Finnovate Acquisition Ownership 2024 | Who Owns Finnovate Acquisition Now?


OverviewFinancialsChart

Institutional Ownership

23.87%

Insider Ownership

64.26%

Retail Ownership

11.87%

Institutional Holders

15.00

Finnovate Acquisition Institutional Shareholders


Institutional Shareholders by % of Total Shares

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
FIRST TRUST CAPITAL MANAGEMENT L.P.4.52%0.43%410,45592,89729.25%4,699,710Jun 30, 2024
BERKLEY W R CORP3.45%0.15%313,249-354,518-53.09%3,552,244Jun 30, 2024
METEORA CAPITAL, LLC3.38%0.64%306,976115,85460.62%3,478,038Jun 30, 2024
GLAZER CAPITAL, LLC2.68%0.21%243,949-327,596-57.32%2,764,000Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC2.32%0.03%210,76238,50922.36%2,390,041Jun 30, 2024
EXOS ASSET MANAGEMENT LLC2.20%2.60%200,000200,000100.00%2,266,000,000Jun 30, 2024
UBS OCONNOR LLC1.58%0.10%143,494--1,627,222Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC1.48%0.06%134,896-314,759-70.00%1,529,721Jun 30, 2024
KARPUS MANAGEMENT, INC.1.04%0.03%94,275-13,925-12.87%1,068,136Jun 30, 2024
WALLEYE CAPITAL LLC0.50%0.00%45,660--522,807Jun 30, 2024
COWEN AND COMPANY, LLC0.39%0.01%35,005-444,157-92.69%400,807Jun 30, 2024
WALLEYE TRADING LLC0.28%0.00%25,200--288,540Jun 30, 2024
CLEAR STREET LLC0.05%0.00%4,4004,400100.00%50,000Jun 30, 2024
MORGAN STANLEY0.00%-274274100.00%3,104Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)0.00%-2599356.02%2,949Jun 30, 2024
K2 PRINCIPAL FUND, L.P.----200,000-100.00%-Jun 30, 2024
MIZUHO SECURITIES USA LLC----651,308-100.00%-Jun 30, 2024
PERISCOPE CAPITAL INC.----150,000-100.00%-Jun 30, 2024

Finnovate Acquisition's largest institutional shareholder is FIRST TRUST CAPITAL MANAGEMENT L.P., holding 4.52% of the company's total share outstanding, currently valued at $4.70M. The top 10 institutional shareholders own together 23.15% of the company.

Institutional Shareholders by % of Total Assets

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
EXOS ASSET MANAGEMENT LLC2.20%2.60%200,000200,000100.00%2,266,000,000Jun 30, 2024
METEORA CAPITAL, LLC3.38%0.64%306,976115,85460.62%3,478,038Jun 30, 2024
FIRST TRUST CAPITAL MANAGEMENT L.P.4.52%0.43%410,45592,89729.25%4,699,710Jun 30, 2024
GLAZER CAPITAL, LLC2.68%0.21%243,949-327,596-57.32%2,764,000Jun 30, 2024
BERKLEY W R CORP3.45%0.15%313,249-354,518-53.09%3,552,244Jun 30, 2024
UBS OCONNOR LLC1.58%0.10%143,494--1,627,222Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC1.48%0.06%134,896-314,759-70.00%1,529,721Jun 30, 2024
KARPUS MANAGEMENT, INC.1.04%0.03%94,275-13,925-12.87%1,068,136Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC2.32%0.03%210,76238,50922.36%2,390,041Jun 30, 2024
COWEN AND COMPANY, LLC0.39%0.01%35,005-444,157-92.69%400,807Jun 30, 2024
WALLEYE CAPITAL LLC0.50%0.00%45,660--522,807Jun 30, 2024
WALLEYE TRADING LLC0.28%0.00%25,200--288,540Jun 30, 2024
CLEAR STREET LLC0.05%0.00%4,4004,400100.00%50,000Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)0.00%-2599356.02%2,949Jun 30, 2024
MORGAN STANLEY0.00%-274274100.00%3,104Jun 30, 2024
K2 PRINCIPAL FUND, L.P.----200,000-100.00%-Jun 30, 2024
MIZUHO SECURITIES USA LLC----651,308-100.00%-Jun 30, 2024
PERISCOPE CAPITAL INC.----150,000-100.00%-Jun 30, 2024

The largest Finnovate Acquisition shareholder by % of total assets is EXOS ASSET MANAGEMENT LLC. The company owns 200.00K shares of Finnovate Acquisition (FNVT), representing 2.60% of its total assets.

