Who owns INNOVATE Corp. (VATE)
Which tracked institutional funds hold VATE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VATE company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on VATE is one-sided between 2025-Q4 and 2026-Q1: 3 added or opened and 1 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VATE’s largest tracked holder by dollar value, Whitefort Capital Management, LP, sizes it at 1.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VATE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 31 tracked filers holding VATE, 10 increased or opened the position and 13 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VATE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 1
- VANGUARD CAPITAL MANAGEMENT LLC$1M
Full exits 1
- VANGUARD GROUP INC$1M
Largest adds
- Whitefort Capital Management, LP$862K
- Jefferies Financial Group Inc.$813K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Whitefort Capital Management, LP | 743,000 | $4M | 26.6% | 2026-Q1 |
| Jefferies Financial Group Inc. | 700,802 | $4M | 25.0% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 224,156 | $1M | 8.0% | 2026-Q1 |
| Arena Capital Advisors, LLC- CA | 127,934 | $727K | 4.6% | 2026-Q1 |
| Prescott Group Capital Management, L.L.C. trimmed | 109,448 | $622K | 3.9% | 2026-Q1 |
| BlackRock, Inc. added | 91,048 | $517K | 3.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 89,936 | $511K | 3.2% | 2026-Q1 |
| ARS Investment Partners, LLC trimmed | 61,246 | $348K | 2.2% | 2026-Q1 |
| STATE STREET CORP | 47,764 | $271K | 1.7% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 36,129 | $205K | 1.3% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL | 32,787 | $186K | 1.2% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 32,650 | $185K | 1.2% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 25,000 | $142K | 0.9% | 2026-Q1 |
| GABELLI FUNDS LLC trimmed | 18,000 | $102K | 0.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 16,134 | $92K | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP | 12,662 | $72K | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,876 | $62K | 0.4% | 2026-Q1 |
| UBS Group AG added | 7,830 | $44K | 0.3% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 5,691 | $32K | 0.2% | 2026-Q1 |
| MORGAN STANLEY added | 3,153 | $18K | 0.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,876 | $11K | 0.1% | 2026-Q1 |
| CWM, LLC | 920 | $5K | 0.0% | 2026-Q1 |
| Tower Research Capital LLC (TRC) trimmed | 663 | $4K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. | 150 | $852 | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 145 | $824 | 0.0% | 2026-Q1 |
| JPMORGAN CHASE & CO | 84 | $462 | 0.0% | 2026-Q1 |
| Caitong International Asset Management Co., Ltd new | 31 | $176 | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC new | 10 | $57 | 0.0% | 2026-Q1 |
| SBI Securities Co., Ltd. trimmed | 8 | $45 | 0.0% | 2026-Q1 |
| BARCLAYS PLC | 1 | $6 | 0.0% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 1 | $5 | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 262,497 | $1M | 7.5% | 2025-Q4 stale |
| FNY Investment Advisers, LLC trimmed | 33,100 | $259K | 1.6% | 2025-Q1 stale |
| OMERS ADMINISTRATION Corp new | 32,300 | $253K | 1.6% | 2025-Q1 stale |
| Clear Harbor Asset Management, LLC trimmed | 18,850 | $148K | 0.9% | 2025-Q1 stale |
| MSH Capital Advisors LLC | 16,943 | $83K | 0.5% | 2025-Q3 stale |
| GSA CAPITAL PARTNERS LLP trimmed | 15,821 | $77K | 0.5% | 2025-Q3 stale |
| Stratos Wealth Advisors, LLC | 15,500 | $70K | 0.4% | 2025-Q4 stale |
| Squarepoint Ops LLC trimmed | 11,821 | $58K | 0.4% | 2025-Q3 stale |
| DIMENSIONAL FUND ADVISORS LP trimmed | 11,199 | $58K | 0.4% | 2025-Q2 stale |
| JANE STREET GROUP, LLC trimmed | 11,281 | $51K | 0.3% | 2025-Q4 stale |
| State of Wyoming trimmed | 2,068 | $16K | 0.1% | 2025-Q1 stale |
| RAYMOND JAMES FINANCIAL INC new | 78 | $402 | 0.0% | 2025-Q2 stale |
| Advisory Services Network, LLC trimmed | 3 | $15 | 0.0% | 2025-Q3 stale |
| Darwin Wealth Management, LLC | 2 | $9 | 0.0% | 2025-Q3 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
| PrairieView Partners, LLC | 100 | — | 0.0% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.