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LEGT

Legato Merger Corp III
LEGT

Delisted

LEGT was delisted on the 9th of June, 2026.

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42 hedge funds and large institutions have $164M invested in Legato Merger Corp III in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,400% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 1

596% more capital invested

Capital invested by funds: $23.5M → $164M (+$140M)

425% more funds holding

Funds holding: 8 → 42 (+34)

200% more funds holding in top 10

Funds holding in top 10: 1 → 3 (+2)

62.75% more ownership

Funds ownership: 0% → 62.75% (+63%)

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3

Holders
42
Holders Change
+34
Holders Change %
+425%
% of All Funds
0.61%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
35
Increased
2
Reduced
3
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Schechter Investment Advisors
Michigan
+$15.8M
2
AA
AQR Arbitrage
Connecticut
+$15.2M
3
KL
KIM LLC
Kansas
+$10.2M
4
PC
Periscope Capital
Ontario, Canada
+$10.1M
5
KIM
Karpus Investment Management
New York
+$9.28M

Top Sellers

Rank Fund Capital Flow
1
FTCM
Fir Tree Capital Management
New York
-$281K
2
CS
Clear Street
New York
-$159K
3
HCM
Highbridge Capital Management
New York
-$101K
4
GCL
Glazer Capital LLC
New York
-$758
Name Holding Trade Value Shares
Change 		Change in
Stake
BI
26
Bulldog Investors
New Jersey
$2.03M +$2.03M +200,736 New
SCM
27
Shaolin Capital Management
Florida
$2.02M +$2.02M +200,000 New
Millennium Management
28
Millennium Management
New York
$1.79M +$1.79M +177,024 New
WC
29
Wealthspring Capital
New York
$1.58M +$1.57M +155,857 New
MTCM
30
Mint Tower Capital Management
Netherlands
$1.52M +$1.52M +150,000 New
WRBC
31
W.R. Berkley Corp
Connecticut
$1.51M +$1.5M +148,964 New
SRCM
32
Sage Rock Capital Management
New York
$1.44M – – –
PAMP
33
Polar Asset Management Partners
Ontario, Canada
$1.01M +$1.01M +100,000 New
FTCM
34
Fir Tree Capital Management
New York
$780K -$281K -27,774 -26%
Toronto Dominion Bank
35
Toronto Dominion Bank
Ontario, Canada
$506K +$505K +50,000 New
TCM
36
Tenor Capital Management
New York
$405K +$404K +40,000 New
HF
37
HRT Financial
New York
$270K +$270K +26,706 New
VF
38
Virtu Financial
New York
$266K +$266K +26,342 New
TI
39
TrueMark Investments
Illinois
$203K +$203K +20,052 New
EWM
40
Evercore Wealth Management
New York
$145K +$144K +14,300 New
CS
41
Clear Street
New York
$105K -$159K -15,758 -60%
UBS Group
42
UBS Group
Switzerland
$4.61K +$4.61K +456 New
HCM
43
Highbridge Capital Management
New York
– -$101K -10,000 Closed
1
2

LEGT Hedge Fund Activity: Q2 2024 in Review

42 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp III (LEGT) for Q2 2024, worth a combined $164M — up 596% from $23.5M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new LEGT positions and 1 closed out — a net gain of 34 holders — while 2 added to existing stakes and 3 trimmed.

The largest buyer was Schechter Investment Advisors, opening a new position worth an estimated $15.8M. The largest seller was Fir Tree Capital Management, cutting an estimated $281K.

  • 42 institutional investors held Legato Merger Corp III (LEGT) as of Q2 2024, up from 8 in Q1 2024.
  • Funds reported $164M of Legato Merger Corp III stock for Q2 2024, up 596% quarter-over-quarter.
  • 35 funds opened new Legato Merger Corp III positions in Q2 2024 and 1 closed out, a net change of +34 holders.
  • The largest Legato Merger Corp III buyer in Q2 2024 was Schechter Investment Advisors, an estimated $15.8M added.
  • The largest Legato Merger Corp III seller in Q2 2024 was Fir Tree Capital Management, an estimated $281K sold.

Based on aggregated 13F filings for Q2 2024.