Legato Capital Management LLC

Other Low signal CIK 1442641
League rank
#133
in Other · #693 overall
Long book
$1.10B
Q1 2026
Positions
726
Top-10 weight
12%
concentration
Last quarter
+19.0%
SPY +14.8%
Turnover
36%
of book per quarter

Strategy in plain words

auto-generated from filings

Legato Capital Management LLC is an institutional manager, running a $1.10B US long book across 726 positions.

The portfolio is broadly diversified across 726 positions (top 10 only 12%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ARGAN INC, APPLE INC, BROADCOM INC, NVIDIA CORP, STONEX GROUP INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.1%
Q2 2024
+9.4%
Q3 2024
+1.5%
Q4 2024
-10.0%
Q1 2025
+12.6%
Q2 2025
+9.8%
Q3 2025
+1.7%
Q4 2025
-1.2%
Q1 2026
+19.0%

Sector allocation

Technology
25%
Industrials
19%
Healthcare
15%
Financials
12%
Consumer discretionary
7%
Services media
7%
Other
4%
Utilities
3%

Long book by quarter

$829.0M
Q1 2024
$742.2M
Q2 2024
$809.1M
Q3 2024
$765.2M
Q4 2024
$742.2M
Q1 2025
$839.3M
Q2 2025
$918.0M
Q3 2025
$1.16B
Q4 2025
$1.10B
Q1 2026

What does Legato Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AGX ARGAN INCIndustrials33.1K$18.0M1.6%-15.8%
AAPL APPLE INCTechnology59.2K$15.0M1.4%+3.9%
AVGO BROADCOM INCTechnology48.4K$15.0M1.4%+10.2%
NVDA NVIDIA CORPTechnology78.9K$13.8M1.3%-4.7%
SNEX STONEX GROUP INCFinancials168.3K$13.6M1.2%+37.2%
IESC IES HOLDINGS INCIndustrials27.5K$13.1M1.2%-9.5%
VSEC VSE CORPServices media61.7K$11.4M1.0%-4.1%
GOOGL ALPHABET INC-CL ATechnology32.8K$9.4M0.9%-12.1%
STRL STERLING INFRASTRUCTURE INCIndustrials21.7K$8.8M0.8%+72.4%
BGC BGC GROUP INC-AFinancials844.7K$8.3M0.8%-0.2%
AMZN AMAZON.COM INCConsumer discretionary38.6K$8.0M0.7%-5.0%
TFIN TRIUMPH FINANCIAL INCFinancials132.7K$7.9M0.7%Held
MSFT MICROSOFT CORPTechnology21.1K$7.8M0.7%-11.0%
MOD MODINE MANUFACTURING COIndustrials35.2K$7.6M0.7%+77.0%
KTOS KRATOS DEFENSE & SECURITYIndustrials104.2K$7.3M0.7%-1.5%
LYTS LSI INDUSTRIES INCIndustrials392.9K$7.3M0.7%-0.3%
PLUS EPLUS INCConsumer discretionary94.4K$7.1M0.6%+4.0%
LINC LINCOLN EDUCATIONAL SERVICESServices media173.6K$7.1M0.6%+38.4%
UFPT UFP TECHNOLOGIES INCHealthcare35.7K$6.9M0.6%+1.3%
NFLX NETFLIX INCServices media70.3K$6.8M0.6%+2.5%
INSM INSMED INCHealthcare39.6K$6.5M0.6%-1.1%
WINA WINMARK CORPConsumer discretionary14.9K$6.4M0.6%Held
ADI ANALOG DEVICES INCTechnology19.8K$6.3M0.6%+5.9%
BWXT BWX TECHNOLOGIES INCIndustrials30.5K$6.2M0.6%-5.2%
AGYS AGILYSYS INCTechnology85.9K$6.1M0.6%+15.8%
TSLA TESLA INCIndustrials16.4K$6.1M0.6%+10.5%
NBBK NB BANCORP INCFinancials276.1K$5.8M0.5%+61.1%
IIIV I3 VERTICALS INC-CLASS ATechnology247.4K$5.5M0.5%Held
AEIS ADVANCED ENERGY INDUSTRIESTechnology16.9K$5.5M0.5%-20.2%
DJCO DAILY JOURNAL CORPOther10.7K$5.2M0.5%-24.9%
CWCO CONSOLIDATED WATER CO-ORD SHUtilities150.3K$5.0M0.5%Held
BMY BRISTOL-MYERS SQUIBB COHealthcare81.0K$4.9M0.4%-18.7%
QCOM QUALCOMM INCTechnology37.7K$4.9M0.4%+7.8%
FN FABRINETTechnology9.3K$4.8M0.4%+28.6%
CRS CARPENTER TECHNOLOGYIndustrials12.3K$4.8M0.4%-14.8%
COST COSTCO WHOLESALE CORPConsumer discretionary4.8K$4.8M0.4%+9.3%
REGN REGENERON PHARMACEUTICALSHealthcare6.0K$4.6M0.4%-31.8%
ODC OIL-DRI CORP OF AMERICAOther70.5K$4.6M0.4%New
MELI MERCADOLIBRE INCServices media2.6K$4.6M0.4%Held
JPM JPMORGAN CHASE & COFinancials15.6K$4.6M0.4%-4.8%
CSCO CISCO SYSTEMS INCTechnology58.4K$4.5M0.4%+9.4%
ROST ROSS STORES INCConsumer discretionary20.9K$4.5M0.4%-21.1%
LGND LIGAND PHARMACEUTICALSHealthcare22.4K$4.5M0.4%-14.7%
ORCL ORACLE CORPTechnology29.6K$4.4M0.4%+84.5%
VZ VERIZON COMMUNICATIONS INCCommunications85.8K$4.3M0.4%+27.2%
C CITIGROUP INCFinancials38.0K$4.3M0.4%+75.0%
BBIO BRIDGEBIO PHARMA INCHealthcare56.3K$4.2M0.4%+24.5%
OMC OMNICOM GROUPServices media55.2K$4.2M0.4%+771.2%
SPOT SPOTIFY TECHNOLOGY SACommunications8.5K$4.1M0.4%+6.3%
CLMB CLIMB GLOBAL SOLUTIONS INCConsumer discretionary207.9K$4.1M0.4%+414.3%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026726$1.10B canonicalSEC ↗
Q4 202513F-HRFeb 6, 2026750$1.16B canonicalSEC ↗
Q3 202513F-HRNov 12, 2025558$918.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025562$839.3M canonicalSEC ↗
Q1 202513F-HRMay 6, 2025563$742.2M canonicalSEC ↗
Q4 202413F-HRJan 29, 2025566$765.2M canonicalSEC ↗
Q3 202413F-HRNov 7, 2024559$809.1M canonicalSEC ↗
Q2 202413F-HRJul 26, 2024559$742.2M canonicalSEC ↗
Q1 202413F-HRApr 15, 2024563$829.0M canonicalSEC ↗