CS Disco
LAW
98 hedge funds and large institutions have $281M invested in CS Disco in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 23 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $222M → $281M (+$59M)
1.09% more ownership
Funds ownership: 56.14% → 57.23% (+1.1%)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
10% less funds holding
Funds holding: 109 → 98 (-11)
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
67% less call options, than puts
Call options by funds: $280K | Put options by funds: $842K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Solel Partners
Boston,
Massachusetts
|
+$4.03M |
| 2 |
BlackRock
New York
|
+$2.13M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.73M |
| 4 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$1.43M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$976K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.51M |
| 2 |
CF
Cantor Fitzgerald
New York
|
-$746K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$739K |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$665K |
| 5 |
Renaissance Technologies
New York
|
-$656K |
LAW Hedge Fund Activity: Q2 2023 in Review
98 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q2 2023, worth a combined $281M — up 27% from $222M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of LAW and 12 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 32 added.
The largest buyer was Solel Partners, adding an estimated $4.03M. The largest seller was Vanguard Group, cutting an estimated $1.51M.
- 98 institutional investors held CS Disco (LAW) as of Q2 2023, down from 109 in Q1 2023.
- Funds reported $281M of CS Disco stock for Q2 2023, up 27% quarter-over-quarter.
- 12 funds opened new CS Disco positions in Q2 2023 and 23 closed out, a net change of -11 holders.
- The largest CS Disco buyer in Q2 2023 was Solel Partners, an estimated $4.03M added.
- The largest CS Disco seller in Q2 2023 was Vanguard Group, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2023.