Mizuho Securities USA LLC Makes New $119.20 Million Investment in SDCL EDGE Acquisition Co. (NYSE:SEDA)

Mizuho Securities USA LLC acquired a new position in SDCL EDGE Acquisition Co. (NYSE:SEDA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,401,000 shares of the company’s stock, valued at approximately $119,195,000. SDCL EDGE Acquisition accounts for 2.5% of Mizuho Securities USA LLC’s holdings, making the stock its 5th largest holding. Mizuho Securities USA LLC owned 1.02% of SDCL EDGE Acquisition at the end of the most recent reporting period.

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

SDCL EDGE Acquisition Stock Performance

Shares of SEDA opened at $11.30 on Thursday. SDCL EDGE Acquisition Co. has a one year low of $10.68 and a one year high of $14.92. The company has a 50-day simple moving average of $11.32 and a two-hundred day simple moving average of $11.25.

SDCL EDGE Acquisition 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.