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 Sep 30, 2025
Ownership Breakdown
48
Institutional Holders
▲ 2 vs Q2
$210.17M
Total Inst. Value
▲ $2.71M vs Q2
25.97M
Shares Outstanding
freeFloat 74.45%
19.57M
13F Shares Held
▲ 139,285 vs Q2
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
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
KARPUS MANAGEMENT, INC. blank checks | 3.37M | 16.31% | 16.31% | $36.24B | Nov 14, 2025 | ▼ 121.1K |
FIRST TRUST CAPITAL MANAGEMENT L.P. blank checks | 1.80M | 8.71% | 8.71% | $19.34B | Nov 17, 2025 | — held |
WEALTHSPRING CAPITAL LLC blank checks | 1.46M | 7.07% | 7.07% | $15.71B | Oct 15, 2025 | ▼ 7.7K |
AQR ARBITRAGE LLC blank checks | 1.38M | 6.68% | 6.68% | $14.83B | Nov 14, 2025 | ▼ 18.7K |
TENOR CAPITAL MANAGEMENT CO., L.P. blank checks | 1.00M | 4.84% | 4.84% | $10.74B | Nov 14, 2025 | — held |
D. E. SHAW & CO., INC. blank checks | 996.2K | 4.82% | 4.82% | $10.70B | Nov 14, 2025 | — held |
RIVERNORTH CAPITAL MANAGEMENT, LLC blank checks | 783.7K | 3.79% | 3.79% | $8.42B | Nov 14, 2025 | ▼ 1.0K |
HUDSON BAY CAPITAL MANAGEMENT LP blank checks | 650.0K | 3.14% | 3.14% | $6.98B | Dec 15, 2025 | — held |
MOORE CAPITAL MANAGEMENT, LP blank checks | 550.0K | 2.66% | 2.66% | $5.91B | Nov 14, 2025 | — held |
DEUTSCHE BANK AG\ blank checks | 493.0K | 2.38% | 2.38% | $5.29B | Nov 13, 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
Q3 2025 vs prior quarter
Q3 2025
7
Increased
+699.6K shares2
New Positions
first time holders11
Decreased
−563.0K shares1
Sold Out
fully exitedNet shares change (top 50)
+136.7K
+699.6K / −563.0K
Net new holders
-3
2 new / 1 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 75.4% of total shares outstanding. Company insiders own approximately 25.55%, while retail and public investors account for the remaining 0.00%.
The largest institutional shareholder of Legato Merger Corp. III is KARPUS MANAGEMENT, INC., holding approximately 3.37 million shares — equal to 16.31% of outstanding shares — as of September 30, 2025.
A total of 48 institutional investors currently hold LEGT stock, with a combined institutional value of approximately $210,168,038 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 75.4% of shares. The largest shareholder is KARPUS MANAGEMENT, INC. with a 16.31% stake. Company insiders hold 25.55%. Data sourced from SEC Form 13F as of September 30, 2025.