Mizuho Securities USA LLC Takes Position in SDCL EDGE Acquisition Co. (NYSE:SEDA)

Mizuho Securities USA LLC acquired a new stake in SDCL EDGE Acquisition Co. (NYSE:SEDA) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,401,000 shares of the company’s stock, valued at approximately $119,195,000. SDCL EDGE Acquisition comprises 2.5% of Mizuho Securities USA LLC’s investment portfolio, making the stock its 5th largest position. Mizuho Securities USA LLC owned about 102.17% of SDCL EDGE Acquisition as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Virtu Financial LLC lifted its position in shares of SDCL EDGE Acquisition by 66.6% during the first quarter. Virtu Financial LLC now owns 24,515 shares of the company’s stock worth $268,000 after acquiring an additional 9,797 shares in the last quarter. K2 Principal Fund L.P. bought a new position in shares of SDCL EDGE Acquisition during the second quarter valued at about $550,000. Spartan Fund Management Inc. grew its stake in shares of SDCL EDGE Acquisition by 3,070.9% during the second quarter. Spartan Fund Management Inc. now owns 65,892 shares of the company’s stock valued at $733,000 after buying an additional 63,814 shares during the last quarter. Finally, Berkley W R Corp grew its stake in shares of SDCL EDGE Acquisition by 85.0% during the first quarter. Berkley W R Corp now owns 1,186,071 shares of the company’s stock valued at $12,976,000 after buying an additional 545,031 shares during the last quarter. Hedge funds and other institutional investors own 67.87% of the company’s stock.

SDCL EDGE Acquisition Price Performance

NYSE SEDA opened at $11.30 on Thursday. SDCL EDGE Acquisition Co. has a 1 year low of $10.68 and a 1 year high of $14.92. The business’s 50-day moving average is $11.32 and its 200 day moving average is $11.25.

SDCL EDGE Acquisition Company 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.