Institutional Buyers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
EXOS ASSET MANAGEMENT LLC2.20%2.60%200,000200,000100.00%2,266,000,000Jun 30, 2024
METEORA CAPITAL, LLC3.38%0.64%306,976115,85460.62%3,478,038Jun 30, 2024
FIRST TRUST CAPITAL MANAGEMENT L.P.4.52%0.43%410,45592,89729.25%4,699,710Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC2.32%0.03%210,76238,50922.36%2,390,041Jun 30, 2024
CLEAR STREET LLC0.05%0.00%4,4004,400100.00%50,000Jun 30, 2024
MORGAN STANLEY0.00%-274274100.00%3,104Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)0.00%-2599356.02%2,949Jun 30, 2024
WALLEYE TRADING LLC0.28%0.00%25,200--288,540Jun 30, 2024
WALLEYE CAPITAL LLC0.50%0.00%45,660--522,807Jun 30, 2024
UBS OCONNOR LLC1.58%0.10%143,494--1,627,222Jun 30, 2024
KARPUS MANAGEMENT, INC.1.04%0.03%94,275-13,925-12.87%1,068,136Jun 30, 2024
PERISCOPE CAPITAL INC.----150,000-100.00%-Jun 30, 2024
K2 PRINCIPAL FUND, L.P.----200,000-100.00%-Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC1.48%0.06%134,896-314,759-70.00%1,529,721Jun 30, 2024
GLAZER CAPITAL, LLC2.68%0.21%243,949-327,596-57.32%2,764,000Jun 30, 2024
BERKLEY W R CORP3.45%0.15%313,249-354,518-53.09%3,552,244Jun 30, 2024
COWEN AND COMPANY, LLC0.39%0.01%35,005-444,157-92.69%400,807Jun 30, 2024
MIZUHO SECURITIES USA LLC----651,308-100.00%-Jun 30, 2024

As of Jun 30 2024, Finnovate Acquisition's largest institutional buyer is EXOS ASSET MANAGEMENT LLC. The company purchased 200.00K stocks of FNVT, valued at $2.27B.

Institutional Sellers

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
MIZUHO SECURITIES USA LLC----651,308-100.00%-Jun 30, 2024
COWEN AND COMPANY, LLC0.39%0.01%35,005-444,157-92.69%400,807Jun 30, 2024
BERKLEY W R CORP3.45%0.15%313,249-354,518-53.09%3,552,244Jun 30, 2024
GLAZER CAPITAL, LLC2.68%0.21%243,949-327,596-57.32%2,764,000Jun 30, 2024
WESTCHESTER CAPITAL MANAGEMENT, LLC1.48%0.06%134,896-314,759-70.00%1,529,721Jun 30, 2024
K2 PRINCIPAL FUND, L.P.----200,000-100.00%-Jun 30, 2024
PERISCOPE CAPITAL INC.----150,000-100.00%-Jun 30, 2024
KARPUS MANAGEMENT, INC.1.04%0.03%94,275-13,925-12.87%1,068,136Jun 30, 2024
UBS OCONNOR LLC1.58%0.10%143,494--1,627,222Jun 30, 2024
WALLEYE CAPITAL LLC0.50%0.00%45,660--522,807Jun 30, 2024
WALLEYE TRADING LLC0.28%0.00%25,200--288,540Jun 30, 2024
TOWER RESEARCH CAPITAL LLC (TRC)0.00%-2599356.02%2,949Jun 30, 2024
MORGAN STANLEY0.00%-274274100.00%3,104Jun 30, 2024
CLEAR STREET LLC0.05%0.00%4,4004,400100.00%50,000Jun 30, 2024
WOLVERINE ASSET MANAGEMENT LLC2.32%0.03%210,76238,50922.36%2,390,041Jun 30, 2024
FIRST TRUST CAPITAL MANAGEMENT L.P.4.52%0.43%410,45592,89729.25%4,699,710Jun 30, 2024
METEORA CAPITAL, LLC3.38%0.64%306,976115,85460.62%3,478,038Jun 30, 2024
EXOS ASSET MANAGEMENT LLC2.20%2.60%200,000200,000100.00%2,266,000,000Jun 30, 2024

