K2 Principal Fund L.P. Makes New $550,000 Investment in SDCL EDGE Acquisition Co. (NYSE:SEDA)

K2 Principal Fund L.P. acquired a new stake in shares of SDCL EDGE Acquisition Co. (NYSE:SEDA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 50,000 shares of the company’s stock, valued at approximately $550,000. K2 Principal Fund L.P. owned about 0.28% of SDCL EDGE Acquisition at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SEDA. Cohanzick Management LLC lifted its position in SDCL EDGE Acquisition by 88.0% during the 4th quarter. Cohanzick Management LLC now owns 213,680 shares of the company’s stock worth $2,303,000 after acquiring an additional 100,000 shares during the period. Berkley W R Corp raised its stake in shares of SDCL EDGE Acquisition by 136.5% in the fourth quarter. Berkley W R Corp now owns 641,040 shares of the company’s stock worth $6,898,000 after purchasing an additional 369,963 shares during the last quarter. Flow State Investments L.P. acquired a new stake in shares of SDCL EDGE Acquisition during the fourth quarter worth about $1,617,000. Mizuho Securities USA LLC boosted its position in SDCL EDGE Acquisition by 6.9% in the first quarter. Mizuho Securities USA LLC now owns 599,263 shares of the company’s stock valued at $6,502,000 after buying an additional 38,623 shares during the last quarter. Finally, Virtu Financial LLC increased its holdings in SDCL EDGE Acquisition by 66.6% in the 1st quarter. Virtu Financial LLC now owns 24,515 shares of the company’s stock worth $268,000 after buying an additional 9,797 shares during the period. 67.87% of the stock is owned by institutional investors and hedge funds.

SDCL EDGE Acquisition Price Performance

Shares of NYSE:SEDA opened at $11.45 on Tuesday. SDCL EDGE Acquisition Co. has a 12-month low of $10.56 and a 12-month high of $14.92. The business has a 50 day moving average of $11.26 and a two-hundred day moving average of $11.15.

SDCL EDGE Acquisition Profile

SDCL EDGE Acquisition Corporation does not have significant operations. It intends to pursue opportunities in the energy, built environment, and transport sectors. The company was incorporated in 2021 and is based in New York, New York.