LegalZoom.com
225 hedge funds and large institutions have $1.29B invested in LegalZoom.com in 2025 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 76 increasing their positions, 62 reducing their positions, and 27 closing their positions.
120% more call options, than puts
Call options by funds: $5.33M | Put options by funds: $2.43M
81% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 27
23% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 62
20% more capital invested
Capital invested by funds: $1.07B → $1.29B (+$213M)
10% more funds holding
Funds holding: 205 → 225 (+20)
2.16% more ownership
Funds ownership: 82.8% → 84.95% (+2.2%)
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$29.7M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$11.3M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$9.83M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$8.84M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$29.4M |
| 2 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
-$17.1M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$7.48M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$5.5M |
| 5 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$4.1M |
LZ Hedge Fund Activity: Q1 2025 in Review
225 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q1 2025, worth a combined $1.29B — up 20% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new LZ positions and 27 closed out — a net gain of 22 holders — while 76 added to existing stakes and 62 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $29.7M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $29.4M.
- 225 institutional investors held LegalZoom.com (LZ) as of Q1 2025, up from 205 in Q4 2024.
- Funds reported $1.29B of LegalZoom.com stock for Q1 2025, up 20% quarter-over-quarter.
- 49 funds opened new LegalZoom.com positions in Q1 2025 and 27 closed out, a net change of +22 holders.
- The largest LegalZoom.com buyer in Q1 2025 was Arrowstreet Capital, an estimated $29.7M added.
- The largest LegalZoom.com seller in Q1 2025 was Hawk Ridge Capital Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2025.