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CS Disco

95 hedge funds and large institutions have $1.29B invested in CS Disco in 2022 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 39 increasing their positions, 18 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,470% more call options, than puts

Call options by funds: $16.5M | Put options by funds: $1.05M

117% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 18

100% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 16

20% more funds holding

Funds holding: 7995 (+16)

0.87% more ownership

Funds ownership: 64.87%65.74% (+0.87%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

3% less capital invested

Capital invested by funds: $1.33B → $1.29B (-$37M)

Holders
95
Holders Change
+16
Holders Change %
+20.25%
% of All Funds
1.5%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
32
Increased
39
Reduced
18
Closed
16
Calls
$16.5M
Puts
$1.05M
Net Calls
+$15.4M
Net Calls Change
+$4.39M
Name Holding Trade Value Shares
Change
Change in
Stake
DMC
1
Deer Management Company
New York
$316M -$21.4M -651,273 -7%
SG
2
Stephens Group
Arkansas
$270M -$36.2M -1,102,381 -12%
DIG
3
Dragoneer Investment Group
California
$194M +$74.8M +2,278,319 +66%
BlackRock
4
BlackRock
New York
$77M +$10.9M +332,076 +17%
WA
5
Wasatch Advisors
Utah
$73.4M +$4.43M +134,967 +7%
Norges Bank
6
Norges Bank
Norway
$60.3M -$17.8M -543,229 -23%
Vanguard Group
7
Vanguard Group
Pennsylvania
$50.8M +$8.5M +258,911 +21%
Franklin Resources
8
Franklin Resources
California
$39.6M -$17M -519,129 -31%
Capital World Investors
9
Capital World Investors
California
$23.1M +$5.91M +180,022 +36%
Federated Hermes
10
Federated Hermes
Pennsylvania
$21.4M -$5.83M -177,802 -22%
SPPAM
11
Summit Partners Public Asset Management
Massachusetts
$18.9M +$10.1M +306,888 +123%
HRCM
12
Hood River Capital Management
Florida
$16.6M +$305K +9,292 +2%
NCGI
13
Next Century Growth Investors
Minnesota
$15.9M +$3.65M +111,231 +31%
UI
14
Untitled Investments
New York
$15.4M +$609K +18,565 +4%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$13.3M +$11.4M +348,613 +805%
State Street
16
State Street
Massachusetts
$10.5M +$2.58M +78,489 +34%
PAMP
17
Polar Asset Management Partners
Ontario, Canada
$10.5M +$2.57M +78,200 +34%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$8.57M +$1.99M +60,722 +32%
Tudor Investment Corp
19
Tudor Investment Corp
Connecticut
$7.64M -$725K -22,090 -9%
Northern Trust
20
Northern Trust
Illinois
$4.35M +$1.68M +51,064 +66%
GCM
21
Ghisallo Capital Management
Massachusetts
$3.57M -$3.45M -105,000 -50%
GGHC
22
Gilder Gagnon Howe & Co
New York
$3.55M +$1.15K +35 +0%
Charles Schwab
23
Charles Schwab
California
$3.33M +$649K +19,769 +25%
Allspring Global Investments
24
Allspring Global Investments
North Carolina
$2.77M +$294K +8,970 +12%
Ohio Public Employees Retirement System (OPERS)
25
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.73M

LAW Hedge Fund Activity: Q1 2022 in Review

95 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q1 2022, worth a combined $1.29B — down 2.8% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new LAW positions and 16 closed out — a net gain of 16 holders — while 39 added to existing stakes and 18 trimmed.

The largest buyer was Dragoneer Investment Group, adding an estimated $74.8M. The largest seller was Stephens Group, cutting an estimated $36.2M.

  • 95 institutional investors held CS Disco (LAW) as of Q1 2022, up from 79 in Q4 2021.
  • Funds reported $1.29B of CS Disco stock for Q1 2022, down 2.8% quarter-over-quarter.
  • 32 funds opened new CS Disco positions in Q1 2022 and 16 closed out, a net change of +16 holders.
  • The largest CS Disco buyer in Q1 2022 was Dragoneer Investment Group, an estimated $74.8M added.
  • The largest CS Disco seller in Q1 2022 was Stephens Group, an estimated $36.2M sold.

Based on aggregated 13F filings for Q1 2022.