Wolverine Asset Management LLC Reduces Holdings in Cartesian Growth Co. II (NASDAQ:RENE)

Wolverine Asset Management LLC lessened its position in shares of Cartesian Growth Co. II (NASDAQ:RENE) by 38.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 257,254 shares of the company’s stock after selling 157,767 shares during the period. Wolverine Asset Management LLC owned 1.19% of Cartesian Growth Co. II worth $3,000,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Virtu Financial LLC purchased a new position in shares of Cartesian Growth Co. II during the 3rd quarter valued at $118,000. Crossingbridge Advisors LLC lifted its holdings in Cartesian Growth Co. II by 48.6% during the 3rd quarter. Crossingbridge Advisors LLC now owns 790,263 shares of the company’s stock worth $9,061,000 after purchasing an additional 258,390 shares in the last quarter. Westchester Capital Management LLC lifted its holdings in Cartesian Growth Co. II by 28.8% during the 3rd quarter. Westchester Capital Management LLC now owns 1,611,362 shares of the company’s stock worth $18,466,000 after purchasing an additional 359,991 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its holdings in Cartesian Growth Co. II by 151.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 987,500 shares of the company’s stock worth $11,307,000 after purchasing an additional 594,424 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Cartesian Growth Co. II Price Performance

Shares of RENE opened at $11.67 on Friday. The stock’s 50-day simple moving average is $11.72 and its 200 day simple moving average is $11.58. Cartesian Growth Co. II has a 52-week low of $11.05 and a 52-week high of $11.80.

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.