AQR Arbitrage LLC Invests $14.71 Million in Inflection Point Acquisition Corp. III $IPCXU

AQR Arbitrage LLC acquired a new stake in shares of Inflection Point Acquisition Corp. III (NASDAQ:IPCXU) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,400,000 shares of the company’s stock, valued at approximately $14,714,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gabelli Funds LLC bought a new stake in Inflection Point Acquisition Corp. III during the second quarter worth approximately $1,126,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Inflection Point Acquisition Corp. III in the second quarter worth $1,500,000. DLD Asset Management LP bought a new stake in shares of Inflection Point Acquisition Corp. III during the 2nd quarter worth $2,016,000. Whitebox Advisors LLC bought a new stake in shares of Inflection Point Acquisition Corp. III during the 2nd quarter worth $3,152,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Inflection Point Acquisition Corp. III in the 2nd quarter valued at $3,153,000.

Inflection Point Acquisition Corp. III Trading Down 0.4%

Shares of IPCXU opened at $10.41 on Friday. Inflection Point Acquisition Corp. III has a one year low of $10.07 and a one year high of $11.06. The company’s fifty day moving average price is $10.55 and its 200 day moving average price is $10.51.

Inflection Point Acquisition Corp. III Company Profile

We are a special purpose acquisition company incorporated on January 31, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.