LegalZoom.com
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$31.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.7M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$26.6M |
| 4 |
CC
Cowbird Capital
New York
|
+$26.5M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$13.5M |
| 3 |
Morgan Stanley
New York
|
-$8.86M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$8.61M |
| 5 |
PCM
Pathway Capital Management
Irvine,
California
|
-$8.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
201
TwinBeech Capital
Purchase,
New York
| – | -$339K | -28,099 | Closed |
|
|
BBA
202
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
| – | -$267K | -22,166 | Closed |
|
|
CMF
203
Counterpoint Mutual Funds
San Diego,
California
| – | -$230K | -19,050 | Closed |
|
204
Walleye Trading
New York
| – | -$203K | -16,554 | Closed |
|
|
LOAMU
205
Lombard Odier Asset Management (USA)
New York
| – | -$188K | -15,569 | Closed |
|
|
CIP
206
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$168K | -13,917 | Closed |
|
|
PPW
207
Pasadena Private Wealth
Pasadena,
California
| – | -$157K | -13,037 | Closed |
|
|
VA
208
Verdad Advisers
Boston,
Massachusetts
| – | -$96.7K | -8,008 | Closed |
|
|
PA
209
PSI Advisors
Tampa,
Florida
| – | -$2.42K | -200 | Closed |
|
210
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2.11K | -175 | Closed |
|
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.