Berkley W R Corp Makes New $6.60 Million Investment in Blue Water Acquisition Corp. III $BLUWU

Berkley W R Corp acquired a new stake in shares of Blue Water Acquisition Corp. III (NASDAQ:BLUWU) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 659,343 shares of the company’s stock, valued at approximately $6,600,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BLUWU. Highbridge Capital Management LLC acquired a new stake in Blue Water Acquisition Corp. III during the 2nd quarter worth about $2,501,000. Warberg Asset Management LLC purchased a new position in shares of Blue Water Acquisition Corp. III in the second quarter worth about $200,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Blue Water Acquisition Corp. III during the second quarter worth about $2,002,000. Alberta Investment Management Corp purchased a new stake in Blue Water Acquisition Corp. III in the second quarter valued at approximately $6,003,000. Finally, Magnetar Financial LLC acquired a new position in Blue Water Acquisition Corp. III in the 2nd quarter worth approximately $15,008,000.

Blue Water Acquisition Corp. III Stock Down 3.1%

BLUWU opened at $10.66 on Friday. The stock’s 50 day simple moving average is $10.24. Blue Water Acquisition Corp. III has a 12-month low of $10.00 and a 12-month high of $11.00.

Blue Water Acquisition Corp. III Profile

We are a blank check company incorporated on November 1, 2024 as a Cayman Islands exempted company with no material operations of our own and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.