Legato Merger Corp. Units
LEGOU
LEGOU was delisted on the 19th of October, 2021.
3 hedge funds and large institutions have $5.14M invested in Legato Merger Corp. Units in 2021 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
32% less capital invested
Capital invested by funds: $7.51M → $5.14M (-$2.37M)
70% less funds holding
Funds holding: 10 → 3 (-7)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$2.87M |
| 2 |
VF
Virtu Financial
New York
|
-$655K |
| 3 |
Goldman Sachs
New York
|
-$632K |
| 4 |
LPL Financial
San Diego,
California
|
-$255K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
1
Hodges Capital Management
Dallas,
Texas
| $3.99M | +$1.95M | +150,940 | +99% |
|
|
HF
2
HRT Financial
New York
| $656K | -$16.2K | -1,249 | -2% |
|
|
KC
3
Kepos Capital
New York
| $497K | – | – | – |
|
|
MF
4
Magnetar Financial
Evanston,
Illinois
| – | -$5.33K | -448,936 | Closed |
|
|
CCA
5
Castle Creek Arbitrage
Avon,
Colorado
| – | -$2.87M | -241,538 | Closed |
|
|
VF
6
Virtu Financial
New York
| – | -$655K | -55,173 | Closed |
|
|
7
Goldman Sachs
New York
| – | -$632K | -53,205 | Closed |
|
|
8
LPL Financial
San Diego,
California
| – | -$255K | -21,450 | Closed |
|
|
9
Wolverine Trading
Chicago,
Illinois
| – | -$216K | -18,026 | Closed |
|
10
UBS Group
Zurich,
Switzerland
| – | -$12K | -1,023 | Closed |
|
LEGOU Hedge Fund Activity: Q3 2021 in Review
3 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. Units (LEGOU) for Q3 2021, worth a combined $5.14M — down 32% from $7.51M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LEGOU and 0 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Hodges Capital Management, adding an estimated $1.95M. The largest seller was Castle Creek Arbitrage, exiting entirely with an estimated $2.87M sold.
- 3 institutional investors held Legato Merger Corp. Units (LEGOU) as of Q3 2021, down from 10 in Q2 2021.
- Funds reported $5.14M of Legato Merger Corp. Units stock for Q3 2021, down 32% quarter-over-quarter.
- 0 funds opened new Legato Merger Corp. Units positions in Q3 2021 and 7 closed out, a net change of -7 holders.
- The largest Legato Merger Corp. Units buyer in Q3 2021 was Hodges Capital Management, an estimated $1.95M added.
- The largest Legato Merger Corp. Units seller in Q3 2021 was Castle Creek Arbitrage, an estimated $2.87M sold.
Based on aggregated 13F filings for Q3 2021.