INNOVATE Corp
VATE
91 hedge funds and large institutions have $84.8M invested in INNOVATE Corp in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 11 reducing their positions, and 9 closing their positions.
473% more capital inflows, than outflows
Capital inflows: $24.8M | Capital outflows: $4.33M
433% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $295K
309% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 11
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
17% more funds holding
Funds holding: 78 → 91 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.66% less ownership
Funds ownership: 39.61% → 33.94% (-5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jefferies Group
New York
|
+$5.36M |
| 2 |
GJL
Gendell Jeffrey L
|
+$5.1M |
| 3 |
BlackRock
New York
|
+$3.16M |
| 4 |
Driehaus Capital Management
Chicago,
Illinois
|
+$1.81M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Financial Group
Cincinnati,
Ohio
|
-$1.95M |
| 2 |
Winton Group
London,
United Kingdom
|
-$489K |
| 3 |
Mittleman Investment Management
Melville,
New York
|
-$452K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$430K |
| 5 |
Yakira Capital Management
Westport,
Connecticut
|
-$242K |
VATE Hedge Fund Activity: Q4 2020 in Review
91 of the 5,679 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q4 2020, worth a combined $84.8M — up 86% from $45.5M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new VATE positions and 9 closed out — a net gain of 13 holders — while 45 added to existing stakes and 11 trimmed.
The largest buyer was Jefferies Group, adding an estimated $5.36M. The largest seller was American Financial Group, cutting an estimated $1.95M.
- 91 institutional investors held INNOVATE Corp (VATE) as of Q4 2020, up from 78 in Q3 2020.
- Funds reported $84.8M of INNOVATE Corp stock for Q4 2020, up 86% quarter-over-quarter.
- 22 funds opened new INNOVATE Corp positions in Q4 2020 and 9 closed out, a net change of +13 holders.
- The largest INNOVATE Corp buyer in Q4 2020 was Jefferies Group, an estimated $5.36M added.
- The largest INNOVATE Corp seller in Q4 2020 was American Financial Group, an estimated $1.95M sold.
Based on aggregated 13F filings for Q4 2020.