INNOVATE Corp
VATE
71 hedge funds and large institutions have $118M invested in INNOVATE Corp in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 12 closing their positions.
5% more capital invested
Capital invested by funds: $112M → $118M (+$5.78M)
0.21% more ownership
Funds ownership: 3.88% → 4.09% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 74 → 71 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
35% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 26
73% less call options, than puts
Call options by funds: $374K | Put options by funds: $1.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Whitefort Capital Management
New York
|
+$5.01M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$2.1M |
| 3 |
Goldman Sachs
New York
|
+$2.05M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.56M |
| 5 |
GJL
Gendell Jeffrey L
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$719K |
| 3 |
4CM
400 Capital Management
New York
|
-$661K |
| 4 |
Morgan Stanley
New York
|
-$527K |
| 5 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$513K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$231K | -6,230 | Closed |
|
77
VOYA Investment Management
Atlanta,
Georgia
| – | -$73K | -1,984 | Closed |
|
78
Squarepoint
New York
| – | -$68K | -1,836 | Closed |
|
79
Citadel Advisors
Miami,
Florida
| – | -$55.2K | -1,487 | Closed |
|
80
SG Americas Securities
New York
| – | -$47K | -1,273 | Closed |
|
81
ProShare Advisors
Bethesda,
Maryland
| – | -$38K | -1,035 | Closed |
|
82
Renaissance Technologies
New York
| – | -$38K | -1,029 | Closed |
|
83
Osaic Holdings
Scottsdale,
Arizona
| – | -$4K | -100 | Closed |
|
VATE Hedge Fund Activity: Q1 2022 in Review
71 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q1 2022, worth a combined $118M — up 5.2% from $112M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of VATE and 9 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 17 added.
The largest buyer was Whitefort Capital Management, adding an estimated $5.01M. The largest seller was Russell Investments Group, exiting entirely with an estimated $1.2M sold.
- 71 institutional investors held INNOVATE Corp (VATE) as of Q1 2022, down from 74 in Q4 2021.
- Funds reported $118M of INNOVATE Corp stock for Q1 2022, up 5.2% quarter-over-quarter.
- 9 funds opened new INNOVATE Corp positions in Q1 2022 and 12 closed out, a net change of -3 holders.
- The largest INNOVATE Corp buyer in Q1 2022 was Whitefort Capital Management, an estimated $5.01M added.
- The largest INNOVATE Corp seller in Q1 2022 was Russell Investments Group, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2022.