Legato Capital Management LLC

San Francisco, CA · CIK 1442641 · 13F filing filed 2026-08-06

SEC-registered investment adviser since 2005 · limited liability company

Assets managed$1.3bn
Staff4 · 4 in investment roles
Main clients (by assets)State and local governments 64%, Insurers 34%, Pension plans 2%
Websitelegatocm.com
Form ADV · 2026-03-23SEC adviser record

Kindinstitutions
Others nearbySan Francisco, CA

$1.2bn reported value +9.8% vs Q1 2026

678positions

11.4%in top 10

145 new 231 added 232 reduced 193 sold out vs Q1 2026

Also in the report of:

AltraVue Capital, LLC – $174.8m of shares are in both reports
Dean Capital Management – $82.5m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ARGAN INC COM AGX	AGX	29,756	$23.8m1.97%	1.97%	Reduced -3.4k	-3,361 -10.2%
2	STONEX GROUP INC COM SNEX	SNEX	135,460	$16.1m1.33%	1.33%	Reduced -32.8k	-32,844 -19.5%
3	IES HOLDINGS INC COM IESC	IESC	21,306	$15.7m1.30%	1.30%	Reduced -6.2k	-6,150 -22.4%
4	AGILYSYS INC COM AGYS	AGYS	141,060	$14.7m1.22%	1.22%	Added +55.2k	+55,185 64.3%
5	VSE CORP COM VSEC	VSEC	58,080	$13.3m1.10%	1.10%	Reduced -3.6k	-3,648 -5.9%
6	BROADCOM INC COM AVGO	AVGO	31,150	$11.8m0.98%	0.98%	Reduced -17.3k	-17,286 -35.7%
7	NVIDIA CORPORATION COM NVDA	NVDA	55,004	$11.0m0.91%	0.91%	Reduced -23.9k	-23,855 -30.2%
8	LSI INDS INC OHIO COM LYTS	LYTS	395,601	$10.5m0.87%	0.87%	Added +2.7k	+2,689 0.7%
9	APPLE INC COM AAPL	AAPL	36,076	$10.4m0.87%	0.87%	Reduced -23.2k	-23,152 -39.1%
10	TRIUMPH FINANCIAL INC COM TFIN	TFIN	132,714	$10.1m0.84%	0.84%	Unchanged
11	UFP TECHNOLOGIES INC COM UFPT	UFPT	35,301	$9.4m0.78%	0.78%	Reduced -420	-420 -1.2%
12	LINCOLN EDL SVCS CORP COM LINC	LINC	183,074	$9.1m0.76%	0.76%	Added +9.5k	+9,516 5.5%
13	BGC GROUP INC CL A BGC	BGC	847,985	$9.1m0.75%	0.75%	Added +3.3k	+3,257 0.4%
14	MODINE MFG CO COM MOD	MOD	33,630	$9.0m0.74%	0.74%	Reduced -1.6k	-1,594 -4.5%
15	MICROSOFT CORP COM MSFT	MSFT	20,846	$7.8m0.64%	0.64%	Reduced -263	-263 -1.2%
16	NB BANCORP INC COM NBBK	NBBK	366,090	$7.7m0.64%	0.64%	Added +90.0k	+90,020 32.6%
17	ALPHABET INC CAP STK CL A GOOGL	GOOGL	21,470	$7.7m0.64%	0.64%	Reduced -11.3k	-11,334 -34.5%
18	WINMARK CORP COM WINA	WINA	17,925	$7.6m0.63%	0.63%	Added +3.0k	+3,010 20.2%
19	OIL DRI CORP AMER COM ODC	ODC	73,459	$7.5m0.62%	0.62%	Added +2.9k	+2,947 4.2%
20	EPLUS INC COM PLUS	PLUS	86,455	$7.2m0.60%	0.60%	Reduced -7.9k	-7,946 -8.4%
21	FIRSTSERVICE CORP NEW COM FSV	FSV	49,915	$7.1m0.59%	0.59%	Added +23.2k	+23,220 87.0%
22	GRAHAM CORP COM GHM	GHM	56,303	$7.0m0.58%	0.58%	Added +11.3k	+11,278 25.1%
23	MIRUM PHARMACEUTICALS INC COM MIRM	MIRM	58,512	$6.8m0.57%	0.57%	Added +16.7k	+16,749 40.1%
