Geode Capital Management LLC Has $268,000 Stake in Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Geode Capital Management LLC lifted its stake in shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 62.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,962 shares of the company’s stock after acquiring an additional 9,596 shares during the period. Geode Capital Management LLC’s holdings in Inflection Point Acquisition Corp. II were worth $268,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Berkley W R Corp raised its holdings in shares of Inflection Point Acquisition Corp. II by 10.0% during the third quarter. Berkley W R Corp now owns 1,205,131 shares of the company’s stock valued at $12,955,000 after purchasing an additional 109,450 shares during the period. Westchester Capital Management LLC increased its position in Inflection Point Acquisition Corp. II by 7.6% in the 3rd quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company’s stock valued at $26,504,000 after buying an additional 175,000 shares in the last quarter. Centiva Capital LP raised its stake in Inflection Point Acquisition Corp. II by 153.9% during the 3rd quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock worth $6,816,000 after buying an additional 384,645 shares during the period. Wolverine Asset Management LLC raised its stake in Inflection Point Acquisition Corp. II by 111.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 979,917 shares of the company’s stock worth $10,534,000 after buying an additional 517,067 shares during the period. Finally, Shaolin Capital Management LLC bought a new position in Inflection Point Acquisition Corp. II in the second quarter worth approximately $6,229,000.

Inflection Point Acquisition Corp. II Stock Performance

NASDAQ IPXX opened at $12.56 on Tuesday. Inflection Point Acquisition Corp. II has a 52 week low of $10.35 and a 52 week high of $15.18. The business has a 50 day moving average price of $11.49 and a 200-day moving average price of $10.98.

Inflection Point Acquisition Corp. II Profile

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.