Legato Merger Corp. Units
LEGOU
LEGOU was delisted on the 19th of October, 2021.
10 hedge funds and large institutions have $7.51M invested in Legato Merger Corp. Units in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 35 closing their positions.
78% less funds holding
Funds holding: 45 → 10 (-35)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
91% less capital invested
Capital invested by funds: $80.8M → $7.51M (-$73.3M)
97% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 35
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
+$2.61M |
| 2 |
HF
HRT Financial
New York
|
+$4.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$9.04M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.16M |
| 3 |
RA
Ramius Advisors
New York
|
-$7.06M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$6.68M |
| 5 |
KC
Kepos Capital
New York
|
-$3.6M |
LEGOU Hedge Fund Activity: Q2 2021 in Review
10 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. Units (LEGOU) for Q2 2021, worth a combined $7.51M — down 91% from $80.8M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of LEGOU and 1 opened new positions — a net loss of 34 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Castle Creek Arbitrage, opening a new position worth an estimated $2.61M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $9.04M sold.
- 10 institutional investors held Legato Merger Corp. Units (LEGOU) as of Q2 2021, down from 45 in Q1 2021.
- Funds reported $7.51M of Legato Merger Corp. Units stock for Q2 2021, down 91% quarter-over-quarter.
- 1 fund opened new Legato Merger Corp. Units positions in Q2 2021 and 35 closed out, a net change of -34 holders.
- The largest Legato Merger Corp. Units buyer in Q2 2021 was Castle Creek Arbitrage, an estimated $2.61M added.
- The largest Legato Merger Corp. Units seller in Q2 2021 was Boothbay Fund Management, an estimated $9.04M sold.
Based on aggregated 13F filings for Q2 2021.