Hound Partners LLC Buys New Holdings in Cartesian Growth Co. (OTCMKTS:GLBLU)

Hound Partners LLC bought a new stake in shares of Cartesian Growth Co. (OTCMKTS:GLBLU) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 200,000 shares of the company’s stock, valued at approximately $1,990,000.

A number of other hedge funds also recently modified their holdings of GLBLU. Integrated Investment Consultants LLC purchased a new stake in Cartesian Growth during the 1st quarter valued at about $126,000. Exos Asset Management LLC purchased a new stake in Cartesian Growth during the 1st quarter valued at about $104,000. Sage Mountain Advisors LLC purchased a new stake in Cartesian Growth during the 1st quarter valued at about $337,000. HighTower Advisors LLC purchased a new stake in Cartesian Growth during the 1st quarter valued at about $100,000. Finally, Basso Capital Management L.P. bought a new position in Cartesian Growth during the 1st quarter valued at approximately $3,436,000.

GLBLU traded down $0.01 during midday trading on Thursday, reaching $9.96. 1,225 shares of the company’s stock traded hands, compared to its average volume of 122,279. The firm has a fifty day moving average price of $9.97. Cartesian Growth Co. has a 52 week low of $9.80 and a 52 week high of $10.35.

Cartesian Growth Profile

Cartesian Growth Corporation, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.

Further Reading: Liquidity

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Institutional Ownership by Quarter for Cartesian Growth (OTCMKTS:GLBLU)

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