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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
SIA
1
Schechter Investment Advisors
Michigan
$15.8M +$15.8M +1,560,824 New
AA
2
AQR Arbitrage
Connecticut
$15.2M +$15.2M +1,499,999 New
CAC
3
Cowen and Company
New York
$10.6M +$666K +65,882 +7%
KL
4
KIM LLC
Kansas
$10.2M +$10.2M +1,006,000 New
PC
5
Periscope Capital
Ontario, Canada
$10.1M +$10.1M +999,600 New
KIM
6
Karpus Investment Management
New York
$9.29M +$9.28M +918,275 New
RCM
7
Rivernorth Capital Management
Florida
$7.36M +$7.35M +727,796 New
MCM
8
Moore Capital Management
New York
$5.56M – – –
Citadel Advisors
9
Citadel Advisors
Florida
$5.08M +$5.08M +502,469 New
Hudson Bay Capital Management
10
Hudson Bay Capital Management
Connecticut
$5.06M +$5.05M +500,000 New
Deutsche Bank
11
Deutsche Bank
Germany
$5.01M +$5.01M +496,000 New
CA
12
Crossingbridge Advisors
New York
$4.91M +$2.38M +235,500 +94%
Verition Fund Management
13
Verition Fund Management
Connecticut
$4.57M +$4.57M +452,064 New
Two Sigma Investments
14
Two Sigma Investments
New York
$4.42M +$4.42M +437,500 New
COPPSERS
15
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.11M +$4.1M +405,972 New
PMAM
16
Picton Mahoney Asset Management
Ontario, Canada
$4.04M +$4.04M +400,000 New
WCMNY
17
Westchester Capital Management (New York)
New York
$3.88M +$3.87M +383,161 New
KC
18
Kepos Capital
New York
$3.54M +$3.54M +350,000 New
CC
19
Centiva Capital
New York
$3.29M +$3.28M +325,000 New
Capstone Investment Advisors
20
Capstone Investment Advisors
New York
$3.03M +$3.03M +300,000 New
GCL
21
Glazer Capital LLC
New York
$2.75M -$758 -75 -0%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$2.75M +$2.75M +272,200 New
FTCM
23
First Trust Capital Management
Illinois
$2.57M +$2.56M +253,667 New
JP Morgan Chase
24
JP Morgan Chase
New York
$2.55M +$2.54M +251,666 New
HIM
25
HGC Investment Management
Ontario, Canada
$2.53M +$2.53M +250,000 New
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.