Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares
LEGA
LEGA was delisted on the 14th of March, 2023.
66 hedge funds and large institutions have $318M invested in Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 6 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
9% more capital invested
Capital invested by funds: $291M → $318M (+$27.6M)
3% less funds holding
Funds holding: 68 → 66 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$11.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$11.1M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$6.52M |
| 4 |
Millennium Management
New York
|
+$4.66M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$10M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.58M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$985K |
| 4 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$982K |
| 5 |
JP Morgan Chase
New York
|
-$981K |
LEGA Hedge Fund Activity: Q3 2022 in Review
66 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares (LEGA) for Q3 2022, worth a combined $318M — up 9.5% from $291M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LEGA and 5 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 20 added.
The largest buyer was Magnetar Financial, adding an estimated $11.8M. The largest seller was Basso Capital Management, exiting entirely with an estimated $10M sold.
- 66 institutional investors held Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares (LEGA) as of Q3 2022, down from 68 in Q2 2022.
- Funds reported $318M of Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares stock for Q3 2022, up 9.5% quarter-over-quarter.
- 5 funds opened new Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares positions in Q3 2022 and 6 closed out, a net change of -1 holder.
- The largest Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares buyer in Q3 2022 was Magnetar Financial, an estimated $11.8M added.
- The largest Lead Edge Growth Opportunities, Ltd Class A Ordinary Shares seller in Q3 2022 was Basso Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2022.