Hsbc Holdings PLC raised its stake in Twelve Seas Investment Company II (NASDAQ:TWLV – Get Rating) by 617.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 464,798 shares of the company’s stock after buying an additional 399,998 shares during the quarter. Hsbc Holdings PLC owned 1.05% of Twelve Seas Investment Company II worth $4,578,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in TWLV. Hudson Bay Capital Management LP increased its holdings in shares of Twelve Seas Investment Company II by 15.2% in the second quarter. Hudson Bay Capital Management LP now owns 1,514,172 shares of the company’s stock worth $14,809,000 after acquiring an additional 200,000 shares in the last quarter. Aristeia Capital LLC increased its holdings in shares of Twelve Seas Investment Company II by 1.5% in the second quarter. Aristeia Capital LLC now owns 1,366,793 shares of the company’s stock worth $13,354,000 after acquiring an additional 20,000 shares in the last quarter. Periscope Capital Inc. increased its holdings in shares of Twelve Seas Investment Company II by 5.6% in the third quarter. Periscope Capital Inc. now owns 1,039,080 shares of the company’s stock worth $10,230,000 after acquiring an additional 54,980 shares in the last quarter. Sculptor Capital LP increased its holdings in shares of Twelve Seas Investment Company II by 33.9% in the second quarter. Sculptor Capital LP now owns 837,131 shares of the company’s stock worth $8,179,000 after acquiring an additional 212,132 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of Twelve Seas Investment Company II in the first quarter worth about $6,546,000. Institutional investors and hedge funds own 67.68% of the company’s stock.
Twelve Seas Investment Company II Trading Up 0.3 %
NASDAQ:TWLV opened at $10.20 on Friday. Twelve Seas Investment Company II has a 52-week low of $9.69 and a 52-week high of $10.70. The stock has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $9.96.
Twelve Seas Investment Company II Profile
Twelve Seas Investment Company II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
Further Reading
- Get a free copy of the StockNews.com research report on Twelve Seas Investment Company II (TWLV)
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