LGN in the 13F filings

Legence Corp · CUSIP 52476L109

Quarter

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Quarter end: 31 Dec 2025; the date the book describes
Filed: 19 Feb 2026; latest of these filings; the earliest 22 Jan 2026
Managers listing it: 22; at least, of 95 tracked, among listed positions
Comparable managers: 92; filed both Q3 2025 and Q4 2025; 4 listed it in both
Shares listed: 13,948,691; combined, among listed positions
Reported value: $600m; combined, at the quarter end

Among the 92 comparable managers: 12 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -959,928.

Managers listing LGN in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

ActionShare of book at least

22 of 22 holders

				Action		Filing
Janus Henderson Group Ltd	4,401,402	$189m	0.08%	Added	+2,474,220	17 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)	4,007,235	$172m	under 0.1%	Trimmed	-2,538,682	17 Feb 2026 (the filing on sec.gov)
MFS Investment Management	2,016,178	$87m	under 0.1%	Trimmed	-367,369	22 Jan 2026 (the filing on sec.gov)
AllianceBernstein LP	876,065	$38m	under 0.1%	Trimmed	-517,121	17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC	622,802	$27m	under 0.1%	Added	+522,802	17 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC	309,085	$13m	under 0.1%	New	new	12 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP	300,502	$13m	under 0.1%	Added	+56,942	13 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP	289,894	$12m	0.09%	New	new	17 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC	168,673	$7.3m	under 0.1%	New	new	17 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP	130,864	$5.6m	under 0.1%	Added	+122,364	17 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC	128,995	$5.6m	under 0.1%	Trimmed	-141,171	17 Feb 2026 (the filing on sec.gov)
Soros Fund Management LLC	128,560	$5.5m	0.06%	Trimmed	-5,090	13 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP	121,288	$5.2m	under 0.1%	Added	+113,898	13 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP	117,240	$5.0m	under 0.1%	Trimmed	-308,360	17 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC	70,000	$3.0m	under 0.1%	Held	0	13 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC	57,690	$2.5m	under 0.1%	Trimmed	-255,567	12 Feb 2026 (the filing on sec.gov)
Element Capital Management LLC	56,657	$2.4m	1.17%	New	new	17 Feb 2026 (the filing on sec.gov)
Winton Group Ltd	48,365	$2.1m	0.07%	New	new	11 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC	47,194	$2.0m	under 0.1%	Trimmed	-31,947	13 Feb 2026 (the filing on sec.gov)
Invesco Ltd	23,566	$1.0m	under 0.1%	New	new	19 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc	21,326	$918k	under 0.1%	New	new	17 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP	5,110	$220k	under 0.1%	Trimmed	-1,162	10 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Janus Henderson Group Ltdexisting position · 4,401,402 shares now+2,474,220
Citadel Advisors LLCexisting position · 622,802 shares now+522,802
Renaissance Technologies LLCnew position · 309,085 shares now+309,085
Freestone Grove Partners LPnew position · 289,894 shares now+289,894
Balyasny Asset Management LLCnew position · 168,673 shares now+168,673

Reductions

Fidelity (FMR LLC)existing position · 4,007,235 shares now-2,538,682
AllianceBernstein LPexisting position · 876,065 shares now-517,121
MFS Investment Managementexisting position · 2,016,178 shares now-367,369
Point72 Asset Management LPexisting position · 117,240 shares now-308,360
Jane Street Group LLCexisting position · 57,690 shares now-255,567

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (7)

Exited (9)

Millennium Management LLCwas $8.6m
Verition Fund Management LLCwas $6.4m
Oaktree Capital Management LPwas $5.4m
Davidson Kempner Capital Management LPwas $4.6m
D. E. Shaw & Co.was $3.3m
Discovery Capital Management LLCwas $1.5m
Susquehanna International Group LLPwas $404k
Brevan Howard Capital Management LPwas $370k
Man Group PLCwas $254k

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.

7 in Q3 2025 to 11 in Q2 2026

Tracked managers listing it, at least.

the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

LGN and KLAC →LGN and GE →LGN and LRCX →Choose a stock to compare with LGN →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own LGN, latest filings →Back to the 13F Explorer →

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Quarter	Holders	Reported value	Buyers	Sellers
Q3 2025	7	$157m	7	0
Q4 2025	7	$304m	12	18
Q1 2026	6	$399m	9	16
Q2 2026	11	$647m	20	8