CS Disco
LAW
91 hedge funds and large institutions have $197M invested in CS Disco in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 18 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
2.98% less ownership
Funds ownership: 57.96% → 54.98% (-3%)
9% less funds holding
Funds holding: 100 → 91 (-9)
32% less capital invested
Capital invested by funds: $288M → $197M (-$91.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
73% less call options, than puts
Call options by funds: $30K | Put options by funds: $110K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.33M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.18M |
| 3 |
LCM
Lakewood Capital Management
New York
|
+$1.06M |
| 4 |
Renaissance Technologies
New York
|
+$658K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Solel Partners
Boston,
Massachusetts
|
-$12.8M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.32M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.76M |
| 4 |
Bank of New York Mellon
New York
|
-$1.4M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$996K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Baillie Gifford & Co
Edinburgh,
United Kingdom
| – | -$66.2K | -8,148 | Closed |
|
102
Allspring Global Investments
Charlotte,
North Carolina
| – | -$52.4K | -6,448 | Closed |
|
|
MLICM
103
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$11.5K | -1,412 | Closed |
|
|
PWMG
104
Private Wealth Management Group
Princeton,
New Jersey
| – | -$3.44K | -423 | Closed |
|
|
BAM
105
Bellevue Asset Management
Bellevue,
Washington
| – | -$1.23K | -151 | Closed |
|
|
PA
106
Parallel Advisors
San Francisco,
California
| – | -$992 | -122 | Closed |
|
|
AWM
107
Avior Wealth Management
Omaha,
Nebraska
| – | -$40 | -5 | Closed |
|
108
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$373 | +54 | New |
|
LAW Hedge Fund Activity: Q2 2024 in Review
91 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q2 2024, worth a combined $197M — down 32% from $288M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of LAW and 11 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 35 added.
The largest buyer was BlackRock, adding an estimated $2.33M. The largest seller was Solel Partners, cutting an estimated $12.8M.
- 91 institutional investors held CS Disco (LAW) as of Q2 2024, down from 100 in Q1 2024.
- Funds reported $197M of CS Disco stock for Q2 2024, down 32% quarter-over-quarter.
- 11 funds opened new CS Disco positions in Q2 2024 and 18 closed out, a net change of -7 holders.
- The largest CS Disco buyer in Q2 2024 was BlackRock, an estimated $2.33M added.
- The largest CS Disco seller in Q2 2024 was Solel Partners, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2024.