S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Investing

Hudson Bay Capital Buys 12% stake in SPAC First Light Acquisition Class A

Photo of 247patrick
By 247patrick Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Hudson Bay Capital Buys 12% stake in SPAC First Light Acquisition Class A

© Bet_Noire / iStock via Getty Images

Hudson Bay Capital Management LP has filed a 13G form with the SEC disclosing ownership of 500,000 shares of First Light Acquisition Group (FLAG). This represents 12.11% of the company.

What are other large shareholders doing?

Polar Asset Management Partners Inc. holds 2,270,673 shares representing 7.90% ownership of the company. In it’s prior filing, the firm reported owning 1,980,000 shares, representing an increase of 12.80%. The firm increased its portfolio allocation in FLAG by 25.18% over the last quarter.

Woodline Partners LP holds 1,980,000 shares representing 6.89% ownership of the company. No change in the last quarter.

Driehaus Capital Management Llc holds 1,500,000 shares representing 5.22% ownership of the company. No change in the last quarter.

Shaolin Capital Management LLC holds 1,400,000 shares representing 4.87% ownership of the company. In it’s prior filing, the firm reported owning 1,170,675 shares, representing an increase of 16.38%. The firm increased its portfolio allocation in FLAG by 15.92% over the last quarter.

683 Capital Management, LLC holds 1,200,000 shares representing 4.17% ownership of the company. No change in the last quarter.

What is the overall institutional sentiment?

There are 54 funds or institutions reporting positions in First Light Acquisition Group Inc – Class A. This is an increase of 2 owner(s) or 3.85%.

Average portfolio weight of all funds dedicated to First Light Acquisition Group Inc – Class A is 0.1605%, a decrease of 5.5275%. Total shares owned by institutions increased in the last three months by 2.26% to 22,554,004 shares.

This article originally appeared on Fintel

Photo of 247patrick
About the Author 247patrick →

Continue Reading

H Partners Management Increases Position in Six Flags (SIX)
247patrick |

H Partners Management Increases Position in Six Flags (SIX)

H Partners Management has disclosed ownership of 13.53% of Six Flags Entertainment stock.

Goldman Sachs Maintains Six Flags Entertainment Sell Recommendation
247patrick |

Goldman Sachs Maintains Six Flags Entertainment Sell Recommendation

Goldman Sachs has maintained coverage of Six Flags Entertainment with a Sell recommendation.

Thunderbird Partners Discloses Position in SIX / Six Flags
247patrick |

Thunderbird Partners Discloses Position in SIX / Six Flags

Thunderbird Partners has acquired a 5% stake in Six Flags Entertainment.

Hartree Partners Takes Position in FLME / Flame Acquisition Corp.
247patrick |

Hartree Partners Takes Position in FLME / Flame Acquisition Corp.

Hartree Partners has disclosed ownership of 7.0% of Flame Acquisition stock.

Wellington Management Nearly Halves Stake in Perella Weinberg Partners (PWP)
247patrick |

Wellington Management Nearly Halves Stake in Perella Weinberg Partners (PWP)

Wellington Management has disclosed ownership of 12.01% of Perella Weinberg Partners Class A stock.

ValueAct (VA Partners I) Raises New York Times Stake to Almost Eight Percent
247patrick |

ValueAct (VA Partners I) Raises New York Times Stake to Almost Eight Percent

VA Partners I has disclosed ownership of 7.8% of New York Times.

Millennium Management Ups Stake in Project Energy Reimagined Acquisition Corp – Class A (PEGR)
247patrick |

Millennium Management Ups Stake in Project Energy Reimagined Acquisition Corp – Class A (PEGR)

Millennium Management has disclosed ownership of 6.5% of Project Energy Reimagined Acquisition Corp - Class A stock.

Prescott Group Capital Management Now Owns 20.9% of Performant Financial
247patrick |

Prescott Group Capital Management Now Owns 20.9% of Performant Financial

Prescott Group Capital Management has disclosed ownership of 20.9% of Performant Financial stock.

Cannae Holdings Now Owns 29.7% of System1 Group
247patrick |

Cannae Holdings Now Owns 29.7% of System1 Group

Cannae Holdings has disclosed ownership of almost 30% of System1 Group stock.

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820