Who owns LEGT (LEGT)
Which tracked institutional funds hold LEGT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LEGT company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
10 tracked funds added or opened LEGT while 13 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LEGT’s largest tracked holder by dollar value, Karpus Management, Inc., sizes it at 0.7% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LEGT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 50 tracked filers holding LEGT, 16 increased or opened the position and 22 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LEGT between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 5
- JPMORGAN CHASE & CO$8M
- RLH Capital LLC$7M
- Quarry LP$6M
- O'Connor Alternative Investments LLC$1M
- Fort Baker Capital Management LP$599K
Full exits 5
- BANK OF MONTREAL /CAN/$5M
- TWO SIGMA INVESTMENTS, LP$5M
- Bulldog Investors, LLP$1M
- OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC)$1M
- Walleye Capital LLC$670K
Largest adds
- BERKLEY W R CORP$13M
- MIZUHO SECURITIES USA LLC$9M
- HIGHBRIDGE CAPITAL MANAGEMENT LLC$3M
- METEORA CAPITAL, LLC$1M
- Hudson Bay Capital Management LP$262K
Largest trims
- Karpus Management, Inc.$13M
- Wealthspring Capital LLC$3M
- Lineage Point Capital LP$3M
- RIVERNORTH CAPITAL MANAGEMENT, LLC$1M
- Periscope Capital Inc.$837K
- MILLENNIUM MANAGEMENT LLC$599K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Karpus Management, Inc. trimmed | 2,139,308 | $24M | 8.6% | 2026-Q1 |
| BERKLEY W R CORP added | 1,466,215 | $16M | 5.9% | 2026-Q1 |
| AQR Arbitrage LLC trimmed | 1,379,225 | $15M | 5.5% | 2026-Q1 |
| First Trust Capital Management L.P. trimmed | 1,323,462 | $15M | 5.3% | 2026-Q1 |
| Hudson Bay Capital Management LP added | 1,163,446 | $13M | 4.7% | 2026-Q1 |
| Wealthspring Capital LLC trimmed | 1,145,553 | $13M | 4.6% | 2026-Q1 |
| MIZUHO SECURITIES USA LLC added | 1,040,563 | $11M | 4.1% | 2026-Q1 |
| TENOR CAPITAL MANAGEMENT Co., L.P. | 1,000,000 | $11M | 4.0% | 2026-Q1 |
| D. E. Shaw & Co., Inc. | 996,187 | $11M | 4.0% | 2026-Q1 |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 712,175 | $8M | 2.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 712,175 | $8M | 2.8% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 665,550 | $7M | 2.7% | 2026-Q1 |
| RLH Capital LLC new | 661,580 | $7M | 2.6% | 2026-Q1 |
| MOORE CAPITAL MANAGEMENT, LP | 550,000 | $6M | 2.2% | 2026-Q1 |
| Quarry LP new | 530,626 | $6M | 2.1% | 2026-Q1 |
| Westchester Capital Management, LLC | 483,161 | $5M | 1.9% | 2026-Q1 |
| Linden Advisors LP added | 450,658 | $5M | 1.8% | 2026-Q1 |
| METEORA CAPITAL, LLC added | 440,658 | $5M | 1.8% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT | 400,000 | $4M | 1.6% | 2026-Q1 |
| Alberta Investment Management Corp | 400,000 | $4M | 1.6% | 2026-Q1 |
| Radcliffe Capital Management, L.P. | 349,810 | $4M | 1.4% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC trimmed | 305,704 | $3M | 1.2% | 2026-Q1 |
| LMR Partners LLP | 300,000 | $3M | 1.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 243,000 | $3M | 1.0% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 214,117 | $2M | 0.9% | 2026-Q1 |
