Levin Capital Strategies L.P. Has $2.29 Million Stock Position in AltC Acquisition Corp. (NYSE:ALCC)

Levin Capital Strategies L.P. decreased its position in shares of AltC Acquisition Corp. (NYSE:ALCC) by 18.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 217,100 shares of the company’s stock after selling 50,000 shares during the quarter. Levin Capital Strategies L.P. owned about 0.71% of AltC Acquisition worth $2,293,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. FNY Investment Advisers LLC lifted its stake in AltC Acquisition by 24.3% in the fourth quarter. FNY Investment Advisers LLC now owns 87,250 shares of the company’s stock valued at $921,000 after buying an additional 17,049 shares during the period. Schonfeld Strategic Advisors LLC acquired a new position in shares of AltC Acquisition during the third quarter valued at about $931,000. K2 Principal Fund L.P. bought a new position in shares of AltC Acquisition during the 3rd quarter worth about $1,478,000. Citigroup Inc. acquired a new stake in shares of AltC Acquisition in the 3rd quarter valued at about $2,588,000. Finally, Hsbc Holdings PLC increased its position in AltC Acquisition by 40.6% in the 3rd quarter. Hsbc Holdings PLC now owns 492,187 shares of the company’s stock valued at $5,092,000 after buying an additional 142,188 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

AltC Acquisition Trading Down 7.5 %

Shares of NYSE ALCC traded down $1.04 during midday trading on Thursday, hitting $12.90. 1,687,378 shares of the stock traded hands, compared to its average volume of 560,662. AltC Acquisition Corp. has a one year low of $10.24 and a one year high of $17.49. The business has a 50 day moving average price of $11.84 and a two-hundred day moving average price of $10.98.

AltC Acquisition Profile

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.