LegalZoom.com
88 hedge funds and large institutions have $2.52B invested in LegalZoom.com in 2021 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 45 closing their positions.
48.92% more ownership
Funds ownership: 0% → 48.92% (+49%)
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
4% more call options, than puts
Call options by funds: $9.64M | Put options by funds: $9.23M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
7% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 45
4% less funds holding
Funds holding: 92 → 88 (-4)
15% less capital invested
Capital invested by funds: $2.96B → $2.52B (-$439M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMI
Technology Crossover Management IX
Menlo Park,
California
|
+$390M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$104M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$52.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$41.6M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$40.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$16.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.5M |
| 4 |
FAM
Fred Alger Management
New York
|
-$14.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.1M |
LZ Hedge Fund Activity: Q3 2021 in Review
88 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q3 2021, worth a combined $2.52B — down 15% from $2.96B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of LZ and 42 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 22 added.
The largest buyer was Technology Crossover Management IX, adding an estimated $390M. The largest seller was Caledonia Investments (Australia), exiting entirely with an estimated $40.9M sold.
- 88 institutional investors held LegalZoom.com (LZ) as of Q3 2021, down from 92 in Q2 2021.
- Funds reported $2.52B of LegalZoom.com stock for Q3 2021, down 15% quarter-over-quarter.
- 42 funds opened new LegalZoom.com positions in Q3 2021 and 45 closed out, a net change of -3 holders.
- The largest LegalZoom.com buyer in Q3 2021 was Technology Crossover Management IX, an estimated $390M added.
- The largest LegalZoom.com seller in Q3 2021 was Caledonia Investments (Australia), an estimated $40.9M sold.
Based on aggregated 13F filings for Q3 2021.