Hound Partners LLC Invests $4.04 Million in Dragoneer Growth Opportunities Corp. III (NASDAQ:DGNU)

Hound Partners LLC bought a new position in Dragoneer Growth Opportunities Corp. III (NASDAQ:DGNU) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 400,000 shares of the company’s stock, valued at approximately $4,044,000.

Several other hedge funds have also recently modified their holdings of the company. Maverick Capital Ltd. bought a new stake in shares of Dragoneer Growth Opportunities Corp. III in the first quarter worth about $30,643,000. Baupost Group LLC MA bought a new stake in shares of Dragoneer Growth Opportunities Corp. III in the first quarter worth about $20,220,000. Third Point LLC purchased a new position in Dragoneer Growth Opportunities Corp. III in the first quarter worth about $12,132,000. TPG Group Holdings SBS Advisors Inc. purchased a new position in Dragoneer Growth Opportunities Corp. III in the first quarter worth about $12,132,000. Finally, Allianz Asset Management GmbH purchased a new position in Dragoneer Growth Opportunities Corp. III in the first quarter worth about $10,110,000. 72.30% of the stock is currently owned by hedge funds and other institutional investors.

DGNU traded down $0.05 on Thursday, hitting $9.90. The company had a trading volume of 1,401 shares, compared to its average volume of 56,351. Dragoneer Growth Opportunities Corp. III has a 12-month low of $9.83 and a 12-month high of $10.88. The company’s fifty day moving average is $10.02.

Dragoneer Growth Opportunities Corp. III Company Profile

Dragoneer Growth Opportunities Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Dragoneer Growth Opportunities Alpha Corp. and changed its name to Dragoneer Growth Opportunities Corp.

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Institutional Ownership by Quarter for Dragoneer Growth Opportunities Corp. III (NASDAQ:DGNU)

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