CS Disco
LAW
104 hedge funds and large institutions have $150M invested in CS Disco in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
8% more funds holding
Funds holding: 96 → 104 (+8)
7% more capital invested
Capital invested by funds: $140M → $150M (+$9.93M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.26% less ownership
Funds ownership: 56.56% → 56.3% (-0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Topline Capital Management
Santa Monica,
California
|
+$4.63M |
| 2 |
Millennium Management
New York
|
+$894K |
| 3 |
MGIA
Moneta Group Investment Advisors
St Louis,
Missouri
|
+$886K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$627K |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$4.39M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$3.81M |
| 3 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
-$417K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$316K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$247K |
LAW Hedge Fund Activity: Q2 2025 in Review
104 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q2 2025, worth a combined $150M — up 7.1% from $140M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new LAW positions and 12 closed out — a net gain of 9 holders — while 37 added to existing stakes and 28 trimmed.
The largest buyer was Topline Capital Management, adding an estimated $4.63M. The largest seller was Norges Bank, cutting an estimated $4.39M.
- 104 institutional investors held CS Disco (LAW) as of Q2 2025, up from 96 in Q1 2025.
- Funds reported $150M of CS Disco stock for Q2 2025, up 7.1% quarter-over-quarter.
- 21 funds opened new CS Disco positions in Q2 2025 and 12 closed out, a net change of +9 holders.
- The largest CS Disco buyer in Q2 2025 was Topline Capital Management, an estimated $4.63M added.
- The largest CS Disco seller in Q2 2025 was Norges Bank, an estimated $4.39M sold.
Based on aggregated 13F filings for Q2 2025.