LegalZoom.com
131 hedge funds and large institutions have $1.52B invested in LegalZoom.com in 2022 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 46 increasing their positions, 26 reducing their positions, and 29 closing their positions.
322% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $4.1M
77% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 26
45% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 29
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
9% more funds holding
Funds holding: 120 → 131 (+11)
2.99% more ownership
Funds ownership: 66.87% → 69.86% (+3%)
19% less capital invested
Capital invested by funds: $1.88B → $1.52B (-$356M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$79.5M |
| 2 |
BlackRock
New York
|
+$27M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.4M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.26M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVMX
Institutional Venture Management XIII
Menlo Park,
California
|
-$57M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$19.9M |
| 3 |
KDA
KPCB DGF Associates
Menlo Park,
California
|
-$19.8M |
| 4 |
CAM
Contour Asset Management
New York
|
-$9.33M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.31M |
LZ Hedge Fund Activity: Q2 2022 in Review
131 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q2 2022, worth a combined $1.52B — down 19% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LZ positions and 29 closed out — a net gain of 13 holders — while 46 added to existing stakes and 26 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $79.5M. The largest seller was Institutional Venture Management XIII, cutting an estimated $57M.
- 131 institutional investors held LegalZoom.com (LZ) as of Q2 2022, up from 120 in Q1 2022.
- Funds reported $1.52B of LegalZoom.com stock for Q2 2022, down 19% quarter-over-quarter.
- 42 funds opened new LegalZoom.com positions in Q2 2022 and 29 closed out, a net change of +13 holders.
- The largest LegalZoom.com buyer in Q2 2022 was Wasatch Advisors, an estimated $79.5M added.
- The largest LegalZoom.com seller in Q2 2022 was Institutional Venture Management XIII, an estimated $57M sold.
Based on aggregated 13F filings for Q2 2022.