INNOVATE Corp
VATE
62 hedge funds and large institutions have $78.1M invested in INNOVATE Corp in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 4 closing their positions.
525% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 4
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
48% more funds holding
Funds holding: 42 → 62 (+20)
1% more capital invested
Capital invested by funds: $77.4M → $78.1M (+$659K)
0.45% more ownership
Funds ownership: 2.98% → 3.43% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.55M |
| 2 |
WIC
Water Island Capital
New York
|
+$2.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.01M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.59M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
DG Capital Management
New York
|
-$2.95M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$850K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$189K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$185K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$169K |
VATE Hedge Fund Activity: Q2 2015 in Review
62 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q2 2015, worth a combined $78.1M — up 0.85% from $77.4M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new VATE positions and 4 closed out — a net gain of 21 holders — while 16 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $5.55M. The largest seller was DG Capital Management, cutting an estimated $2.95M.
- 62 institutional investors held INNOVATE Corp (VATE) as of Q2 2015, up from 42 in Q1 2015.
- Funds reported $78.1M of INNOVATE Corp stock for Q2 2015, up 0.85% quarter-over-quarter.
- 25 funds opened new INNOVATE Corp positions in Q2 2015 and 4 closed out, a net change of +21 holders.
- The largest INNOVATE Corp buyer in Q2 2015 was BlackRock Fund Advisors, an estimated $5.55M added.
- The largest INNOVATE Corp seller in Q2 2015 was DG Capital Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q2 2015.