Cartesian Growth Co. II (NASDAQ:RENE) Shares Sold by Berkley W R Corp

Berkley W R Corp reduced its position in Cartesian Growth Co. II (NASDAQ:RENE) by 43.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 608,180 shares of the company’s stock after selling 458,115 shares during the quarter. Cartesian Growth Co. II makes up approximately 0.3% of Berkley W R Corp’s portfolio, making the stock its 16th biggest position. Berkley W R Corp’s holdings in Cartesian Growth Co. II were worth $7,091,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in shares of Cartesian Growth Co. II during the third quarter worth about $118,000. Spartan Fund Management Inc. purchased a new stake in Cartesian Growth Co. II during the fourth quarter worth approximately $295,000. Alpine Global Management LLC purchased a new stake in Cartesian Growth Co. II during the fourth quarter worth approximately $2,332,000. Finally, Mizuho Securities USA LLC lifted its stake in Cartesian Growth Co. II by 7.1% during the fourth quarter. Mizuho Securities USA LLC now owns 1,057,800 shares of the company’s stock worth $12,270,000 after purchasing an additional 70,300 shares during the last quarter. 58.96% of the stock is owned by institutional investors and hedge funds.

Cartesian Growth Co. II Price Performance

RENE stock opened at $11.92 on Tuesday. Cartesian Growth Co. II has a twelve month low of $11.21 and a twelve month high of $11.94. The business has a 50 day simple moving average of $11.84 and a 200-day simple moving average of $11.72.

About Cartesian Growth Co. II

Cartesian Growth Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 13, 2021 and is headquartered in New York, NY.