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LEGOU

Legato Merger Corp. Units

Delisted

LEGOU was delisted on the 19th of October, 2021.

10 hedge funds and large institutions have $12.8M 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.

New
Increased
Maintained
Reduced
Closed

78% less funds holding

Funds holding: 4510 (-35)

85% less capital invested

Capital invested by funds: $82.8M → $12.8M (-$70M)

86% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 7

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: 10 (-1)

Holders
10
Holders Change
-35
Holders Change %
-77.78%
% of All Funds
0.17%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
1
Increased
1
Reduced
7
Closed
35
Calls
Puts
Net Calls
Net Calls Change

LEGOU Hedge Fund Activity: Q2 2021 in Review

10 of the 5,768 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. Units (LEGOU) for Q2 2021, worth a combined $12.8M — down 85% from $82.8M 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 $12.8M of Legato Merger Corp. Units stock for Q2 2021, down 85% 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.