Legacy Advisory Services, LLC
SEC Form 13F institutional filer · CIK 0002068847
13F-HR · 24 reported holdings · 2026-03-31
Reported long-US-equity value
$0.05B
Top-10 concentration
90.0%
Legacy Advisory Services, LLC — $49.1M AUM allocation strategy
Legacy Advisory Services, LLC files SEC Form 13F and reports $49.1M of long US equity value across 24 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 4.7%, followed by Financials 4.2% and Health Care 2.1%.
The top 10 holdings account for 90% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Legacy Advisory Services, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$49.1M
total across 24 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
90% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BLK +79.9K sh · +$1.09M+$IVV +2.74K sh · −$24K+$ETN +12 sh · +$52.5K
Biggest trims (shares)
−$SPYM −14.3K sh · −$2.03M−$IWM −3.07K sh · −$197K−$ONEQ −2.75K sh · −$275K
Exited to nil (held last quarter, gone now)
$VTWO ($912K last qtr)$V ($647K last qtr)$VOO ($614K last qtr)$CMCSA ($367K last qtr)$AES ($221K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks3.6%—
- Semiconductors2.3%—
- Consumer Staples Merchandise Retail1.2%—
- Pharmaceuticals1.1%—
- Wireless Telecommunication Services1.1%—
- Technology Hardware, Storage & Peripherals1.0%—
- Health Care Equipment1.0%—
- Electrical Components & Equipment0.9%—
- Other holdings88.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $BLK | BlackRock Inc | 80.5K | $1.77M | +79.9K | 3.6% |
| $WMT | Walmart Inc | 4.68K | $582K | -976 | 1.2% |
| $AVGO | Broadcom Inc | 1.83K | $566K | -697 | 1.2% |
| $NVDA | NVIDIA Corporation | 3.09K | $539K | — | 1.1% |
| $MRK | Merck & Company Inc | 4.36K | $524K | — | 1.1% |
| $TMUS | T-Mobile US Inc | 2.42K | $508K | +11 | 1.0% |
| $AAPL | Apple Inc | 1.86K | $473K | — | 1.0% |
…and 17 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
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How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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