VATE β€” INNOVATE CORP

Ownership history in Whitefort Capital Management, LP  Β·  6 quarters on record

This page tracks every 13F SEC filing in which Whitefort Capital Management, LP reported a position in INNOVATE CORP (VATE). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.74% (2025 Q1)
πŸ“Š Avg. % of fund
1.18%
πŸ“… First filed
2024 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
6

Position Intelligence

Whitefort Capital Management, LP Γ— VATE AI Analytics

πŸ“ˆ Whitefort Capital Management, LP outperformed the S&P 500 by +20.3% annually on this VATE position. Average cost basis: $6.05. Maximum drawdown during holding period: –42.3%.

πŸ“ˆ Position Alpha vs SPY
+20.3%
annualised excess return

πŸ”₯ Exceptional β€” beat the S&P 500 by 20.3% per year on this position.
5 quarters analyzed

πŸ’° Entry Quality
$6.05
-25.3% vs current ($4.52)

Best entry: $3.70 (2024 Q3)  Β·  Worst: $7.83 (2025 Q1)

πŸ›‘οΈ Drawdown Resilience
–42.3%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
100%
buy-side decisions

2 adds Β· 0 trims. Bought during 0 of 3 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.86% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    VATE price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 6 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 UNCHANGED 743,000 β€” 0% 0.86% $3.4M $4.52
2025 Q3 UNCHANGED 743,000 β€” 0% 1.07% $3.6M $4.89
2025 Q2 UNCHANGED 743,000 β€” 0% 1.12% $3.8M $5.15
2025 Q1 ADDED 743,000 +422,869 +132.1% 2.74% $5.82B $7.83
2024 Q4 UNCHANGED 320,131 β€” 0% 0.76% $1.6M $4.94
2024 Q3 INITIATED 320,131 β€” β€” 0.54% $1.18B $3.70
← Back to Whitefort Capital Management, LP Holdings