24	CECO ENVIRONMENTAL CORP COM CECO	CECO	74,674	$6.8m0.56%	0.56%	Added +14.0k	+14,048 23.2%
25	COHU INC COM COHU	COHU	91,448	$6.8m0.56%	0.56%	Reduced -14.1k	-14,128 -13.4%
26	STERLING INFRASTRUCTURE INC COM STRL	STRL	7,721	$6.5m0.54%	0.54%	Reduced -14.0k	-13,981 -64.4%
27	DAILY JOURNAL CORP COM DJCO	DJCO	10,679	$6.4m0.53%	0.53%	Unchanged
28	SEMTECH CORP COM SMTC	SMTC	38,796	$6.3m0.52%	0.52%	Added +1.9k	+1,944 5.3%
29	REVOLUTION MEDICINES INC COM RVMD	RVMD	33,042	$6.2m0.51%	0.51%	Reduced -4.4k	-4,352 -11.6%
30	BWX TECHNOLOGIES INC COM BWXT	BWXT	31,307	$6.1m0.50%	0.50%	Added +768	+768 2.5%
31	CARPENTER TECHNOLOGY CORP COM CRS	CRS	9,847	$6.1m0.50%	0.50%	Reduced -2.4k	-2,405 -19.6%
32	ULTRA CLEAN HLDGS INC COM UCTT	UCTT	41,719	$5.9m0.49%	0.49%	Added +2.8k	+2,808 7.2%
33	ADAPTIVE BIOTECHNOLOGIES COR COM ADPT	ADPT	273,441	$5.9m0.49%	0.49%	Added +121.1k	+121,102 79.5%
34	ECOVYST INC COM ECVT	ECVT	470,171	$5.9m0.49%	0.49%	New
35	KINIKSA PHARMACEUTICALS INTL ORD SHS CL A KNSA	KNSA	87,297	$5.6m0.46%	0.46%	Added +16.5k	+16,492 23.3%
36	YETI HLDGS INC COM YETI	YETI	108,333	$5.4m0.44%	0.44%	Added +69.3k	+69,304 177.6%
37	OUSTER INC COM NEW OUST	OUST	84,904	$5.3m0.44%	0.44%	Added +27.1k	+27,081 46.8%
38	AMAZON COM INC COM AMZN	AMZN	22,243	$5.3m0.44%	0.44%	Reduced -16.4k	-16,393 -42.4%
39	XOMETRY INC CLASS A COM XMTR	XMTR	54,861	$5.3m0.44%	0.44%	New
40	I3 VERTICALS INC COM CL A IIIV	IIIV	247,394	$5.3m0.44%	0.44%	Unchanged
41	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	33,689	$5.2m0.43%	0.43%	Reduced -4.9k	-4,923 -12.8%
42	TRAVERE THERAPEUTICS INC COM TVTX	TVTX	87,833	$5.0m0.41%	0.41%	Added +23.7k	+23,723 37.0%
43	LIGAND PHARMACEUTICALS INC COM NEW LGND	LGND	15,569	$4.9m0.41%	0.41%	Reduced -6.8k	-6,809 -30.4%
44	TESLA INC COM TSLA	TSLA	11,490	$4.8m0.40%	0.40%	Reduced -4.9k	-4,867 -29.8%
45	CLIMB GLOBAL SOLUTIONS INC COM CLMB	CLMB	207,864	$4.8m0.40%	0.40%	Unchanged
46	NAYAX LTD SHS NYAX	NYAX	73,567	$4.8m0.40%	0.40%	Added +17.0k	+17,000 30.1%
47	TOPGOLF CALLAWAY BRANDS CORP COM CALY	CALY	256,071	$4.8m0.40%	0.40%	Added +99.5k	+99,529 63.6%
48	POWELL INDS INC COM POWL	POWL	16,374	$4.7m0.39%	0.39%	Added +996	+996 6.5%
49	AXSOME THERAPEUTICS INC COM AXSM	AXSM	18,644	$4.6m0.38%	0.38%	Added +3.1k	+3,106 20.0%
50	ARTERIS INC COM AIP	AIP	93,679	$4.6m0.38%	0.38%	Added +2.7k	+2,675 2.9%
51	BEST BUY INC COM BBY	BBY	59,898	$4.5m0.38%	0.38%	Added +1.2k	+1,243 2.1%
52	CONSOLIDATED WATER CO INC ORD CWCO	CWCO	150,335	$4.4m0.37%	0.37%	Unchanged
53	SPHERE ENTERTAINMENT CO CL A SPHR	SPHR	25,556	$4.4m0.37%	0.37%	Added +7.0k	+6,985 37.6%
54	CISCO SYS INC COM CSCO	CSCO	36,761	$4.3m0.36%	0.36%	Reduced -21.6k	-21,593 -37.0%
