Legato Capital Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Legato Capital Management LLC reported 563 stock positions worth $742.2 million. Its top holding was Argan (AGX) at 1.4% of the portfolio, followed by Stonex (SNEX, 1.3%) and BGC Class A (BGC, 1.0%). Compared with Q4 2024, it opened 74 new positions, sold out of 77, added to 161 and reduced 240. The biggest buy was MercadoLibre (MELI, shares +111%) and the biggest sale Agilysys (AGYS, shares −5%).

Most Recent 13F
Q2 2026
Location
San Francisco, CA
CIK
0001442641
Portfolio Value
$742.2M (Q1 2025)
SEC Filing
0001821268-25-000098 ↗ filed May 6, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $829.0M Q1 2024 Q2 2024: $742.2M Q2 2024 Q3 2024: $809.1M Q3 2024 Q4 2024: $765.2M Q4 2024 Q1 2025: $742.2M $742.2M Q1 2025 Q2 2025: $839.3M Q2 2025 Q3 2025: $918.0M Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 563 stocks · $742.2M
AGX Argan Inc. 1.37% 77,312 $10.1M Reduce -0.2%
SNEX Stonex Group Inc. 1.32% 128,713 $9.8M No change
BGC BGC Group Inc. Class A 1.03% 833,259 $7.6M Reduce -0.2%
UFPT Ufp Technologies Inc. 1.03% 37,725 $7.6M Add +4.1%
VSEC Vse Corp. 0.96% 59,605 $7.2M Add +9.5%
AAPL Apple Inc. 0.96% 32,181 $7.1M Add +14.1%
NFLX Netflix Inc. 0.94% 7,500 $7.0M Add +64.7%
AVGO Broadcom Inc. 0.91% 40,434 $6.8M Add +34.6%
REGN Regeneron Pharmaceuticals 0.84% 9,784 $6.2M Add +117.1%
LYTS Lsi Industries Inc. 0.83% 361,782 $6.2M Reduce -0.3%
IIIV I3 Verticals Inc. Class A 0.82% 246,184 $6.1M Add +34.0%
SPOT Spotify Technology SA 0.82% 11,000 $6.1M Add +59.5%
MELI MercadoLibre Inc. 0.78% 2,980 $5.8M Add +111.0%
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.78% 35,003 $5.8M Reduce -13.1%
PLUS Eplus Inc. 0.74% 89,541 $5.5M Add +3.1%
NVDA Nvidia Corp. 0.73% 50,000 $5.4M Add +84.2%
AGYS Agilysys Inc. 0.72% 73,825 $5.4M Reduce -4.7%
NOMD Nomad Foods Ltd. 0.71% 269,555 $5.3M No change
GOOGL Alphabet Inc. Class A 0.70% 33,577 $5.2M Add +65.0%
AMZN Amazon.com Inc. 0.65% 25,275 $4.8M Add +69.9%
ACN Accenture PLC Class A 0.64% 15,153 $4.7M Add +31.4%
WINA Winmark Corp. 0.64% 14,835 $4.7M No change
ISRG Intuitive Surgical Inc. 0.63% 9,500 $4.7M Add +57.5%
ADI Analog Devices Inc. 0.62% 22,643 $4.6M Add +50.4%
FSV Firstservice Corp. 0.59% 26,475 $4.4M No change
TFIN Triumph Financial Inc. 0.58% 74,123 $4.3M Add +15.2%
NOW ServiceNow Inc. 0.56% 5,200 $4.1M Add +98.1%
DE Deere & Co. 0.55% 8,714 $4.1M Add +59.9%
COST Costco Wholesale Corp. 0.55% 4,300 $4.1M Add +91.7%
TSLA Tesla Inc. 0.53% 15,300 $4.0M Add +40.4%
CRWD CrowdStrike Holdings Inc. Class A 0.52% 11,000 $3.9M Add +120.0%
DJCO Daily Journal Corp. 0.50% 9,305 $3.7M No change
CWCO Consolidated Water Co.-Ord SH 0.49% 149,525 $3.7M No change
JNJ Johnson & Johnson 0.49% 21,888 $3.6M No change
ADSK Autodesk Inc. 0.49% 13,775 $3.6M Add +58.7%
ROST Ross Stores Inc. 0.48% 27,600 $3.5M Add +110.7%
MSFT Microsoft Corp. 0.47% 9,355 $3.5M Add +8.1%
QCOM Qualcomm Inc. 0.46% 22,329 $3.4M Add +125.3%
