AQR Arbitrage LLC Takes Position in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV)

AQR Arbitrage LLC bought a new position in shares of M3-Brigade Acquisition V Corp. (NASDAQ:MBAV - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,480,609 shares of the company's stock, valued at approximately $14,895,000. AQR Arbitrage LLC owned approximately 4.12% of M3-Brigade Acquisition V as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Whitebox Advisors LLC purchased a new position in M3-Brigade Acquisition V during the 4th quarter valued at about $1,509,000. Schonfeld Strategic Advisors LLC acquired a new stake in M3-Brigade Acquisition V during the 4th quarter valued at $1,273,000. Crossingbridge Advisors LLC acquired a new position in shares of M3-Brigade Acquisition V in the fourth quarter worth $452,000. Heights Capital Management Inc. acquired a new position in M3-Brigade Acquisition V in the 4th quarter valued at about $1,006,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in M3-Brigade Acquisition V in the 4th quarter valued at $578,000.

M3-Brigade Acquisition V Trading Up 0.1 %

Shares of NASDAQ:MBAV traded up $0.01 during midday trading on Tuesday, hitting $10.36. 2,132 shares of the company's stock traded hands, compared to its average volume of 57,599. The firm has a fifty day moving average price of $10.23. M3-Brigade Acquisition V Corp. has a twelve month low of $9.97 and a twelve month high of $10.90.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.