Virtu Financial LLC trimmed its holdings in shares of Slam Corp. (NASDAQ:SLAM – Get Rating) by 56.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,753 shares of the company's stock after selling 29,444 shares during the quarter. Virtu Financial LLC's holdings in Slam were worth $225,000 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 SLAM. Basso Capital Management L.P. grew its position in shares of Slam by 295.8% during the 1st quarter. Basso Capital Management L.P. now owns 4,358 shares of the company's stock valued at $43,000 after acquiring an additional 3,257 shares during the period. PenderFund Capital Management Ltd. grew its position in shares of Slam by 97.0% during the 1st quarter. PenderFund Capital Management Ltd. now owns 6,500 shares of the company's stock valued at $79,000 after acquiring an additional 3,200 shares during the period. OLD Mission Capital LLC bought a new stake in shares of Slam during the 2nd quarter valued at $120,000. Kohlberg Kravis Roberts & Co. L.P. bought a new stake in shares of Slam during the 1st quarter valued at $344,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Slam during the 2nd quarter valued at $392,000. 74.08% of the stock is owned by hedge funds and other institutional investors.
Get Slam alerts:Slam Price Performance
Shares of SLAM stock opened at $10.19 on Thursday. Slam Corp. has a 1 year low of $9.70 and a 1 year high of $10.60. The firm has a fifty day moving average price of $10.11 and a 200-day moving average price of $9.99.
About Slam
(Get Rating)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. The company was incorporated in 2020 and is based in New York, New York.
Further Reading
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