INNOVATE Corp
VATE
84 hedge funds and large institutions have $155M invested in INNOVATE Corp in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 20 reducing their positions, and 11 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 20
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0.24% more ownership
Funds ownership: 6.01% → 6.25% (+0.24%)
0% more funds holding
Funds holding: 84 → 84 (0)
1% less capital invested
Capital invested by funds: $156M → $155M (-$1.2M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
87% less call options, than puts
Call options by funds: $108K | Put options by funds: $859K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$4.4M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.73M |
| 3 |
Renaissance Technologies
New York
|
+$1.59M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.22M |
| 5 |
BlackRock
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$2.62M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.33M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$1.16M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$471K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$328K |
VATE Hedge Fund Activity: Q2 2017 in Review
84 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q2 2017, worth a combined $155M — down 0.77% from $156M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new VATE positions and 11 closed out — a net gain of 1 holder — while 42 added to existing stakes and 20 trimmed.
The largest buyer was B. Riley Financial, adding an estimated $4.4M. The largest seller was Nomura Holdings, exiting entirely with an estimated $2.62M sold.
- 84 institutional investors held INNOVATE Corp (VATE) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $155M of INNOVATE Corp stock for Q2 2017, down 0.77% quarter-over-quarter.
- 12 funds opened new INNOVATE Corp positions in Q2 2017 and 11 closed out, a net change of +1 holder.
- The largest INNOVATE Corp buyer in Q2 2017 was B. Riley Financial, an estimated $4.4M added.
- The largest INNOVATE Corp seller in Q2 2017 was Nomura Holdings, an estimated $2.62M sold.
Based on aggregated 13F filings for Q2 2017.