Who owns Legence Corp. Class A Common stock (LGN)
Which tracked institutional funds hold LGN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LGN company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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 LGN is one-sided between 2026-Q1 and 2026-Q2: 162 added or opened and 35 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
LGN’s largest tracked holder by dollar value, Blackstone Inc., sizes it at 5.4% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 5.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LGN 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 2026-Q1 and 2026-Q2, across 254 tracked filers holding LGN, 184 increased or opened the position and 86 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
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 LGN between the 2026-Q1 and 2026-Q2 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 50
- Jupiter Topco LLC$246M
- Forest Avenue Capital Management LP$132M
- Alyeska Investment Group, L.P.$62M
- JACOBS LEVY EQUITY MANAGEMENT, INC$56M
- EMERALD ADVISERS, LLC$56M
- Yaupon Capital Management LP$53M
Full exits 18
- JANUS HENDERSON GROUP PLC$245M
- GW&K Investment Management, LLC$34M
- LORD, ABBETT & CO. LLC$32M
- Shannon River Fund Management LLC$19M
- Hiddenite Capital Partners LP$14M
- NEXT CENTURY GROWTH INVESTORS LLC$13M
Largest adds
- BlackRock, Inc.$236M
- Blackstone Inc.$229M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$179M
- FIRST TRUST ADVISORS LP$152M
- VANGUARD PORTFOLIO MANAGEMENT LLC$136M
- VANGUARD CAPITAL MANAGEMENT LLC$127M
Largest trims
- FMR LLC$81M
- BAMCO INC /NY/$30M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$21M
- Driehaus Capital Management LLC$17M
- ArrowMark Colorado Holdings LLC$14M
- FRED ALGER MANAGEMENT, LLC$10M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Blackstone Inc. trimmed | 19,475,952 | $1.7B | 24.0% | 2026-Q2 |
| BlackRock, Inc. added | 4,523,195 | $386M | 5.6% | 2026-Q2 |
| Jupiter Topco LLC new | 2,882,048 | $246M | 3.5% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 2,870,439 | $245M | 3.5% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 2,564,791 | $219M | 3.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 2,539,939 | $216M | 3.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,495,846 | $213M | 3.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,881,424 | $160M | 2.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,555,495 | $133M | 1.9% | 2026-Q2 |
| Forest Avenue Capital Management LP new | 1,546,512 | $132M | 1.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 1,478,072 | $126M | 1.8% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP trimmed | 1,341,963 | $114M | 1.7% | 2026-Q2 |
| Invesco Ltd. added | 1,300,349 | $111M | 1.6% | 2026-Q2 |
| STATE STREET CORP added | 1,296,500 | $110M | 1.6% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,180,400 | $101M | 1.5% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 1,045,881 | $89M | 1.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 1,043,580 | $59M | 0.9% | 2026-Q2 |
| FMR LLC trimmed | 974,787 | $83M | 1.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 914,813 | $78M | 1.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 864,097 | $74M | 1.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 859,907 | $73M | 1.1% | 2026-Q2 |
| Merewether Investment Management, LP added | 852,658 | $73M | 1.0% | 2026-Q2 |
| UBS Group AG added | 787,489 | $67M | 1.0% | 2026-Q2 |
| Munro Partners added | 779,617 | $66M | 1.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 777,550 | $66M | 1.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 735,740 | $59M | 0.9% | 2026-Q2 |
| LOOMIS SAYLES & CO L P trimmed | 732,152 | $62M | 0.9% | 2026-Q2 |
| Alyeska Investment Group, L.P. new | 724,393 | $62M | 0.9% | 2026-Q2 |
| Clearbridge Investments, LLC added | 718,840 | $61M | 0.9% | 2026-Q2 |
| Value Aligned Research Advisors, LLC added | 692,150 | $59M | 0.9% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 671,675 | $57M | 0.8% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC new | 658,709 | $56M | 0.8% | 2026-Q2 |
| EMERALD ADVISERS, LLC new | 653,788 | $56M | 0.8% | 2026-Q2 |
| Yaupon Capital Management LP added | 627,256 | $53M | 0.8% | 2026-Q2 |
| SEVEN GRAND MANAGERS, LLC | 600,000 | $51M | 0.7% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 596,284 | $48M | 0.7% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 592,378 | $50M | 0.7% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. new | 555,024 | $47M | 0.7% | 2026-Q2 |