As of Jun 30 2024, Finnovate Acquisition's biggest institutional seller is MIZUHO SECURITIES USA LLC. The company sold -0.65M shares of FNVT, valued at -.

Institutional New positions

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
EXOS ASSET MANAGEMENT LLC2.20%2.60%200,000200,000100.00%2,266,000,000Jun 30, 2024
CLEAR STREET LLC0.05%0.00%4,4004,400100.00%50,000Jun 30, 2024
MORGAN STANLEY0.00%-274274100.00%3,104Jun 30, 2024

Finnovate Acquisition's largest new institutional shareholder by number of shares is EXOS ASSET MANAGEMENT LLC, purchased 200.00K shares, valued at $2.27B, as of undefined.

Institutional Sold Out

Name% Total Shares% Total AssetsCurrent SharesChange AmountChange %Market ValueDate
MIZUHO SECURITIES USA LLC----651,308-100.00%-Jun 30, 2024
K2 PRINCIPAL FUND, L.P.----200,000-100.00%-Jun 30, 2024
PERISCOPE CAPITAL INC.----150,000-100.00%-Jun 30, 2024

Finnovate Acquisition's largest sold out institutional shareholder by shares sold is MIZUHO SECURITIES USA LLC, sold -0.65M shares, valued at -, as of undefined.

Finnovate Acquisition Mutual Fund Holders


Name% Total AssetsTotal SharesChange AmountChange %Date
Saba Capital Income & Opportunities Fund0.04%100,186--Jan 31, 2024
RIVERNORTH OPPORTUNITIES FUND, INC.0.03%32,014--Jan 31, 2024
Investment Managers Series Trust II0.03%316,310-9,605-2.95%Mar 31, 2024
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.0.00%40,085--Mar 31, 2023
CALAMOS INVESTMENT TRUST/IL0.00%244,983--Jan 31, 2024
Tidal ETF Trust0.00%3,540--Jan 31, 2024
FIRST TRUST ALTERNATIVE OPPORTUNITIES FUND0.00%1,060--Dec 31, 2023
TRUST FOR PROFESSIONAL MANAGERS0.00%16,866--Feb 29, 2024

Finnovate Acquisition's largest mutual fund holder by % of total assets is "Saba Capital Income & Opportunities Fund", owning 100.19K shares, compromising 0.04% of its total assets.

Finnovate Acquisition Institutional Ownership Trends


Institutional Holdings Trend

DateHoldingsChange %
30 Jun, 2415-
31 Mar, 2415-21.05%
31 Dec, 2319-13.64%
30 Sep, 232210.00%
30 Jun, 2320-60.00%
31 Mar, 2350-3.85%
31 Dec, 2252-1.89%
30 Sep, 2253-3.64%
30 Jun, 225514.58%
31 Mar, 224892.00%
31 Dec, 2125-

As of 30 Jun 24, 15 institutions are holding Finnovate Acquisition's shares, representing an increase of 0.00% compared to the previous quarter.

Shares Outstanding Trend

DateShares OutstandingChange %
30 Jun, 242,168,854-48.03%
31 Mar, 244,173,0900.09%
31 Dec, 234,169,356-0.76%
30 Sep, 234,201,45712.86%
30 Jun, 233,722,622-74.07%
31 Mar, 2314,358,2749.75%
31 Dec, 2213,082,4782.91%
30 Sep, 2212,712,4303.47%
30 Jun, 2212,286,68813.38%
31 Mar, 2210,837,07773.43%
31 Dec, 216,248,603-

Finnovate Acquisition (FNVT) has 2.17M shares outstanding as of 30 Jun 24, down -48.03% compared to the previous quarter.

