LegalZoom.com
203 hedge funds and large institutions have $1.74B invested in LegalZoom.com in 2023 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 95 increasing their positions, 40 reducing their positions, and 17 closing their positions.
207% more call options, than puts
Call options by funds: $28.5M | Put options by funds: $9.28M
153% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 17
138% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 40
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
12% more funds holding
Funds holding: 181 → 203 (+22)
10% more capital invested
Capital invested by funds: $1.58B → $1.74B (+$159M)
6.94% more ownership
Funds ownership: 75.08% → 82.02% (+6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.2M |
| 2 |
TCMI
Technology Crossover Management IX
Menlo Park,
California
|
+$22.8M |
| 3 |
Renaissance Technologies
New York
|
+$13.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.5M |
| 5 |
BlackRock
New York
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$12.6M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$9.02M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$7.33M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.57M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$2.64M |
LZ Hedge Fund Activity: Q4 2023 in Review
203 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q4 2023, worth a combined $1.74B — up 10% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new LZ positions and 17 closed out — a net gain of 26 holders — while 95 added to existing stakes and 40 trimmed.
The largest buyer was Vanguard Group, adding an estimated $30.2M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $12.6M sold.
- 203 institutional investors held LegalZoom.com (LZ) as of Q4 2023, up from 181 in Q3 2023.
- Funds reported $1.74B of LegalZoom.com stock for Q4 2023, up 10% quarter-over-quarter.
- 43 funds opened new LegalZoom.com positions in Q4 2023 and 17 closed out, a net change of +26 holders.
- The largest LegalZoom.com buyer in Q4 2023 was Vanguard Group, an estimated $30.2M added.
- The largest LegalZoom.com seller in Q4 2023 was Alyeska Investment Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2023.