York
|
-$190K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$102K |
| 4 |
Charles Schwab
San Francisco,
California
|
-$84.2K |
| 5 |
Jane Street
New York
|
-$65.3K |
VATE Hedge Fund Activity: Q1 2024 in Review
61 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q1 2024, worth a combined $20.1M — down 40% from $33.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of VATE and 9 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 22 added.
The largest buyer was Whitefort Capital Management, adding an estimated $794K. The largest seller was Bank of Montreal, exiting entirely with an estimated $406K sold.
- 61 institutional investors held INNOVATE Corp (VATE) as of Q1 2024, down from 62 in Q4 2023.
- Funds reported $20.1M of INNOVATE Corp stock for Q1 2024, down 40% quarter-over-quarter.
- 9 funds opened new INNOVATE Corp positions in Q1 2024 and 10 closed out, a net change of -1 holder.
- The largest INNOVATE Corp buyer in Q1 2024 was Whitefort Capital Management, an estimated $794K added.
- The largest INNOVATE Corp seller in Q1 2024 was Bank of Montreal, an estimated $406K sold.
Based on aggregated 13F filings for Q1 2024.