Berkley W R Corp Sells 340,105 Shares of Cartesian Growth Co. II (NASDAQ:RENE)

Berkley W R Corp lessened its stake in Cartesian Growth Co. II (NASDAQ:RENE - Free Report) by 24.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,066,295 shares of the company's stock after selling 340,105 shares during the period. Cartesian Growth Co. II comprises 0.7% of Berkley W R Corp's portfolio, making the stock its 14th biggest holding. Berkley W R Corp owned approximately 4.93% of Cartesian Growth Co. II worth $12,230,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in RENE. Westchester Capital Management LLC increased its stake in Cartesian Growth Co. II by 28.8% in the third 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 during the period. Crossingbridge Advisors LLC boosted its stake in 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 buying an additional 258,390 shares in the last quarter. Mizuho Securities USA LLC grew its position in Cartesian Growth Co. II by 151.2% in the third 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 during the period. Shaolin Capital Management LLC raised its stake in Cartesian Growth Co. II by 34.3% during the second quarter. Shaolin Capital Management LLC now owns 650,000 shares of the company's stock worth $7,329,000 after acquiring an additional 165,931 shares in the last quarter. Finally, Logan Stone Capital LLC bought a new position in shares of Cartesian Growth Co. II during the second quarter valued at $282,000. 58.96% of the stock is owned by institutional investors and hedge funds.

Cartesian Growth Co. II Stock Performance

Shares of RENE remained flat at $11.64 during trading hours on Friday. 1,528 shares of the stock traded hands, compared to its average volume of 5,041. The company's 50 day moving average price is $11.55 and its two-hundred day moving average price is $11.40. Cartesian Growth Co. II has a fifty-two week low of $10.90 and a fifty-two week high of $11.67.

About Cartesian Growth Co. II

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.