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HomeStocksLEGNInstitutional Holders

LEGN logoLegend Biotech Corporation (LEGN) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-07

✨

Institutional ownership increased this quarter (+3.72 pp), though top 10 holders maintain a highly concentrated 68.8% of institutional value.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
56.1%$3.0B total value · ▲ +3.72 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
75 / 100
Bullish
Institutions & Flow220 holders+30 net flow (+55 / -25)

AI Insights & Key Takeaways

  • Positive Institutional Flow (+30)
  • Point72 Asset Management, L.p. and Renaissance Technologies Llc maintain significant positions
  • Top 10 holders control 68.8% of institutional value
  • No Insider Signal

Top Institutional Holders of LEGN

Ranked by reported Q2 2026 13F market value

Top 10 Holders
68.8%
Top 25 Holders
84.6%

Share of total reported institutional value in LEGN held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1FMR LLC29.1M$840.2M+13.2%15.731%0.04%
2DEERFIELD MANAGEMENT COMPANY, L.P.8.1M$235.0M+5.9%4.400%2.45%
3MONTANOVA CAPITAL, LLC7.1M$204.2M-6.7%3.823%3.73%
4HHLR ADVISORS, LTD.6.0M$172.8M0.0%3.236%20.77%
5BlackRock, Inc.4.7M$136.5M+0.9%2.556%0.00%
6WESTFIELD CAPITAL MANAGEMENT CO LP4.4M$127.9M-23.1%2.395%0.42%
7GOLDMAN SACHS GROUP INC3.7M$105.8M+150.1%1.980%0.01%
8Point72 Asset Management, L.P.3.1M$88.8M-20.8%1.663%0.10%
9Kynam Capital Management, LP3.0M$86.7M+90.4%1.623%4.79%
10Assenagon Asset Management S.A.1.9M$55.3M—1.035%0.03%
11Artisan Partners Limited Partnership1.6M$45.0M-30.8%0.843%0.07%
12STATE STREET CORP1.5M$43.3M+0.0%0.810%0.00%
13Capital International Investors1.4M$41.0M+119.3%0.768%0.01%
14MORGAN STANLEY1.4M$40.3M+131.2%0.754%0.00%
15Soleus Capital Management, L.P.1.2M$34.8M—0.652%1.20%
16Davern Capital Partners, LP1.2M$34.4M-9.4%0.644%5.87%
17DRIEHAUS CAPITAL MANAGEMENT LLC1.2M$33.5M—0.627%0.19%
18RENAISSANCE TECHNOLOGIES LLC1.0M$28.9M+91.7%0.541%0.04%
19Ghisallo Capital Management LLC1.0M$28.9M—0.541%0.57%
20MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC917K$26.5M-0.9%0.496%9.08%
21JOHNSON & JOHNSON815K$23.5M0.0%0.441%2.95%
22IvyRock Asset Management (HK) Ltd801K$23.1M-0.4%0.433%13.08%
23EcoR1 Capital, LLC800K$23.1M—0.433%1.12%
24JPMORGAN CHASE & CO766K$22.5M+166.0%0.414%0.00%
25Squarepoint Ops LLC769K$22.2M+60.4%0.416%0.02%

denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in LEGN — a direct measure of their conviction.

Quarterly Institutional Activity

Filings activity in LEGN during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers55Added To132Trimmed29Exited25
  • FMR LLC$840.2M
  • DEERFIELD MANAGEMENT COMPANY, L.P.$235.0M
  • MONTANOVA CAPITAL, LLC$204.2M
  • HHLR ADVISORS, LTD.$172.8M
  • BlackRock, Inc.$136.5M
  • WESTFIELD CAPITAL MANAGEMENT CO LP$127.9M
  • GOLDMAN SACHS GROUP INC$105.8M
  • Point72 Asset Management, L.P.$88.8M
  • Kynam Capital Management, LP$86.7M
  • Artisan Partners Limited Partnership$45.0M
  • STATE STREET CORP$43.3M
  • Capital International Investors$41.0M

LEGN Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 2026220+16%56.09%+3.72 pp$2.98B+75%
Q1 20261894.5%52.37%+4.60 pp$1.71B9.8%
Q4 2025198+1.5%47.77%+2.08 pp$1.89B31%
Q3 20251954.9%45.69%+0.57 pp$2.75B5.7%
Q2 2025205+3.5%45.12%1.33 pp$2.91B+11%
Q1 20251982.0%46.45%5.15 pp$2.63B8.5%
Q4 20242021.0%51.60%+2.73 pp$2.87B25%
Q3 2024204—48.87%—$3.83B—

Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

LEGN — Frequently Asked Questions

Quick answers to the most common questions about buying LEGN stock.

What percentage of LEGN is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of Legend Biotech Corporation stands at 56.1%, held across 220 reporting institutions.

Who is the largest institutional holder of LEGN?

FMR LLC is the largest reported institutional holder of LEGN, with approximately 29,093,899 shares worth $0.84B as of Q2 2026.

Is LEGN a hedge fund favorite?

Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of LEGN, including Point72 Asset Management, L.P., RENAISSANCE TECHNOLOGIES LLC.

What is LEGN's Smart Money Score?

Our composite Smart Money Score for LEGN is 75 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought LEGN this quarter?

55 institutions opened new positions in LEGN during Q2 2026, while 25 fully exited. 132 added to existing positions and 29 trimmed.

How is institutional ownership of LEGN changing?

LEGN institutional ownership rose by 3.72 percentage points quarter-over-quarter, with a net change of +31 holders.

How concentrated is LEGN ownership among the top holders?

The top 10 institutions account for 68.8% of all reported 13F value in LEGN, and the top 25 account for 84.6%.

Where does this LEGN institutional ownership data come from?

All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.

LEGNLegend Biotech Corporation
$23.40$4.3B
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