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
Citadel Advisors
126
Citadel Advisors
Florida
$261K -$2.81M -229,504 -91%
AIM
127
Aigen Investment Management
New York
$252K +$283K +23,058 New
VRS
128
Virginia Retirement Systems
Virginia
$251K +$120K +9,800 +75%
ASRS
129
Arizona State Retirement System
Arizona
$238K +$4K +326 +2%
Capstone Investment Advisors
130
Capstone Investment Advisors
New York
$223K +$115K +9,379 +85%
JF
131
Jump Financial
Illinois
$221K -$1.62M -132,278 -87%
YDMI
132
Y.D. More Investments
Israel
$209K +$234K +19,119 New
CC
133
Cipher Capital
New York
$192K +$215K +17,560 New
BOTOTLSJU
134
Board of Trustees of The Leland Stanford Junior University
California
$189K – – –
SOW
135
State of Wyoming
Wyoming
$186K +$60K +4,890 +40%
MWM
136
Mission Wealth Management
California
$182K -$16.8K -1,367 -8%
SSA
137
Schonfeld Strategic Advisors
New York
$177K +$199K +16,200 New
FCM
138
Fortis Capital Management
Washington
$175K -$159K -12,972 -45%
AB
139
Amalgamated Bank
New York
$170K – – –
SG Americas Securities
140
SG Americas Securities
New York
$167K +$187K +15,229 New
ProShare Advisors
141
ProShare Advisors
Maryland
$148K -$208 -17 -0.1%
Handelsbanken Fonder
142
Handelsbanken Fonder
Sweden
$147K – – –
Zurich Cantonal Bank
143
Zurich Cantonal Bank
Switzerland
$140K – – –
BCM
144
Bayesian Capital Management
New York
$128K -$299K -24,405 -68%
Pictet Asset Management
145
Pictet Asset Management
Switzerland
$121K +$136K +11,088 New
Principal Financial Group
146
Principal Financial Group
Iowa
$120K -$16.1K -1,309 -11%
XT
147
XTX Topco
Cayman Islands
$120K +$134K +10,937 New
Wolverine Trading
148
Wolverine Trading
Illinois
$116K -$59.5K -4,849 -31%
AIP
149
Ameritas Investment Partners
Nebraska
$113K +$21.4K +1,748 +20%
SAM
150
Shell Asset Management
Netherlands
$101K -$1.77K -144 -2%
4 5
6
7 8

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.