Wolverine Asset Management LLC Reduces Stake in Cartesian Growth Co. II (NASDAQ:RENE)

Wolverine Asset Management LLC lowered its holdings in Cartesian Growth Co. II (NASDAQ:RENE) by 38.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 257,254 shares of the company’s stock after selling 157,767 shares during the period. Wolverine Asset Management LLC’s holdings in Cartesian Growth Co. II were worth $3,000,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Virtu Financial LLC purchased a new stake in shares of Cartesian Growth Co. II in the 3rd quarter valued at about $118,000. Westchester Capital Management LLC raised its holdings in shares of Cartesian Growth Co. II by 28.8% in the 3rd quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock valued at $18,466,000 after acquiring an additional 359,991 shares in the last quarter. Crossingbridge Advisors LLC raised its holdings in shares of Cartesian Growth Co. II by 48.6% in the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock valued at $9,061,000 after acquiring an additional 258,390 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in shares of Cartesian Growth Co. II by 151.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock valued at $11,307,000 after acquiring an additional 594,424 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Cartesian Growth Co. II Stock Down 0.4 %

NASDAQ:RENE opened at $11.67 on Friday. The business’s 50-day moving average price is $11.72 and its two-hundred day moving average price is $11.58. Cartesian Growth Co. II has a twelve month low of $11.05 and a twelve month high of $11.80.

Cartesian Growth Co. II Company Profile

Cartesian Growth Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 13, 2021 and is headquartered in New York, NY.