CS Disco
LAW
126 hedge funds and large institutions have $282M invested in CS Disco in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
27% more capital invested
Capital invested by funds: $222M → $282M (+$60.1M)
9% more funds holding
Funds holding: 116 → 126 (+10)
2.66% more ownership
Funds ownership: 55.49% → 58.15% (+2.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.46M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$1.2M |
| 3 |
First Eagle Investment Management
New York
|
+$1.16M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$982K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$888K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$1.01M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$545K |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$494K |
| 4 |
SP
Solel Partners
Boston,
Massachusetts
|
-$429K |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$419K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
126
Quadrature Capital
London,
United Kingdom
| – | -$112K | -17,231 | Closed |
|
|
GCM
127
Graham Capital Management
Rowayton,
Connecticut
| – | -$88.9K | -13,759 | Closed |
|
|
SPA
128
Sherbrooke Park Advisers
White Plains,
New York
| – | -$82.6K | -12,793 | Closed |
|
|
AG
129
Algert Global
San Francisco,
California
| – | -$70K | -10,848 | Closed |
|
|
PPA
130
Pilgrim Partners Asia
Singapore
| – | -$62K | -9,600 | Closed |
|
|
131
Focus Partners Wealth
Boston,
Massachusetts
| – | -$545K | -2,533 | Closed |
|
132
Simplex Trading
Chicago,
Illinois
| – | -$7.91K | -1,122 | Closed |
|
|
CA
133
Clearstead Advisors
Cleveland,
Ohio
| – | -$672 | -104 | Closed |
|
LAW Hedge Fund Activity: Q4 2025 in Review
126 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q4 2025, worth a combined $282M — up 27% from $222M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new LAW positions and 8 closed out — a net gain of 13 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was Nuveen, adding an estimated $1.46M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $1.01M.
- 126 institutional investors held CS Disco (LAW) as of Q4 2025, up from 116 in Q3 2025.
- Funds reported $282M of CS Disco stock for Q4 2025, up 27% quarter-over-quarter.
- 21 funds opened new CS Disco positions in Q4 2025 and 8 closed out, a net change of +13 holders.
- The largest CS Disco buyer in Q4 2025 was Nuveen, an estimated $1.46M added.
- The largest CS Disco seller in Q4 2025 was ArrowMark Colorado Holdings, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2025.