Westchester Capital Management LLC Increases Stake in TCV Acquisition Corp. (NASDAQ:TCVA)

Westchester Capital Management LLC raised its position in TCV Acquisition Corp. (NASDAQ:TCVA – Get Rating) by 151.0% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 765,079 shares of the company’s stock after purchasing an additional 460,218 shares during the period. Westchester Capital Management LLC owned 1.50% of TCV Acquisition worth $7,498,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Condor Capital Management purchased a new stake in TCV Acquisition in the 3rd quarter valued at about $69,000. Schechter Investment Advisors LLC acquired a new position in shares of TCV Acquisition during the third quarter worth about $2,188,000. Aristeia Capital LLC acquired a new position in shares of TCV Acquisition during the third quarter worth about $13,163,000. Toronto Dominion Bank acquired a new position in shares of TCV Acquisition during the third quarter worth about $2,454,000. Finally, Marshall Wace LLP lifted its stake in TCV Acquisition by 182.6% during the third quarter. Marshall Wace LLP now owns 1,949,722 shares of the company’s stock worth $19,107,000 after purchasing an additional 1,259,722 shares during the last quarter. Hedge funds and other institutional investors own 74.23% of the company’s stock.

TCV Acquisition Stock Performance

TCVA stock opened at $10.20 on Thursday. TCV Acquisition Corp. has a fifty-two week low of $9.70 and a fifty-two week high of $10.50. The business has a 50 day moving average price of $10.13 and a 200 day moving average price of $9.98.

TCV Acquisition Profile

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TCV Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Menlo Park, California.