Allegro Merger Corp
ALGR
ALGR was delisted on the 8th of April, 2020.
36 hedge funds and large institutions have $145M invested in Allegro Merger Corp in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
25% more capital invested
Capital invested by funds: $116M → $145M (+$28.9M)
16% more funds holding
Funds holding: 31 → 36 (+5)
13.29% more ownership
Funds ownership: 61.33% → 74.61% (+13%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$9.17M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$6.72M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.43M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$3.79M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.05M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$3.5M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$2.04M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.73M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.07M |
ALGR Hedge Fund Activity: Q4 2019 in Review
36 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp (ALGR) for Q4 2019, worth a combined $145M — up 25% from $116M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ALGR positions and 4 closed out — a net gain of 5 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $9.17M. The largest seller was Deutsche Bank, exiting entirely with an estimated $4.05M sold.
- 36 institutional investors held Allegro Merger Corp (ALGR) as of Q4 2019, up from 31 in Q3 2019.
- Funds reported $145M of Allegro Merger Corp stock for Q4 2019, up 25% quarter-over-quarter.
- 9 funds opened new Allegro Merger Corp positions in Q4 2019 and 4 closed out, a net change of +5 holders.
- The largest Allegro Merger Corp buyer in Q4 2019 was Hudson Bay Capital Management, an estimated $9.17M added.
- The largest Allegro Merger Corp seller in Q4 2019 was Deutsche Bank, an estimated $4.05M sold.
Based on aggregated 13F filings for Q4 2019.