Allegro Merger Corp Unit
ALGRU
ALGRU was delisted on the 31st of March, 2020.
14 hedge funds and large institutions have $34.6M invested in Allegro Merger Corp Unit in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
7% less funds holding
Funds holding: 15 → 14 (-1)
15% less capital invested
Capital invested by funds: $40.7M → $34.6M (-$6.07M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.13M |
| 2 |
Walleye Trading
New York
|
-$499K |
| 3 |
GCL
Glazer Capital LLC
New York
|
-$353K |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$115K |
ALGRU Hedge Fund Activity: Q1 2019 in Review
14 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp Unit (ALGRU) for Q1 2019, worth a combined $34.6M — down 15% from $40.7M a quarter earlier.
Fund positioning in ALGRU was balanced in Q1 2019: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was Vertex One Asset Management, adding an estimated $130K. The largest seller was Deutsche Bank, exiting entirely with an estimated $4.13M sold.
- 14 institutional investors held Allegro Merger Corp Unit (ALGRU) as of Q1 2019, down from 15 in Q4 2018.
- Funds reported $34.6M of Allegro Merger Corp Unit stock for Q1 2019, down 15% quarter-over-quarter.
- 1 fund opened new Allegro Merger Corp Unit positions in Q1 2019 and 1 closed out, a net change of 0 holders.
- The largest Allegro Merger Corp Unit buyer in Q1 2019 was Vertex One Asset Management, an estimated $130K added.
- The largest Allegro Merger Corp Unit seller in Q1 2019 was Deutsche Bank, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2019.