INNOVATE Corp
VATE
70 hedge funds and large institutions have $49.2M invested in INNOVATE Corp in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.12% less ownership
Funds ownership: 5.04% → 4.92% (-0.12%)
4% less funds holding
Funds holding: 73 → 70 (-3)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
11% less capital invested
Capital invested by funds: $55.5M → $49.2M (-$6.35M)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
88% less call options, than puts
Call options by funds: $3K | Put options by funds: $26K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$161K |
| 2 |
LCG
Luxor Capital Group
New York
|
+$154K |
| 3 |
BlackRock
New York
|
+$150K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$108K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
-$499K |
| 2 |
Millennium Management
New York
|
-$316K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$240K |
| 4 |
TA
Teton Advisors
Rye,
New York
|
-$187K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
D.E. Shaw & Co
New York
| – | -$26K | -1,091 | Closed |
|
|
CS
77
Credit Suisse
Zurich,
Switzerland
| – | -$25K | -1,065 | Closed |
|
78
Jane Street
New York
| – | -$25K | -1,049 | Closed |
|
79
Victory Capital Management
San Antonio,
Texas
| – | -$13K | -567 | Closed |
|
80
Citigroup
New York
| – | -$11K | -480 | Closed |
|
81
First Manhattan
New York
| – | -$4K | -200 | Closed |
|
82
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -150 | Closed |
|
|
BCA
83
Bray Capital Advisors
Naples,
Florida
| – | -$3K | -130 | Closed |
|
84
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$330 | +15 | New |
|
VATE Hedge Fund Activity: Q4 2019 in Review
70 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q4 2019, worth a combined $49.2M — down 11% from $55.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of VATE and 11 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Susquehanna International Group, adding an estimated $161K. The largest seller was VIEX Capital Advisors, exiting entirely with an estimated $499K sold.
- 70 institutional investors held INNOVATE Corp (VATE) as of Q4 2019, down from 73 in Q3 2019.
- Funds reported $49.2M of INNOVATE Corp stock for Q4 2019, down 11% quarter-over-quarter.
- 11 funds opened new INNOVATE Corp positions in Q4 2019 and 14 closed out, a net change of -3 holders.
- The largest INNOVATE Corp buyer in Q4 2019 was Susquehanna International Group, an estimated $161K added.
- The largest INNOVATE Corp seller in Q4 2019 was VIEX Capital Advisors, an estimated $499K sold.
Based on aggregated 13F filings for Q4 2019.