Prelude Capital Management LLC grew its position in Plum Acquisition Corp. I (NASDAQ:PLMI – Get Rating) by 18.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 165,280 shares of the company's stock after acquiring an additional 25,880 shares during the quarter. Prelude Capital Management LLC owned about 0.41% of Plum Acquisition Corp. I worth $1,371,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PLMI. Toronto Dominion Bank lifted its position in shares of Plum Acquisition Corp. I by 178.2% in the first quarter. Toronto Dominion Bank now owns 139,100 shares of the company's stock valued at $1,360,000 after acquiring an additional 89,100 shares in the last quarter. Bank of Montreal Can purchased a new position in Plum Acquisition Corp. I during the first quarter worth approximately $111,000. Basso Capital Management L.P. purchased a new position in Plum Acquisition Corp. I during the first quarter worth approximately $277,000. Apollo Management Holdings L.P. purchased a new position in Plum Acquisition Corp. I during the first quarter worth approximately $3,908,000. Finally, Saba Capital Management L.P. lifted its position in Plum Acquisition Corp. I by 9.3% during the first quarter. Saba Capital Management L.P. now owns 1,107,885 shares of the company's stock worth $10,824,000 after buying an additional 94,620 shares in the last quarter. Hedge funds and other institutional investors own 63.57% of the company's stock.

Plum Acquisition Corp. I Stock Performance

Shares of Plum Acquisition Corp. I stock opened at $10.06 on Thursday. Plum Acquisition Corp. I has a one year low of $9.66 and a one year high of $10.30. The business's 50 day moving average price is $9.98 and its 200 day moving average price is $9.89.

Plum Acquisition Corp. I Profile

Plum Acquisition Corp. I 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 2021 and is based in San Francisco, California.

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