Legato Merger Corp. II Unit
LGTOU
LGTOU was delisted on the 14th of February, 2023.
11 hedge funds and large institutions have $8.52M invested in Legato Merger Corp. II Unit in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 9 closing their positions.
42% less funds holding
Funds holding: 19 → 11 (-8)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
81% less capital invested
Capital invested by funds: $44.9M → $8.52M (-$36.4M)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$270K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$8.96K |
| 3 |
CS
Clear Street
New York
|
+$4.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
-$15.1M |
| 2 |
CCA
Castle Creek Arbitrage
Avon,
Colorado
|
-$5.62M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$5.04M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$3.88M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.02M |
LGTOU Hedge Fund Activity: Q2 2022 in Review
11 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. II Unit (LGTOU) for Q2 2022, worth a combined $8.52M — down 81% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of LGTOU and 1 opened new positions — a net loss of 8 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $270K. The largest seller was Calamos Advisors, exiting entirely with an estimated $15.1M sold.
- 11 institutional investors held Legato Merger Corp. II Unit (LGTOU) as of Q2 2022, down from 19 in Q1 2022.
- Funds reported $8.52M of Legato Merger Corp. II Unit stock for Q2 2022, down 81% quarter-over-quarter.
- 1 fund opened new Legato Merger Corp. II Unit positions in Q2 2022 and 9 closed out, a net change of -8 holders.
- The largest Legato Merger Corp. II Unit buyer in Q2 2022 was Wolverine Trading, an estimated $270K added.
- The largest Legato Merger Corp. II Unit seller in Q2 2022 was Calamos Advisors, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2022.