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Woodline Partners LP Boosts Holdings in Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA)

Defense World ·  Dec 12, 2022 06:31

Woodline Partners LP lifted its position in shares of Mountain & Co. I Acquisition Corp. (NASDAQ:MCAA – Get Rating) by 328.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 299,992 shares of the company's stock after purchasing an additional 229,992 shares during the period. Woodline Partners LP owned about 1.04% of Mountain & Co. I Acquisition Corp. worth $3,036,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Spring Creek Capital LLC acquired a new position in Mountain & Co. I Acquisition Corp. in the 1st quarter worth $2,016,000. MMCAP International Inc. SPC purchased a new position in Mountain & Co. I Acquisition Corp. in the first quarter valued at about $4,568,000. OMERS ADMINISTRATION Corp acquired a new stake in Mountain & Co. I Acquisition Corp. during the 1st quarter valued at approximately $101,000. Verition Fund Management LLC acquired a new stake in Mountain & Co. I Acquisition Corp. during the 1st quarter valued at approximately $1,008,000. Finally, Apollo Management Holdings L.P. purchased a new stake in Mountain & Co. I Acquisition Corp. during the 1st quarter worth approximately $4,536,000. 62.14% of the stock is currently owned by hedge funds and other institutional investors.

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Mountain & Co. I Acquisition Corp. Trading Down 0.4 %

Mountain & Co. I Acquisition Corp. stock opened at $10.35 on Monday. Mountain & Co. I Acquisition Corp. has a 52 week low of $9.96 and a 52 week high of $10.60. The stock has a 50 day moving average of $10.30 and a 200-day moving average of $10.21.

About Mountain & Co. I Acquisition Corp.

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Mountain & Co I Acquisition 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 in consumer Internet and B2B digital infrastructure sectors.

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