Institutional Ownership Trend

DateOwnership %Change %
30 Jun, 2423.87%2.48%
31 Mar, 2431.04%1.47%
31 Dec, 2345.89%7.87%
30 Sep, 2324.15%5.28%
30 Jun, 2321.39%0.49%
31 Mar, 2366.13%1.17%
31 Dec, 2275.19%2.19%
30 Sep, 2258.55%2.63%
30 Jun, 2247.21%1.90%
31 Mar, 2249.91%6.03%
31 Dec, 2128.78%-

As of 30 Jun 24, Finnovate Acquisition is held by 23.87% institutional shareholders, representing a 2.48% growth compared to 31 Mar 24.

Institutional Increased Positions Trend

DateIncreased PositionsChange %
30 Jun, 24716.67%
31 Mar, 24620.00%
31 Dec, 235-54.55%
30 Sep, 231137.50%
30 Jun, 238-50.00%
31 Mar, 231633.33%
31 Dec, 2212-25.00%
30 Sep, 2216-5.88%
30 Jun, 2217-46.88%
31 Mar, 223228.00%
31 Dec, 2125-

7 institutional shareholders have increased their position in FNVT stock as of 30 Jun 24 compared to 6 in the previous quarter (a 16.67% increase).

Institutional Reduced Positions Trend

DateReduced PositionsChange %
30 Jun, 245-
31 Mar, 245-44.44%
31 Dec, 23950.00%
30 Sep, 236-45.45%
30 Jun, 231110.00%
31 Mar, 231011.11%
31 Dec, 229-10.00%
30 Sep, 221042.86%
30 Jun, 22775.00%
31 Mar, 224-
31 Dec, 21--

5 institutional shareholders have reduced their position in FNVT stock as of 30 Jun 24 compared to 5 in the previous quarter (a 0.00% increase).

All Institutional Ownership Trend Data

DateHoldingsChange %Shares OutstandingChange %Ownership %Change %Increased PositionsChange %Reduced PositionsChange %
30 Jun, 2415-2,168,854-48.03%23.87%2.48%716.67%5-
31 Mar, 2415-21.05%4,173,0900.09%31.04%1.47%620.00%5-44.44%
31 Dec, 2319-13.64%4,169,356-0.76%45.89%7.87%5-54.55%950.00%
30 Sep, 232210.00%4,201,45712.86%24.15%5.28%1137.50%6-45.45%
30 Jun, 2320-60.00%3,722,622-74.07%21.39%0.49%8-50.00%1110.00%
31 Mar, 2350-3.85%14,358,2749.75%66.13%1.17%1633.33%1011.11%
31 Dec, 2252-1.89%13,082,4782.91%75.19%2.19%12-25.00%9-10.00%
30 Sep, 2253-3.64%12,712,4303.47%58.55%2.63%16-5.88%1042.86%
30 Jun, 225514.58%12,286,68813.38%47.21%1.90%17-46.88%775.00%
31 Mar, 224892.00%10,837,07773.43%49.91%6.03%3228.00%4-
31 Dec, 2125-6,248,603-28.78%-25---

Finnovate Acquisition Insider Shareholders Trades


Open Market Insider Trades

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell325,000$10.55$3.43M1,069,552
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell505,135$10.54$5.32M564,417
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell564,417$10.52$5.94M-
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell325,000$10.55$3.43M1,069,552
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell505,135$10.54$5.32M564,417
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell564,417$10.52$5.94M564,417

Open Market Insider Buys

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource

Insider Sells

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell325,000$10.55$3.43M1,069,552
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell505,135$10.54$5.32M564,417
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell564,417$10.52$5.94M-
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell325,000$10.55$3.43M1,069,552
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell505,135$10.54$5.32M564,417
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell564,417$10.52$5.94M564,417