V Visa Inc. Class A 0.46% 9,731 $3.4M No change
ICE Intercontinental Exchange Inc. 0.45% 19,217 $3.3M No change
SNPS Synopsys Inc. 0.44% 7,700 $3.3M Add +208.0%
ARIS WATER SOLUTIONS INC-A 0.44% 102,813 $3.3M Add +10.3%
SYK Stryker Corp. 0.43% 8,664 $3.2M No change
CORT Corcept Therapeutics Inc. 0.43% 27,975 $3.2M Reduce -13.4%
INSM Insmed Inc. 0.43% 41,857 $3.2M Add +13.5%
OSIS Osi Systems Inc. 0.42% 16,214 $3.2M Add +10.9%
HUBS HubSpot Inc. 0.42% 5,500 $3.1M Add +96.4%
KTOS Kratos Defense & Security 0.42% 105,432 $3.1M Add +2.8%
AMT American Tower Corp. 0.42% 14,300 $3.1M Add +125.6%
CB Chubb Ltd. 0.41% 10,200 $3.1M Add +120.9%
WMT Walmart Inc. 0.41% 34,865 $3.1M No change
PLMR Palomar Holdings Inc. 0.41% 22,216 $3.0M Add +275.3%
EMBJ Embraer SA-Spon ADR 0.41% 65,547 $3.0M Reduce -0.5%
LKQ LKQ Corp. 0.41% 70,797 $3.0M Add +12.0%
BRK.B Berkshire Hathaway Inc. Class B 0.39% 5,479 $2.9M No change
SIGA Siga Technologies Inc. 0.39% 532,441 $2.9M No change
SHO Sunstone Hotel Investors Inc. 0.39% 307,871 $2.9M No change
CSCO Cisco Systems Inc. 0.38% 46,250 $2.9M No change
VEEV Veeva Systems Inc. Class A 0.38% 12,300 $2.8M Add +115.8%
STGW Stagwell Inc. 0.38% 469,290 $2.8M No change
MMS Maximus Inc. 0.37% 40,570 $2.8M Add +26.3%
DDOG Datadog Inc. Class A 0.37% 27,500 $2.7M Add +111.5%
AYI Acuity Inc. 0.36% 10,247 $2.7M No change
DOX Amdocs Ltd. 0.36% 29,462 $2.7M Add +10.6%
JPM JPMorgan Chase & Co. 0.36% 10,985 $2.7M No change
WFC Wells Fargo & Co. 0.36% 37,484 $2.7M No change
BWXT BWX Technologies Inc. 0.36% 26,875 $2.7M Reduce -8.5%
REVG Rev Group Inc. 0.35% 81,742 $2.6M Reduce -26.6%
BMY Bristol-Myers Squibb Co. 0.35% 42,146 $2.6M No change
WDAY Workday Inc. Class A 0.34% 10,900 $2.5M Add +94.1%
INVX Innovex International Inc. 0.34% 140,970 $2.5M Reduce -5.3%
FSLR First Solar Inc. 0.34% 20,000 $2.5M Add +165.7%
CLX Clorox Company 0.34% 17,100 $2.5M Add +105.8%
DRS Leonardo DRS Inc. 0.33% 75,255 $2.5M Reduce -1.5%
TRIP Tripadvisor Inc. 0.33% 172,890 $2.4M New
ON On Semiconductor 0.33% 60,000 $2.4M Add +135.4%
AMGN Amgen Inc. 0.33% 7,831 $2.4M Reduce -10.4%
MTD Mettler-Toledo International 0.33% 2,050 $2.4M Add +107.7%
ELV Elevance Health Inc. 0.32% 5,433 $2.4M No change
ACI Albertsons Cos Inc. Class A 0.32% 107,221 $2.4M Add +19.2%
STRL Sterling Infrastructure Inc. 0.32% 20,706 $2.3M Reduce -12.7%
BLDR Builders Firstsource Inc. 0.32% 18,749 $2.3M Add +9.1%
JBI Janus International Group Inc. 0.31% 321,430 $2.3M No change
RBC RBC Bearings Inc. 0.31% 7,158 $2.3M Add +52.9%
ALSN Allison Transmission Holding 0.31% 24,032 $2.3M No change
WCC Wesco International Inc. 0.31% 14,622 $2.3M Add +68.7%
SKT Tanger Inc. 0.30% 65,330 $2.2M Add +29.3%
APH Amphenol Corp. Class A 0.30% 33,564 $2.2M Add +57.3%
ALG Alamo Group Inc. 0.29% 12,223 $2.2M Add +23.4%
GS Goldman Sachs Group Inc. 0.29% 3,978 $2.2M Reduce -23.6%
WAL Western Alliance Bancorp 0.29% 28,212 $2.2M Add +18.4%
