LegalZoom.com
195 hedge funds and large institutions have $2.08B invested in LegalZoom.com in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 86 increasing their positions, 60 reducing their positions, and 28 closing their positions.
370% more call options, than puts
Call options by funds: $43M | Put options by funds: $9.13M
43% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 60
18% more capital invested
Capital invested by funds: $1.76B → $2.08B (+$321M)
0.18% more ownership
Funds ownership: 82.88% → 83.06% (+0.18%)
4% less funds holding
Funds holding: 203 → 195 (-8)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$21.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.86M |
| 4 |
BlackRock
New York
|
+$5.88M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cowbird Capital
New York
|
-$22M |
| 2 |
Morgan Stanley
New York
|
-$19M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$5.67M |
| 4 |
Renaissance Technologies
New York
|
-$5.11M |
| 5 |
1WCM
12 West Capital Management
New York
|
-$5.08M |
LZ Hedge Fund Activity: Q1 2024 in Review
195 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q1 2024, worth a combined $2.08B — up 18% from $1.76B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of LZ and 21 opened new positions — a net loss of 7 holders — while 60 trimmed existing stakes and 86 added.
The largest buyer was Westwood Holdings Group, adding an estimated $21.2M. The largest seller was Cowbird Capital, exiting entirely with an estimated $22M sold.
- 195 institutional investors held LegalZoom.com (LZ) as of Q1 2024, down from 203 in Q4 2023.
- Funds reported $2.08B of LegalZoom.com stock for Q1 2024, up 18% quarter-over-quarter.
- 21 funds opened new LegalZoom.com positions in Q1 2024 and 28 closed out, a net change of -7 holders.
- The largest LegalZoom.com buyer in Q1 2024 was Westwood Holdings Group, an estimated $21.2M added.
- The largest LegalZoom.com seller in Q1 2024 was Cowbird Capital, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2024.