Allegro Merger Corp Unit
ALGRU
ALGRU was delisted on the 31st of March, 2020.
2 hedge funds and large institutions have $2.43M invested in Allegro Merger Corp Unit in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 11 closing their positions.
83% less funds holding
Funds holding: 12 → 2 (-10)
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
92% less capital invested
Capital invested by funds: $30.7M → $2.43M (-$28.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$436 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$9.47M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.81M |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$3.41M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.64M |
| 5 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
-$2.11M |
ALGRU Hedge Fund Activity: Q4 2019 in Review
2 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Allegro Merger Corp Unit (ALGRU) for Q4 2019, worth a combined $2.43M — down 92% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ALGRU and 1 opened new positions — a net loss of 10 holders — while 0 trimmed existing stakes and 0 added.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $436. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $9.47M sold.
- 2 institutional investors held Allegro Merger Corp Unit (ALGRU) as of Q4 2019, down from 12 in Q3 2019.
- Funds reported $2.43M of Allegro Merger Corp Unit stock for Q4 2019, down 92% quarter-over-quarter.
- 1 fund opened new Allegro Merger Corp Unit positions in Q4 2019 and 11 closed out, a net change of -10 holders.
- The largest Allegro Merger Corp Unit buyer in Q4 2019 was Tower Research Capital (TRC), an estimated $436 added.
- The largest Allegro Merger Corp Unit seller in Q4 2019 was Hudson Bay Capital Management, an estimated $9.47M sold.
Based on aggregated 13F filings for Q4 2019.