RIVERNORTH CAPITAL MANAGEMENT, LLC LEGT LEGATO MERGER CORP III

Ownership history in RIVERNORTH CAPITAL MANAGEMENT, LLC  ·  8 quarters on record

AI Ownership Summary

RIVERNORTH CAPITAL MANAGEMENT, LLC reported LEGATO MERGER CORP III (LEGT) in 8 quarterly 13F filings from 2024 Q2 through 2026 Q1. Peak portfolio weight reached 0.48% in 2025 Q3. The latest visible filing shows LEGT at 0.37% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this LEGT ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was RIVERNORTH CAPITAL MANAGEMENT, LLC's position in LEGATO MERGER CORP III, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

LEGT was reported at 0.37% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.48% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q2 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How RIVERNORTH CAPITAL MANAGEMENT, LLC held LEGT — position size vs. price
% of Fund (quarterly)    LEGT price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 8 quarters  
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED 665,550 -117,246 -15.0% 0.37% $7.3M 2026-05-15 $11.08
2025 Q4 REDUCED 782,796 -928 -0.1% 0.40% $8.5M 2026-02-17 $10.93
2025 Q3 REDUCED 783,724 -1,028 -0.1% 0.48% $8.4M 2025-11-14 $10.88
2025 Q2 UNCHANGED 784,752 0% 0.46% $8.4M 2025-08-14 $10.80
2025 Q1 UNCHANGED 784,752 0% 0.44% $8.2M 2025-05-15 $10.61
2024 Q4 ADDED 784,752 +56,956 +7.8% 0.39% $8.1M 2025-02-14 $10.38
2024 Q3 UNCHANGED 727,796 0% 0.36% $7.4M 2024-11-14 $10.27
2024 Q2 INITIATED 727,796 0.35% $7.4M 2024-08-14 $10.18

FAQ About RIVERNORTH CAPITAL MANAGEMENT, LLC and LEGT

These are the practical questions this page is built to answer before you even open the full history table.

How long has RIVERNORTH CAPITAL MANAGEMENT, LLC reported owning LEGT?

RIVERNORTH CAPITAL MANAGEMENT, LLC reported LEGT across 8 quarterly 13F filings, from 2024 Q2 through 2026 Q1.

What was the largest reported LEGT position in RIVERNORTH CAPITAL MANAGEMENT, LLC's portfolio?

The largest reported portfolio weight for LEGT was 0.48% in 2025 Q3.

What is the latest reported LEGT position on this page?

The most recent filing on this page is 2026 Q1, when RIVERNORTH CAPITAL MANAGEMENT, LLC reported 665,550 shares, equal to 0.37% of portfolio, with an estimated market value of $7.3M.

What does the chart on this LEGT ownership page compare?

The chart compares RIVERNORTH CAPITAL MANAGEMENT, LLC's quarterly LEGT portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did RIVERNORTH CAPITAL MANAGEMENT, LLC time their LEGT position?

Based on 13F filing dates vs. subsequent LEGT price moves, RIVERNORTH CAPITAL MANAGEMENT, LLC correctly timed 2 out of 4 reported position changes (50%). The annualised alpha on LEGT relative to SPY over the holding period was -13.0%.

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