Berkley W R Corp grew its stake in Compass Digital Acquisition Corp. (NASDAQ:CDAQ – Free Report) by 821.0% during the first quarter, Holdings Channel.com reports. The fund owned 498,632 shares of the company’s stock after purchasing an additional 444,489 shares during the quarter. Berkley W R Corp’s holdings in Compass Digital Acquisition were worth $5,335,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Robinson Capital Management LLC bought a new position in Compass Digital Acquisition in the 4th quarter worth about $183,000. Virtu Financial LLC grew its stake in Compass Digital Acquisition by 127.2% in the 4th quarter. Virtu Financial LLC now owns 31,962 shares of the company’s stock worth $338,000 after acquiring an additional 17,892 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its position in shares of Compass Digital Acquisition by 10.8% in the 1st quarter. Mizuho Securities USA LLC now owns 256,206 shares of the company’s stock worth $2,716,000 after purchasing an additional 25,000 shares during the period. 77.38% of the stock is currently owned by institutional investors.
Compass Digital Acquisition Stock Performance
Shares of CDAQ remained flat at $10.77 during mid-day trading on Monday. 92,876 shares of the stock traded hands, compared to its average volume of 40,348. The company has a 50-day moving average price of $10.88 and a 200-day moving average price of $10.77. Compass Digital Acquisition Corp. has a 52-week low of $10.39 and a 52-week high of $12.50.
About Compass Digital Acquisition
Compass Digital Acquisition Corp. 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 intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.
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Want to see what other hedge funds are holding CDAQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Digital Acquisition Corp. (NASDAQ:CDAQ – Free Report).
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