CSGS CSG Systems Intl Inc. 0.29% 35,777 $2.2M Reduce -6.1%
AEIS Advanced Energy Industries 0.28% 22,179 $2.1M Reduce -1.0%
OLLI Ollie's Bargain Outlet Holdi 0.28% 17,934 $2.1M Reduce -2.8%
WGS Genedx Holdings Corp. 0.28% 23,287 $2.1M Reduce -15.9%
LGND Ligand Pharmaceuticals 0.28% 19,558 $2.1M Add +8.3%
MAS Masco Corp. 0.27% 29,333 $2.0M No change
RGEN Repligen Corp. 0.27% 16,000 $2.0M Add +101.5%
SYY Sysco Corp. 0.27% 27,000 $2.0M No change
ADMA Adma Biologics Inc. 0.27% 99,918 $2.0M Add +130.8%

Show all 563 holdings

Portfolio Sells Q4 2024 → Q1 2025
AGYS Agilysys Inc. Reduce -4.7% 0.72% −0.61
KRNT Kornit Digital Ltd. Reduce -80.8% 0.08% −0.56
CDMO Avid Bioservices Inc. Sold out 0.00% −0.55
EVR Evercore Inc. Class A Reduce -61.3% 0.17% −0.43
ALAB Astera Labs Inc. Reduce -80.0% 0.04% −0.40
ITCI Intra-Cellular Therapies Inc. Sold out 0.00% −0.32
MOD Modine Manufacturing Co. Reduce -59.0% 0.12% −0.30
IESC Ies Holdings Inc. Reduce -13.1% 0.78% −0.28
FRPT Freshpet Inc. Sold out 0.00% −0.27
CW Curtiss-Wright Corp. Sold out 0.00% −0.25
PRCT Procept Biorobotics Corp. Reduce -61.3% 0.09% −0.23
CORZ Core Scientific Inc. Sold out 0.00% −0.22
SHAK Shake Shack Inc. Class A Reduce -38.2% 0.17% −0.22
SWKS Skyworks Solutions Inc. Sold out 0.00% −0.22
META Meta Platforms Inc. Class A Sold out 0.00% −0.21
STRL Sterling Infrastructure Inc. Reduce -12.7% 0.32% −0.21
CRNX Crinetics Pharmaceuticals Inc. Sold out 0.00% −0.20
FTAI Ftai Aviation Ltd. Reduce -58.6% 0.09% −0.19
TFII Tfi International Inc. Sold out 0.00% −0.18
FSS Federal Signal Corp. Sold out 0.00% −0.18
FIX Comfort Systems USA Inc. Sold out 0.00% −0.17
WRBY Warby Parker Inc. Class A Sold out 0.00% −0.17
SAM Boston Beer Company Inc. Class A Reduce -59.5% 0.09% −0.17
XMTR Xometry Inc. Class A Reduce -70.0% 0.04% −0.17
AAON Aaon Inc. Sold out 0.00% −0.17
CLH Clean Harbors Inc. Reduce -60.8% 0.09% −0.17
MTSI Macom Technology Solutions H Reduce -43.8% 0.14% −0.17
CRDO Credo Technology Group Holdi Reduce -71.3% 0.04% −0.17
ALKT Alkami Technology Inc. Reduce -63.8% 0.06% −0.16
SG Sweetgreen Inc. Class A Reduce -59.8% 0.08% −0.16
BOOT Boot Barn Holdings Inc. Reduce -22.8% 0.20% −0.16
MTG Mgic Investment Corp. Sold out 0.00% −0.15
ZETA Zeta Global Holdings Corp. Class A Reduce -51.6% 0.09% −0.15
FHI Federated Hermes Inc. Reduce -64.1% 0.09% −0.15
WT Wisdomtree Inc. Sold out 0.00% −0.15
ITRI Itron Inc. Reduce -56.9% 0.11% −0.15
MRK Merck & Co. Inc. Reduce -39.6% 0.19% −0.15
RELY Remitly Global Inc. Sold out 0.00% −0.14
COP Conocophillips Sold out 0.00% −0.14
TBCH Turtle Beach Corp. Sold out 0.00% −0.14
RH RH Reduce -55.1% 0.05% −0.14
KMT Kennametal Inc. Reduce -62.6% 0.07% −0.13
GTLS Chart Industries Inc. Sold out 0.00% −0.13
LOAR Loar Holdings Inc. Sold out 0.00% −0.13
RCEL Avita Medical Inc. Sold out 0.00% −0.13
RVLV Revolve Group Inc. Class A Reduce -43.2% 0.07% −0.12
ELF Elf Beauty Inc. Sold out 0.00% −0.12
QTWO Q2 Holdings Inc. Reduce -39.6% 0.12% −0.12