55	MERCADOLIBRE INC COM MELI	MELI	2,517	$4.3m0.35%	0.35%	Reduced -133	-133 -5.0%
56	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	74,128	$4.3m0.35%	0.35%	Reduced -6.8k	-6,842 -8.4%
57	LINDBLAD EXPEDITIONS HLDGS I COM LIND	LIND	151,059	$4.3m0.35%	0.35%	Added +115.5k	+115,547 325.4%
58	WERNER ENTERPRISES INC COM WERN	WERN	97,443	$4.2m0.35%	0.35%	Added +75.9k	+75,888 352.1%
59	AMGEN INC COM AMGN	AMGN	11,630	$4.2m0.35%	0.35%	Added +1.2k	+1,151 11.0%
60	HOME DEPOT INC COM HD	HD	11,910	$4.2m0.35%	0.35%	Reduced -90	-90 -0.8%
61	BANK AMERICA CORP COM BAC	BAC	72,847	$4.2m0.34%	0.34%	Reduced -6.6k	-6,625 -8.3%
62	BRIGHTSPRING HEALTH SVCS INC COM BTSG	BTSG	59,500	$4.1m0.34%	0.34%	Added +3.3k	+3,320 5.9%
63	CITIGROUP INC COM NEW C	C	29,554	$4.1m0.34%	0.34%	Reduced -8.4k	-8,425 -22.2%
64	HINGE HEALTH INC CL A HNGE	HNGE	49,165	$4.1m0.34%	0.34%	Added +30.7k	+30,720 166.6%
65	ANALOG DEVICES INC COM ADI	ADI	10,205	$4.1m0.34%	0.34%	Reduced -9.6k	-9,560 -48.4%
66	TOWER SEMICONDUCTOR LTD SHS NEW TSEM	TSEM	15,186	$4.0m0.33%	0.33%	Reduced -2.0k	-1,985 -11.6%
67	MERCK & CO INC COM MRK	MRK	30,800	$4.0m0.33%	0.33%	Reduced -3.1k	-3,124 -9.2%
68	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	5,178	$4.0m0.33%	0.33%	Reduced -4.2k	-4,168 -44.6%
69	COSTCO WHSL CORP NEW COM COST	COST	4,224	$4.0m0.33%	0.33%	Reduced -575	-575 -12.0%
70	FORMFACTOR INC COM FORM	FORM	24,456	$3.9m0.32%	0.32%	Added +16.4k	+16,446 205.3%
71	NETFLIX INC COM NFLX	NFLX	54,260	$3.9m0.32%	0.32%	Reduced -16.0k	-16,017 -22.8%
72	COCA COLA CO COM KO	KO	46,967	$3.8m0.32%	0.32%	Reduced -5.9k	-5,886 -11.1%
73	TARGET CORP COM TGT	TGT	29,140	$3.8m0.32%	0.32%	Reduced -2.0k	-1,960 -6.3%
74	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	13,500	$3.8m0.31%	0.31%	Reduced -1.6k	-1,600 -10.6%
75	JPMORGAN CHASE & CO COM JPM	JPM	11,504	$3.8m0.31%	0.31%	Reduced -4.1k	-4,061 -26.1%
76	TANGER INC COM SKT	SKT	94,903	$3.7m0.31%	0.31%	Added +21.7k	+21,743 29.7%
77	KEYCORP COM KEY	KEY	161,959	$3.7m0.31%	0.31%	Reduced -23.0k	-23,041 -12.4%
78	MAXLINEAR INC COM MXL	MXL	29,081	$3.7m0.31%	0.31%	New
79	ONTO INNOVATION INC COM ONTO	ONTO	9,812	$3.7m0.31%	0.31%	Reduced -6.6k	-6,613 -40.3%
80	UNITED PARCEL SERVICE INC CL B UPS	UPS	34,513	$3.7m0.31%	0.31%	Reduced -2.5k	-2,487 -6.7%
81	EVERSOURCE ENERGY COM ES	ES	51,329	$3.7m0.31%	0.31%	Reduced -3.7k	-3,671 -6.7%
82	DIODES INC COM DIOD	DIOD	33,885	$3.7m0.31%	0.31%	Added +5.5k	+5,507 19.4%
83	INTERNATIONAL PAPER CO COM IP	IP	97,000	$3.7m0.31%	0.31%	New
84	EVERUS CONSTR GROUP COM ECG	ECG	22,109	$3.7m0.30%	0.30%	Added +10.1k	+10,125 84.5%
85	ONEOK INC NEW COM OKE	OKE	41,814	$3.6m0.30%	0.30%	Reduced -1.2k	-1,186 -2.8%
