Sculptor Capital LP raised its position in shares of Avanti Acquisition Corp. (NYSE:AVAN – Get Rating) by 678.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 935,292 shares of the company's stock after purchasing an additional 815,211 shares during the quarter. Sculptor Capital LP owned 1.25% of Avanti Acquisition worth $9,222,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AVAN. Nomura Holdings Inc. grew its stake in shares of Avanti Acquisition by 533.9% during the 1st quarter. Nomura Holdings Inc. now owns 792,362 shares of the company's stock valued at $7,820,000 after purchasing an additional 667,362 shares during the period. Omni Event Management Ltd bought a new position in shares of Avanti Acquisition during the 4th quarter valued at approximately $2,619,000. Hsbc Holdings PLC grew its stake in shares of Avanti Acquisition by 26.1% during the 1st quarter. Hsbc Holdings PLC now owns 1,245,519 shares of the company's stock valued at $12,281,000 after acquiring an additional 257,803 shares during the period. Kohlberg Kravis Roberts & Co. L.P. grew its stake in shares of Avanti Acquisition by 38.5% during the 1st quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 678,711 shares of the company's stock valued at $6,692,000 after acquiring an additional 188,831 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of Avanti Acquisition by 176,695.3% during the 1st quarter. Royal Bank of Canada now owns 187,403 shares of the company's stock valued at $1,848,000 after acquiring an additional 187,297 shares during the period. 63.28% of the stock is currently owned by institutional investors.

Avanti Acquisition Stock Performance

Shares of NYSE:AVAN opened at $10.00 on Thursday. The stock has a 50 day moving average of $9.97 and a 200 day moving average of $9.92. Avanti Acquisition Corp. has a 12-month low of $9.74 and a 12-month high of $10.02.

Avanti Acquisition Profile

Avanti Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It seeks to identify and acquire one or more businesses across various industries in Europe with the United States nexus and international reach.

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