INNOVATE CorpVATE
About: Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting station across the United States.
Employees: 3,161
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
32% more capital invested
Capital invested by funds: $8.91M [Q3] → $11.8M (+$2.86M) [Q4]
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
0.49% less ownership
Funds ownership: 18.45% [Q3] → 17.96% (-0.49%) [Q4]
15% less funds holding
Funds holding: 34 [Q3] → 29 (-5) [Q4]
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for VATE.
Financial journalist opinion
Based on 3 articles about VATE published over the past 30 days
