LMR Partners LLP acquired a new stake in shares of HCM II Acquisition Corp. (NASDAQ:HOND – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,500,000 shares of the company’s stock, valued at approximately $15,030,000. LMR Partners LLP owned 5.22% of HCM II Acquisition as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. Wolverine Asset Management LLC purchased a new stake in HCM II Acquisition during the fourth quarter valued at $7,675,000. Deltec Asset Management LLC bought a new position in shares of HCM II Acquisition in the 4th quarter worth approximately $1,503,000. Bulldog Investors LLP purchased a new position in shares of HCM II Acquisition in the fourth quarter worth approximately $3,506,000. Picton Mahoney Asset Management bought a new stake in HCM II Acquisition during the fourth quarter valued at approximately $19,840,000. Finally, AQR Arbitrage LLC purchased a new stake in HCM II Acquisition during the fourth quarter valued at approximately $15,670,000.
HCM II Acquisition Stock Up 0.5%
Shares of HOND stock opened at $10.90 on Monday. HCM II Acquisition Corp. has a 1 year low of $9.90 and a 1 year high of $11.19. The company’s fifty day simple moving average is $10.56.
About HCM II Acquisition
HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.
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