Investing

Atlas Merchant Capital Takes Significant Position in HAAC / Health Assurance Acquisition Corp

Andrei Vasilev / iStock via Getty Images

Atlas Merchant Capital LLC has filed a 13G form with the SEC disclosing ownership of 5,802,224 shares of Health Assurance Acquisition Corp (HAAC). This represents 11.1% of the company.

What are other large shareholders doing?

BlackRock Inc. holds 4,914,296 shares representing 8.91% ownership of the company. No change in the last quarter.

Dragoneer Investment Group, LLC holds 4,000,000 shares representing 7.26% ownership of the company. No change in the last quarter.

Weiss Asset Management LP holds 3,366,343 shares representing 6.11% ownership of the company. No change in the last quarter.

Sculptor Capital LP holds 2,887,134 shares representing 5.24% ownership of the company. In it’s prior filing, the firm reported owning 2,625,889 shares, representing an increase of 9.05%. The firm increased its portfolio allocation in HAAC by 51.38% over the last quarter.

Marshall Wace, Llp holds 2,374,119 shares representing 4.31% ownership of the company. No change in the last quarter.

What is the overall institutional sentiment?

There are 110 funds or institutions reporting positions in Health Assurance Acquisition Corp. This is an increase of 1 owner(s) or 0.92%.

Average portfolio weight of all funds dedicated to Health Assurance Acquisition Corp is 0.1836%, a decrease of 24.9306%. Total shares owned by institutions increased in the last three months by 10.78% to 48,663,165 shares.

This article originally appeared on Fintel

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.