LMR Partners LLP Buys Shares of 1,700,000 Andretti Acquisition Corp. II (NASDAQ:POLE)

LMR Partners LLP purchased a new position in shares of Andretti Acquisition Corp. II (NASDAQ:POLE - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,700,000 shares of the company's stock, valued at approximately $16,992,000. LMR Partners LLP owned approximately 5.76% of Andretti Acquisition Corp. II at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Arbitrage LLC acquired a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth $15,194,000. Picton Mahoney Asset Management acquired a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth $10,995,000. D. E. Shaw & Co. Inc. acquired a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth $9,890,000. Westchester Capital Management LLC acquired a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth $7,112,000. Finally, Centiva Capital LP acquired a new position in shares of Andretti Acquisition Corp. II during the fourth quarter worth $5,804,000.

Andretti Acquisition Corp. II Trading Down 0.1%

Shares of NASDAQ POLE traded down $0.01 during trading on Friday, reaching $10.24. 813 shares of the stock were exchanged, compared to its average volume of 44,291. The business's 50-day moving average price is $10.18. Andretti Acquisition Corp. II has a twelve month low of $9.94 and a twelve month high of $11.16.

Andretti Acquisition Corp. II Company Profile

Andretti Acquisition Corp. II is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Andretti Acquisition Corp. II is based in INDIANAPOLIS, IN.