Legato Merger Corp. Common stock
LEGO
LEGO was delisted on the 19th of October, 2021.
49 hedge funds and large institutions have $142M invested in Legato Merger Corp. Common stock in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 27 closing their positions.
12% less capital invested
Capital invested by funds: $161M → $142M (-$18.9M)
18% less funds holding
Funds holding: 60 → 49 (-11)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
41% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
+$32.6M |
| 2 |
HCM
Highline Capital Management
New York
|
+$11.7M |
| 3 |
SFI
Sonic Fund II
Honolulu,
Hawaii
|
+$10.7M |
| 4 |
ECM
Engine Capital Management
New York
|
+$9.01M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$14.7M |
| 2 |
LA
Linden Advisors
New York
|
-$9.28M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$8.76M |
| 4 |
SCM
Saba Capital Management
New York
|
-$7.24M |
| 5 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$6.51M |
LEGO Hedge Fund Activity: Q3 2021 in Review
49 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. Common stock (LEGO) for Q3 2021, worth a combined $142M — down 12% from $161M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LEGO and 16 opened new positions — a net loss of 11 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Mason Capital Management, opening a new position worth an estimated $32.6M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $14.7M sold.
- 49 institutional investors held Legato Merger Corp. Common stock (LEGO) as of Q3 2021, down from 60 in Q2 2021.
- Funds reported $142M of Legato Merger Corp. Common stock stock for Q3 2021, down 12% quarter-over-quarter.
- 16 funds opened new Legato Merger Corp. Common stock positions in Q3 2021 and 27 closed out, a net change of -11 holders.
- The largest Legato Merger Corp. Common stock buyer in Q3 2021 was Mason Capital Management, an estimated $32.6M added.
- The largest Legato Merger Corp. Common stock seller in Q3 2021 was Fir Tree Capital Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2021.