Allegro Merger Corp
ALGR
ALGR was delisted on the 8th of April, 2020.
31 hedge funds and large institutions have $116M invested in Allegro Merger Corp in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
2.11% more ownership
Funds ownership: 59.21% → 61.33% (+2.1%)
3% more capital invested
Capital invested by funds: $113M → $116M (+$3.36M)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
3% less funds holding
Funds holding: 32 → 31 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.6M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.36M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.12M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$836K |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.5M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.01M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.01M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$606K |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$576K |
ALGR Hedge Fund Activity: Q3 2019 in Review
31 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp (ALGR) for Q3 2019, worth a combined $116M — up 3% from $113M a quarter earlier.
Fund positioning in ALGR was balanced in Q3 2019: 1 fund opened new positions, 1 closed out, 7 added to existing stakes and 7 trimmed.
The largest buyer was Periscope Capital, adding an estimated $3.6M. The largest seller was Panagora Asset Management, cutting an estimated $1.5M.
- 31 institutional investors held Allegro Merger Corp (ALGR) as of Q3 2019, down from 32 in Q2 2019.
- Funds reported $116M of Allegro Merger Corp stock for Q3 2019, up 3% quarter-over-quarter.
- 1 fund opened new Allegro Merger Corp positions in Q3 2019 and 1 closed out, a net change of 0 holders.
- The largest Allegro Merger Corp buyer in Q3 2019 was Periscope Capital, an estimated $3.6M added.
- The largest Allegro Merger Corp seller in Q3 2019 was Panagora Asset Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2019.