Balyasny Beefs Up its Stake in AMC

According to a recent Form 13F filing submitted to the SEC, Balyasny Asset Management LLC disclosed a noteworthy and bullish position in AMC stock. Here’s what you need to know about AMC Entertainment Holdings, Inc., as well as Balyasny Asset Management’s position in shares of AMC stock:

About AMC Entertainment Holdings, Inc. (NYSE: AMC)

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas. Learn more about AMC Entertainment Holdings, Inc. on their website here

Balyasny Asset Management Position in AMC

According to the most recent 13F filed by Balyasny Asset Management, the firm added 314,499 shares of AMC stock to it holdings in the recent quarter. That brings their total long position in AMC Entertainment Holdings, Inc. to 385,651 shares, representing approximately 0.0751% of the entire 513,329,991 AMC shares outstanding. Based on the most recent closing price of $7.34 per share of AMC, the entire Balyasny Asset Management position in AMC Entertainment Holdings, Inc. stock is worth roughly $2,830,678.34.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Balyasny Asset Management. Also be sure to check out more recent 13F filing analysis news here.