11,647 Shares in Prospector Capital Corp. (NASDAQ:PRSR) Bought by Verition Fund Management LLC

Verition Fund Management LLC acquired a new stake in shares of Prospector Capital Corp. (NASDAQ:PRSR – Get Rating) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,647 shares of the company’s stock, valued at approximately $116,000.

A number of other hedge funds have also recently modified their holdings of the business. Bank of Montreal Can grew its holdings in Prospector Capital by 80.4% in the first quarter. Bank of Montreal Can now owns 33,196 shares of the company’s stock worth $325,000 after purchasing an additional 14,790 shares during the period. Basso Capital Management L.P. grew its holdings in Prospector Capital by 11.2% in the first quarter. Basso Capital Management L.P. now owns 20,381 shares of the company’s stock worth $200,000 after purchasing an additional 2,054 shares during the period. Sculptor Capital LP grew its holdings in Prospector Capital by 87.2% in the first quarter. Sculptor Capital LP now owns 1,084,646 shares of the company’s stock worth $10,640,000 after purchasing an additional 505,160 shares during the period. Kohlberg Kravis Roberts & Co. L.P. grew its holdings in Prospector Capital by 342.6% in the first quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 107,277 shares of the company’s stock worth $1,052,000 after purchasing an additional 83,039 shares during the period. Finally, Saba Capital Management L.P. grew its holdings in Prospector Capital by 27.9% in the first quarter. Saba Capital Management L.P. now owns 285,390 shares of the company’s stock worth $2,800,000 after purchasing an additional 62,224 shares during the period. Institutional investors own 75.42% of the company’s stock.

Prospector Capital Stock Performance

Shares of PRSR opened at $9.95 on Friday. Prospector Capital Corp. has a fifty-two week low of $9.74 and a fifty-two week high of $10.46. The firm’s 50-day simple moving average is $10.02 and its two-hundred day simple moving average is $10.01.

Prospector Capital Company Profile

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Prospector Capital Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in La Jolla, California.