Legato Merger Corp III
LEGT
LEGT was delisted on the 9th of June, 2026.
48 hedge funds and large institutions have $191M invested in Legato Merger Corp III in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
14% more funds holding
Funds holding: 42 → 48 (+6)
11% more capital invested
Capital invested by funds: $172M → $191M (+$18.4M)
6.34% more ownership
Funds ownership: 65.53% → 71.87% (+6.3%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$5.37M |
| 2 |
LA
Linden Advisors
New York
|
+$4.62M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$3.08M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.97M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$1.8M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.15M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$758K |
| 4 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$752K |
| 5 |
KC
Kepos Capital
New York
|
-$718K |
LEGT Hedge Fund Activity: Q4 2024 in Review
48 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp III (LEGT) for Q4 2024, worth a combined $191M — up 11% from $172M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LEGT positions and 2 closed out — a net gain of 7 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $5.37M. The largest seller was Periscope Capital, cutting an estimated $1.8M.
- 48 institutional investors held Legato Merger Corp III (LEGT) as of Q4 2024, up from 42 in Q3 2024.
- Funds reported $191M of Legato Merger Corp III stock for Q4 2024, up 11% quarter-over-quarter.
- 9 funds opened new Legato Merger Corp III positions in Q4 2024 and 2 closed out, a net change of +7 holders.
- The largest Legato Merger Corp III buyer in Q4 2024 was D.E. Shaw & Co, an estimated $5.37M added.
- The largest Legato Merger Corp III seller in Q4 2024 was Periscope Capital, an estimated $1.8M sold.
Based on aggregated 13F filings for Q4 2024.