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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
N
51
Numerai
California
$2.4M +$124K +10,144 +5%
Mitsubishi UFJ Asset Management
52
Mitsubishi UFJ Asset Management
Japan
$1.86M – – –
Swiss National Bank
53
Swiss National Bank
Switzerland
$1.84M +$23.3K +1,900 +1%
RA
54
Royce & Associates
New York
$1.79M +$2.01M +164,000 New
TI
55
Trexquant Investment
Connecticut
$1.79M -$628K -51,240 -24%
PP
56
PDT Partners
New York
$1.76M +$827K +67,444 +72%
Ohio Public Employees Retirement System (OPERS)
57
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.75M +$1.97M +160,237 New
AQR Capital Management
58
AQR Capital Management
Connecticut
$1.71M +$1.64M +133,690 +593%
GIPM
59
G2 Investment Partners Management
New York
$1.66M -$6.24M -509,207 -77%
IC
60
IEQ Capital
California
$1.63M – – –
Royal Bank of Canada
61
Royal Bank of Canada
Ontario, Canada
$1.62M +$654K +53,339 +56%
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$1.55M +$49.4K +4,026 +3%
AR
63
Advisory Research
Illinois
$1.52M -$1.92M -156,280 -53%
STA
64
Summit Trail Advisors
New York
$1.51M +$55.1K +4,492 +3%
Qube Research & Technologies (QRT)
65
Qube Research & Technologies (QRT)
United Kingdom
$1.45M +$282K +22,963 +21%
JP Morgan Chase
66
JP Morgan Chase
New York
$1.43M -$2.63M -214,404 -62%
EGM
67
Engineers Gate Manager
New York
$1.37M -$264K -21,514 -15%
AI
68
Atom Investors
Texas
$1.3M +$299K +24,398 +26%
M&T Bank
69
M&T Bank
New York
$1.29M +$167K +13,607 +13%
SWS
70
SYSTM Wealth Solutions
Illinois
$1.21M +$1.36M +110,555 New
RC
71
RBF Capital
California
$1.2M -$451K -36,817 -25%
Stifel Financial
72
Stifel Financial
Missouri
$1.15M -$60.2K -4,906 -4%
T. Rowe Price Associates
73
T. Rowe Price Associates
Maryland
$1.11M -$1.02M -83,213 -45%
LCM
74
Landscape Capital Management
New Jersey
$1.11M +$372K +30,330 +43%
Bank of America
75
Bank of America
North Carolina
$1.09M -$98.9K -8,064 -7%
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.