Legato Merger Corp III
LEGT
LEGT was delisted on the 9th of June, 2026.
47 hedge funds and large institutions have $210M invested in Legato Merger Corp III in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
4% more funds holding
Funds holding: 45 → 47 (+2)
1% more capital invested
Capital invested by funds: $207M → $210M (+$2.71M)
0.54% more ownership
Funds ownership: 75.31% → 75.85% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$3.22M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$1.87M |
| 3 |
Millennium Management
New York
|
+$1.03M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$598K |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$2.68M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.3M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$624K |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$517K |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$506K |
LEGT Hedge Fund Activity: Q3 2025 in Review
47 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp III (LEGT) for Q3 2025, worth a combined $210M — up 1.3% from $207M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LEGT positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Meteora Capital, opening a new position worth an estimated $3.22M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, cutting an estimated $2.68M.
- 47 institutional investors held Legato Merger Corp III (LEGT) as of Q3 2025, up from 45 in Q2 2025.
- Funds reported $210M of Legato Merger Corp III stock for Q3 2025, up 1.3% quarter-over-quarter.
- 3 funds opened new Legato Merger Corp III positions in Q3 2025 and 1 closed out, a net change of +2 holders.
- The largest Legato Merger Corp III buyer in Q3 2025 was Meteora Capital, an estimated $3.22M added.
- The largest Legato Merger Corp III seller in Q3 2025 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2025.