INNOVATE Corp

VATE

Market cap $76.4M

#	Name	Holding	Trade Value	Shares Change	Change in Stake
1	1 Archer Capital Management New York	$13.3M	+$13.2M	+111,185	New
2	2 Raptor Capital Management Boston, Massachusetts	$10.8M	+$10.7M	+90,475	New
3	3 Morgens Waterfall Vintiadis & Co New York	$5.73M	+$5.7M	+48,000	New
4	4 Chou Associates Management Toronto, Ontario, Canada	$5.38M	+$5.36M	+45,102	New
5	5 Sandler Capital Management New York	$4.06M	+$4.04M	+34,000	New
6	6 BlackRock Fund Advisors San Francisco, California	$3.68M	+$3.66M	+30,859	New
7	7 Dimensional Fund Advisors Austin, Texas	$2.84M	+$2.82M	+23,762	New
8	8 Vanguard Group Malvern, Pennsylvania	$2.47M	+$2.46M	+20,674	New
9	9 Morgan Stanley New York	$2.06M	+$2.05M	+17,233	New
10	10 Northern Trust Chicago, Illinois	$1.96M	+$1.95M	+16,452	New
11	11 BlackRock Institutional Trust San Francisco, California	$1.95M	+$1.94M	+16,312	New
12	12 State Street Boston, Massachusetts	$1.94M	+$1.93M	+16,213	New
13	13 Central Securities New York	$1.74M	+$1.73M	+14,543	New
14	14 Millennium Management New York	$1.43M	+$1.43M	+12,000	New
15	15 Nomura Holdings Tokyo, Japan	$1.43M	+$1.42M	+11,979	New
16	16 Greywolf Capital Management Purchase, New York	$1.35M	+$1.35M	+11,338	New
17	17 Visium Asset Management New York	$997K	+$991K	+8,343	New
18	18 Bridgeway Capital Management Houston, Texas	$997K	+$992K	+8,350	New
19	19 Teton Advisors Rye, New York	$976K	+$970K	+8,172	New
20	20 TIAA CREF Investment Management New York	$834K	+$829K	+6,981	New
21	21 Whitebox Advisors Minneapolis, Minnesota	$822K	+$818K	+6,887	New
22	22 Gabelli & Co Investment Advisers Rye, New York	$673K	+$669K	+5,635	New
23	23 California Public Employees Retirement System Sacramento, California	$669K	+$666K	+5,607	New
24	24 GAMCO Investors Greenwich, Connecticut	$597K	+$594K	+5,000	New
25	25 Wolverine Asset Management Chicago, Illinois	$597K	+$594K	+5,000	New

INNOVATE Corp VATE Market cap $76.4M

INNOVATE Corp

VATE

Market cap $76.4M