INNOVATE Corp
VATE
79 hedge funds and large institutions have $127M invested in INNOVATE Corp in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 5 closing their positions.
13,350% more call options, than puts
Call options by funds: $269K | Put options by funds: $2K
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
30% more capital invested
Capital invested by funds: $97.7M → $127M (+$29.8M)
20% more funds holding
Funds holding: 66 → 79 (+13)
0.27% more ownership
Funds ownership: 6.4% → 6.67% (+0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.97M |
| 2 |
WIM
Wingspan Investment Management
New York
|
+$3.65M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$1.38M |
| 4 |
MC
Menta Capital
San Francisco,
California
|
+$892K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$825K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$11.7M |
| 2 |
DCM
DG Capital Management
New York
|
-$1.84M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$552K |
| 4 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
-$447K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$420K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCIM
76
TIAA CREF Investment Management
New York
| $1.17K | +$102K | +2,222 | +12% |
|
|
S
77
SignatureFD
Atlanta,
Georgia
| $1K | – | – | – |
|
|
JFA
78
JNBA Financial Advisors
Bloomington,
Minnesota
| $1K | +$783 | +17 | New |
|
79
VOYA Investment Management
Atlanta,
Georgia
| $85 | – | – | – |
|
|
RCM
80
Raging Capital Management
Rocky Hill,
New Jersey
| – | -$11.7M | -271,698 | Closed |
|
|
CG
81
Caprock Group
Boise,
Idaho
| – | -$86K | -2,000 | Closed |
|
82
Wolverine Trading
Chicago,
Illinois
| – | -$88.2K | -1,913 | Closed |
|
VATE Hedge Fund Activity: Q3 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q3 2016, worth a combined $127M — up 30% from $97.7M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new VATE positions and 5 closed out — a net gain of 13 holders — while 28 added to existing stakes and 13 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $3.97M. The largest seller was Raging Capital Management, exiting entirely with an estimated $11.7M sold.
- 79 institutional investors held INNOVATE Corp (VATE) as of Q3 2016, up from 66 in Q2 2016.
- Funds reported $127M of INNOVATE Corp stock for Q3 2016, up 30% quarter-over-quarter.
- 18 funds opened new INNOVATE Corp positions in Q3 2016 and 5 closed out, a net change of +13 holders.
- The largest INNOVATE Corp buyer in Q3 2016 was JP Morgan Chase, an estimated $3.97M added.
- The largest INNOVATE Corp seller in Q3 2016 was Raging Capital Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2016.