Tuttle Capital Management LLC Trims Stock Position in Twelve Seas Investment Company II (NASDAQ:TWLV)

Tuttle Capital Management LLC lessened its holdings in shares of Twelve Seas Investment Company II (NASDAQ:TWLVGet Rating) by 25.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,888 shares of the company’s stock after selling 32,789 shares during the period. Twelve Seas Investment Company II makes up 1.8% of Tuttle Capital Management LLC’s holdings, making the stock its 14th biggest position. Tuttle Capital Management LLC owned approximately 0.22% of Twelve Seas Investment Company II worth $735,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Karpus Management Inc. increased its holdings in Twelve Seas Investment Company II by 2.2% in the fourth quarter. Karpus Management Inc. now owns 3,229,733 shares of the company’s stock valued at $31,328,000 after buying an additional 70,034 shares in the last quarter. Marshall Wace LLP increased its holdings in Twelve Seas Investment Company II by 6.6% in the fourth quarter. Marshall Wace LLP now owns 1,632,155 shares of the company’s stock valued at $15,831,000 after buying an additional 100,649 shares in the last quarter. D. E. Shaw & Co. Inc. increased its holdings in Twelve Seas Investment Company II by 174.9% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 974,130 shares of the company’s stock valued at $9,449,000 after buying an additional 619,790 shares in the last quarter. Glazer Capital LLC increased its holdings in Twelve Seas Investment Company II by 1,943.7% in the fourth quarter. Glazer Capital LLC now owns 499,814 shares of the company’s stock valued at $4,848,000 after buying an additional 475,358 shares in the last quarter. Finally, Saba Capital Management L.P. increased its holdings in Twelve Seas Investment Company II by 158.4% in the fourth quarter. Saba Capital Management L.P. now owns 491,515 shares of the company’s stock valued at $4,768,000 after buying an additional 301,331 shares in the last quarter. Hedge funds and other institutional investors own 56.80% of the company’s stock.

Twelve Seas Investment Company II Price Performance

TWLV opened at $9.83 on Tuesday. Twelve Seas Investment Company II has a fifty-two week low of $9.62 and a fifty-two week high of $10.00. The company has a fifty day moving average of $9.79 and a two-hundred day moving average of $9.76.

Twelve Seas Investment Company II Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Twelve Seas Investment Company II (NASDAQ:TWLV)

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