Berkley W R Corp Sells 398,922 Shares of CSLM Acquisition Corp. (NASDAQ:CSLM)

Berkley W R Corp decreased its position in CSLM Acquisition Corp. (NASDAQ:CSLM - Free Report) by 80.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,403 shares of the company's stock after selling 398,922 shares during the quarter. Berkley W R Corp owned 1.03% of CSLM Acquisition worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Spartan Fund Management Inc. lifted its holdings in shares of CSLM Acquisition by 72.4% in the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company's stock worth $228,000 after acquiring an additional 8,508 shares during the last quarter. K2 Principal Fund L.P. bought a new stake in CSLM Acquisition in the second quarter worth $1,172,000. Finally, Logan Stone Capital LLC purchased a new stake in CSLM Acquisition during the second quarter valued at about $1,571,000. Hedge funds and other institutional investors own 46.80% of the company's stock.

CSLM Acquisition Stock Performance

Shares of CSLM remained flat at $11.35 during trading hours on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 1,376. CSLM Acquisition Corp. has a 1 year low of $10.79 and a 1 year high of $12.42. The company's 50-day moving average is $11.32 and its 200 day moving average is $11.28.

About CSLM Acquisition

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.