INNOVATE Corp
VATE
51 hedge funds and large institutions have $51.3M invested in INNOVATE Corp in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 16 closing their positions.
183% more capital invested
Capital invested by funds: $18.1M → $51.3M (+$33.2M)
0.21% more ownership
Funds ownership: 3.29% → 3.5% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 57 → 51 (-6)
20% less call options, than puts
Call options by funds: $36K | Put options by funds: $45K
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$5.74M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.94M |
| 3 |
Goldman Sachs
New York
|
+$3.08M |
| 4 |
AIP
ARS Investment Partners
New York
|
+$881K |
| 5 |
SCM
Stonehill Capital Management
New York
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Whitefort Capital Management
New York
|
-$2.83M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.11M |
| 3 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
-$700K |
| 4 |
SM
Scoggin Management
New York
|
-$396K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
51
Scoggin Management
New York
| – | -$396K | -56,560 | Closed |
|
|
FIA
52
FNY Investment Advisers
New York
| – | -$154K | -22,000 | Closed |
|
|
WA
53
Wealth Alliance
Mellville,
New York
| – | -$125K | -17,900 | Closed |
|
|
SC
54
Shay Capital
New York
| – | -$63K | -9,036 | Closed |
|
55
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$29K | -4,139 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$23K | -3,261 | Closed |
|
|
SOW
57
State of Wyoming
Cheyenne,
Wyoming
| – | -$15K | -2,190 | Closed |
|
58
Jane Street
New York
| – | -$15K | -2,082 | Closed |
|
59
Two Sigma Investments
New York
| – | -$14K | -2,059 | Closed |
|
|
LP
60
LMR Partners
London,
United Kingdom
| – | -$12K | -1,689 | Closed |
|
|
GI
61
GAMCO Investors
Greenwich,
Connecticut
| – | -$8K | -1,100 | Closed |
|
62
Simplex Trading
Chicago,
Illinois
| – | -$11.4K | -1,079 | Closed |
|
|
CAL
63
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$274 | +26 | New |
|
VATE Hedge Fund Activity: Q4 2022 in Review
51 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q4 2022, worth a combined $51.3M — up 183% from $18.1M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of VATE and 11 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $5.74M. The largest seller was Whitefort Capital Management, cutting an estimated $2.83M.
- 51 institutional investors held INNOVATE Corp (VATE) as of Q4 2022, down from 57 in Q3 2022.
- Funds reported $51.3M of INNOVATE Corp stock for Q4 2022, up 183% quarter-over-quarter.
- 11 funds opened new INNOVATE Corp positions in Q4 2022 and 16 closed out, a net change of -5 holders.
- The largest INNOVATE Corp buyer in Q4 2022 was Jefferies Financial Group, an estimated $5.74M added.
- The largest INNOVATE Corp seller in Q4 2022 was Whitefort Capital Management, an estimated $2.83M sold.
Based on aggregated 13F filings for Q4 2022.