Deltec Asset Management LLC Lowers Stock Holdings in HCM II Acquisition Corp. (NASDAQ:HOND)

Deltec Asset Management LLC lessened its position in shares of HCM II Acquisition Corp. (NASDAQ:HOND) by 23.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 115,000 shares of the company’s stock after selling 35,000 shares during the period. Deltec Asset Management LLC’s holdings in HCM II Acquisition were worth $1,210,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Toronto Dominion Bank purchased a new stake in HCM II Acquisition during the fourth quarter valued at about $318,000. Two Sigma Investments LP purchased a new stake in HCM II Acquisition during the fourth quarter valued at about $5,010,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in HCM II Acquisition during the fourth quarter valued at about $1,745,000. Millennium Management LLC purchased a new stake in HCM II Acquisition during the fourth quarter valued at about $4,509,000. Finally, LMR Partners LLP purchased a new stake in HCM II Acquisition during the fourth quarter valued at about $15,030,000.

HCM II Acquisition Stock Up 0.3%

HOND stock opened at $11.65 on Friday. The firm’s 50-day moving average price is $11.21. HCM II Acquisition Corp. has a 12-month low of $9.90 and a 12-month high of $12.24.

HCM II Acquisition Company Profile

HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.