AQR Arbitrage LLC Cuts Stock Position in Launch One Acquisition Corp. (NASDAQ:LPAA)

AQR Arbitrage LLC trimmed its holdings in Launch One Acquisition Corp. (NASDAQ:LPAA) by 22.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,575,742 shares of the company’s stock after selling 448,554 shares during the period. AQR Arbitrage LLC owned about 5.48% of Launch One Acquisition worth $15,820,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Virtu Financial LLC purchased a new position in Launch One Acquisition in the 3rd quarter worth approximately $270,000. Tuttle Capital Management LLC bought a new stake in shares of Launch One Acquisition during the fourth quarter valued at approximately $402,000. Dakota Wealth Management lifted its holdings in shares of Launch One Acquisition by 13.8% in the fourth quarter. Dakota Wealth Management now owns 23,550 shares of the company’s stock worth $237,000 after buying an additional 2,850 shares in the last quarter. Robinson Capital Management LLC boosted its position in shares of Launch One Acquisition by 12,420.4% during the fourth quarter. Robinson Capital Management LLC now owns 31,301 shares of the company’s stock worth $314,000 after acquiring an additional 31,051 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its stake in Launch One Acquisition by 2,740.2% during the fourth quarter. Wolverine Asset Management LLC now owns 510,891 shares of the company’s stock valued at $5,134,000 after acquiring an additional 492,903 shares in the last quarter.

Launch One Acquisition Trading Up 0.1 %

Shares of LPAA stock opened at $10.29 on Thursday. The company’s fifty day simple moving average is $10.21 and its two-hundred day simple moving average is $10.09. Launch One Acquisition Corp. has a 52 week low of $9.66 and a 52 week high of $10.70.

About Launch One Acquisition

Launch One Acquisition Corp. 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. Launch One Acquisition Corp. is based in New York.