We are live on ! Find out more
LZ icon

LegalZoom.com
LZ

181 hedge funds and large institutions have $1.58B invested in LegalZoom.com in 2023 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

272% more call options, than puts

Call options by funds: $32.5M | Put options by funds: $8.72M

31% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 29

21% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 52

6.88% more ownership

Funds ownership: 68.19% → 75.08% (+6.9%)

4% more funds holding

Funds holding: 174 → 181 (+7)

0% more capital invested

Capital invested by funds: $1.58B → $1.58B (+$7.24M)

0% more funds holding in top 10

Funds holding in top 10: 10 → 10 (0)

Holders
181
Holders Change
+7
Holders Change %
+4.02%
% of All Funds
2.87%
Holding in Top 10
10
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.16%
New
38
Increased
63
Reduced
52
Closed
29
Calls
$32.5M
Puts
$8.72M
Net Calls
+$23.7M
Net Calls Change
-$5.69M

Top Buyers

Rank Fund Capital Flow
1
WHG
Westwood Holdings Group
Texas
+$31.5M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$27.7M
3
William Blair & Company
William Blair & Company
Illinois
+$26.6M
4
CC
Cowbird Capital
New York
+$26.5M
5
HRCM
Hawk Ridge Capital Management
California
+$22.1M

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$18.3M
2
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
-$13.5M
3
Morgan Stanley
Morgan Stanley
New York
-$8.86M
4
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$8.61M
5
PCM
Pathway Capital Management
California
-$8.11M
Name Holding Trade Value Shares
Change 		Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$12.3M +$1.19M +97,199 +9%
Morgan Stanley
27
Morgan Stanley
New York
$11.8M -$8.86M -722,654 -40%
Macquarie Group
28
Macquarie Group
Australia
$10.9M +$12.3M +999,804 New
Northern Trust
29
Northern Trust
Illinois
$10.3M +$279K +22,732 +2%
N
30
Nuveen
North Carolina
$10.1M +$8.16M +665,313 +262%
Charles Schwab
31
Charles Schwab
California
$9.94M +$2.2M +179,456 +25%
TAM
32
Tabor Asset Management
New York
$7.68M +$1.24M +101,192 +17%
Marshall Wace
33
Marshall Wace
United Kingdom
$7.33M +$7.69M +627,116 +1,447%
Balyasny Asset Management
34
Balyasny Asset Management
Illinois
$5.78M +$6.48M +528,029 New
Two Sigma Investments
35
Two Sigma Investments
New York
$5.16M -$3.62M -295,027 -38%
Dimensional Fund Advisors
36
Dimensional Fund Advisors
Texas
$5.08M +$5.45M +444,158 +2,199%
VOYA Investment Management
37
VOYA Investment Management
Georgia
$4.95M +$2.61M +212,657 +89%
Voloridge Investment Management
38
Voloridge Investment Management
Florida
$4.75M +$5.33M +434,544 New
Goldman Sachs
39
Goldman Sachs
New York
$4.7M +$392K +32,000 +8%
Bank of New York Mellon
40
Bank of New York Mellon
New York
$4.54M +$92.9K +7,577 +2%
HIM
41
Hillsdale Investment Management
Ontario, Canada
$4.52M +$5.06M +412,870 New
JMPWA
42
JP Morgan Private Wealth Advisors
California
$3.98M -$1.36M -111,074 -23%
CSS
43
Cubist Systematic Strategies
Connecticut
$3.75M -$83.9K -6,845 -2%
Man Group
44
Man Group
United Kingdom
$2.89M -$1.36M -111,300 Closed
AG
45
Algert Global
California
$2.78M +$1.22M +99,167 +64%
MIM
46
Monashee Investment Management
Massachusetts
$2.64M +$2.96M +241,156 New
PAMP
47
Polar Asset Management Partners
Ontario, Canada
$2.59M +$2.91M +237,000 New
Federated Hermes
48
Federated Hermes
Pennsylvania
$2.59M -$17K -1,384 -0.6%
Two Sigma Advisers
49
Two Sigma Advisers
New York
$2.45M +$49.1K +4,000 +2%
AllianceBernstein
50
AllianceBernstein
Tennessee
$2.41M +$1.5M +122,567 +125%
1
2
3 4 5

LZ Hedge Fund Activity: Q3 2023 in Review

181 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q3 2023, worth a combined $1.58B — up 0.46% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new LZ positions and 29 closed out — a net gain of 9 holders — while 63 added to existing stakes and 52 trimmed.

The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $31.5M. The largest seller was Millennium Management, cutting an estimated $18.3M.

  • 181 institutional investors held LegalZoom.com (LZ) as of Q3 2023, up from 174 in Q2 2023.
  • Funds reported $1.58B of LegalZoom.com stock for Q3 2023, up 0.46% quarter-over-quarter.
  • 38 funds opened new LegalZoom.com positions in Q3 2023 and 29 closed out, a net change of +9 holders.
  • The largest LegalZoom.com buyer in Q3 2023 was Westwood Holdings Group, an estimated $31.5M added.
  • The largest LegalZoom.com seller in Q3 2023 was Millennium Management, an estimated $18.3M sold.

Based on aggregated 13F filings for Q3 2023.