Who owns Legacy Education Inc. (LGCY)
Which tracked institutional funds hold LGCY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LGCY company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
The tracked-fund tape on LGCY is one-sided between 2025-Q4 and 2026-Q1: 21 added or opened and 1 trimmed or exited — on balance accumulating.
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
LGCY’s largest tracked holder by dollar value, ROYCE & ASSOCIATES LP, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LGCY 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 58 tracked filers holding LGCY, 37 increased or opened the position and 20 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
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 LGCY 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 8
- VANGUARD CAPITAL MANAGEMENT LLC$5M
- ESSEX INVESTMENT MANAGEMENT CO LLC$2M
- BANK OF MONTREAL /CAN/$1M
- MILLENNIUM MANAGEMENT LLC$1M
- Informed Momentum Co LLC$728K
- CITADEL ADVISORS LLC$705K
Full exits 1
- VANGUARD GROUP INC$4M
Largest adds
- SEI INVESTMENTS CO$3M
- Truffle Hound Capital, LLC$2M
- ROYCE & ASSOCIATES LP$2M
- KENNEDY CAPITAL MANAGEMENT LLC$2M
- Mink Brook Asset Management LLC$1M
- BARD ASSOCIATES INC$1M
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 |
|---|---|---|---|---|
| ROYCE & ASSOCIATES LP added | 830,458 | $10M | 12.6% | 2026-Q1 |
| Holos Integrated Wealth LLC trimmed | 852,550 | $10M | 12.5% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC added | 614,564 | $8M | 9.3% | 2026-Q1 |
| BARD ASSOCIATES INC trimmed | 448,480 | $6M | 6.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 376,285 | $5M | 5.7% | 2026-Q1 |
| Truffle Hound Capital, LLC added | 350,000 | $4M | 5.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 260,004 | $3M | 3.9% | 2026-Q1 |
| Mink Brook Asset Management LLC added | 252,784 | $3M | 3.8% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 198,122 | $2M | 3.0% | 2026-Q1 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 185,000 | $2M | 2.8% | 2026-Q1 |
| ESSEX INVESTMENT MANAGEMENT CO LLC new | 143,439 | $2M | 2.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ new | 118,906 | $1M | 1.8% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 93,057 | $1M | 1.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 92,280 | $1M | 1.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 92,028 | $1M | 1.4% | 2026-Q1 |
| WHITE PINE CAPITAL LLC trimmed | 90,067 | $1M | 1.4% | 2026-Q1 |
| Ancora Advisors LLC added | 85,225 | $1M | 1.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 72,000 | $901K | 1.1% | 2026-Q1 |
| Informed Momentum Co LLC trimmed | 58,183 | $728K | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 56,325 | $705K | 0.9% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 53,327 | $668K | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 51,420 | $644K | 0.8% | 2026-Q1 |
| Legato Capital Management LLC new | 45,061 | $564K | 0.7% | 2026-Q1 |
| Manatuck Hill Partners, LLC | 44,600 | $558K | 0.7% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 43,800 | $548K | 0.7% | 2026-Q1 |
| BlackRock, Inc. added | 42,544 | $533K | 0.6% | 2026-Q1 |
| 683 Capital Management, LLC trimmed | 40,000 | $501K | 0.6% | 2026-Q1 |
| STATE STREET CORP added | 33,973 | $425K | 0.5% | 2026-Q1 |
| Integrated Wealth Concepts LLC | 30,378 | $380K | 0.5% | 2026-Q1 |
| CORSAIR CAPITAL MANAGEMENT, L.P. | 29,939 | $375K | 0.5% | 2026-Q1 |
| LPL Financial LLC new | 26,882 | $337K | 0.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 24,747 | $310K | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 21,847 | $274K | 0.3% | 2026-Q1 |
| Boston Partners trimmed | 21,378 | $268K | 0.3% | 2026-Q1 |
| NORTHERN TRUST CORP added | 19,991 | $250K | 0.3% | 2026-Q1 |
| UBS Group AG added | 18,501 | $232K | 0.3% | 2026-Q1 |
| MARSHALL WACE, LLP added | 18,361 | $230K | 0.3% | 2026-Q1 |
| Integrated Quantitative Investments LLC trimmed | 17,996 | $225K | 0.3% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 17,700 | $222K | 0.3% | 2026-Q1 |
| Hudson Bay Capital Management LP new | 15,222 | $191K | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP new | 14,615 | $182K | 0.2% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC new | 10,899 | $136K | 0.2% | 2026-Q1 |
| IFP Advisors, Inc | 10,825 | $136K | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd new | 10,096 | $126K | 0.2% | 2026-Q1 |
| BARCLAYS PLC trimmed | 8,878 | $111K | 0.1% | 2026-Q1 |
| Avanza Fonder AB | 7,098 | $89K | 0.1% | 2026-Q1 |
| CITIGROUP INC new | 6,889 | $86K | 0.1% | 2026-Q1 |
| Advisory Services Network, LLC added | 6,000 | $75K | 0.1% | 2026-Q1 |
| MORGAN STANLEY added | 5,053 | $63K | 0.1% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 4,641 | $58K | 0.1% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 4,448 | $56K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 2,421 | $30K | 0.0% | 2026-Q1 |
| NBC SECURITIES, INC. trimmed | 500 | $6K | 0.0% | 2026-Q1 |
| FMR LLC | 384 | $5K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 318 | $4K | 0.0% | 2026-Q1 |
| FEDERATED HERMES, INC. new | 250 | $3K | 0.0% | 2026-Q1 |
| SJS Investment Consulting Inc. added | 49 | $614 | 0.0% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 2 | $25 | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC added | 429,433 | $4M | 5.3% | 2025-Q4 stale |
| SG Capital Management LLC new | 235,214 | $2M | 2.7% | 2025-Q3 stale |
| Sanctuary Advisors, LLC added | 55,185 | $528K | 0.6% | 2025-Q3 stale |
| Polar Asset Management Partners Inc. trimmed | 25,000 | $239K | 0.3% | 2025-Q3 stale |
| Squarepoint Ops LLC new | 16,880 | $172K | 0.2% | 2025-Q4 stale |
| OMERS ADMINISTRATION Corp new | 14,800 | $151K | 0.2% | 2025-Q4 stale |
| XTX Topco Ltd new | 10,804 | $103K | 0.1% | 2025-Q3 stale |
| Orin Green Financial, LLC | 10,000 | $102K | 0.1% | 2025-Q4 stale |
| Global Retirement Partners, LLC new | 2,990 | $33K | 0.0% | 2025-Q2 stale |
| OSAIC HOLDINGS, INC. new | 700 | $8K | 0.0% | 2025-Q2 stale |
| Tower Research Capital LLC (TRC) trimmed | 152 | $2K | 0.0% | 2025-Q4 stale |
| Asset Dedication, LLC new | 100 | $1K | 0.0% | 2025-Q4 stale |
| NewEdge Advisors, LLC trimmed | 70 | $713 | 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.