LMR Partners LLP Buys Shares of 1,225,000 GP-Act III Acquisition Corp. (NASDAQ:GPAT)

LMR Partners LLP acquired a new position in shares of GP-Act III Acquisition Corp. (NASDAQ:GPAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,225,000 shares of the company’s stock, valued at approximately $12,422,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GPAT. Citadel Advisors LLC purchased a new stake in shares of GP-Act III Acquisition in the fourth quarter valued at about $103,000. Wellspring Financial Advisors LLC purchased a new stake in GP-Act III Acquisition in the 4th quarter valued at approximately $183,000. Tidal Investments LLC acquired a new stake in shares of GP-Act III Acquisition during the third quarter valued at $307,000. Wolverine Asset Management LLC raised its position in shares of GP-Act III Acquisition by 4.0% in the fourth quarter. Wolverine Asset Management LLC now owns 298,553 shares of the company’s stock valued at $3,027,000 after buying an additional 11,439 shares during the last quarter. Finally, Westchester Capital Management LLC raised its holdings in GP-Act III Acquisition by 65.5% in the 4th quarter. Westchester Capital Management LLC now owns 910,000 shares of the company’s stock valued at $9,227,000 after acquiring an additional 360,000 shares during the last quarter.

GP-Act III Acquisition Price Performance

Shares of NASDAQ:GPAT opened at $10.45 on Monday. GP-Act III Acquisition Corp. has a 12-month low of $9.98 and a 12-month high of $10.88. The stock’s 50-day moving average price is $10.34 and its two-hundred day moving average price is $10.22.

GP-Act III Acquisition Company Profile

GP-Act III Acquisition Corp. operates as a blank check company, which was created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 23, 2020 and is headquartered in New York, NY.