CS Disco
LAW
123 hedge funds and large institutions have $136M invested in CS Disco in 2026 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 26 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
1.92% less ownership
Funds ownership: 58.11% → 56.18% (-1.9%)
2% less funds holding
Funds holding: 126 → 123 (-3)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
52% less capital invested
Capital invested by funds: $282M → $136M (-$146M)
95% less call options, than puts
Call options by funds: $63K | Put options by funds: $1.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.73M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.61M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.22M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$935K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Topline Capital Management
Santa Monica,
California
|
-$3.43M |
| 2 |
First Eagle Investment Management
New York
|
-$2.55M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.13M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.08M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$660K |
LAW Hedge Fund Activity: Q1 2026 in Review
123 institutional investors reported a position in CS Disco (LAW) for Q1 2026, worth a combined $136M — down 52% from $282M a quarter earlier.
Fund positioning in LAW was balanced in Q1 2026: 26 funds opened new positions, 26 closed out, 49 added to existing stakes and 28 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $2.73M. The largest seller was Topline Capital Management, cutting an estimated $3.43M.
- 123 institutional investors held CS Disco (LAW) as of Q1 2026, down from 126 in Q4 2025.
- Funds reported $136M of CS Disco stock for Q1 2026, down 52% quarter-over-quarter.
- 26 funds opened new CS Disco positions in Q1 2026 and 26 closed out, a net change of 0 holders.
- The largest CS Disco buyer in Q1 2026 was AQR Capital Management, an estimated $2.73M added.
- The largest CS Disco seller in Q1 2026 was Topline Capital Management, an estimated $3.43M sold.
Based on aggregated 13F filings for Q1 2026.