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INNOVATE Corp

73 hedge funds and large institutions have $55.5M invested in INNOVATE Corp in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.52% less ownership

Funds ownership: 5.56%5.04% (-0.52%)

7% less capital invested

Capital invested by funds: $60M → $55.5M (-$4.45M)

9% less funds holding

Funds holding: 8073 (-7)

41% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 27

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

99% less call options, than puts

Call options by funds: $2K | Put options by funds: $261K

Holders
73
Holders Change
-7
Holders Change %
-8.75%
% of All Funds
1.6%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
7
Increased
16
Reduced
27
Closed
13
Calls
$2K
Puts
$261K
Net Calls
-$259K
Net Calls Change
-$130K
Name Holding Trade Value Shares
Change
Change in
Stake
Creative Planning
51
Creative Planning
Kansas
$45K
SEI Investments
52
SEI Investments
Pennsylvania
$41K
LP
53
LMR Partners
United Kingdom
$32K
ARTA
54
A.R.T. Advisors
New York
$30K -$37.3K -1,719 -57%
Morgan Stanley
55
Morgan Stanley
New York
$30K -$27.2K -1,251 -49%
Citadel Advisors
56
Citadel Advisors
Florida
$28K -$261K -12,013 -91%
D.E. Shaw & Co
57
D.E. Shaw & Co
New York
$26K -$4.32K -199 -15%
Jane Street
58
Jane Street
New York
$25K -$375K -17,289 -94%
CS
59
Credit Suisse
Switzerland
$25K +$23.1K +1,065 New
BPWA
60
Beacon Pointe Wealth Advisors
California
$24K +$651 +30 +3%
Simplex Trading
61
Simplex Trading
Illinois
$24K +$18.1K +832 +391%
Bank of America
62
Bank of America
North Carolina
$21K -$68.5K -3,153 -78%
Victory Capital Management
63
Victory Capital Management
Texas
$13K +$12.3K +567 New
BNP Paribas Financial Markets
64
BNP Paribas Financial Markets
France
$12.2K
UBS Group
65
UBS Group
Switzerland
$12K -$434 -20 -4%
EWM
66
Endurance Wealth Management
Rhode Island
$12K
TRCT
67
Tower Research Capital (TRC)
New York
$12K +$4.54K +209 +70%
Citigroup
68
Citigroup
New York
$11K -$29.9K -1,375 -74%
CAPTRUST Financial Advisors
69
CAPTRUST Financial Advisors
North Carolina
$4K
First Manhattan
70
First Manhattan
New York
$4K
BCA
71
Bray Capital Advisors
Florida
$3K
Royal Bank of Canada
72
Royal Bank of Canada
Ontario, Canada
$3K +$2.67K +123 New
Fidelity Investments
73
Fidelity Investments
Massachusetts
$1K
RCM
74
Raging Capital Management
New Jersey
-$2.06M -87,122 Closed
Deutsche Bank
75
Deutsche Bank
Germany
-$248K -10,542 Closed

VATE Hedge Fund Activity: Q3 2019 in Review

73 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q3 2019, worth a combined $55.5M — down 7.4% from $60M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of VATE and 7 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 16 added.

The largest buyer was Equitec Specialists, adding an estimated $474K. The largest seller was Raging Capital Management, exiting entirely with an estimated $2.06M sold.

  • 73 institutional investors held INNOVATE Corp (VATE) as of Q3 2019, down from 80 in Q2 2019.
  • Funds reported $55.5M of INNOVATE Corp stock for Q3 2019, down 7.4% quarter-over-quarter.
  • 7 funds opened new INNOVATE Corp positions in Q3 2019 and 13 closed out, a net change of -6 holders.
  • The largest INNOVATE Corp buyer in Q3 2019 was Equitec Specialists, an estimated $474K added.
  • The largest INNOVATE Corp seller in Q3 2019 was Raging Capital Management, an estimated $2.06M sold.

Based on aggregated 13F filings for Q3 2019.