| Nuveen, LLC added | 526,650 | $45M | 0.6% | 2026-Q2 |
| CI INVESTMENTS INC. trimmed | 508,613 | $43M | 0.6% | 2026-Q2 |
| Conestoga Capital Advisors, LLC added | 506,578 | $43M | 0.6% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 505,406 | $43M | 0.6% | 2026-Q2 |
| Ghisallo Capital Management LLC | 500,000 | $43M | 0.6% | 2026-Q2 |
| NORTHERN TRUST CORP added | 491,856 | $42M | 0.6% | 2026-Q2 |
| BAMCO INC /NY/ trimmed | 475,469 | $41M | 0.6% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 467,577 | $40M | 0.6% | 2026-Q2 |
| MORGAN STANLEY added | 435,506 | $37M | 0.5% | 2026-Q2 |
| EMERALD MUTUAL FUND ADVISERS TRUST new | 425,628 | $36M | 0.5% | 2026-Q2 |
| Driehaus Capital Management LLC trimmed | 408,382 | $35M | 0.5% | 2026-Q2 |
| Goodlander Investment Management, LLC trimmed | 390,000 | $33M | 0.5% | 2026-Q2 |
| Qube Research & Technologies Ltd new | 388,820 | $33M | 0.5% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 388,756 | $33M | 0.5% | 2026-Q2 |
| Pictet Asset Management Holding SA added | 381,505 | $33M | 0.5% | 2026-Q2 |
| ROYCE & ASSOCIATES LP added | 368,619 | $31M | 0.5% | 2026-Q2 |
| Engle Capital Management, L.P. trimmed | 362,199 | $31M | 0.4% | 2026-Q2 |
| BARCLAYS PLC added | 356,973 | $30M | 0.4% | 2026-Q2 |
| SOROS FUND MANAGEMENT LLC added | 328,000 | $28M | 0.4% | 2026-Q2 |
| FRED ALGER MANAGEMENT, LLC trimmed | 316,697 | $27M | 0.4% | 2026-Q2 |
| Penn Capital Management Company, LLC trimmed | 311,830 | $27M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 281,404 | $24M | 0.3% | 2026-Q2 |
| TimesSquare Capital Management, LLC trimmed | 276,601 | $24M | 0.3% | 2026-Q2 |
| CITIGROUP INC added | 264,397 | $23M | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 264,000 | $23M | 0.3% | 2026-Q2 |
| GILDER GAGNON HOWE & CO LLC added | 258,691 | $22M | 0.3% | 2026-Q2 |
| Zimmer Partners, LP trimmed | 247,500 | $21M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 237,700 | $20M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 231,670 | $20M | 0.3% | 2026-Q2 |
| AXIOM INVESTORS LLC /DE new | 225,101 | $19M | 0.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 213,360 | $18M | 0.3% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 210,858 | $18M | 0.3% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 208,258 | $18M | 0.3% | 2026-Q2 |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 206,500 | $18M | 0.3% | 2026-Q2 |
| Burkehill Global Management, LP trimmed | 200,000 | $17M | 0.2% | 2026-Q2 |
| Verition Fund Management LLC added | 197,049 | $17M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 179,696 | $15M | 0.2% | 2026-Q2 |
| Walleye Capital LLC added | 178,929 | $15M | 0.2% | 2026-Q2 |
| Hudson Bay Capital Management LP added | 168,740 | $14M | 0.2% | 2026-Q2 |
| Voleon Capital Management LP added | 166,060 | $14M | 0.2% | 2026-Q2 |
| Capelight Capital Asset Management LP added | 165,000 | $14M | 0.2% | 2026-Q2 |
| Trexquant Investment LP added | 147,380 | $13M | 0.2% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC trimmed | 142,435 | $12M | 0.2% | 2026-Q2 |
| NORGES BANK trimmed | 127,514 | $11M | 0.2% | 2026-Q2 |
| Asset Management One Co., Ltd. added | 126,729 | $11M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 126,081 | $11M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 120,141 | $10M | 0.1% | 2026-Q2 |
| WHITTIER TRUST CO new | 108,426 | $8M | 0.1% | 2026-Q2 |
| Swiss National Bank added | 108,000 | $9M | 0.1% | 2026-Q2 |
| BW Gestao de Investimentos Ltda. new | 100,000 | $9M | 0.1% | 2026-Q2 |
| 180 GPS Investments IC Ltd new | 93,429 | $8M | 0.1% | 2026-Q2 |
| Summit Creek Advisors LLC trimmed | 92,167 | $8M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 83,523 | $7M | 0.1% | 2026-Q2 |
| WINTON GROUP Ltd added | 83,300 | $7M | 0.1% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 82,587 | $7M | 0.1% | 2026-Q2 |
| Public Sector Pension Investment Board new | 82,000 | $7M | 0.1% | 2026-Q2 |
| Mediolanum International Funds Ltd new | 75,896 | $6M | 0.1% | 2026-Q2 |
| Covalis Capital LLP trimmed | 75,000 | $6M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 74,333 | $6M | 0.1% | 2026-Q2 |
| Jump Financial, LLC new | 73,200 | $6M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 71,208 | $6M | 0.1% | 2026-Q2 |
| LBP AM SA added | 70,608 | $6M | 0.1% | 2026-Q2 |
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.