LegalZoom.com
120 hedge funds and large institutions have $1.88B invested in LegalZoom.com in 2022 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 28 closing their positions.
363% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $2.52M
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
2% more funds holding
Funds holding: 118 → 120 (+2)
0.72% more ownership
Funds ownership: 66.15% → 66.87% (+0.72%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
11% less capital invested
Capital invested by funds: $2.1B → $1.88B (-$224M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$94.3M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$34.7M |
| 3 |
BlackRock
New York
|
+$27.7M |
| 4 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
+$15M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$76.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$36.2M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$18M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$12.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$6.53M |
LZ Hedge Fund Activity: Q1 2022 in Review
120 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q1 2022, worth a combined $1.88B — down 11% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new LZ positions and 28 closed out — a net gain of 3 holders — while 41 added to existing stakes and 33 trimmed.
The largest buyer was Vanguard Group, adding an estimated $94.3M. The largest seller was Neuberger Berman Group, cutting an estimated $76.4M.
- 120 institutional investors held LegalZoom.com (LZ) as of Q1 2022, up from 118 in Q4 2021.
- Funds reported $1.88B of LegalZoom.com stock for Q1 2022, down 11% quarter-over-quarter.
- 31 funds opened new LegalZoom.com positions in Q1 2022 and 28 closed out, a net change of +3 holders.
- The largest LegalZoom.com buyer in Q1 2022 was Vanguard Group, an estimated $94.3M added.
- The largest LegalZoom.com seller in Q1 2022 was Neuberger Berman Group, an estimated $76.4M sold.
Based on aggregated 13F filings for Q1 2022.