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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
AQR Capital Management
51
AQR Capital Management
Connecticut
$179K
Citigroup
52
Citigroup
New York
$169K -$41.4K -666 -20%
Millennium Management
53
Millennium Management
New York
$158K -$249K -4,008 -61%
New York State Common Retirement Fund
54
New York State Common Retirement Fund
New York
$154K +$42.2K +680 +38%
Susquehanna International Group
55
Susquehanna International Group
Pennsylvania
$148K -$292K -4,709 -66%
GCP
56
GSA Capital Partners
United Kingdom
$146K +$147K +2,360 New
CG
57
Caprock Group
Idaho
$142K
State Board of Administration of Florida Retirement System
58
State Board of Administration of Florida Retirement System
Florida
$138K
CG
59
Cutler Group
California
$128K +$120K +1,925 +1,283%
AIG
60
American International Group
New York
$127K +$8.45K +136 +7%
Balyasny Asset Management
61
Balyasny Asset Management
Illinois
$113K +$113K +1,817 New
SG Americas Securities
62
SG Americas Securities
New York
$108K +$109K +1,748 New
Bank of America
63
Bank of America
North Carolina
$106K +$65.1K +1,048 +159%
Wolverine Trading
64
Wolverine Trading
Illinois
$105K +$107K +1,721 New
VOYA Investment Management
65
VOYA Investment Management
Georgia
$97K
Arrowstreet Capital
66
Arrowstreet Capital
Massachusetts
$96K +$96.9K +1,560 New
First Manhattan
67
First Manhattan
New York
$93K
PPSG
68
Princeton Portfolio Strategies Group
New Jersey
$81K +$80.7K +1,300 New
GC
69
Guggenheim Capital
Illinois
$81K +$81.5K +1,313 New
ST
70
Spot Trading
Illinois
$73K +$72.7K +1,171 New
VKH
71
Virtu KCG Holdings
New York
$70K -$79.4K -1,279 -53%
EWM
72
Endurance Wealth Management
Rhode Island
$62K
LPL Financial
73
LPL Financial
California
$61K
FPF
74
FNY Partners Fund
New York
$46K +$46.9K +755 New
AIM
75
Acrospire Investment Management
Illinois
$38K +$37.7K +607 New

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.