Legato Merger Corp. Common stock
LEGO
LEGO was delisted on the 19th of October, 2021.
60 hedge funds and large institutions have $163M invested in Legato Merger Corp. Common stock in 2021 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 22 closing their positions.
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
50% more capital invested
Capital invested by funds: $108M → $163M (+$54.4M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
43% more funds holding
Funds holding: 42 → 60 (+18)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
+$13.8M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$9.56M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$7.87M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$7.26M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$22.2M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$7.02M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.2M |
| 4 |
Goldman Sachs
New York
|
-$3.92M |
| 5 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.91M |
LEGO Hedge Fund Activity: Q2 2021 in Review
60 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. Common stock (LEGO) for Q2 2021, worth a combined $163M — up 50% from $108M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LEGO positions and 22 closed out — a net gain of 18 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Abrams Bison Investments, opening a new position worth an estimated $13.8M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $22.2M sold.
- 60 institutional investors held Legato Merger Corp. Common stock (LEGO) as of Q2 2021, up from 42 in Q1 2021.
- Funds reported $163M of Legato Merger Corp. Common stock stock for Q2 2021, up 50% quarter-over-quarter.
- 40 funds opened new Legato Merger Corp. Common stock positions in Q2 2021 and 22 closed out, a net change of +18 holders.
- The largest Legato Merger Corp. Common stock buyer in Q2 2021 was Abrams Bison Investments, an estimated $13.8M added.
- The largest Legato Merger Corp. Common stock seller in Q2 2021 was Karpus Investment Management, an estimated $22.2M sold.
Based on aggregated 13F filings for Q2 2021.