Sage Mountain Advisors LLC raised its stake in shares of bleuacacia ltd (NASDAQ:BLEU – Get Rating) by 410.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,600 shares of the company's stock after purchasing an additional 23,000 shares during the period. Sage Mountain Advisors LLC owned 0.10% of bleuacacia worth $279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nomura Holdings Inc. raised its holdings in shares of bleuacacia by 300.0% in the second quarter. Nomura Holdings Inc. now owns 1,000,000 shares of the company's stock worth $9,749,000 after buying an additional 750,000 shares during the period. Centiva Capital LP boosted its position in bleuacacia by 50.5% during the 2nd quarter. Centiva Capital LP now owns 451,400 shares of the company's stock valued at $4,406,000 after acquiring an additional 151,499 shares in the last quarter. Millennium Management LLC boosted its position in shares of bleuacacia by 80.2% in the 2nd quarter. Millennium Management LLC now owns 969,937 shares of the company's stock worth $9,447,000 after purchasing an additional 431,781 shares in the last quarter. Spartan Fund Management Inc. acquired a new stake in shares of bleuacacia in the 2nd quarter worth $488,000. Finally, Bank of America Corp DE acquired a new stake in shares of bleuacacia in the 1st quarter worth $679,000. 84.02% of the stock is currently owned by hedge funds and other institutional investors.

bleuacacia Price Performance

Shares of BLEU opened at $10.01 on Wednesday. The stock has a 50-day moving average of $9.94 and a two-hundred day moving average of $9.85. bleuacacia ltd has a one year low of $9.61 and a one year high of $10.03.

About bleuacacia

bleuacacia ltd does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of premium branded consumer retail.

Further Reading

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