Legion Partners Asset Management, LLC
Legion Partners Asset Management, LLC is a hedge fund headquartered in Los Angeles, California. Incorporated in Delaware, the firm manages multiple investment vehicles focused primarily on publicly traded U.S. equities. As of its latest filings, Legion Partners oversees several hedge funds with assets under management totaling hundreds of millions of dollars. The firm is known for its activist approach and typically serves institutional investors. Legion Partners was founded in the early 2010s and employs a small team of professionals committed to shareholder engagement and value creation.
Investment Strategy
Legion Partners Asset Management employs an activist investment strategy, focusing on U.S. small- and mid-cap equities. The firm seeks undervalued or underperforming companies with potential for operational improvement and value realization. Legion Partners often engages with management teams and boards to advocate for strategic changes, aiming to unlock shareholder value through constructive activism, capital structure optimization, and targeted governance initiatives. The fund builds concentrated portfolios and promotes long-term engagement with its holdings.
Latest 13F Filing Activity
Legion Partners Asset Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 7 equity positions with a total 13F market value of $166M. The fund increased holdings in Advance Auto Parts Inc., Digitalbridge Group Inc., Lifecore Biomedical Inc. among other positions. Legion Partners Asset Management, LLC reduced exposure to NN Inc., Payoneer Global Inc., Five9 Inc. among others.
Top Holdings
Equity Positions (7)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAP | ADVANCE AUTO PARTS INC | 22.38% | $37.2M | 800,750 | $60.03 | $46.49 | +$5.8M |
L LFCR | LIFECORE BIOMEDICAL INC | 21.63% | $36.0M | 4,431,823 | $8.82 | $8.12 | +$4.8M |
D DBRG | DIGITALBRIDGE GROUP INC | 21.48% | $35.7M | 3,453,253 | $12.69 | $10.35 | +$5.3M |
C CCO | CLEAR CHANNEL OUTDOOR HLDGS | 18.34% | $30.5M | 26,080,554 | $1.70 | $1.17 | +$1.6M |
F FIVN | FIVE9 INC | 9.42% | $15.7M | 591,685 | $29.57 | $26.48 | -$396.4K |
Industry Allocation
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