INNOVATE Corp
VATE
92 hedge funds and large institutions have $69.6M invested in INNOVATE Corp in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 35 reducing their positions, and 14 closing their positions.
0.11% more ownership
Funds ownership: 6.2% → 6.31% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $73.3M → $69.6M (-$3.71M)
5% less funds holding
Funds holding: 97 → 92 (-5)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
34% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 35
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $53K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$1.72M |
| 2 |
JP Morgan Chase
New York
|
+$1.67M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$569K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$540K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$1.15M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$431K |
| 3 |
B
Bailard
Foster City,
California
|
-$408K |
| 4 |
Renaissance Technologies
New York
|
-$387K |
| 5 |
BlackRock
New York
|
-$363K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bayesian Capital Management
Brooklyn,
New York
| – | -$32K | -1,231 | Closed |
|
|
QSS
102
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$32K | -1,215 | Closed |
|
103
Jane Street
New York
| – | -$32K | -1,208 | Closed |
|
|
PP
104
Paloma Partners
Greenwich,
Connecticut
| – | -$31K | -1,190 | Closed |
|
|
PHK
105
Point72 Hong Kong
Hong Kong
| – | -$4K | -138 | Closed |
|
|
AG
106
Advisor Group
Phoenix,
Arizona
| – | -$2K | -80 | Closed |
|
VATE Hedge Fund Activity: Q1 2019 in Review
92 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q1 2019, worth a combined $69.6M — down 5.1% from $73.3M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of VATE and 10 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 23 added.
The largest buyer was Equitec Specialists, adding an estimated $1.72M. The largest seller was Marshall Wace, cutting an estimated $1.15M.
- 92 institutional investors held INNOVATE Corp (VATE) as of Q1 2019, down from 97 in Q4 2018.
- Funds reported $69.6M of INNOVATE Corp stock for Q1 2019, down 5.1% quarter-over-quarter.
- 10 funds opened new INNOVATE Corp positions in Q1 2019 and 14 closed out, a net change of -4 holders.
- The largest INNOVATE Corp buyer in Q1 2019 was Equitec Specialists, an estimated $1.72M added.
- The largest INNOVATE Corp seller in Q1 2019 was Marshall Wace, an estimated $1.15M sold.
Based on aggregated 13F filings for Q1 2019.