LegalZoom.com
237 hedge funds and large institutions have $1.67B invested in LegalZoom.com in 2025 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 94 increasing their positions, 74 reducing their positions, and 36 closing their positions.
197% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $6.25M
27% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 74
17% more capital invested
Capital invested by funds: $1.43B → $1.67B (+$240M)
17% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 36
2% more funds holding
Funds holding: 233 → 237 (+4)
0.71% more ownership
Funds ownership: 88.34% → 89.05% (+0.71%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$26M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.7M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$20M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$17.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$20.8M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$13.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$8.02M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.16M |
| 5 |
HCA
Harbor Capital Advisors
Chicago,
Illinois
|
-$5.87M |
LZ Hedge Fund Activity: Q3 2025 in Review
237 of the 7,641 institutional investors tracked by Wall St. Rank reported a position in LegalZoom.com (LZ) for Q3 2025, worth a combined $1.67B — up 17% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LZ positions and 36 closed out — a net gain of 6 holders — while 94 added to existing stakes and 74 trimmed.
The largest buyer was Jane Street, adding an estimated $26M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $20.8M.
- 237 institutional investors held LegalZoom.com (LZ) as of Q3 2025, up from 233 in Q2 2025.
- Funds reported $1.67B of LegalZoom.com stock for Q3 2025, up 17% quarter-over-quarter.
- 42 funds opened new LegalZoom.com positions in Q3 2025 and 36 closed out, a net change of +6 holders.
- The largest LegalZoom.com buyer in Q3 2025 was Jane Street, an estimated $26M added.
- The largest LegalZoom.com seller in Q3 2025 was Hawk Ridge Capital Management, an estimated $20.8M sold.
Based on aggregated 13F filings for Q3 2025.