Legato Merger Corp IV Units
LEGO.U
18 hedge funds and large institutions have $41.9M invested in Legato Merger Corp IV Units in 2026 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 20 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
51% less funds holding
Funds holding: 37 → 18 (-19)
60% less capital invested
Capital invested by funds: $104M → $41.9M (-$62.5M)
95% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$131K |
| 2 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$7.72K |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$5.34K |
| 4 |
HF
HRT Financial
New York
|
+$1.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$8.2M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$7.98M |
| 3 |
KC
Kryger Capital
London,
United Kingdom
|
-$7.57M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.28M |
| 5 |
Millennium Management
New York
|
-$5.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
26
Periscope Capital
Toronto,
Ontario, Canada
| – | -$4.42M | -441,740 | Closed |
|
27
Two Sigma Investments
New York
| – | -$3.62M | -362,500 | Closed |
|
|
MI
28
MMCAP International
Grand Cayman,
Cayman Islands
| – | -$2.5M | -250,000 | Closed |
|
|
WC
29
Wealthspring Capital
West Harrison,
New York
| – | -$2.3M | -230,100 | Closed |
|
|
BI
30
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.5M | -150,000 | Closed |
|
|
CC
31
Centiva Capital
New York
| – | -$1.5M | -150,000 | Closed |
|
|
KPF
32
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$998K | -100,000 | Closed |
|
|
BFM
33
Boothbay Fund Management
New York
| – | -$749K | -75,000 | Closed |
|
|
AA
34
ABC Arbitrage
Paris,
France
| – | -$399K | -40,000 | Closed |
|
|
VF
35
Virtu Financial
New York
| – | -$396K | -39,729 | Closed |
|
|
TI
36
TrueMark Investments
Chicago,
Illinois
| – | -$150K | -15,000 | Closed |
|
37
Citadel Advisors
Miami,
Florida
| – | -$106K | -10,617 | Closed |
|
|
MF
38
Magnetar Financial
Evanston,
Illinois
| – | -$50 | -5 | Closed |
|
LEGO.U Hedge Fund Activity: Q2 2026 in Review
18 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp IV Units (LEGO.U) for Q2 2026, worth a combined $41.9M — down 60% from $104M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of LEGO.U and 1 opened new positions — a net loss of 19 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Clear Street, adding an estimated $131K. The largest seller was AQR Arbitrage, exiting entirely with an estimated $8.2M sold.
- 18 institutional investors held Legato Merger Corp IV Units (LEGO.U) as of Q2 2026, down from 37 in Q1 2026.
- Funds reported $41.9M of Legato Merger Corp IV Units stock for Q2 2026, down 60% quarter-over-quarter.
- 1 fund opened new Legato Merger Corp IV Units positions in Q2 2026 and 20 closed out, a net change of -19 holders.
- The largest Legato Merger Corp IV Units buyer in Q2 2026 was Clear Street, an estimated $131K added.
- The largest Legato Merger Corp IV Units seller in Q2 2026 was AQR Arbitrage, an estimated $8.2M sold.
Based on aggregated 13F filings for Q2 2026.