Legato Merger Corp III
LEGT
LEGT was delisted on the 9th of June, 2026.
49 hedge funds and large institutions have $216M invested in Legato Merger Corp III in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 47 → 49 (+2)
3% more capital invested
Capital invested by funds: $210M → $216M (+$5.49M)
0.99% more ownership
Funds ownership: 75.85% → 76.84% (+0.99%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$5.48M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.08M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$4.82M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$1.3M |
| 5 |
DAM
DLD Asset Management
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$5.16M |
| 2 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$4.37M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.17M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.48M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.48M | -137,757 | Closed |
|
|
WAM
52
Weiss Asset Management
Boston,
Massachusetts
| – | -$661K | -61,450 | Closed |
|
|
SSA
53
Schonfeld Strategic Advisors
New York
| – | -$558K | -51,820 | Closed |
|
|
KPF
54
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$534K | -49,748 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$238K | -22,138 | Closed |
|
56
Morgan Stanley
New York
| – | -$150K | -14,000 | Closed |
|
LEGT Hedge Fund Activity: Q4 2025 in Review
49 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp III (LEGT) for Q4 2025, worth a combined $216M — up 2.6% from $210M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LEGT positions and 7 closed out — a net gain of 2 holders — while 6 added to existing stakes and 16 trimmed.
The largest buyer was Hudson Bay Capital Management, adding an estimated $5.48M. The largest seller was First Trust Capital Management, cutting an estimated $5.16M.
- 49 institutional investors held Legato Merger Corp III (LEGT) as of Q4 2025, up from 47 in Q3 2025.
- Funds reported $216M of Legato Merger Corp III stock for Q4 2025, up 2.6% quarter-over-quarter.
- 9 funds opened new Legato Merger Corp III positions in Q4 2025 and 7 closed out, a net change of +2 holders.
- The largest Legato Merger Corp III buyer in Q4 2025 was Hudson Bay Capital Management, an estimated $5.48M added.
- The largest Legato Merger Corp III seller in Q4 2025 was First Trust Capital Management, an estimated $5.16M sold.
Based on aggregated 13F filings for Q4 2025.