Sculptor Capital LP Has $7.52 Million Holdings in D. Boral ARC Acquisition I Corp. $BCAR

Sculptor Capital LP lessened its stake in D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) by 64.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 750,000 shares of the company’s stock after selling 1,384,886 shares during the quarter. Sculptor Capital LP’s holdings in D. Boral ARC Acquisition I were worth $7,522,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BCAR. Wolverine Asset Management LLC lifted its holdings in shares of D. Boral ARC Acquisition I by 33.5% in the fourth quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock worth $11,383,000 after acquiring an additional 284,863 shares during the last quarter. Picton Mahoney Asset Management acquired a new stake in D. Boral ARC Acquisition I during the 4th quarter valued at approximately $2,758,000. HighTower Advisors LLC acquired a new stake in D. Boral ARC Acquisition I during the 4th quarter valued at approximately $1,694,000. Bulldog Investors LLP increased its position in D. Boral ARC Acquisition I by 100.0% during the 4th quarter. Bulldog Investors LLP now owns 275,000 shares of the company’s stock valued at $2,758,000 after purchasing an additional 137,500 shares during the period. Finally, Verition Fund Management LLC increased its position in D. Boral ARC Acquisition I by 94.5% during the 4th quarter. Verition Fund Management LLC now owns 97,244 shares of the company’s stock valued at $975,000 after purchasing an additional 47,244 shares during the period. Institutional investors own 4.33% of the company’s stock.

D. Boral ARC Acquisition I Price Performance

NASDAQ:BCAR opened at $10.77 on Tuesday. The firm’s 50 day moving average price is $10.50. D. Boral ARC Acquisition I Corp. has a fifty-two week low of $9.88 and a fifty-two week high of $11.17.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last released its earnings results on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

About D. Boral ARC Acquisition I

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.