Legato Merger Corp. III
Legato Merger Corp. III (LEGT) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · LEGT · as of Mar 31, 2025
Ownership Breakdown
46
Institutional Holders
▼ 3 vs Q4
$199.81M
Total Inst. Value
▲ $8.97M vs Q4
25.97M
Shares Outstanding
freeFloat 74.45%
19.05M
13F Shares Held
▲ 262,822 vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
LEGT largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
KARPUS MANAGEMENT, INC. blank checks | 3.84M | 14.87% | 14.87% | $40.25B | May 14, 2025 | ▲ 105.8K |
FIRST TRUST CAPITAL MANAGEMENT L.P. blank checks | 1.80M | 6.98% | 6.98% | $18.89B | Jul 25, 2025 | — held |
SCHECHTER INVESTMENT ADVISORS, LLC blank checks | 1.41M | 5.45% | 5.45% | $14.76B | May 1, 2025 | ▼ 29.2K |
AQR ARBITRAGE LLC blank checks | 1.40M | 5.43% | 5.43% | $14.68B | May 15, 2025 | ▼ 80.0K |
D. E. SHAW & CO., INC. blank checks | 996.2K | 3.86% | 3.86% | $10.45B | May 15, 2025 | — held |
RIVERNORTH CAPITAL MANAGEMENT, LLC blank checks | 784.8K | 3.04% | 3.04% | $8.23B | May 15, 2025 | — held |
HUDSON BAY CAPITAL MANAGEMENT LP blank checks | 650.0K | 2.52% | 2.52% | $6.82B | May 14, 2025 | — held |
MOORE CAPITAL MANAGEMENT, LP blank checks | 550.0K | 2.13% | 2.13% | $5.77B | Aug 12, 2025 | — held |
DEUTSCHE BANK AG\ blank checks | 493.0K | 1.91% | 1.91% | $5.17B | May 9, 2025 | — held |
LINDEN ADVISORS LP blank checks | 450.0K | 1.74% | 1.74% | $4.72B | May 15, 2025 | — held |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
5
Increased
+555.7K shares3
New Positions
first time holders11
Decreased
−460.7K shares4
Sold Out
fully exitedNet shares change (top 50)
+95.0K
+555.7K / −460.7K
Net new holders
-7
3 new / 4 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
LEGT insider trading · insider activity
Source: SEC Form 4
Recent Insider Transactions
Showing 10 most recent · Common Stock only
No recent insider transactions reported.
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Legato Merger Corp. III (LEGT) is primarily owned by institutional investors, who hold approximately 73.4% of total shares outstanding. Company insiders own approximately 25.55%, while retail and public investors account for the remaining 1.09%.
The largest institutional shareholder of Legato Merger Corp. III is KARPUS MANAGEMENT, INC., holding approximately 3.84 million shares — equal to 14.87% of outstanding shares — as of March 31, 2025.
A total of 46 institutional investors currently hold LEGT stock, with a combined institutional value of approximately $199,811,180 as of the most recent 13F filing period.
Frequently asked questions
LEGT ownershipLegato Merger Corp. III (LEGT) is primarily owned by institutional investors, who hold approximately 73.4% of shares. The largest shareholder is KARPUS MANAGEMENT, INC. with a 14.87% stake. Company insiders hold 25.55%. Data sourced from SEC Form 13F as of March 31, 2025.