Allegro Merger Corp Unit
ALGRU
ALGRU was delisted on the 31st of March, 2020.
12 hedge funds and large institutions have $30.7M invested in Allegro Merger Corp Unit in 2019 Q3 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
13% less capital invested
Capital invested by funds: $35.4M → $30.7M (-$4.64M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Trading
New York
|
+$19.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$3.69M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$874K |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$31.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Hudson Bay Capital Management
Stamford,
Connecticut
| $9.47M | – | – | – |
|
|
BCM
2
Basso Capital Management
Stamford,
Connecticut
| $3.81M | – | – | – |
|
|
SCM
3
Shaolin Capital Management
Miami,
Florida
| $3.41M | – | – | – |
|
|
PAMP
4
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $2.64M | – | – | – |
|
|
LIM
5
Longfellow Investment Management
Boston,
Massachusetts
| $2.43M | – | – | – |
|
|
MTCM
6
Mint Tower Capital Management
Amsterdam,
Netherlands
| $2.11M | – | – | – |
|
|
YCM
7
Yakira Capital Management
Westport,
Connecticut
| $2.11M | – | – | – |
|
|
8
Walleye Trading
New York
| $1.69M | +$19.1K | +1,805 | +1% |
|
|
VOAM
9
Vertex One Asset Management
Vancouver,
British Columbia, Canada
| $1.42M | -$31.7K | -3,000 | -2% |
|
|
CCM
10
Context Capital Management
Lajolla,
California
| $1.34M | – | – | – |
|
|
BFM
11
Boothbay Fund Management
New York
| $291K | -$874K | -82,725 | -75% |
|
12
UBS Group
Zurich,
Switzerland
| $10K | – | – | – |
|
|
PC
13
Periscope Capital
Toronto,
Ontario, Canada
| – | -$3.69M | -351,907 | Closed |
|
ALGRU Hedge Fund Activity: Q3 2019 in Review
12 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp Unit (ALGRU) for Q3 2019, worth a combined $30.7M — down 13% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of ALGRU and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Walleye Trading, adding an estimated $19.1K. The largest seller was Periscope Capital, exiting entirely with an estimated $3.69M sold.
- 12 institutional investors held Allegro Merger Corp Unit (ALGRU) as of Q3 2019, down from 13 in Q2 2019.
- Funds reported $30.7M of Allegro Merger Corp Unit stock for Q3 2019, down 13% quarter-over-quarter.
- 0 funds opened new Allegro Merger Corp Unit positions in Q3 2019 and 1 closed out, a net change of -1 holder.
- The largest Allegro Merger Corp Unit buyer in Q3 2019 was Walleye Trading, an estimated $19.1K added.
- The largest Allegro Merger Corp Unit seller in Q3 2019 was Periscope Capital, an estimated $3.69M sold.
Based on aggregated 13F filings for Q3 2019.