LegalZoom.com
135 hedge funds and large institutions have $1.15B invested in LegalZoom.com in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 22 closing their positions.
361% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $2.48M
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
3% more funds holding
Funds holding: 131 → 135 (+4)
1.14% less ownership
Funds ownership: 69.86% → 68.72% (-1.1%)
25% less capital invested
Capital invested by funds: $1.52B → $1.15B (-$375M)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$20.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.4M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$11.2M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$7.1M |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$84.7M |
| 2 |
WCM
W Capital Management
New York
|
-$20.7M |
| 3 |
BlackRock
New York
|
-$11.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.39M |
| 5 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$6.1M |
LZ Hedge Fund Activity: Q3 2022 in Review
135 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q3 2022, worth a combined $1.15B — down 25% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new LZ positions and 22 closed out — a net gain of 4 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Hawk Ridge Capital Management, adding an estimated $20.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $84.7M.
- 135 institutional investors held LegalZoom.com (LZ) as of Q3 2022, up from 131 in Q2 2022.
- Funds reported $1.15B of LegalZoom.com stock for Q3 2022, down 25% quarter-over-quarter.
- 26 funds opened new LegalZoom.com positions in Q3 2022 and 22 closed out, a net change of +4 holders.
- The largest LegalZoom.com buyer in Q3 2022 was Hawk Ridge Capital Management, an estimated $20.5M added.
- The largest LegalZoom.com seller in Q3 2022 was T. Rowe Price Associates, an estimated $84.7M sold.
Based on aggregated 13F filings for Q3 2022.