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CS Disco

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.

New
Increased
Maintained
Reduced
Closed

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: 10091 (-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: 32 (-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

Holders
91
Holders Change
-9
Holders Change %
-9%
% of All Funds
1.31%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
11
Increased
35
Reduced
28
Closed
18
Calls
$30K
Puts
$110K
Net Calls
-$80K
Net Calls Change
-$343K
Name Holding Trade Value Shares
Change
Change in
Stake
DMC
1
Deer Management Company
New York
$51.6M
SG
2
Stephens Group
Arkansas
$46.5M
BlackRock
3
BlackRock
New York
$12M +$2.33M +336,906 +20%
Vanguard Group
4
Vanguard Group
Pennsylvania
$11.6M -$588K -85,059 -4%
Norges Bank
5
Norges Bank
Norway
$10.6M
Franklin Resources
6
Franklin Resources
California
$10.5M -$262K -37,970 -2%
SP
7
Solel Partners
Massachusetts
$8.9M -$12.8M -1,848,527 -55%
LCM
8
Lakewood Capital Management
New York
$5.76M +$1.06M +153,120 +19%
ACH
9
ArrowMark Colorado Holdings
Colorado
$5.21M +$208K +30,046 +4%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$3.97M +$1.18M +170,496 +34%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$3.63M +$562K +81,299 +15%
FG
12
Formula Growth
Quebec, Canada
$3.22M +$276K +40,000 +8%
State Street
13
State Street
Massachusetts
$3.01M +$92.2K +13,349 +3%
Jacobs Levy Equity Management
14
Jacobs Levy Equity Management
New Jersey
$2.02M -$58.6K -8,481 -2%
BCP
15
Berylson Capital Partners
Massachusetts
$1.68M
CI
16
Ceera Investments
Texas
$1.55M
Charles Schwab
17
Charles Schwab
California
$1.26M +$334K +48,414 +30%
Northern Trust
18
Northern Trust
Illinois
$1.24M -$20.8K -3,010 -1%
Renaissance Technologies
19
Renaissance Technologies
New York
$868K +$658K +95,200 +189%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$798K -$849K -122,840 -48%
UBS Group
21
UBS Group
Switzerland
$794K -$211K -30,493 -19%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$716K -$1.4M -202,284 -63%
Bank of America
23
Bank of America
North Carolina
$624K +$160K +23,139 +28%
AG
24
Algert Global
California
$599K +$182K +26,293 +35%
JP Morgan Chase
25
JP Morgan Chase
New York
$580K +$342K +49,520 +104%

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.