INNOVATE Corp
VATE
65 hedge funds and large institutions have $16.1M invested in INNOVATE Corp in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
7% more funds holding
Funds holding: 61 → 65 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.5% less ownership
Funds ownership: 3.62% → 3.12% (-0.5%)
20% less capital invested
Capital invested by funds: $20.1M → $16.1M (-$4M)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$1.03M |
| 2 |
Millennium Management
New York
|
+$342K |
| 3 |
GJL
Gendell Jeffrey L
|
+$185K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$113K |
| 5 |
CC
Centiva Capital
New York
|
+$93.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.85M |
| 2 |
WCM
Whitefort Capital Management
New York
|
-$463K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$348K |
| 4 |
State Street
Boston,
Massachusetts
|
-$335K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$97.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
76
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$2.66K | -379 | Closed |
|
|
AB
77
Amalgamated Bank
New York
| – | -$1K | -155 | Closed |
|
|
OPTFSNA
78
Old Point Trust & Financial Services N A
Newport News,
Virginia
| – | -$175 | -25 | Closed |
|
|
AWM
79
Avior Wealth Management
Omaha,
Nebraska
| – | -$4 | -1 | Closed |
|
80
Simplex Trading
Chicago,
Illinois
| – | +$66 | +10 | New |
|
VATE Hedge Fund Activity: Q2 2024 in Review
65 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q2 2024, worth a combined $16.1M — down 20% from $20.1M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new VATE positions and 16 closed out — a net gain of 4 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Jefferies Financial Group, adding an estimated $1.03M. The largest seller was BlackRock, cutting an estimated $1.85M.
- 65 institutional investors held INNOVATE Corp (VATE) as of Q2 2024, up from 61 in Q1 2024.
- Funds reported $16.1M of INNOVATE Corp stock for Q2 2024, down 20% quarter-over-quarter.
- 20 funds opened new INNOVATE Corp positions in Q2 2024 and 16 closed out, a net change of +4 holders.
- The largest INNOVATE Corp buyer in Q2 2024 was Jefferies Financial Group, an estimated $1.03M added.
- The largest INNOVATE Corp seller in Q2 2024 was BlackRock, an estimated $1.85M sold.
Based on aggregated 13F filings for Q2 2024.