Kepos Capital LP Has $384,000 Stake in Ares Acquisition Co. II (NYSE:AACT)

Kepos Capital LP lowered its stake in shares of Ares Acquisition Co. II (NYSE:AACT) by 90.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 35,000 shares of the company’s stock after selling 340,000 shares during the period. Ares Acquisition Co. II makes up approximately 0.4% of Kepos Capital LP’s portfolio, making the stock its 21st biggest holding. Kepos Capital LP’s holdings in Ares Acquisition Co. II were worth $384,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FNY Investment Advisers LLC bought a new position in shares of Ares Acquisition Co. II in the fourth quarter valued at approximately $1,110,000. Wolverine Asset Management LLC grew its holdings in Ares Acquisition Co. II by 17.7% during the fourth quarter. Wolverine Asset Management LLC now owns 808,594 shares of the company’s stock valued at $8,878,000 after purchasing an additional 121,655 shares during the period. Finally, Decagon Asset Management LLP bought a new position in Ares Acquisition Co. II during the fourth quarter valued at $4,089,000. 72.95% of the stock is owned by institutional investors.

Ares Acquisition Co. II Price Performance

Shares of NYSE AACT opened at $11.20 on Friday. The stock has a fifty day simple moving average of $11.05 and a two-hundred day simple moving average of $10.94. Ares Acquisition Co. II has a 1-year low of $10.55 and a 1-year high of $11.20.

Ares Acquisition Co. II Company Profile

Ares Acquisition Corp. II is a blank check company which engages in effecting a merger, share exchange, asset acquisition, share purchase, and reorganization or similar business combination. The company was founded on March 15, 2021 and is headquartered in New York, NY.