CS Disco
LAW
102 hedge funds and large institutions have $214M invested in CS Disco in 2022 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 17 reducing their positions, and 16 closing their positions.
801% more call options, than puts
Call options by funds: $901K | Put options by funds: $100K
124% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 17
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
17% more funds holding
Funds holding: 87 → 102 (+15)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.13% less ownership
Funds ownership: 61.52% → 57.39% (-4.1%)
41% less capital invested
Capital invested by funds: $361M → $214M (-$147M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$2.43M |
| 2 |
Millennium Management
New York
|
+$1.43M |
| 3 |
Renaissance Technologies
New York
|
+$1.06M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.04M |
| 5 |
CI
Ceera Investments
Bellaire,
Texas
|
+$801K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$16M |
| 2 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$4.15M |
| 3 |
UI
Untitled Investments
New York
|
-$3.81M |
| 4 |
BlackRock
New York
|
-$3.48M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.31M |
LAW Hedge Fund Activity: Q4 2022 in Review
102 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q4 2022, worth a combined $214M — down 41% from $361M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new LAW positions and 16 closed out — a net gain of 16 holders — while 38 added to existing stakes and 17 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $2.43M. The largest seller was Wasatch Advisors, cutting an estimated $16M.
- 102 institutional investors held CS Disco (LAW) as of Q4 2022, up from 87 in Q3 2022.
- Funds reported $214M of CS Disco stock for Q4 2022, down 41% quarter-over-quarter.
- 32 funds opened new CS Disco positions in Q4 2022 and 16 closed out, a net change of +16 holders.
- The largest CS Disco buyer in Q4 2022 was D.E. Shaw & Co, an estimated $2.43M added.
- The largest CS Disco seller in Q4 2022 was Wasatch Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2022.