RiverPark Advisors LLC Has $278,000 Stake in Starboard Value Acquisition Corp. (NASDAQ:SVAC)

RiverPark Advisors LLC decreased its stake in shares of Starboard Value Acquisition Corp. (NASDAQ:SVAC) by 54.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 28,001 shares of the company’s stock after selling 33,017 shares during the period. RiverPark Advisors LLC owned 0.23% of Starboard Value Acquisition worth $278,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hudson Bay Capital Management LP acquired a new position in shares of Starboard Value Acquisition during the 4th quarter valued at about $22,768,000. Verition Fund Management LLC acquired a new position in shares of Starboard Value Acquisition during the 4th quarter valued at about $777,000. TIG Advisors LLC increased its holdings in shares of Starboard Value Acquisition by 496.6% during the 1st quarter. TIG Advisors LLC now owns 1,534,129 shares of the company’s stock valued at $15,234,000 after acquiring an additional 1,276,983 shares during the last quarter. Clearline Capital LP acquired a new position in shares of Starboard Value Acquisition during the 1st quarter valued at about $850,000. Finally, Vivaldi Asset Management LLC acquired a new position in shares of Starboard Value Acquisition during the 1st quarter valued at about $301,000.

NASDAQ:SVAC traded down $0.01 during mid-day trading on Thursday, hitting $9.97. 2,294 shares of the company’s stock traded hands, compared to its average volume of 481,375. The firm’s 50 day moving average price is $9.98. Starboard Value Acquisition Corp. has a 12 month low of $9.65 and a 12 month high of $12.00.

About Starboard Value Acquisition

Starboard Value Acquisition Corp., a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in New York, New York.

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Institutional Ownership by Quarter for Starboard Value Acquisition (NASDAQ:SVAC)

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