Slam Corp. (NASDAQ:SLAM) Holdings Trimmed by Hsbc Holdings PLC

Hsbc Holdings PLC cut its holdings in Slam Corp. (NASDAQ:SLAMFree Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 168,079 shares of the company’s stock after selling 4,300 shares during the quarter. Hsbc Holdings PLC owned about 0.42% of Slam worth $1,820,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Gabelli Funds LLC raised its holdings in shares of Slam by 32.1% in the 3rd quarter. Gabelli Funds LLC now owns 221,219 shares of the company’s stock worth $2,385,000 after purchasing an additional 53,800 shares in the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Slam by 37.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 1,771,000 shares of the company’s stock worth $19,038,000 after acquiring an additional 483,633 shares in the last quarter. Cowen AND Company LLC grew its holdings in shares of Slam by 95.6% in the 3rd quarter. Cowen AND Company LLC now owns 1,860,843 shares of the company’s stock worth $20,060,000 after acquiring an additional 909,440 shares during the last quarter. AQR Arbitrage LLC acquired a new stake in shares of Slam during the third quarter worth $2,695,000. Finally, Shaolin Capital Management LLC lifted its holdings in shares of Slam by 181.3% during the third quarter. Shaolin Capital Management LLC now owns 325,000 shares of the company’s stock valued at $3,504,000 after purchasing an additional 725,000 shares during the last quarter. 87.25% of the stock is owned by institutional investors and hedge funds.

Slam Price Performance

Shares of SLAM opened at $11.08 on Friday. The business’s 50-day moving average price is $11.06 and its 200 day moving average price is $10.95. Slam Corp. has a 1-year low of $10.56 and a 1-year high of $11.17.

Slam (NASDAQ:SLAMGet Free Report) last released its quarterly earnings results on Thursday, May 16th. The company reported ($0.04) earnings per share (EPS) for the quarter.

Slam Company Profile

(Free Report)

Slam 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. The company was incorporated in 2020 and is based in New York, New York.

Further Reading

Institutional Ownership by Quarter for Slam (NASDAQ:SLAM)

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