Legato Merger Corp.
LEGT • AMEX
Legato Merger Corp. is a shell companies company in the financial services sector on AMEX, with a market cap of $278.4M. As of Q3 2025, 74% of shares are held by 44 institutional investors, with Karpus Management, Inc. as the largest holder at 13.08%.
Market Cap$278.4M
Shell Companies
Financial Services
Websitelegatomerger.com
Country
United States of America
Overview
Overview of institutional ownership in LEGT as of Q3 2025 with a market cap of $277.1M
All Institutions
- Institutions
- 44
- Value Held
- $205.1M
- Shares Held
- 19.1M
- Avg Position
- $4.7M
- Median Position
- $2.9M
Hedge Funds
- Hedge Funds
- 22
- Value Held
- $101.8M
- Shares Held
- 9.5M
- Avg Position
- $4.6M
- Median Position
- $3.6M
Ownership Breakdown
Based on market cap of $277.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in LEGT as of Q3 2025
| Institution | Position Value |
|---|---|
K Karpus Management, Inc. Institution | $36.2M 1.17% of portfolio |
 Vivaldi Asset Management, LLC Fund of Funds | $19.3M 1.28% of portfolio |
 Wealthspring Capital LLC Hedge Fund•Event Driven | $15.7M 4.42% of portfolio |
 CNH PARTNERS LLC Hedge Fund•Multi-Strategy | $14.8M 0.55% of portfolio |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | $10.7M 1.33% of portfolio |
D D. E. Shaw & Co., Inc. Institution | $10.7M 0.01% of portfolio |
 RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | $8.4M 0.51% of portfolio |
 Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy | $7.0M 0.05% of portfolio |
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro | $5.9M 0.12% of portfolio |
 DEUTSCHE BANK AG\ Institution | $5.3M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for LEGT in Q3 2025
- Traded
- −$570.0K
- Buyers
- 8
- Sellers
- 13
- Total Bought
- +$7.7M
- Total Sold
- −$8.2M
- Avg Position
- $4.5M
Biggest Buyers
| Institution | Net Bought |
|---|---|
 Meteora Capital, LLC Hedge Fund•Event Driven | +$3.2M +300.3K shares |
 Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | +$1.9M +174.0K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$1.0M +96.4K shares |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$598.9K +55.8K shares |
 BERKLEY W R CORP Institution | +$537.7K +50.1K shares |
T TrueMark Investments, LLC Institution | +$204.3K +19.0K shares |
 MORGAN STANLEY RIA/Wealth | +$150.4K +14.0K shares |
 Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | +$43.8K +4.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
H | −$2.7M −250.0K shares |
 UBS OCONNOR LLC Long Only Manager | −$2.1M −193.7K shares |
K Karpus Management, Inc. Institution | −$1.3M −121.1K shares |
 Verition Fund Management LLC Hedge Fund•Multi-Strategy | −$624.6K −58.2K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | −$518.4K −48.2K shares |
 TORONTO DOMINION BANK Institution | −$506.1K −47.1K shares |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | −$200.8K −18.7K shares |
H Halcyon Management Partners LP Institution | −$121.5K −11.4K shares |
 Bulldog Investors, LLC Hedge Fund•Activist | −$92.1K −8.6K shares |
Wealthspring Capital LLC Hedge Fund•Event Driven | −$82.7K −7.7K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited LEGT in Q3 2025
- New Positions
- 1
- New Value
- $150.4K
- Exited Positions
- 2
- Exited Value
- $2.2M
New Positions
| Institution | Position Value |
|---|---|
MORGAN STANLEY RIA/Wealth | $150.4K 14.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
UBS OCONNOR LLC Long Only Manager | $2.1M 193.7K shares |
H Halcyon Management Partners LP Institution | $121.5K 11.4K shares |
Options Activity
Institutions with the largest Call and Put options positions in LEGT as of Q3 2025
- Call Positions
- 1
- Call Value
- $40.5K
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
 DLD Asset Management, LP Hedge Fund•Multi-Strategy | $40.5K 1.1K contracts |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with LEGT as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Wealthspring Capital LLC Hedge Fund•Event Driven | 4.42% $15.7M |
 Kepos Capital LP Hedge Fund•Global Macro | 1.89% $322.2K |
T TENOR CAPITAL MANAGEMENT Co., L.P. Hedge Fund•Multi-Strategy | 1.33% $10.7M |
Vivaldi Asset Management, LLC Fund of Funds | 1.28% $19.3M |
K Karpus Management, Inc. Institution | 1.17% $36.2M |
 PERISCOPE CAPITAL INC. Institution | 0.96% $3.5M |
Radcliffe Capital Management, L.P. Hedge Fund•Multi-Strategy | 0.86% $3.9M |
CNH PARTNERS LLC Hedge Fund•Multi-Strategy | 0.55% $14.8M |
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy | 0.51% $8.4M |
 LINDEN ADVISORS LP Hedge Fund•Multi-Strategy | 0.50% $4.8M |
Hedge Fund Spotlight
Discover hedge funds investing in LEGT
M
MOORE CAPITAL MANAGEMENT, LP
Hedge Fund • Global Macro
Portfolio ManagerLouis Moore Bacon
- Portfolio Value
- $4.8B
- Positions
- 454
- Last Reported
- Q3 2025
Sector Allocation
Position in Legato Merger Corp.
- Market Value
- $5.9M
- Shares Held
- 550.0K
- Portfolio Weight
- 0.12%
- Owned Since
- 2024-Q1
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $249.2M | 5.14% | |
ETF ETF | $202.7M | 4.18% | |
Banks - Diversified Financial Services | $135.6M | 2.80% |
