Investing

Millennium Management Ups Stake in Project Energy Reimagined Acquisition Corp - Class A (PEGR)

Marco_Bonfanti / iStock via Getty Images

Fintel reports that Millennium Management Llc has filed a 13G/A form with the SEC disclosing ownership of 1,716,723 shares of Project Energy Reimagined Acquisition Corp – Class A (PEGR). This represents 6.5% of the company.

In their previous filing dated March 10, 2022 they reported 1,425,181 shares and 5.40% of the company, an increase in shares of 20.46% and an increase in total ownership of 1.10% (calculated as current – previous percent ownership).

What are other large shareholders doing?

Radcliffe Capital Management, L.P. holds 2,357,047 shares representing 7.15% ownership of the company. No change in the last quarter.

Citadel Advisors Llc holds 2,214,105 shares representing 6.72% ownership of the company. In it’s prior filing, the firm reported owning 2,179,458 shares, representing an increase of 1.56%. The firm decreased its portfolio allocation in PEGR by 8.85% over the last quarter.

Atalaya Capital Management LP holds 1,979,999 shares representing 6.01% ownership of the company. No change in the last quarter.

Oasis Management Co Ltd. holds 1,700,000 shares representing 5.16% ownership of the company. No change in the last quarter.

Cowen And Company, Llc holds 1,500,000 shares representing 4.55% ownership of the company. No change in the last quarter.

What is the overall Fund Sentiment?

There are 54 funds or institutions reporting positions in Project Energy Reimagined Acquisition Corp – Class A. This is an increase of 8 owner(s) or 17.39%.

Average portfolio weight of all funds dedicated to Project Energy Reimagined Acquisition Corp – Class A is 0.2087%, a decrease of 12.5722%. Total shares owned by institutions increased in the last three months by 5.82% to 23,215,125 shares.

Fintel’s Fund Sentiment Score is a quantitative model that ranks companies from zero to 100 based on Fund Sentiment. Fund Sentiment is important because it tells you if funds are buying or selling – and in particular how the company ranks compared to other companies in the investing universe. Click to see the Fintel Fund Sentiment Score for PEGR / Project Energy Reimagined Acquisition Corp – Class A.

This article originally appeared on Fintel

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.