Picton Mahoney Asset Management Invests $11 Million in Andretti Acquisition Corp. II (NASDAQ:POLE)

Picton Mahoney Asset Management acquired a new stake in Andretti Acquisition Corp. II (NASDAQ:POLE) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,100,000 shares of the company’s stock, valued at approximately $10,995,000. Picton Mahoney Asset Management owned 3.73% of Andretti Acquisition Corp. II as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of POLE. Wealthspring Capital LLC bought a new stake in shares of Andretti Acquisition Corp. II during the 4th quarter worth approximately $154,000. Levin Capital Strategies L.P. acquired a new position in Andretti Acquisition Corp. II in the 4th quarter valued at $425,000. Wolverine Asset Management LLC acquired a new stake in shares of Andretti Acquisition Corp. II during the 4th quarter worth $1,964,000. Finally, Schechter Investment Advisors LLC acquired a new stake in shares of Andretti Acquisition Corp. II during the 4th quarter worth $3,755,000.

Andretti Acquisition Corp. II Stock Performance

Andretti Acquisition Corp. II stock opened at $10.11 on Friday. Andretti Acquisition Corp. II has a 12-month low of $9.94 and a 12-month high of $11.16. The company has a 50-day simple moving average of $10.06.

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.