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CS Disco

99 hedge funds and large institutions have $271M invested in CS Disco in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

33,050% more call options, than puts

Call options by funds: $663K | Put options by funds: $2K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

29% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 28

18% more capital invested

Capital invested by funds: $230M → $271M (+$41.2M)

1.35% more ownership

Funds ownership: 57.5%58.85% (+1.3%)

9% less funds holding

Funds holding: 10999 (-10)

38% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 24

Holders
99
Holders Change
-10
Holders Change %
-9.17%
% of All Funds
1.44%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
15
Increased
36
Reduced
28
Closed
24
Calls
$663K
Puts
$2K
Net Calls
+$661K
Net Calls Change
+$339K
Name Holding Trade Value Shares
Change
Change in
Stake
DMC
1
Deer Management Company
New York
$65.7M
SG
2
Stephens Group
Arkansas
$59.2M
SP
3
Solel Partners
Massachusetts
$25.4M +$1.71M +270,660 +9%
Franklin Resources
4
Franklin Resources
California
$17.6M -$17.3K -2,751 -0.1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$14.8M +$224K +35,502 +2%
Norges Bank
6
Norges Bank
Norway
$13.5M
BlackRock
7
BlackRock
New York
$12.8M +$594K +94,207 +6%
LCM
8
Lakewood Capital Management
New York
$5.21M +$2.62M +415,141 +153%
ACH
9
ArrowMark Colorado Holdings
Colorado
$4.94M +$4.1M +650,982 New
Geode Capital Management
10
Geode Capital Management
Massachusetts
$3.93M +$283K +44,925 +9%
FG
11
Formula Growth
Quebec, Canada
$3.79M +$630K +100,000 +25%
State Street
12
State Street
Massachusetts
$3.56M +$276K +43,816 +10%
Morgan Stanley
13
Morgan Stanley
New York
$3.19M +$1.77M +281,037 +202%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$3.14M +$1.05M +166,190 +67%
Jacobs Levy Equity Management
15
Jacobs Levy Equity Management
New Jersey
$2.79M -$23.1K -3,671 -1%
WCA
16
Whetstone Capital Advisors
Kansas
$2.74M +$1.69K +268 +0.1%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$2.56M -$244K -38,781 -10%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$2.33M -$590K -93,657 -23%
BCP
19
Berylson Capital Partners
Massachusetts
$2.14M +$1.44M +228,669 +424%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$2.13M +$121K +19,130 +7%
CIBC Private Wealth Group
21
CIBC Private Wealth Group
Georgia
$1.68M +$499K +79,208 +56%
Northern Trust
22
Northern Trust
Illinois
$1.65M +$49.4K +7,836 +4%
GCP
23
GSA Capital Partners
United Kingdom
$1.48M +$788K +125,018 +177%
Charles Schwab
24
Charles Schwab
California
$1.36M -$9.99K -1,585 -0.9%
UBS Group
25
UBS Group
Switzerland
$1.09M -$284K -45,050 -24%

LAW Hedge Fund Activity: Q4 2023 in Review

99 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q4 2023, worth a combined $271M — up 18% from $230M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of LAW and 15 opened new positions — a net loss of 9 holders — while 28 trimmed existing stakes and 36 added.

The largest buyer was ArrowMark Colorado Holdings, opening a new position worth an estimated $4.1M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $3.12M sold.

  • 99 institutional investors held CS Disco (LAW) as of Q4 2023, down from 109 in Q3 2023.
  • Funds reported $271M of CS Disco stock for Q4 2023, up 18% quarter-over-quarter.
  • 15 funds opened new CS Disco positions in Q4 2023 and 24 closed out, a net change of -9 holders.
  • The largest CS Disco buyer in Q4 2023 was ArrowMark Colorado Holdings, an estimated $4.1M added.
  • The largest CS Disco seller in Q4 2023 was Wasatch Advisors, an estimated $3.12M sold.

Based on aggregated 13F filings for Q4 2023.