LegalZoom.com
184 hedge funds and large institutions have $871M invested in LegalZoom.com in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 63 increasing their positions, 49 reducing their positions, and 36 closing their positions.
59% more call options, than puts
Call options by funds: $5.66M | Put options by funds: $3.55M
29% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 49
14% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 36
2% more funds holding
Funds holding: 181 → 184 (+3)
1.05% more ownership
Funds ownership: 77% → 78.05% (+1.1%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
28% less capital invested
Capital invested by funds: $1.21B → $871M (-$343M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$8.33M |
| 2 |
Renaissance Technologies
New York
|
+$5.29M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$4.26M |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$3.21M |
| 5 |
Morgan Stanley
New York
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$46.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.9M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$5.71M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.67M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.48M |
LZ Hedge Fund Activity: Q3 2024 in Review
184 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q3 2024, worth a combined $871M — down 28% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new LZ positions and 36 closed out — a net gain of 5 holders — while 63 added to existing stakes and 49 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $8.33M. The largest seller was Westwood Holdings Group, exiting entirely with an estimated $46.8M sold.
- 184 institutional investors held LegalZoom.com (LZ) as of Q3 2024, up from 181 in Q2 2024.
- Funds reported $871M of LegalZoom.com stock for Q3 2024, down 28% quarter-over-quarter.
- 41 funds opened new LegalZoom.com positions in Q3 2024 and 36 closed out, a net change of +5 holders.
- The largest LegalZoom.com buyer in Q3 2024 was T. Rowe Price Investment Management, an estimated $8.33M added.
- The largest LegalZoom.com seller in Q3 2024 was Westwood Holdings Group, an estimated $46.8M sold.
Based on aggregated 13F filings for Q3 2024.