Fintel reports that Saba Capital Management has filed a 13G/A form with the SEC disclosing ownership of 0.77MM shares of Alpha Star Acquisition Corp (ALSA). This represents 5.2% of the company.
In their previous filing dated December 23, 2021 they reported 0.68MM shares and 5.70% of the company, an increase in shares of 13.96% and a decrease in total ownership of 0.50% (calculated as current - previous percent ownership).
What is the Fund Sentiment?
There are 10 funds or institutions reporting positions in Alpha Star Acquisition. This is a decrease of 3 owner(s) or 23.08% in the last quarter. Average portfolio weight of all funds dedicated to ALSA is 0.01%, a decrease of 62.82%. Total shares owned by institutions decreased in the last three months by 28.46% to 466K shares.
What are large shareholders doing?
Walleye Capital holds 230K shares representing 1.57% ownership of the company. No change in the last quarter.
Walleye Trading holds 130K shares representing 0.88% ownership of the company. No change in the last quarter.
Rivernorth Capital Management holds 97K shares representing 0.66% ownership of the company. In it's prior filing, the firm reported owning 99K shares, representing a decrease of 1.53%. The firm increased its portfolio allocation in ALSA by 9.01% over the last quarter.
Wolverine Asset Management holds 3K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 11K shares, representing a decrease of 204.61%. The firm decreased its portfolio allocation in ALSA by 67.70% over the last quarter.
UBS Group holds 2K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 1K shares, representing an increase of 75.01%. The firm decreased its portfolio allocation in ALSA by 99.65% over the last quarter.
This story originally appeared on Fintel.
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