Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Shares Purchased by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 42.4% in the third quarter, Holdings Channel.com reports. The firm owned 2,000,100 shares of the company’s stock after acquiring an additional 595,250 shares during the quarter. Inflection Point Acquisition Corp. II makes up about 0.4% of Mizuho Securities USA LLC’s holdings, making the stock its 27th largest position. Mizuho Securities USA LLC owned 0.06% of Inflection Point Acquisition Corp. II worth $21,441,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in Inflection Point Acquisition Corp. II in the first quarter valued at about $720,000. Cowen AND Company LLC lifted its position in Inflection Point Acquisition Corp. II by 55.2% in the second quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock valued at $4,303,000 after purchasing an additional 144,367 shares during the period. Wolverine Asset Management LLC increased its holdings in Inflection Point Acquisition Corp. II by 20,059.0% in the second quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after buying an additional 460,554 shares in the last quarter. Shaolin Capital Management LLC purchased a new position in Inflection Point Acquisition Corp. II in the second quarter valued at about $6,229,000. Finally, Berkley W R Corp increased its holdings in Inflection Point Acquisition Corp. II by 636.0% in the second quarter. Berkley W R Corp now owns 1,095,681 shares of the company’s stock valued at $11,614,000 after buying an additional 946,805 shares in the last quarter.

Inflection Point Acquisition Corp. II Price Performance

Shares of Inflection Point Acquisition Corp. II stock opened at $10.72 on Thursday. Inflection Point Acquisition Corp. II has a 12-month low of $10.27 and a 12-month high of $11.00. The company has a 50-day moving average of $10.76 and a two-hundred day moving average of $10.66.

Inflection Point Acquisition Corp. II Company Profile

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.