GKOS Glaukos Corp. Reduce -46.9% 0.07% −0.12
REVG Rev Group Inc. Reduce -26.6% 0.35% −0.12

Portfolio Buys Q4 2024 → Q1 2025
MELI MercadoLibre Inc. Add +111.0% 0.78% +0.47
REGN Regeneron Pharmaceuticals Add +117.1% 0.84% +0.42
SPOT Spotify Technology SA Add +59.5% 0.82% +0.41
NFLX Netflix Inc. Add +64.7% 0.94% +0.41
TRIP Tripadvisor Inc. New 0.33% +0.33
PLMR Palomar Holdings Inc. Add +275.3% 0.41% +0.33
CRWD CrowdStrike Holdings Inc. Class A Add +120.0% 0.52% +0.30
VSEC Vse Corp. Add +9.5% 0.96% +0.29
SNPS Synopsys Inc. Add +208.0% 0.44% +0.29
COST Costco Wholesale Corp. Add +91.7% 0.55% +0.28
AMT American Tower Corp. Add +125.6% 0.42% +0.27
IIIV I3 Verticals Inc. Class A Add +34.0% 0.82% +0.27
QCOM Qualcomm Inc. Add +125.3% 0.46% +0.26
DBX Dropbox Inc. Class A New 0.26% +0.26
CWST Casella Waste Systems Inc. Class A New 0.25% +0.25
NVDA Nvidia Corp. Add +84.2% 0.73% +0.25
DE Deere & Co. Add +59.9% 0.55% +0.25
CB Chubb Ltd. Add +120.9% 0.41% +0.25
VEEV Veeva Systems Inc. Class A Add +115.8% 0.38% +0.23
ISRG Intuitive Surgical Inc. Add +57.5% 0.63% +0.22
AMZN Amazon.com Inc. Add +69.9% 0.65% +0.22
ROST Ross Stores Inc. Add +110.7% 0.48% +0.22
GH Guardant Health Inc. New 0.21% +0.21
UTHR United Therapeutics Corp. New 0.20% +0.20
ADI Analog Devices Inc. Add +50.4% 0.62% +0.20
GOOGL Alphabet Inc. Class A Add +65.0% 0.70% +0.20
NOW ServiceNow Inc. Add +98.1% 0.56% +0.19
CPRX Catalyst Pharmaceuticals Inc. New 0.18% +0.18
CAKE The Cheesecake Factory Inc. New 0.17% +0.17
ADMA Adma Biologics Inc. Add +130.8% 0.27% +0.17
HUBS HubSpot Inc. Add +96.4% 0.42% +0.17
MTD Mettler-Toledo International Add +107.7% 0.33% +0.17
FSLR First Solar Inc. Add +165.7% 0.34% +0.17
BNL Broadstone Net Lease Inc. Add +187.6% 0.24% +0.17
CLX Clorox Company Add +105.8% 0.34% +0.16
AXSM Axsome Therapeutics Inc. New 0.16% +0.16
WDAY Workday Inc. Class A Add +94.1% 0.34% +0.15
ARIS WATER SOLUTIONS INC-A Add +10.3% 0.44% +0.15
ADSK Autodesk Inc. Add +58.7% 0.49% +0.15
WEC WEC Energy Group Inc. New 0.14% +0.14
SPRY Ars Pharmaceuticals Inc. Add +350.1% 0.16% +0.13
AIOT Powerfleet Inc. New 0.13% +0.13
BIRK Birkenstock Holding PLC New 0.13% +0.13
LNTH Lantheus Holdings Inc. New 0.13% +0.13
RBC RBC Bearings Inc. Add +52.9% 0.31% +0.13
KRYS Krystal Biotech Inc. New 0.13% +0.13
RGEN Repligen Corp. Add +101.5% 0.27% +0.12
DDOG Datadog Inc. Class A Add +111.5% 0.37% +0.12
GENI Genius Sports Ltd. New 0.12% +0.12
SR Spire Inc. Add +57.7% 0.26% +0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 678$1.2BAGX, SNEX, IESC, AGYS, VSEC
Q1 2026 726$1.1BAGX, AAPL, AVGO, NVDA, SNEX
Q4 2025 750$1.2BAAPL, NVDA, AVGO, AGX, IESC
Q3 2025 558$918.0MAGX, IESC, SNEX, NVDA, GOOGL
Q2 2025 562$839.3MAGX, SNEX, AVGO, IESC, NFLX
Q1 2025 563$742.2MAGX, SNEX, BGC, UFPT, VSEC
Q4 2024 566$765.2MAGX, AGYS, UFPT, SNEX, IESC
Q3 2024 559$809.1MUFPT, IESC, AAPL, AGX, PLUS
Q2 2024 559$742.2MUFPT, AAPL, AGYS, IESC, AVGO
Q1 2024 563$829.0MAVGO, AAPL, UFPT, IESC, MSFT