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INNOVATE Corp

73 hedge funds and large institutions have $55.5M invested in INNOVATE Corp in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.52% less ownership

Funds ownership: 5.56%5.04% (-0.52%)

7% less capital invested

Capital invested by funds: $60M → $55.5M (-$4.45M)

9% less funds holding

Funds holding: 8073 (-7)

41% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 27

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

99% less call options, than puts

Call options by funds: $2K | Put options by funds: $261K

Holders
73
Holders Change
-7
Holders Change %
-8.75%
% of All Funds
1.6%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
7
Increased
16
Reduced
27
Closed
13
Calls
$2K
Puts
$261K
Net Calls
-$259K
Net Calls Change
-$130K
Name Holding Trade Value Shares
Change
Change in
Stake
BRF
1
B. Riley Financial
California
$9.9M
JG
2
Jefferies Group
New York
$8.28M
MIM
3
Mittleman Investment Management
New York
$5.98M -$64.7K -2,978 -1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$3.46M +$354K +16,300 +12%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.72M +$15.2K +700 +0.6%
AFG
6
American Financial Group
Ohio
$2.37M
ES
7
Equitec Specialists
Illinois
$2.22M +$474K +21,849 +30%
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$2.08M
BlackRock
9
BlackRock
New York
$1.75M -$7.19K -331 -0.4%
TA
10
Teton Advisors
New York
$1.39M -$297K -13,655 -19%
Acadian Asset Management
11
Acadian Asset Management
Massachusetts
$1.36M +$148K +6,794 +13%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$1.09M +$54.4K +2,503 New
RAM
13
Roumell Asset Management
Maryland
$1.07M +$151K +6,935 +18%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$822K -$22.8K -1,050 -3%
Millennium Management
15
Millennium Management
New York
$762K -$344K -15,842 -33%
Invesco
16
Invesco
Georgia
$698K -$25.2K -1,162 -4%
WPP
17
Whalerock Point Partners
Rhode Island
$678K -$12.3K -568 -2%
BSP
18
Benefit Street Partners
New York
$666K
Geode Capital Management
19
Geode Capital Management
Massachusetts
$640K -$2.58K -119 -0.4%
DCM
20
Driehaus Capital Management
Illinois
$611K +$21.7K +1,000 +4%
GF
21
Gabelli Funds
New York
$529K -$72.7K -3,350 -13%
LCG
22
Luxor Capital Group
New York
$521K +$155K +7,116 +47%
VCA
23
VIEX Capital Advisors
Florida
$499K -$368K -16,954 -44%
AA
24
Ancora Advisors
Ohio
$477K +$869 +40 +0.2%
JP Morgan Chase
25
JP Morgan Chase
New York
$370K +$42.2K +1,942 +14%

VATE Hedge Fund Activity: Q3 2019 in Review

73 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q3 2019, worth a combined $55.5M — down 7.4% from $60M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of VATE and 7 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 16 added.

The largest buyer was Equitec Specialists, adding an estimated $474K. The largest seller was Raging Capital Management, exiting entirely with an estimated $2.06M sold.

  • 73 institutional investors held INNOVATE Corp (VATE) as of Q3 2019, down from 80 in Q2 2019.
  • Funds reported $55.5M of INNOVATE Corp stock for Q3 2019, down 7.4% quarter-over-quarter.
  • 7 funds opened new INNOVATE Corp positions in Q3 2019 and 13 closed out, a net change of -6 holders.
  • The largest INNOVATE Corp buyer in Q3 2019 was Equitec Specialists, an estimated $474K added.
  • The largest INNOVATE Corp seller in Q3 2019 was Raging Capital Management, an estimated $2.06M sold.

Based on aggregated 13F filings for Q3 2019.