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

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? For families with more than $500,000 saved for retirement, finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors who serve your area in minutes. Each advisor has been carefully vetted and must act in your best interests. Start your search now.

If you’ve saved and built a substantial nest egg for you and your family, don’t delay; get started right here and help your retirement dreams become a retirement reality.

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

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.