All Insider Owners Trades

DateNameRelationRoleTransactionBuy/SellSharesPriceValueShares HeldSource
Jun 08, 2023Li Tiemei Sarahdirector Buy----
Jun 08, 2023Finnovate Sponsor L.P.10 percent owner-Buy---4,237,499
Jun 08, 2023Finnovate Sponsor L.P.10 percent owner-Buy1---
Jun 08, 2023Hao Chun Yidirector Buy----
Jun 08, 2023Prasad Sanjaydirector Buy----
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell325,000$10.55$3.43M1,069,552
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell505,135$10.54$5.32M564,417
May 24, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell564,417$10.52$5.94M-
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell325,000$10.55$3.43M1,069,552
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell505,135$10.54$5.32M564,417
May 23, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-S-SaleSell564,417$10.52$5.94M564,417
May 22, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-Buy---1,394,552
May 22, 2023MEITAV INVESTMENT HOUSE LTD10 percent owner-Buy1,045,914$11.50$12.03M-
May 19, 2023Wong Wang Chiudirector, 10 percent owner, officer Chief Financial OfficerBuy---4,237,499
May 19, 2023Wong Wang Chiudirector, 10 percent owner, officer Chief Financial OfficerBuy1---
May 19, 2023Kung Calvindirector, 10 percent owner, officer Chief Executive OfficerBuy---4,237,499
May 19, 2023Kung Calvindirector, 10 percent owner, officer Chief Executive OfficerBuy1---

The last insider sell of Finnovate Acquisition's stock was made by MEITAV INVESTMENT HOUSE LTD on May 24 2023, selling 325,000 shares at $10.55 per share (valued at $3.43M).

Finnovate Acquisition Insider Ownership Trends


All Insider Trades Trend

DateBuySellBuy/Sell Ratio
Q2 2023-6-
Q4 2022---

0 total buy trades, and 6 total sell trades (buy/sell ratio of 0.00%) were made by Finnovate Acquisition's insiders, as of Q2 2023.

Open Market Insider Trades Trend

DateBuySellBuy/Sell Ratio
Q2 2023-6-
Q4 2022---

As of Q2 2023, Insider owners conducted 0 open market buy trades and 6 open market sell trades of Finnovate Acquisition's stocks.

Finnovate Acquisition Peer Ownership


TickerCompany
BWAQBlue World Acquisition Corporation
HWKZHawks Acquisition Corp
GFGDThe Growth for Good Acquisition Corporation
WTMAWelsbach Technology Metals Acquisition Corp.
FMIVForum Merger IV Corporation

FNVT Ownership FAQ


Finnovate Acquisition is owned by institutional shareholders (23.87%), insiders (64.26%), and public (11.87%). The largest institutional shareholder of Finnovate Acquisition is FIRST TRUST CAPITAL MANAGEMENT L.P. (4.52% of total shares) and the top mutual fund owner is Saba Capital Income & Opportunities Fund (0.04% of total shares).

Finnovate Acquisition's major institutional shareholders are FIRST TRUST CAPITAL MANAGEMENT L.P., BERKLEY W R CORP, METEORA CAPITAL, LLC, GLAZER CAPITAL, LLC, and WOLVERINE ASSET MANAGEMENT LLC. The top five shareholders own together 16.35% of the company's share outstanding.

As of Jun 2024, there are 15 institutional shareholders of Finnovate Acquisition.

FIRST TRUST CAPITAL MANAGEMENT L.P owns 410.46K shares of Finnovate Acquisition, representing 4.52% of the company's total shares outstanding, valued at $4.7M (as of Jun 2024).

As of Jun 2024, BERKLEY W R CORP holds 313.25K shares of Finnovate Acquisition (FNVT), compromising 3.45% of the company, valued at $3.55M.

METEORA CAPITAL, LLC is the third largest holder of Finnovate Acquisition. The company owns 306.98K of the company's shares outstanding (worth $3.48M).