Spartan Fund Management Inc. Raises Holdings in Spring Valley Acquisition Corp. II (NASDAQ:SVII)

Spartan Fund Management Inc. raised its position in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII - Free Report) by 3,239.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,856 shares of the company's stock after purchasing an additional 50,303 shares during the period. Spring Valley Acquisition Corp. II comprises 1.8% of Spartan Fund Management Inc.'s portfolio, making the stock its 21st biggest position. Spartan Fund Management Inc. owned 0.23% of Spring Valley Acquisition Corp. II worth $583,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Berkley W R Corp increased its holdings in Spring Valley Acquisition Corp. II by 78.0% during the second quarter. Berkley W R Corp now owns 1,101,435 shares of the company's stock valued at $12,237,000 after buying an additional 482,767 shares during the period. Periscope Capital Inc. increased its holdings in shares of Spring Valley Acquisition Corp. II by 10.7% in the 1st quarter. Periscope Capital Inc. now owns 553,501 shares of the company's stock valued at $6,083,000 after acquiring an additional 53,501 shares during the period. Cowen AND Company LLC raised its position in shares of Spring Valley Acquisition Corp. II by 15.7% in the 2nd quarter. Cowen AND Company LLC now owns 407,731 shares of the company's stock worth $4,534,000 after acquiring an additional 55,238 shares in the last quarter. Mizuho Securities USA LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II during the 1st quarter worth $3,893,000. Finally, Sandia Investment Management LP bought a new stake in Spring Valley Acquisition Corp. II during the first quarter valued at about $1,015,000. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Spring Valley Acquisition Corp. II Stock Performance

Spring Valley Acquisition Corp. II stock traded up $0.01 during trading hours on Tuesday, reaching $11.36. The stock had a trading volume of 763,582 shares, compared to its average volume of 112,658. The business's 50 day moving average price is $11.24 and its 200-day moving average price is $11.15. Spring Valley Acquisition Corp. II has a 52 week low of $10.72 and a 52 week high of $11.50.

About Spring Valley Acquisition Corp. II

Spring Valley Acquisition Corp. II does not have significant operations. It intends effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Dallas, Texas.