| Lineage Point Capital LP trimmed | 204,150 | $2M | 0.8% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 200,000 | $2M | 0.8% | 2026-Q1 |
| GLAZER CAPITAL, LLC trimmed | 187,506 | $2M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC | 163,288 | $2M | 0.7% | 2026-Q1 |
| Mint Tower Capital Management B.V. | 150,000 | $2M | 0.6% | 2026-Q1 |
| L1 Global Manager Pty Ltd | 150,000 | $2M | 0.6% | 2026-Q1 |
| Periscope Capital Inc. trimmed | 125,000 | $1M | 0.5% | 2026-Q1 |
| Polar Asset Management Partners Inc. added | 108,277 | $1M | 0.4% | 2026-Q1 |
| DLD Asset Management, LP | 107,984 | $1M | 0.4% | 2026-Q1 |
| Shaolin Capital Management LLC | 100,000 | $1M | 0.4% | 2026-Q1 |
| O'Connor Alternative Investments LLC new | 100,000 | $1M | 0.4% | 2026-Q1 |
| MMCAP International Inc. SPC | 100,000 | $1M | 0.4% | 2026-Q1 |
| Clear Street Group Inc. added | 79,691 | $876K | 0.3% | 2026-Q1 |
| HRT FINANCIAL LP trimmed | 69,481 | $763K | 0.3% | 2026-Q1 |
| Fort Baker Capital Management LP new | 54,487 | $599K | 0.2% | 2026-Q1 |
| Logan Stone Capital, LLC trimmed | 48,612 | $534K | 0.2% | 2026-Q1 |
| TORONTO DOMINION BANK | 41,500 | $456K | 0.2% | 2026-Q1 |
| TrueMark Investments, LLC | 18,096 | $199K | 0.1% | 2026-Q1 |
| Dakota Wealth Management trimmed | 17,550 | $193K | 0.1% | 2026-Q1 |
| Kepos Capital LP | 15,000 | $165K | 0.1% | 2026-Q1 |
| Evercore Wealth Management, LLC | 14,300 | $157K | 0.1% | 2026-Q1 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. trimmed | 10,894 | $120K | 0.0% | 2026-Q1 |
| Verition Fund Management LLC trimmed | 135,000 | $68K | 0.0% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 129,425 | $65K | 0.0% | 2026-Q1 |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC new | 942 | $10K | 0.0% | 2026-Q1 |
| Schechter Investment Advisors, LLC trimmed | 1,407,134 | $15M | 5.4% | 2025-Q1 stale |
| BANK OF MONTREAL /CAN/ new | 468,673 | $5M | 1.9% | 2025-Q4 stale |
| TWO SIGMA INVESTMENTS, LP | 437,500 | $5M | 1.7% | 2025-Q4 stale |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 405,972 | $4M | 1.6% | 2025-Q3 stale |
| Centiva Capital, LP | 325,000 | $3M | 1.2% | 2025-Q1 stale |
| Crossingbridge Advisors, LLC trimmed | 250,000 | $3M | 1.0% | 2025-Q1 stale |
| HGC Investment Management Inc. | 250,000 | $3M | 1.0% | 2025-Q1 stale |
| Bulldog Investors, LLP trimmed | 129,449 | $1M | 0.5% | 2025-Q4 stale |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) new | 100,000 | $1M | 0.4% | 2025-Q4 stale |
| Walleye Capital LLC new | 61,580 | $670K | 0.2% | 2025-Q4 stale |
| K2 PRINCIPAL FUND, L.P. | 49,748 | $534K | 0.2% | 2025-Q3 stale |
| MIZUHO SECURITIES USA LLC new | 45,250 | $471K | 0.2% | 2025-Q1 stale |
| CITADEL ADVISORS LLC trimmed | 22,138 | $238K | 0.1% | 2025-Q3 stale |
| ROBINSON CAPITAL MANAGEMENT, LLC added | 13,839 | $151K | 0.1% | 2025-Q4 stale |
| MORGAN STANLEY new | 14,000 | $150K | 0.1% | 2025-Q3 stale |
| BARDIN HILL MANAGEMENT PARTNERS LP new | 11,376 | $121K | 0.0% | 2025-Q2 stale |
| CLEAR STREET LLC added | 3,856 | $41K | 0.0% | 2025-Q2 stale |
| US BANCORP \DE\ trimmed | 3,890 | $41K | 0.0% | 2025-Q1 stale |
| UBS Group AG added | 681 | $7K | 0.0% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.