Crossingbridge Advisors LLC Buys 258,390 Shares of Cartesian Growth Co. II (NASDAQ:RENE)

Crossingbridge Advisors LLC boosted its stake in shares of Cartesian Growth Co. II (NASDAQ:RENE) by 48.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 790,263 shares of the company’s stock after acquiring an additional 258,390 shares during the period. Cartesian Growth Co. II comprises about 7.0% of Crossingbridge Advisors LLC’s holdings, making the stock its 4th biggest holding. Crossingbridge Advisors LLC’s holdings in Cartesian Growth Co. II were worth $9,061,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Logan Stone Capital LLC acquired a new stake in shares of Cartesian Growth Co. II in the second quarter worth approximately $282,000. Clear Street LLC acquired a new position in Cartesian Growth Co. II in the 2nd quarter valued at $437,000. Wolverine Asset Management LLC lifted its holdings in Cartesian Growth Co. II by 16.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock valued at $4,745,000 after purchasing an additional 58,469 shares in the last quarter. Cowen AND Company LLC boosted its stake in Cartesian Growth Co. II by 8.0% during the 2nd quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock worth $5,337,000 after purchasing an additional 35,211 shares during the last quarter. Finally, Shaolin Capital Management LLC purchased a new stake in shares of Cartesian Growth Co. II during the first quarter worth $5,378,000. 58.96% of the stock is owned by hedge funds and other institutional investors.

Cartesian Growth Co. II Price Performance

NASDAQ:RENE opened at $11.62 on Tuesday. Cartesian Growth Co. II has a twelve month low of $10.88 and a twelve month high of $11.67. The company’s 50-day moving average price is $11.53 and its 200-day moving average price is $11.39.

Cartesian Growth Co. II Profile

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.