LM

LEGG MASON, INC.

12 superinvestors own LM

Based on latest 13F filings — data is 45–90 days delayed

Investor	Fund	Weight	Shares	Value	Quarter	Activity
Bill Ackman	Pershing Square Capital Management	100.00%	1,917,752	$180.7M	2007Q1	Added
Third Avenue Management	Third Avenue Management	1.01%	137,128	$2.6B	2004Q3	Reduced
Mason Hawkins	Longleaf Partners – Southeastern Asset Management	0.66%	3,117,887	$135.6M	2013Q4	Reduced
David Einhorn	Greenlight Capital	0.44%	742,269	$32.3M	2013Q4	Reduced
Viking Global Investors	Viking Global Investors	0.37%	2,469,033	$96.9M	2015Q4	Held
William Von Mueffling	Cantillon Capital Management	0.19%	75,000	$5.9M	2005Q1	Held
Ruane Cunniff	Sequoia Fund	0.16%	523,746	$11.5M	2008Q4	Added
Christopher Davis	Davis Selected Advisers	0.02%	0	$18.8M	2008Q2	Held
Kenneth Fisher	Fisher Asset Management	0.00%	49,081	$1.8M	2019Q4	Reduced
Bill Nygren	Oakmark Select Fund – Harris Associates	0.00%	575	$17K	2009Q4	New
Dodge & Cox	Dodge & Cox	0.00%	7,300	$286K	2015Q4	Reduced
Richard Pzena	Pzena Investment Management	0.00%	12,862	$640K	2020Q2	Reduced

Open-market purchases (P) and sales (S) from SEC Form 4 filings · last 12 months

No open-market insider trades in the last 12 months.

Form 4 filings for option exercises and other transaction types are excluded.

STOCK Act disclosures · last 12 months

Congressional trade data coming soon.

We are sourcing STOCK Act disclosures and will display them here shortly.

What Is SEC Form 4?

Understand the insider trade filings behind LM activity.

What Is a 13F Filing?

How superinvestors disclose their quarterly holdings.

Insider Cluster Buying

Why multiple insiders buying together is a strong signal.

Superinvestor Consensus

The most widely held stocks across all tracked institutions.