Equal-WT
WhaleScore 2.0
?
LEGION PARTNERS ASSET MANAGEMENT, LLC
0
followers
ยท
Follow
LOS ANGELES CA
Investment Advisor
Activist Investor
Hedge Fund
Legion Partners Asset Management is based out of Los Angeles. Legion Partners Asset Management is a hedge fund with 5 clients and discretionary assets under management (AUM) of $218,764,000 (Form ADV from 2025-03-12). Their last reported 13F filing for Q1 2025 included $150,647,691 in managed 13F securities
and a top 10 holdings concentration of 100.0%. Legion Partners Asset Management's largest holding is Advance Auto Parts, Inc with shares held of 800,750. Whalewisdom has at least 34 13F filings, 151 13D filings, 2 13G filings, and 8 Form 4 filings
Business Description
Legion Partners provides investment management services through pooled investment vehicles ("Clients"), structured as Delaware limited partnerships and Cayman Islands segregated portfolio companies, or through separately managed accounts, often side-by-side or co-investments. They specialize in fundamental research, long-term oriented investing, and building productive relationships with portfolio companies, involving long-term holdings and active engagement with management and boards to achieve superior long-term performance. Their investment strategy is detailed further in Item 8.
Legion Partners prioritizes its Clients, which may limit the securities in which it invests or manages due to side-by-side or co-investments, while using the same investment strategy. They do not participate in wrap fee programs. As of December 31, 2024, their Assets Under Management (AUM) were approximately $218,764,000. The advisory fees are governed by each investor's agreement, typically involving a combination of Management Fees and performance-based fees, although sometimes only a performance-based fee is charged. Client investments may be heavily concentrated in a limited number of companies or industries, and their investment strategy may require Clients to hold investments for a significant period.
Investment Strategy
Legion Partners specializes in conducting deep fundamental analysis of publicly traded companies. This research enables Legion to identify and then focus resources and engagement efforts on selected issues with the potential to have the most significant impact on the rights and economics of long-term oriented shareholders of that company. Legion Partners may also collaborate with institutional investors and others on key policy issues.
Legion Partners typically purchases securities with the intent of holding the investment for more than one year (with a target investment horizon of two to three years). However, Legion Partners may sell securities after holding such securities for less than a year or the target period for various reasons. Client investments may be heavily concentrated in only a limited number of companies or industries.
Owners
- LEGION PARTNERS HOLDINGS, LLC - MEMBER
- KATZ, DAVID, ALAN - CHIEF OPERATING OFFICER
- WHITE, RAYMOND, THEODORE - PARTNER, MEMBER OF INVESTMENT AND MANAGEMENT COMMITTEE, CHIEF COMPLIANCE OFFICER
- KIPER, CHRISTOPHER, SEAN - PARTNER, MEMBER OF INVESTMENT AND MANAGEMENT COMMITTEE Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)

2025-03-31
Top Buys (13F)
Name | % Change |
---|---|
CCO Clear Channel Outdoo | -1.55% |

2025-03-31
Top Sells (13F)
Name | % Change |
---|

2025-03-31
13F Holdings Summary
Name | $ Change |
---|---|
AAP Advance Auto Parts, | 20.84% |
LFCR Lifecore Biomedical | 20.71% |
DBRG DigitalBridge Group | 20.22% |
CCO Clear Channel Outdoo | 19.21% |
FIVN Five9 Inc | 10.66% |

2025-03-31
13F Activity
Market Value | $151m, Prior: $171m |
Inflows (Outflows) as % of Total MV | +0.068% |
New Purchases | 0 stocks |
Added To | 1 stocks |
Sold out of | 0 stocks |
Reduced holdings in | 0 stocks |
Top 10 Holdings % | 100% |
Turnover %[1] | 0% |
Turnover Alt %[2] | 0% |
Time Held Top 20 | 13.1429 quarters |
Time Held Top 10 | 7.4286 quarters |
Time Held All | 13.14 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data

2025-03-31
Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31