LegalZoom.com
118 hedge funds and large institutions have $2.1B invested in LegalZoom.com in 2021 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 26 closing their positions.
140% more funds holding in top 10
Funds holding in top 10: 5 → 12 (+7)
115% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 26
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
34% more funds holding
Funds holding: 88 → 118 (+30)
17.23% more ownership
Funds ownership: 48.92% → 66.15% (+17%)
3% less call options, than puts
Call options by funds: $6.11M | Put options by funds: $6.3M
17% less capital invested
Capital invested by funds: $2.52B → $2.1B (-$421M)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$128M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$100M |
| 3 |
Neuberger Berman Group
New York
|
+$76.1M |
| 4 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$61.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$42.5M |
Top Sellers
| 1 |
TA
TA Associates
Boston,
Massachusetts
|
-$62M |
| 2 |
Select Equity Group
New York
|
-$53.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$26.7M |
| 4 |
KDA
KPCB DGF Associates
Menlo Park,
California
|
-$23.1M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$19.8M |
LZ Hedge Fund Activity: Q4 2021 in Review
118 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q4 2021, worth a combined $2.1B — down 17% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new LZ positions and 26 closed out — a net gain of 30 holders — while 33 added to existing stakes and 24 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $128M. The largest seller was TA Associates, cutting an estimated $62M.
- 118 institutional investors held LegalZoom.com (LZ) as of Q4 2021, up from 88 in Q3 2021.
- Funds reported $2.1B of LegalZoom.com stock for Q4 2021, down 17% quarter-over-quarter.
- 56 funds opened new LegalZoom.com positions in Q4 2021 and 26 closed out, a net change of +30 holders.
- The largest LegalZoom.com buyer in Q4 2021 was T. Rowe Price Associates, an estimated $128M added.
- The largest LegalZoom.com seller in Q4 2021 was TA Associates, an estimated $62M sold.
Based on aggregated 13F filings for Q4 2021.