Allegro Merger Corp
ALGR
ALGR was delisted on the 8th of April, 2020.
32 hedge funds and large institutions have $110M invested in Allegro Merger Corp in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 0 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
14% more funds holding
Funds holding: 28 → 32 (+4)
0% less capital invested
Capital invested by funds: $110M → $110M (-$80.8K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.32M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$670K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$619K |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$601K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$5M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$2.5M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$59.9K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$691 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KPF
26
K2 Principal Fund
Toronto,
Ontario, Canada
| $180K | +$180K | +17,996 | New |
|
|
DWM
27
Dakota Wealth Management
Palm Beach Gardens,
Florida
| $115K | +$115K | +11,475 | New |
|
|
RCM
28
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
| $100K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $32K | +$7.37K | +736 | +29% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $20K | -$691 | -69 | -3% |
|
|
BI
31
Bulldog Investors
Saddle Brook,
New Jersey
| $2.18K | -$59.9K | -5,989 | -3% |
|
|
RCM
32
Rivernorth Capital Management
West Palm Beach,
Florida
| $1K | – | – | – |
|
ALGR Hedge Fund Activity: Q2 2019 in Review
32 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp (ALGR) for Q2 2019, worth a combined $110M — down 0.07% from $110M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ALGR positions and 0 closed out — a net gain of 4 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $5M. The largest seller was Weiss Asset Management, cutting an estimated $5M.
- 32 institutional investors held Allegro Merger Corp (ALGR) as of Q2 2019, up from 28 in Q1 2019.
- Funds reported $110M of Allegro Merger Corp stock for Q2 2019, down 0.07% quarter-over-quarter.
- 4 funds opened new Allegro Merger Corp positions in Q2 2019 and 0 closed out, a net change of +4 holders.
- The largest Allegro Merger Corp buyer in Q2 2019 was Bank of America, an estimated $5M added.
- The largest Allegro Merger Corp seller in Q2 2019 was Weiss Asset Management, an estimated $5M sold.
Based on aggregated 13F filings for Q2 2019.