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LEGT.U

Legato Merger Corp III Units
LEGT.U

Delisted

LEGT.U was delisted on the 9th of June, 2026.

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11 hedge funds and large institutions have $20.1M invested in Legato Merger Corp III Units in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.47% less ownership

Funds ownership: 11.89% → 9.43% (-2.5%)

20% less capital invested

Capital invested by funds: $25M → $20.1M (-$4.98M)

31% less funds holding

Funds holding: 16 → 11 (-5)

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

Holders
11
Holders Change
-5
Holders Change %
-31.25%
% of All Funds
0.16%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
–
Reduced
2
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Hudson Bay Capital Management
Hudson Bay Capital Management
Connecticut
+$1.54M
2
JP Morgan Chase
JP Morgan Chase
New York
+$2.05K

Top Sellers

Rank Fund Capital Flow
1
Walleye Capital
Walleye Capital
New York
-$2.27M
2
Walleye Trading
Walleye Trading
New York
-$1.28M
3
MCP
Maso Capital Partners
Hong Kong
-$1.27M
4
MI
MMCAP International
Cayman Islands
-$1.02M
5
RCM
Rivernorth Capital Management
Florida
-$725K
Name Holding Trade Value Shares
Change 		Change in
Stake
LA
1
Linden Advisors
New York
$4.65M – – –
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
2
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$4.62M – – –
LP
3
LMR Partners
United Kingdom
$3.08M – – –
SSA
4
Schonfeld Strategic Advisors
New York
$2.06M -$51.1K -4,988 -2%
UOC
5
UBS O'Connor
Illinois
$1.99M -$64.1K -6,260 -3%
Hudson Bay Capital Management
6
Hudson Bay Capital Management
Connecticut
$1.54M +$1.54M +150,000 New
Millennium Management
7
Millennium Management
New York
$1.28M – – –
YCM
8
Yakira Capital Management
Connecticut
$513K – – –
AC
9
Athos Capital
Hong Kong
$257K – – –
LIM
10
Longfellow Investment Management
Massachusetts
$61K – – –
JP Morgan Chase
11
JP Morgan Chase
New York
$2.05K +$2.05K +200 New
Walleye Capital
12
Walleye Capital
New York
– -$2.27M -223,102 Closed
Walleye Trading
13
Walleye Trading
New York
– -$1.28M -125,495 Closed
MCP
14
Maso Capital Partners
Hong Kong
– -$1.27M -125,000 Closed
MI
15
MMCAP International
Cayman Islands
– -$1.02M -100,000 Closed
RCM
16
Rivernorth Capital Management
Florida
– -$725K -71,172 Closed
CS
17
Clear Street
New York
– -$40.9K -4,015 Closed
UBS Group
18
UBS Group
Switzerland
– -$416 -41 Closed

LEGT.U Hedge Fund Activity: Q3 2024 in Review

11 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp III Units (LEGT.U) for Q3 2024, worth a combined $20.1M — down 20% from $25M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of LEGT.U and 2 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 0 added.

The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $1.54M. The largest seller was Walleye Capital, exiting entirely with an estimated $2.27M sold.

  • 11 institutional investors held Legato Merger Corp III Units (LEGT.U) as of Q3 2024, down from 16 in Q2 2024.
  • Funds reported $20.1M of Legato Merger Corp III Units stock for Q3 2024, down 20% quarter-over-quarter.
  • 2 funds opened new Legato Merger Corp III Units positions in Q3 2024 and 7 closed out, a net change of -5 holders.
  • The largest Legato Merger Corp III Units buyer in Q3 2024 was Hudson Bay Capital Management, an estimated $1.54M added.
  • The largest Legato Merger Corp III Units seller in Q3 2024 was Walleye Capital, an estimated $2.27M sold.

Based on aggregated 13F filings for Q3 2024.