LegalZoom.com
237 hedge funds and large institutions have $937M invested in LegalZoom.com in 2026 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 74 increasing their positions, 77 reducing their positions, and 57 closing their positions.
241% more call options, than puts
Call options by funds: $7.61M | Put options by funds: $2.23M
12% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 57
5.85% more ownership
Funds ownership: 89.59% → 95.44% (+5.9%)
1% more funds holding
Funds holding: 235 → 237 (+2)
4% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 77
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less capital invested
Capital invested by funds: $1.58B → $937M (-$641M)
Top Buyers
| 1 |
BlackRock
New York
|
+$49.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$13.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$12.4M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$10.1M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.54M |
Top Sellers
LZ Hedge Fund Activity: Q1 2026 in Review
237 of the 8,125 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q1 2026, worth a combined $937M — down 41% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LZ positions and 57 closed out — a net gain of 7 holders — while 74 added to existing stakes and 77 trimmed.
The largest buyer was BlackRock, adding an estimated $49.4M. The largest seller was Neumeier Poma Investment Counsel, exiting entirely with an estimated $15.9M sold.
- 237 institutional investors held LegalZoom.com (LZ) as of Q1 2026, up from 235 in Q4 2025.
- Funds reported $937M of LegalZoom.com stock for Q1 2026, down 41% quarter-over-quarter.
- 64 funds opened new LegalZoom.com positions in Q1 2026 and 57 closed out, a net change of +7 holders.
- The largest LegalZoom.com buyer in Q1 2026 was BlackRock, an estimated $49.4M added.
- The largest LegalZoom.com seller in Q1 2026 was Neumeier Poma Investment Counsel, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2026.