Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Shares Bought by Berkley W R Corp

Berkley W R Corp raised its position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 636.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,095,681 shares of the company’s stock after buying an additional 946,805 shares during the period. Inflection Point Acquisition Corp. II comprises about 0.5% of Berkley W R Corp’s portfolio, making the stock its 19th largest holding. Berkley W R Corp owned approximately 3.51% of Inflection Point Acquisition Corp. II worth $11,614,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Picton Mahoney Asset Management boosted its holdings in shares of Inflection Point Acquisition Corp. II by 250.0% during the 1st quarter. Picton Mahoney Asset Management now owns 875,000 shares of the company’s stock worth $9,157,000 after purchasing an additional 625,000 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of Inflection Point Acquisition Corp. II by 20,059.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock worth $4,906,000 after purchasing an additional 460,554 shares during the last quarter. Bulldog Investors LLP boosted its holdings in shares of Inflection Point Acquisition Corp. II by 290.5% during the 4th quarter. Bulldog Investors LLP now owns 567,297 shares of the company’s stock worth $5,860,000 after purchasing an additional 422,021 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of Inflection Point Acquisition Corp. II during the 4th quarter worth approximately $2,582,000. Finally, Cowen AND Company LLC boosted its holdings in shares of Inflection Point Acquisition Corp. II by 55.2% during the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock worth $4,303,000 after purchasing an additional 144,367 shares during the last quarter.

Inflection Point Acquisition Corp. II Stock Performance

Shares of Inflection Point Acquisition Corp. II stock opened at $10.73 on Tuesday. The stock’s 50 day simple moving average is $10.68 and its 200-day simple moving average is $10.58. Inflection Point Acquisition Corp. II has a 1-year low of $10.19 and a 1-year high of $11.00.

Inflection Point Acquisition Corp. II Company Profile

Inflection Point Acquisition Corp. II 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. The company was incorporated in 2023 and is based in New York, New York.