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Picton Mahoney Asset Management Trims Stock Holdings in Cartesian Growth Co. II (NASDAQ:RENE)

Picton Mahoney Asset Management cut its holdings in shares of Cartesian Growth Co. II (NASDAQ:RENE - Free Report) by 43.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 650,430 shares of the company's stock after selling 500,000 shares during the quarter. Picton Mahoney Asset Management owned approximately 2.26% of Cartesian Growth Co. II worth $7,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RENE. Wolverine Asset Management LLC acquired a new position in shares of Cartesian Growth Co. II in the 3rd quarter worth approximately $3,882,000. Wealthspring Capital LLC increased its stake in Cartesian Growth Co. II by 0.3% during the fourth quarter. Wealthspring Capital LLC now owns 382,301 shares of the company's stock valued at $4,186,000 after purchasing an additional 1,305 shares during the last quarter. Cowen AND Company LLC raised its holdings in shares of Cartesian Growth Co. II by 2,758.2% during the third quarter. Cowen AND Company LLC now owns 562,526 shares of the company's stock worth $6,109,000 after purchasing an additional 542,845 shares during the period. Westchester Capital Management LLC lifted its position in shares of Cartesian Growth Co. II by 2.4% in the 3rd quarter. Westchester Capital Management LLC now owns 1,149,349 shares of the company's stock worth $12,413,000 after buying an additional 27,367 shares during the last quarter. Finally, Schechter Investment Advisors LLC boosted its holdings in shares of Cartesian Growth Co. II by 1,509.0% in the 3rd quarter. Schechter Investment Advisors LLC now owns 1,381,322 shares of the company's stock valued at $14,918,000 after buying an additional 1,295,471 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.

Cartesian Growth Co. II Trading Down 0.0 %


NASDAQ:RENE traded down $0.01 during midday trading on Wednesday, reaching $11.21. 4,247 shares of the company traded hands, compared to its average volume of 56,982. Cartesian Growth Co. II has a twelve month low of $10.55 and a twelve month high of $11.92. The company has a fifty day moving average price of $11.14 and a 200 day moving average price of $11.02.

Cartesian Growth Co. II Company Profile

(Free Report)

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.

Further Reading

Institutional Ownership by Quarter for Cartesian Growth Co. II (NASDAQ:RENE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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