Legato Merger Corp III
LEGT
LEGT was delisted on the 9th of June, 2026.
42 hedge funds and large institutions have $172M invested in Legato Merger Corp III in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 7 closing their positions.
5% more capital invested
Capital invested by funds: $164M → $172M (+$8.64M)
2.78% more ownership
Funds ownership: 62.75% → 65.53% (+2.8%)
0% more funds holding
Funds holding: 42 → 42 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$25.7M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$15.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$2.04M |
| 4 |
Goldman Sachs
New York
|
+$1.09M |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KIM LLC
Wichita,
Kansas
|
-$10.2M |
| 2 |
CAC
Cowen and Company
New York
|
-$9.65M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.08M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$4.06M |
| 5 |
Capstone Investment Advisors
New York
|
-$3.03M |
LEGT Hedge Fund Activity: Q3 2024 in Review
42 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp III (LEGT) for Q3 2024, worth a combined $172M — up 5.3% from $164M a quarter earlier.
Fund positioning in LEGT was balanced in Q3 2024: 7 funds opened new positions, 7 closed out, 7 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $25.7M. The largest seller was KIM LLC, exiting entirely with an estimated $10.2M sold.
- 42 institutional investors held Legato Merger Corp III (LEGT) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $172M of Legato Merger Corp III stock for Q3 2024, up 5.3% quarter-over-quarter.
- 7 funds opened new Legato Merger Corp III positions in Q3 2024 and 7 closed out, a net change of 0 holders.
- The largest Legato Merger Corp III buyer in Q3 2024 was Karpus Investment Management, an estimated $25.7M added.
- The largest Legato Merger Corp III seller in Q3 2024 was KIM LLC, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2024.