LegalZoom.com
233 hedge funds and large institutions have $1.43B invested in LegalZoom.com in 2025 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 91 increasing their positions, 69 reducing their positions, and 39 closing their positions.
636% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $1.39M
32% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 69
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
23% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 39
11% more capital invested
Capital invested by funds: $1.29B → $1.43B (+$138M)
4% more funds holding
Funds holding: 225 → 233 (+8)
3.39% more ownership
Funds ownership: 84.95% → 88.34% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.6M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$9.69M |
| 3 |
Renaissance Technologies
New York
|
+$8.53M |
| 4 |
Lazard Asset Management
New York
|
+$7.73M |
| 5 |
ACM
Ararat Capital Management
Westport,
Connecticut
|
+$6.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10.8M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$9.07M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$8.95M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.3M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.28M |
LZ Hedge Fund Activity: Q2 2025 in Review
233 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q2 2025, worth a combined $1.43B — up 11% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new LZ positions and 39 closed out — a net gain of 9 holders — while 91 added to existing stakes and 69 trimmed.
The largest buyer was BlackRock, adding an estimated $14.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $10.8M sold.
- 233 institutional investors held LegalZoom.com (LZ) as of Q2 2025, up from 225 in Q1 2025.
- Funds reported $1.43B of LegalZoom.com stock for Q2 2025, up 11% quarter-over-quarter.
- 48 funds opened new LegalZoom.com positions in Q2 2025 and 39 closed out, a net change of +9 holders.
- The largest LegalZoom.com buyer in Q2 2025 was BlackRock, an estimated $14.6M added.
- The largest LegalZoom.com seller in Q2 2025 was Driehaus Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2025.