Wolverine Asset Management LLC Has $3.54 Million Stock Holdings in Slam Corp. (NASDAQ:SLAM)

Wolverine Asset Management LLC increased its position in Slam Corp. (NASDAQ:SLAM) by 119.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 326,072 shares of the company’s stock after purchasing an additional 177,740 shares during the quarter. Wolverine Asset Management LLC’s holdings in Slam were worth $3,538,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Cowen AND Company LLC lifted its position in Slam by 95.6% in the 3rd quarter. Cowen AND Company LLC now owns 1,860,843 shares of the company’s stock valued at $20,060,000 after acquiring an additional 909,440 shares in the last quarter. Shaolin Capital Management LLC lifted its position in Slam by 181.3% in the 3rd quarter. Shaolin Capital Management LLC now owns 325,000 shares of the company’s stock valued at $3,504,000 after acquiring an additional 725,000 shares in the last quarter. Mizuho Securities USA LLC lifted its position in Slam by 37.6% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,771,000 shares of the company’s stock valued at $19,038,000 after acquiring an additional 483,633 shares in the last quarter. AQR Arbitrage LLC bought a new position in Slam in the 3rd quarter valued at about $2,695,000. Finally, Westchester Capital Management LLC lifted its position in Slam by 2.8% in the 3rd quarter. Westchester Capital Management LLC now owns 2,528,789 shares of the company’s stock valued at $27,260,000 after acquiring an additional 70,000 shares in the last quarter. 87.25% of the stock is currently owned by institutional investors and hedge funds.

Slam Price Performance

Shares of Slam stock traded down $0.01 during mid-day trading on Wednesday, hitting $11.01. 5,075 shares of the stock were exchanged, compared to its average volume of 7,698. Slam Corp. has a 12 month low of $10.35 and a 12 month high of $11.17. The company has a 50-day simple moving average of $10.98 and a 200 day simple moving average of $10.90.

About Slam

Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. Slam Corp. was incorporated in 2020 and is based in New York, New York.