Spring Valley Acquisition Corp. II (NASDAQ:SVII) Shares Purchased by Spartan Fund Management Inc.

Spartan Fund Management Inc. increased its position in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII) by 3,239.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,856 shares of the company’s stock after purchasing an additional 50,303 shares during the period. Spring Valley Acquisition Corp. II makes up approximately 1.8% of Spartan Fund Management Inc.’s portfolio, making the stock its 21st largest position. Spartan Fund Management Inc. owned about 0.23% of Spring Valley Acquisition Corp. II worth $583,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Walleye Trading LLC acquired a new stake in shares of Spring Valley Acquisition Corp. II during the 1st quarter worth about $266,000. Virtu Financial LLC acquired a new position in shares of Spring Valley Acquisition Corp. II during the first quarter worth $541,000. Periscope Capital Inc. raised its holdings in Spring Valley Acquisition Corp. II by 10.7% in the first quarter. Periscope Capital Inc. now owns 553,501 shares of the company’s stock valued at $6,083,000 after acquiring an additional 53,501 shares in the last quarter. Cowen AND Company LLC raised its holdings in Spring Valley Acquisition Corp. II by 15.7% in the second quarter. Cowen AND Company LLC now owns 407,731 shares of the company’s stock valued at $4,534,000 after acquiring an additional 55,238 shares in the last quarter. Finally, Sandia Investment Management LP acquired a new stake in Spring Valley Acquisition Corp. II in the first quarter valued at $1,015,000. 89.78% of the stock is owned by hedge funds and other institutional investors.

Spring Valley Acquisition Corp. II Stock Up 0.1 %

SVII stock traded up $0.01 during trading on Tuesday, hitting $11.36. 762,433 shares of the company’s stock traded hands, compared to its average volume of 110,805. Spring Valley Acquisition Corp. II has a 52 week low of $10.72 and a 52 week high of $11.50. The stock has a fifty day moving average price of $11.24 and a two-hundred day moving average price of $11.15.

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.