Finnovate Acquisition Ownership | Who Owns Finnovate Acquisition?

Finnovate Acquisition Ownership Summary

Finnovate Acquisition is owned by 23.87% institutional investors, 63.34% insiders, and 12.79% retail investors. First trust capital management is the largest institutional shareholder, holding 4.52% of FNVT shares. First Trust Merger Arbitrage Cl I is the top mutual fund, with 5.74% of its assets in Finnovate Acquisition shares.

FNVT Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Finnovate Acquisition	23.87%	63.34%	12.79%
Sector	Financial Services Stocks	43.07%	12.53%	44.40%
Industry	Shell Companies Stocks	29.08%	16.44%	54.49%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
First trust capital management	410.45K	4.52%	$4.70M
Berkley w r	313.25K	3.45%	$3.55M
Meteora capital	306.98K	3.38%	$3.48M
Glazer capital	243.95K	2.68%	$2.76M
Wolverine asset management	210.76K	2.32%	$2.39M
Exos asset management	200.00K	2.20%	$2.27B
Ubs oconnor	143.49K	1.58%	$1.63M
Westchester capital management	134.90K	1.48%	$1.53M
Karpus management	94.28K	1.04%	$1.07M
Walleye capital	45.66K	0.50%	$522.81K

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Exos asset management	200.00K	2.60%	$2.27B
Meteora capital	306.98K	0.64%	$3.48M
First trust capital management	410.45K	0.43%	$4.70M
Glazer capital	243.95K	0.21%	$2.76M
Berkley w r	313.25K	0.15%	$3.55M
Ubs oconnor	143.49K	0.10%	$1.63M
Westchester capital management	134.90K	0.06%	$1.53M
Karpus management	94.28K	0.03%	$1.07M
Wolverine asset management	210.76K	0.03%	$2.39M
Cowen and company	35.01K	0.01%	$400.81K

Top Buyers

Holder	Shares	% Assets	Change
Exos asset management	200.00K	2.60%	200.00K
Meteora capital	306.98K	0.64%	115.85K
First trust capital management	410.45K	0.43%	92.90K
Wolverine asset management	210.76K	0.03%	38.51K
Clear street	4.40K	0.00%	4.40K

Top Sellers

Holder	Shares	% Assets	Change
Mizuho securities usa	-	-	-651.31K
Cowen and company	35.01K	0.01%	-444.16K
Berkley w r	313.25K	0.15%	-354.52K
Glazer capital	243.95K	0.21%	-327.60K
Westchester capital management	134.90K	0.06%	-314.76K

New Positions

Holder	Shares	% Assets	Change	Value
Exos asset management	200.00K	2.60%	200.00K	$2.27B
Clear street	4.40K	0.00%	4.40K	$50.00K
Morgan stanley	274.00	-	274.00	$3.10K

Sold Out

Holder	Change
Periscope capital	-150.00K
K2 principal fund	-200.00K
Mizuho securities usa	-651.31K

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2024	15	-	2,168,854	-48.03%	23	2.48%	7	16.67%	5	-
Mar 31, 2024	15	-21.05%	4,173,090	0.09%	31	1.47%	6	20.00%	5	-44.44%
Dec 31, 2023	19	-13.64%	4,169,356	-0.76%	45	7.87%	5	-54.55%	9	50.00%
Sep 30, 2023	22	10.00%	4,201,457	12.86%	24	5.28%	11	37.50%	6	-45.45%
Jun 30, 2023	20	-60.00%	3,722,622	-74.07%	21	0.49%	8	-50.00%	11	10.00%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
First Trust Merger Arbitrage Cl I	385.51K	5.74%	87.07K
The Merger Fund A	134.90K	2.01%	-314.76K
Karpus Conservative Balanced	45.35K	0.68%	-4.20K
Karpus Taxable Fixed Income	42.08K	0.63%	-4.40K
Karpus Tax Sensitive Fixed Income	23.65K	0.35%	200.00
First Trust Multi-Strategy Cl I	23.15K	0.34%	5.29K
Karpus Growth Balanced	19.07K	0.28%	-
Fidelity Nasdaq Composite Index	9.03K	0.13%	-

Recent Insider Transactions

Date	Name	Role	Activity	Value
May 19, 2023	MEITAV INVESTMENT HOUSE LTD	-	Sell	$3.43M
May 22, 2023	MEITAV INVESTMENT HOUSE LTD	-	Sell	$5.32M
May 23, 2023	MEITAV INVESTMENT HOUSE LTD	-	Sell	$5.94M
May 19, 2023	MEITAV INVESTMENT HOUSE LTD	-	Sell	$3.43M
May 22, 2023	MEITAV INVESTMENT HOUSE LTD	-	Sell	$5.32M

Insider Transactions Trends

Date	Buy	Sell
2023 Q2	-	6
2022 Q4	-	-

FNVT Ownership FAQ

Who Owns Finnovate Acquisition?

Finnovate Acquisition shareholders are primarily institutional investors at 23.87%, followed by 63.34% insiders and 12.79% retail investors. The average institutional ownership in Finnovate Acquisition's industry, Shell Companies Stocks , is 29.08%, which Finnovate Acquisition falls below.

Who owns the most shares of Finnovate Acquisition?

Finnovate Acquisition’s largest shareholders are First trust capital management (410.46K shares, 4.52%), Berkley w r (313.25K shares, 3.45%), and Meteora capital (306.98K shares, 3.38%). Together, they hold 11.34% of Finnovate Acquisition’s total shares outstanding.

Does Blackrock own Finnovate Acquisition?

BlackRock is not among the top 10 institutional shareholders of Finnovate Acquisition.

Who is Finnovate Acquisition’s biggest shareholder by percentage of total assets invested?

Exos asset management is Finnovate Acquisition’s biggest shareholder by percentage of total assets invested, with 2.60% of its assets in 200K Finnovate Acquisition shares, valued at 2.27B$.

Who is the top mutual fund holder of Finnovate Acquisition shares?

First Trust Merger Arbitrage Cl I is the top mutual fund holder of Finnovate Acquisition shares, with 5.74% of its total shares outstanding invested in 385.51K Finnovate Acquisition shares.

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