Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) Shares Acquired by Berkley W R Corp

Berkley W R Corp boosted its holdings in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) by 82.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,520,263 shares of the company’s stock after purchasing an additional 689,218 shares during the quarter. Patria Latin American Opportunity Acquisition comprises approximately 1.0% of Berkley W R Corp’s portfolio, making the stock its 17th biggest position. Berkley W R Corp owned approximately 6.72% of Patria Latin American Opportunity Acquisition worth $17,164,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wealthspring Capital LLC acquired a new stake in shares of Patria Latin American Opportunity Acquisition during the first quarter worth about $3,430,000. Cowen AND Company LLC lifted its position in Patria Latin American Opportunity Acquisition by 62.1% during the 4th quarter. Cowen AND Company LLC now owns 790,006 shares of the company’s stock worth $8,769,000 after acquiring an additional 302,581 shares during the period. Hsbc Holdings PLC purchased a new position in shares of Patria Latin American Opportunity Acquisition in the 4th quarter valued at approximately $8,422,000. Wolverine Asset Management LLC increased its holdings in shares of Patria Latin American Opportunity Acquisition by 111.4% in the fourth quarter. Wolverine Asset Management LLC now owns 529,834 shares of the company’s stock valued at $5,881,000 after purchasing an additional 279,179 shares during the period. Finally, Kim LLC increased its holdings in shares of Patria Latin American Opportunity Acquisition by 69.5% in the fourth quarter. Kim LLC now owns 805,000 shares of the company’s stock valued at $8,936,000 after purchasing an additional 330,000 shares during the period. 72.25% of the stock is currently owned by hedge funds and other institutional investors.

Patria Latin American Opportunity Acquisition Trading Up 0.3 %

PLAO stock traded up $0.03 on Monday, reaching $11.53. 1,065 shares of the company’s stock were exchanged, compared to its average volume of 116,965. The stock has a fifty day moving average of $11.44 and a 200-day moving average of $11.33. Patria Latin American Opportunity Acquisition Corp. has a twelve month low of $10.85 and a twelve month high of $11.97.

About Patria Latin American Opportunity Acquisition

Patria Latin American Opportunity Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America.