Zalatoris II Acquisition Corp. (NASDAQ:ZLS) is Spartan Fund Management Inc.'s 10th Largest Position

Spartan Fund Management Inc. reduced its stake in Zalatoris II Acquisition Corp. (NASDAQ:ZLS - Free Report) by 26.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,950 shares of the company's stock after selling 50,000 shares during the quarter. Zalatoris II Acquisition comprises approximately 4.6% of Spartan Fund Management Inc.'s portfolio, making the stock its 10th biggest holding. Spartan Fund Management Inc. owned approximately 1.17% of Zalatoris II Acquisition worth $1,518,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Clear Street LLC raised its stake in shares of Zalatoris II Acquisition by 46.2% during the second quarter. Clear Street LLC now owns 35,691 shares of the company's stock valued at $391,000 after acquiring an additional 11,282 shares during the last quarter. Warberg Asset Management LLC bought a new position in shares of Zalatoris II Acquisition in the 2nd quarter worth about $260,000. Mizuho Securities USA LLC lifted its holdings in shares of Zalatoris II Acquisition by 9.2% during the first quarter. Mizuho Securities USA LLC now owns 518,822 shares of the company's stock valued at $5,577,000 after purchasing an additional 43,837 shares during the last quarter. Berkley W R Corp raised its stake in Zalatoris II Acquisition by 9.5% during the second quarter. Berkley W R Corp now owns 597,009 shares of the company's stock valued at $6,537,000 after buying an additional 51,631 shares during the last quarter. Finally, Quarry LP lifted its stake in shares of Zalatoris II Acquisition by 135.7% in the second quarter. Quarry LP now owns 95,175 shares of the company's stock worth $1,043,000 after buying an additional 54,802 shares in the last quarter. 53.56% of the stock is owned by institutional investors.

Zalatoris II Acquisition Stock Performance

NASDAQ:ZLS remained flat at $10.85 during mid-day trading on Tuesday. The business has a fifty day moving average price of $10.25 and a two-hundred day moving average price of $10.70. Zalatoris II Acquisition Corp. has a 52-week low of $10.32 and a 52-week high of $11.16.

Zalatoris II Acquisition Company Profile

Zalatoris II Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in Brazil. The company was formerly known as XPAC Acquisition Corp.