Marshall Wace LLP Buys 123,093 Shares of Bilander Acquisition Corp. (NASDAQ:TWCB)

Marshall Wace LLP grew its stake in shares of Bilander Acquisition Corp. (NASDAQ:TWCB – Get Rating) by 18.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 792,052 shares of the company’s stock after purchasing an additional 123,093 shares during the period. Marshall Wace LLP owned about 3.52% of Bilander Acquisition worth $7,683,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cantor Fitzgerald L. P. purchased a new position in shares of Bilander Acquisition in the 3rd quarter worth approximately $9,456,000. Deutsche Bank AG boosted its stake in shares of Bilander Acquisition by 8.8% in the 2nd quarter. Deutsche Bank AG now owns 761,433 shares of the company’s stock worth $7,371,000 after buying an additional 61,433 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Bilander Acquisition by 1,457.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 586,249 shares of the company’s stock worth $5,669,000 after buying an additional 548,617 shares during the last quarter. CSS LLC IL boosted its stake in shares of Bilander Acquisition by 30.5% in the 2nd quarter. CSS LLC IL now owns 517,533 shares of the company’s stock worth $5,009,000 after buying an additional 121,055 shares during the last quarter. Finally, Aristeia Capital LLC boosted its stake in shares of Bilander Acquisition by 6.7% in the 3rd quarter. Aristeia Capital LLC now owns 480,000 shares of the company’s stock worth $4,658,000 after buying an additional 30,000 shares during the last quarter. 70.49% of the stock is owned by institutional investors.

Bilander Acquisition Stock Performance

Bilander Acquisition stock opened at $10.03 on Friday. Bilander Acquisition Corp. has a 12 month low of $9.64 and a 12 month high of $10.59. The business’s 50 day simple moving average is $9.99 and its 200 day simple moving average is $9.84.

Bilander Acquisition Company Profile

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Bilander Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology industry. The company was incorporated in 2021 and is based in San Francisco, California.