Legato Merger Corp. II Unit
LGTOU
LGTOU was delisted on the 14th of February, 2023.
4 hedge funds and large institutions have $703K invested in Legato Merger Corp. II Unit in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 7 closing their positions.
64% less funds holding
Funds holding: 11 → 4 (-7)
92% less capital invested
Capital invested by funds: $8.52M → $703K (-$7.82M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wealthspring Capital
West Harrison,
New York
|
-$3.45M |
| 2 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
-$3.04M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$505K |
| 4 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$325K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
1
Hodges Capital Management
Dallas,
Texas
| $497K | -$505K | -50,000 | -50% |
|
2
Walleye Capital
New York
| $167K | – | – | – |
|
|
CS
3
Clear Street
New York
| $35K | -$72.8K | -7,209 | -67% |
|
4
UBS Group
Zurich,
Switzerland
| $4K | – | – | – |
|
|
WC
5
Wealthspring Capital
West Harrison,
New York
| – | -$3.45M | -344,270 | Closed |
|
|
SIA
6
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$3.04M | -303,080 | Closed |
|
|
SMA
7
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$325K | -32,390 | Closed |
|
|
8
Wolverine Trading
Chicago,
Illinois
| – | -$270K | -26,834 | Closed |
|
|
LCM
9
Lynwood Capital Management
Toronto,
Ontario, Canada
| – | -$100K | -10,000 | Closed |
|
|
CCM
10
Condor Capital Management
Martinsville,
New Jersey
| – | -$30K | -3,000 | Closed |
|
|
RCM
11
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$18K | -1,782 | Closed |
|
LGTOU Hedge Fund Activity: Q3 2022 in Review
4 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Legato Merger Corp. II Unit (LGTOU) for Q3 2022, worth a combined $703K — down 92% from $8.52M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LGTOU and 0 opened new positions — a net loss of 7 holders — while 2 trimmed existing stakes and 0 added.
The largest seller was Wealthspring Capital, exiting entirely with an estimated $3.45M sold.
- 4 institutional investors held Legato Merger Corp. II Unit (LGTOU) as of Q3 2022, down from 11 in Q2 2022.
- Funds reported $703K of Legato Merger Corp. II Unit stock for Q3 2022, down 92% quarter-over-quarter.
- 0 funds opened new Legato Merger Corp. II Unit positions in Q3 2022 and 7 closed out, a net change of -7 holders.
- The largest Legato Merger Corp. II Unit seller in Q3 2022 was Wealthspring Capital, an estimated $3.45M sold.
Based on aggregated 13F filings for Q3 2022.