LegalZoom.com
181 hedge funds and large institutions have $1.21B invested in LegalZoom.com in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 74 increasing their positions, 49 reducing their positions, and 47 closing their positions.
147% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $6.33M
51% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 49
6.05% less ownership
Funds ownership: 83.06% → 77% (-6.1%)
7% less funds holding
Funds holding: 195 → 181 (-14)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
26% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 47
42% less capital invested
Capital invested by funds: $2.08B → $1.21B (-$868M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.99M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.18M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$7.85M |
| 5 |
Renaissance Technologies
New York
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$45.3M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$41.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$27.5M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$24.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.4M |
LZ Hedge Fund Activity: Q2 2024 in Review
181 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q2 2024, worth a combined $1.21B — down 42% from $2.08B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of LZ and 35 opened new positions — a net loss of 12 holders — while 49 trimmed existing stakes and 74 added.
The largest buyer was Vanguard Group, adding an estimated $14M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $45.3M sold.
- 181 institutional investors held LegalZoom.com (LZ) as of Q2 2024, down from 195 in Q1 2024.
- Funds reported $1.21B of LegalZoom.com stock for Q2 2024, down 42% quarter-over-quarter.
- 35 funds opened new LegalZoom.com positions in Q2 2024 and 47 closed out, a net change of -12 holders.
- The largest LegalZoom.com buyer in Q2 2024 was Vanguard Group, an estimated $14M added.
- The largest LegalZoom.com seller in Q2 2024 was T. Rowe Price Investment Management, an estimated $45.3M sold.
Based on aggregated 13F filings for Q2 2024.