FINNOVATE ACQUISITION CORP
*W EXP 09/30/202 · CUSIP G3R34K111
36
institutional holders
+0 vs Q4 2023
6.3m
shares reported held*
$750.3kreported value*
0 new
1 added
3 reduced
1 sold out
net sold ≈ $236 (-20.6k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.12. Options: 4 managers hold calls ($11.4k notional), 0 hold puts (—).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 39 |
| Q1 2023 | 40 |
| Q2 2023 | 42 |
| Q3 2023 | 42 |
| Q4 2023 | 36 |
| Q1 2024 | 36 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 6 | 8 |
| Q1 2023 | 3 | 6 |
| Q2 2023 | 10 | 10 |
| Q3 2023 | 6 | 7 |
| Q4 2023 | 2 | 11 |
| Q1 2024 | 1 | 4 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $8.1k | $8.0k | 0.98 |
| Q3 2023 | $11.9k | $0 | 0.00 |
| Q4 2023 | $5.6k | $0 | 0.00 |
| Q1 2024 | $11.4k | $0 | 0.00 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +200 |
Biggest sellers
| StoneX Group Inc. | Reduced | -20.1k |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Reduced | -1.8k |
| ROBINSON CAPITAL MANAGEMENT, LLC | Sold out | -591 |
| COWEN AND COMPANY, LLC | Reduced | -100 |
Biggest calls
| Hartree Partners, LP | Unchanged | $7.5k375.0k shares |
| CITIGROUP INC | Unchanged | $2.5k112.5k shares |
| TUDOR INVESTMENT CORP ET AL | Unchanged | $1.1k112.5k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $33833.8k shares |
Biggest puts
| None |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.0m $10.3k | Reduced -1.8k |
| Periscope Capital Inc. 0.00% of their portfolio | 1.0m $16.5k | Unchanged |
| EHP Funds Inc. 0.01% of their portfolio | 735.7k $12.9k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 660.1k $14.5k | Unchanged |
| Linden Advisors LP 0.00% of their portfolio | 318.7k $5.6k | Unchanged |
| KIM, LLC 0.00% of their portfolio | 300.0k $6.6k | Unchanged |
| Sculptor Capital LP 0.00% of their portfolio | 300.0k $5.2k | Unchanged |
| Context Capital Management, LLC 0.00% of their portfolio | 262.5k $2.6k | Unchanged |
| Shaolin Capital Management LLC 0.00% of their portfolio | 262.5k $2.6k | Unchanged |
| Taconic Capital Advisors LP 0.00% of their portfolio | 240.0k $5.3k | Unchanged |
| AQR Arbitrage LLC 0.00% of their portfolio | 232.7k $5.1k | Unchanged |
| Q Global Advisors, LLC 0.00% of their portfolio | 211.3k $2.0k | Unchanged |
| Yakira Capital Management, Inc. 0.00% of their portfolio | 206.2k $3.6k | Unchanged |
| Calamos Advisors LLC 0.00% of their portfolio | 183.7k $4.0k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 159.4k $3.5k | Unchanged |
| PICTON MAHONEY ASSET MANAGEMENT 0.00% of their portfolio | 150.0k $3.0k | Unchanged |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 149.3k $3.3k | Unchanged |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.00% of their portfolio | 130.4k $2.3k | Unchanged |
| Exos Asset Management LLC 0.00% of their portfolio | 95.8k $958 | First filing |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 93.7k $937 | Unchanged |
| Clear Street Derivatives LLC 0.00% of their portfolio | 86.7k $867 | First filing |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 75.0k $750 | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 74.9k $749 | Reduced -100 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 68.7k $1.5k | Unchanged |
| Segantii Capital Management Ltd 0.06% of their portfolio | 56.2k $632.2k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 45.0k $450 | Unchanged |
| Walleye Capital LLC 0.00% of their portfolio | 34.5k $345 | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 34.4k $343 | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 32.3k $712 | Added +200 |
| CLEAR STREET LLC 0.00% of their portfolio | 31.1k $311 | Unchanged |
| StoneX Group Inc. 0.00% of their portfolio | 30.2k $302 | Reduced -20.1k |
| Lynwood Capital Management Inc. 0.00% of their portfolio | 25.5k $255 | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 20.0k $350 | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 18.9k $189 | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 10.8k $108 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |