Levin Capital Strategies L.P. Trims Stock Position in Andretti Acquisition Corp. (NYSE:WNNR)

Levin Capital Strategies L.P. decreased its stake in Andretti Acquisition Corp. (NYSE:WNNR) by 68.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,686 shares of the company’s stock after selling 50,000 shares during the quarter. Levin Capital Strategies L.P.’s holdings in Andretti Acquisition were worth $247,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Hsbc Holdings PLC purchased a new stake in Andretti Acquisition in the 3rd quarter worth approximately $214,000. Terrapin Asset Management LLC acquired a new stake in shares of Andretti Acquisition in the 3rd quarter worth $1,075,000. Wolverine Asset Management LLC raised its stake in Andretti Acquisition by 245.9% during the fourth quarter. Wolverine Asset Management LLC now owns 398,552 shares of the company’s stock worth $4,332,000 after purchasing an additional 283,334 shares during the period. Finally, Hudson Bay Capital Management LP raised its position in shares of Andretti Acquisition by 47.3% during the 3rd quarter. Hudson Bay Capital Management LP now owns 440,063 shares of the company’s stock valued at $4,731,000 after buying an additional 141,247 shares during the period. 51.22% of the stock is owned by institutional investors and hedge funds.

Andretti Acquisition Stock Up 32.0 %

Shares of NYSE:WNNR traded up $3.30 during midday trading on Friday, reaching $13.60. 1,125,400 shares of the company’s stock were exchanged, compared to its average volume of 106,661. Andretti Acquisition Corp. has a fifty-two week low of $7.60 and a fifty-two week high of $18.50. The firm’s 50 day simple moving average is $11.82 and its two-hundred day simple moving average is $11.13.

Andretti Acquisition Profile

Andretti Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Andretti Acquisition Corp. was incorporated in 2021 and is based in Indianapolis, Indiana.