CS Disco
LAW
128 hedge funds and large institutions have $282M invested in CS Disco in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
170% more capital inflows, than outflows
Capital inflows: $15.3M | Capital outflows: $5.67M
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
9% more funds holding
Funds holding: 117 → 128 (+11)
1.56% more ownership
Funds ownership: 56.55% → 58.11% (+1.6%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$1.46M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
+$1.2M |
| 3 |
First Eagle Investment Management
New York
|
+$1.16M |
| 4 |
EAM Investors
Solana Beach,
California
|
+$982K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$888K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$1.01M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$756K |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$545K |
| 4 |
Formula Growth
Montreal,
Quebec, Canada
|
-$494K |
| 5 |
SP
Solel Partners
Boston,
Massachusetts
|
-$429K |
LAW Hedge Fund Activity: Q4 2025 in Review
128 of the 8,307 institutional investors tracked by Wall St. Rank reported a position in CS Disco (LAW) for Q4 2025, worth a combined $282M — up 25% from $226M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LAW positions and 8 closed out — a net gain of 14 holders — while 51 added to existing stakes and 34 trimmed.
The largest buyer was Nuveen, adding an estimated $1.46M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $1.01M.
- 128 institutional investors held CS Disco (LAW) as of Q4 2025, up from 117 in Q3 2025.
- Funds reported $282M of CS Disco stock for Q4 2025, up 25% quarter-over-quarter.
- 22 funds opened new CS Disco positions in Q4 2025 and 8 closed out, a net change of +14 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.