INNOVATE Corp
VATE
5 hedge funds and large institutions have $429K invested in INNOVATE Corp in 2013 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 57 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
92% less funds holding
Funds holding: 62 → 5 (-57)
98% less capital invested
Capital invested by funds: $23.7M → $429K (-$23.3M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$12.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archer Capital Management
New York
|
-$3.77M |
| 2 |
RCM
Raptor Capital Management
Boston,
Massachusetts
|
-$1.67M |
| 3 |
MWVC
Morgens Waterfall Vintiadis & Co
New York
|
-$1.63M |
| 4 |
TA
Teton Advisors
Rye,
New York
|
-$1.53M |
| 5 |
CAM
Chou Associates Management
Toronto,
Ontario, Canada
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
RhumbLine Advisers
Boston,
Massachusetts
| – | -$36K | -1,052 | Closed |
|
|
UAS
52
United Asset Strategies
Garden City,
New York
| – | -$34K | -1,000 | Closed |
|
|
AIG
53
American International Group
New York
| – | -$27.9K | -823 | Closed |
|
|
BG
54
BlackRock Group
London,
United Kingdom
| – | -$10K | -291 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$9K | -280 | Closed |
|
56
Citigroup
New York
| – | -$6K | -182 | Closed |
|
|
BJ
57
BlackRock Japan
Tokyo,
Japan
| – | -$5K | -157 | Closed |
|
|
U
58
UBS
Zurich,
Switzerland
| – | -$3K | -97 | Closed |
|
|
GI
59
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -57 | Closed |
|
60
BlackRock
New York
| – | -$1K | -36 | Closed |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -33 | Closed |
|
VATE Hedge Fund Activity: Q4 2013 in Review
5 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q4 2013, worth a combined $429K — down 98% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of VATE and 0 opened new positions — a net loss of 57 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $12.8K. The largest seller was Archer Capital Management, exiting entirely with an estimated $3.77M sold.
- 5 institutional investors held INNOVATE Corp (VATE) as of Q4 2013, down from 62 in Q3 2013.
- Funds reported $429K of INNOVATE Corp stock for Q4 2013, down 98% quarter-over-quarter.
- 0 funds opened new INNOVATE Corp positions in Q4 2013 and 57 closed out, a net change of -57 holders.
- The largest INNOVATE Corp buyer in Q4 2013 was Parametric Portfolio Associates, an estimated $12.8K added.
- The largest INNOVATE Corp seller in Q4 2013 was Archer Capital Management, an estimated $3.77M sold.
Based on aggregated 13F filings for Q4 2013.