APx Acquisition Corp. I (NASDAQ:APXI) Shares Purchased by Spartan Fund Management Inc.

Spartan Fund Management Inc. grew its position in shares of APx Acquisition Corp. I (NASDAQ:APXI) by 296.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 152,354 shares of the company’s stock after purchasing an additional 113,912 shares during the period. APx Acquisition Corp. I accounts for about 5.4% of Spartan Fund Management Inc.’s investment portfolio, making the stock its 2nd largest position. Spartan Fund Management Inc. owned about 1.54% of APx Acquisition Corp. I worth $1,801,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Logan Stone Capital LLC purchased a new position in APx Acquisition Corp. I during the second quarter worth approximately $2,925,000. Berkley W R Corp raised its position in shares of APx Acquisition Corp. I by 45.7% in the 2nd quarter. Berkley W R Corp now owns 575,378 shares of the company’s stock worth $6,680,000 after buying an additional 180,499 shares during the period. Clear Street LLC acquired a new position in APx Acquisition Corp. I in the second quarter valued at $78,000. Periscope Capital Inc. grew its position in APx Acquisition Corp. I by 79.5% during the first quarter. Periscope Capital Inc. now owns 358,990 shares of the company’s stock valued at $4,103,000 after acquiring an additional 158,990 shares during the period. Finally, Mizuho Securities USA LLC increased its stake in APx Acquisition Corp. I by 17.2% during the first quarter. Mizuho Securities USA LLC now owns 695,777 shares of the company’s stock worth $7,883,000 after acquiring an additional 101,887 shares during the last quarter. Hedge funds and other institutional investors own 51.82% of the company’s stock.

APx Acquisition Corp. I Stock Performance

Shares of NASDAQ APXI traded down $0.01 during midday trading on Tuesday, hitting $11.77. The stock had a trading volume of 1,883 shares, compared to its average volume of 20,221. APx Acquisition Corp. I has a 1-year low of $10.99 and a 1-year high of $11.84. The company has a fifty day moving average price of $11.67 and a 200 day moving average price of $11.59.

About APx Acquisition Corp. I

APx Acquisition Corp. I. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.