86	VERIZON COMMUNICATIONS INC COM VZ	VZ	85,485	$3.6m0.30%	0.30%	Reduced -336	-336 -0.4%
87	ZETA GLOBAL HOLDINGS CORP CL A ZETA	ZETA	183,356	$3.6m0.30%	0.30%	Added +113.8k	+113,763 163.5%
88	SALESFORCE INC COM CRM	CRM	23,000	$3.6m0.30%	0.30%	New
89	PALVELLA THERAPEUTICS INC NE COM PVLA	PVLA	23,490	$3.6m0.30%	0.30%	Added +7.5k	+7,467 46.6%
90	LENNAR CORP CL A LEN	LEN	39,630	$3.6m0.30%	0.30%	Added +1.6k	+1,630 4.3%
91	TRUIST FINL CORP COM TFC	TFC	71,948	$3.6m0.30%	0.30%	Reduced -6.9k	-6,882 -8.7%
92	CORCEPT THERAPEUTICS INC COM CORT	CORT	41,186	$3.6m0.30%	0.30%	Added +32.5k	+32,470 372.5%
93	LEONARDO DRS INC COM DRS	DRS	83,547	$3.6m0.30%	0.30%	Added +2.4k	+2,385 2.9%
94	TFI INTL INC COM TFII	TFII	24,785	$3.6m0.29%	0.29%	Added +549	+549 2.3%
95	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	12,211	$3.5m0.29%	0.29%	Added +2.2k	+2,211 22.1%
96	OMNICOM GROUP INC COM OMC	OMC	48,691	$3.5m0.29%	0.29%	Reduced -6.5k	-6,514 -11.8%
97	ONCE UPON A FARM PBC COM OFRM	OFRM	170,852	$3.5m0.29%	0.29%	Added +129.7k	+129,707 315.2%
98	PFIZER INC COM PFE	PFE	145,221	$3.5m0.29%	0.29%	Added +439	+439 0.3%
99	HEALTHCARE SVCS GROUP INC COM HCSG	HCSG	140,479	$3.5m0.29%	0.29%	Added +12.5k	+12,519 9.8%
100	MCDONALDS CORP COM MCD	MCD	12,569	$3.4m0.28%	0.28%	Added +1.3k	+1,269 11.2%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TRIPADVISOR INC TRIP	TRIP	363,230	$3.9m363.2k shares
PACKAGING CORP AMER PKG	PKG	17,000	$3.6m17.0k shares
STANLEY BLACK & DECKER INC SWK	SWK	48,800	$3.5m48.8k shares
EMBRAER S.A. EMBJ	EMBJ	51,373	$3.0m51.4k shares
NOMAD FOODS LTD NOMD	NOMD	271,615	$2.6m271.6k shares
BLOOM ENERGY CORP BE	BE	19,047	$2.6m19.0k shares
FIVE BELOW INC FIVE	FIVE	11,185	$2.6m11.2k shares
APOGEE THERAPEUTICS INC		29,968	$2.5m30.0k shares
PRESTIGE CONSMR HEALTHCARE I PBH	PBH	40,644	$2.4m40.6k shares
GLOBALSTAR INC GSAT	GSAT	34,657	$2.3m34.7k shares
BEL FUSE INC BELFB	BELFB	11,514	$2.3m11.5k shares
NUVALENT INC		21,500	$2.2m21.5k shares
INTERCONTINENTAL EXCHANGE IN ICE	ICE	11,746	$1.8m11.7k shares
KARMAN HLDGS INC KRMN	KRMN	22,240	$1.8m22.2k shares
ROCKET LAB CORP RKLB	RKLB	26,545	$1.7m26.5k shares
KLAVIYO INC KVYO	KVYO	84,785	$1.6m84.8k shares
CREDO TECHNOLOGY GROUP HOLDI CRDO	CRDO	16,658	$1.6m16.7k shares
WAYSTAR HLDG CORP WAY	WAY	62,650	$1.5m62.6k shares
IONIS PHARMACEUTICALS INC IONS	IONS	19,840	$1.5m19.8k shares
ALAMO GROUP INC ALG	ALG	8,734	$1.4m8.7k shares
NATIONAL VISION HLDGS INC EYE	EYE	54,400	$1.4m54.4k shares
MKS INC. MKSI	MKSI	5,605	$1.3m5.6k shares
LKQ CORP LKQ	LKQ	42,455	$1.2m42.5k shares
GOLDMAN SACHS GROUP INC GS	GS	1,396	$1.2m1.4k shares
AAR CORP AIR	AIR	10,717	$1.2m10.7k shares