Supply breakdown
Shares as of Oct 19, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 33.71M | 100.0% | $6.97B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 33.71M | 100.0% | $6.97B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F; over 100%, double counted) | 34.42M | 102.1% | $7.12B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$6.97B
- Fully diluted-
- Circulating$6.97B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 3.38M | 10.02% |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 3.09M | 9.16% |
| AQR CAPITAL MANAGEMENT LLC | 2.12M | 6.30% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.80M | 5.33% |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.54M | 4.56% |
| Boston Partners | 1.44M | 4.27% |
| STATE STREET CORP | 1.14M | 3.39% |
| GEODE CAPITAL MANAGEMENT, LLC | 988.7K | 2.93% |
| FIRST TRUST ADVISORS LP | 836.9K | 2.48% |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 742.5K | 2.20% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer. The total is 102% of shares outstanding, so it counts some shares twice: positions reported by more than one manager, and lent shares that appear at both the lender and the buyer. Read it as an upper bound.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | LSTR on Nasdaq | 33,708,943 | Oct 19, 2026 |
Notes and sources
- LANDSTAR SYSTEM INC 10-Q for period ended 2026-09-26, Cover page (0001193125-26-435898)
- SEC public float (non-affiliates): $4.79B as of Jun 28, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.