Mizuho Securities USA LLC Boosts Holdings in Spring Valley Acquisition Corp. II (NASDAQ:SVII)

Key Points

• Mizuho Securities USA LLC increased its stake in Spring Valley Acquisition Corp. II by 16.1%, now holding a total of 204,004 shares valued at approximately $2.3 million.
• Institutional investors currently own about 89.78% of Spring Valley Acquisition Corp. II, with other notable stakeholders including Geode Capital Management and Tidal Investments.
• The stock is currently trading at $11.95, with a one-year price range between $11.12 and $12.74.

Mizuho Securities USA LLC grew its stake in Spring Valley Acquisition Corp. II (NASDAQ:SVII - Free Report) by 16.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,004 shares of the company's stock after acquiring an additional 28,336 shares during the period. Mizuho Securities USA LLC owned 2.06% of Spring Valley Acquisition Corp. II worth $2,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SVII. Geode Capital Management LLC grew its stake in Spring Valley Acquisition Corp. II by 15.3% in the 4th quarter. Geode Capital Management LLC now owns 12,670 shares of the company's stock worth $143,000 after acquiring an additional 1,679 shares in the last quarter. Toronto Dominion Bank purchased a new stake in shares of Spring Valley Acquisition Corp. II in the 4th quarter worth approximately $1,014,000. Finally, Tidal Investments LLC purchased a new stake in shares of Spring Valley Acquisition Corp. II in the 4th quarter worth approximately $147,000. 89.78% of the stock is currently owned by institutional investors.

Spring Valley Acquisition Corp. II Price Performance

Shares of SVII traded down $0.10 during mid-day trading on Friday, hitting $12.00. The company's stock had a trading volume of 6,163 shares, compared to its average volume of 62,048. The company's 50-day moving average is $11.83 and its 200-day moving average is $11.63. Spring Valley Acquisition Corp. II has a 52-week low of $11.16 and a 52-week high of $12.74.

Spring Valley Acquisition Corp. II Company Profile

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.