INNOVATE Corp
VATE
71 hedge funds and large institutions have $78.9M invested in INNOVATE Corp in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 8 closing their positions.
923% more call options, than puts
Call options by funds: $2.35M | Put options by funds: $230K
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
54% more capital invested
Capital invested by funds: $51.3M → $78.9M (+$27.7M)
39% more funds holding
Funds holding: 51 → 71 (+20)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.13% less ownership
Funds ownership: 3.5% → 3.37% (-0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 2 |
Jane Street
New York
|
+$917K |
| 3 |
Millennium Management
New York
|
+$513K |
| 4 |
Citigroup
New York
|
+$381K |
| 5 |
WA
Wealth Alliance
Mellville,
New York
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$5.05M |
| 2 |
AIP
ARS Investment Partners
New York
|
-$618K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$551K |
| 4 |
BL
Bleichroeder LP
New York
|
-$514K |
| 5 |
WCM
Whitefort Capital Management
New York
|
-$324K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
76
Clearline Capital
New York
| – | -$147K | -7,876 | Closed |
|
|
E
77
Ergoteles
New York
| – | -$132K | -7,044 | Closed |
|
78
Group One Trading
Chicago,
Illinois
| – | -$32K | -1,095 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$8K | -436 | Closed |
|
VATE Hedge Fund Activity: Q1 2023 in Review
71 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q1 2023, worth a combined $78.9M — up 54% from $51.3M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new VATE positions and 8 closed out — a net gain of 20 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.08M. The largest seller was B. Riley Financial, cutting an estimated $5.05M.
- 71 institutional investors held INNOVATE Corp (VATE) as of Q1 2023, up from 51 in Q4 2022.
- Funds reported $78.9M of INNOVATE Corp stock for Q1 2023, up 54% quarter-over-quarter.
- 28 funds opened new INNOVATE Corp positions in Q1 2023 and 8 closed out, a net change of +20 holders.
- The largest INNOVATE Corp buyer in Q1 2023 was Susquehanna International Group, an estimated $1.08M added.
- The largest INNOVATE Corp seller in Q1 2023 was B. Riley Financial, an estimated $5.05M sold.
Based on aggregated 13F filings for Q1 2023.