Westchester Capital Management LLC Has $18.47 Million Position in Cartesian Growth Co. II (NASDAQ:RENE)

Westchester Capital Management LLC grew its position in shares of Cartesian Growth Co. II (NASDAQ:RENE) by 28.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,611,362 shares of the company’s stock after purchasing an additional 359,991 shares during the quarter. Cartesian Growth Co. II makes up 0.8% of Westchester Capital Management LLC’s holdings, making the stock its 24th biggest holding. Westchester Capital Management LLC owned approximately 0.07% of Cartesian Growth Co. II worth $18,466,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wolverine Asset Management LLC boosted its position in Cartesian Growth Co. II by 16.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 420,823 shares of the company’s stock worth $4,745,000 after buying an additional 58,469 shares during the period. Cowen AND Company LLC raised its stake in shares of Cartesian Growth Co. II by 8.0% during the second quarter. Cowen AND Company LLC now owns 473,383 shares of the company’s stock valued at $5,337,000 after acquiring an additional 35,211 shares during the last quarter. Clear Street LLC acquired a new position in shares of Cartesian Growth Co. II during the second quarter worth $437,000. Berkley W R Corp grew its stake in shares of Cartesian Growth Co. II by 10.1% in the second quarter. Berkley W R Corp now owns 1,406,400 shares of the company’s stock worth $15,864,000 after purchasing an additional 128,947 shares during the last quarter. Finally, Logan Stone Capital LLC acquired a new stake in Cartesian Growth Co. II in the second quarter valued at $282,000. 58.96% of the stock is currently owned by institutional investors.

Cartesian Growth Co. II Price Performance

Shares of RENE opened at $11.64 on Friday. The stock’s 50-day moving average price is $11.54 and its two-hundred day moving average price is $11.40. Cartesian Growth Co. II has a 12 month low of $10.90 and a 12 month high of $11.67.

Cartesian Growth Co. II Profile

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.