Decagon Asset Management LLP Buys New Holdings in Andretti Acquisition Corp. II (NASDAQ:POLE)

Decagon Asset Management LLP bought a new stake in Andretti Acquisition Corp. II (NASDAQ:POLE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 487,475 shares of the company’s stock, valued at approximately $4,872,000. Andretti Acquisition Corp. II makes up approximately 1.8% of Decagon Asset Management LLP’s holdings, making the stock its 20th largest holding. Decagon Asset Management LLP owned approximately 1.65% of Andretti Acquisition Corp. II at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealthspring Capital LLC bought a new stake in Andretti Acquisition Corp. II in the 4th quarter valued at about $154,000. Levin Capital Strategies L.P. bought a new stake in Andretti Acquisition Corp. II in the 4th quarter valued at about $425,000. Wolverine Asset Management LLC bought a new stake in Andretti Acquisition Corp. II in the 4th quarter valued at about $1,964,000. Schechter Investment Advisors LLC bought a new stake in Andretti Acquisition Corp. II in the 4th quarter valued at about $3,755,000. Finally, Picton Mahoney Asset Management bought a new stake in Andretti Acquisition Corp. II during the 4th quarter worth approximately $10,995,000.

Andretti Acquisition Corp. II Price Performance

Shares of POLE opened at $10.11 on Wednesday. The business’s 50 day moving average is $10.06. Andretti Acquisition Corp. II has a 52 week low of $9.94 and a 52 week high of $11.16.

Andretti Acquisition Corp. II Company Profile

Andretti Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.