Allegro Merger Corp Right
ALGRR
ALGRR was delisted on the 20th of April, 2020.
26 hedge funds and large institutions have $900K invested in Allegro Merger Corp Right in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
13% more funds holding
Funds holding: 23 → 26 (+3)
76% less capital invested
Capital invested by funds: $3.7M → $900K (-$2.8M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$40.3K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.35K |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$5.54K |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$2.77K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$138K |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$112K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$101K |
| 4 |
CAC
Cowen and Company
New York
|
-$32.1K |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$22.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | +$887 | +3,203 | New |
|
|
FIA
27
FNY Investment Advisers
New York
| – | +$2.77K | +10,000 | New |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | +$2.77K | +10,000 | New |
|
ALGRR Hedge Fund Activity: Q1 2020 in Review
26 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp Right (ALGRR) for Q1 2020, worth a combined $900K — down 76% from $3.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ALGRR positions and 2 closed out — a net gain of 3 holders — while 1 added to existing stakes and 7 trimmed.
The largest buyer was BlueCrest Capital Management, adding an estimated $40.3K. The largest seller was Geode Capital Management, cutting an estimated $138K.
- 26 institutional investors held Allegro Merger Corp Right (ALGRR) as of Q1 2020, up from 23 in Q4 2019.
- Funds reported $900K of Allegro Merger Corp Right stock for Q1 2020, down 76% quarter-over-quarter.
- 5 funds opened new Allegro Merger Corp Right positions in Q1 2020 and 2 closed out, a net change of +3 holders.
- The largest Allegro Merger Corp Right buyer in Q1 2020 was BlueCrest Capital Management, an estimated $40.3K added.
- The largest Allegro Merger Corp Right seller in Q1 2020 was Geode Capital Management, an estimated $138K sold.
Based on aggregated 13F filings for Q1 2020.