INNOVATE Corp
VATE
82 hedge funds and large institutions have $113M invested in INNOVATE Corp in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 36 reducing their positions, and 16 closing their positions.
0% less capital invested
Capital invested by funds: $113M → $113M (-$4.74K)
0.11% less ownership
Funds ownership: 3.76% → 3.66% (-0.11%)
11% less funds holding
Funds holding: 92 → 82 (-10)
25% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 36
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
65% less call options, than puts
Call options by funds: $391K | Put options by funds: $1.13M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.38M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.83M |
| 3 |
Two Sigma Advisers
New York
|
+$1.8M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$810K |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.49M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.02M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$884K |
| 4 |
BSP
Benefit Street Partners
New York
|
-$876K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$785K |
VATE Hedge Fund Activity: Q2 2021 in Review
82 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in INNOVATE Corp (VATE) for Q2 2021, worth a combined $113M — down 0% from $113M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of VATE and 6 opened new positions — a net loss of 10 holders — while 36 trimmed existing stakes and 27 added.
The largest buyer was Morgan Stanley, adding an estimated $2.38M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $4.49M sold.
- 82 institutional investors held INNOVATE Corp (VATE) as of Q2 2021, down from 92 in Q1 2021.
- Funds reported $113M of INNOVATE Corp stock for Q2 2021, down 0% quarter-over-quarter.
- 6 funds opened new INNOVATE Corp positions in Q2 2021 and 16 closed out, a net change of -10 holders.
- The largest INNOVATE Corp buyer in Q2 2021 was Morgan Stanley, an estimated $2.38M added.
- The largest INNOVATE Corp seller in Q2 2021 was Manulife (Manufacturers Life Insurance), an estimated $4.49M sold.
Based on aggregated 13F filings for Q2 2021.