Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

LEGATO MERGER CORP III (LEGT/WS)

39 + Investors. Track Smart Money conviction in LEGT/WS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
4Q ▲
Buyers last Q
44%

Smart Money Signals — LEGT/WS

Based on 39 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added LEGT/WS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
39 hedge funds hold LEGT/WS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +30% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+30% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 44% buying

11 buying14 selling
Last quarter: 14 funds reduced or exited vs 11 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 5 → 4 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 28% entered in last year

■ 5% conviction (2yr+) ■ 67% medium ■ 28% new
Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares -15%, value -100%

Value
-99%
Shares
-15%
Last quarter: funds added -15% more shares while total portfolio value only changed -100%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

4 → 6 → 5 → 4 → 6 new funds/Q
New funds entering each quarter: 6 → 5 → 4 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 8% veterans, 41% new entrants

■ 8% veterans ■ 51% 1-2yr ■ 41% new
Of 39 current holders: 3 (8%) held 2+ years, 20 held 1–2 years, 16 (41%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
7 of 39 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LEGT/WS

In 2025 Q4, 11 hedge funds were net buyers of LEGT/WS (6 opened a new position, 5 added to an existing one), while 14 reduced or exited (11 trimmed, 3 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 39.

Hedge Fund Ownership: LEGT/WS

How many hedge funds hold LEGT/WS — quarterly history vs. share price
Quarterly hedge fund ownership of LEGT/WS vs. share price

Market Analysis: LEGT/WS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LEGT/WS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: LEGT/WS
2026 Q1 Stats Unlock in 4 days 39 + Investors

Track Smart Money conviction in LEGT/WS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 39 36 8.33%
13F Shares 7M 9M -15.17%
Total Value $3M $658M -99.55%
New Positions 6 4 +2
Increased Positions 5 3 +2
Closed Positions 3 3 -
Reduced Positions 11 10 +1
Total Calls 1 1 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: LEGT/WS

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

39 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LEGT/WS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of LEGT/WS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 GRITSTONE ASSET MANAGEMENT LLC 0.12% 231,590 $116K
2 Harraden Circle Investments, LLC 0.05% 450,000 $225K
3 Lineage Point Capital LP 0.04% 320,100 $160K
4 Wealthspring Capital LLC 0.02% 172,650 $86K
5 T3 Companies, LLC 0.02% 28,594 $14K
6 PERISCOPE CAPITAL INC. 0.01% 200,000 $100K
7 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.01% 399,484 $200K
8 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.01% 569,169 $285K
9 JPMORGAN CHASE & CO 0.01% 569,169 $284.6M
10 K2 PRINCIPAL FUND, L.P. 0.01% 207,873 $104K
11 Bulldog Investors, LLP 0.01% 61,199 $31K
12 AQR Arbitrage LLC 0.01% 772,820 $363K
13 BOOTHBAY FUND MANAGEMENT, LLC 0.00% 26,345 $290K
14 Mint Tower Capital Management B.V. 0.00% 75,000 —
15 DLD Asset Management, LP 0.00% 66,667 $33K
16 MOORE CAPITAL MANAGEMENT, LP 0.00% 275,000 $138K
17 Shaolin Capital Management LLC 0.00% 150,000 $75K
18 MMCAP International Inc. SPC 0.00% 50,000 $25K
19 ARISTEIA CAPITAL, L.L.C. 0.00% 185,357 $97K
20 Polar Asset Management Partners Inc. 0.00% 200,000 $100K
21 READYSTATE ASSET MANAGEMENT LP 0.00% 82,600 $41K
22 GLAZER CAPITAL, LLC 0.00% 163,575 —
23 METEORA CAPITAL, LLC 0.00% 39,817 $20K
24 TrueMark Investments, LLC 0.00% 10,026 $5K
25 LMR Partners LLP 0.00% 602,647 $301K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — LEGATO MERGER CORP III (LEGT/WS)

What does the Smart Money Trend signal show for LEGT/WS?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added LEGT/WS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LEGT/WS?

More sellers than buyers — 44% buying: Last quarter: 14 funds reduced or exited vs 11 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for LEGT/WS holders?

Smaller funds dominant — 19% AUM from top-100: 7 of 39 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held LEGT/WS?

Mostly new holders — 28% entered in last year: Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.