Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cs Disco Inc (LAW)

122 + Investors. Track Smart Money conviction in LAW. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
4Q ▲
Buyers last Q
58%

Smart Money Signals — LAW

Based on 123 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added LAW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
123 hedge funds hold LAW right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+29% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 58% buying

74 buying54 selling
Last quarter: 74 funds bought or added vs 54 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~26 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 22 → 21 → 26. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

46% of holders stayed for 2+ years

46% conviction (2yr+) 28% medium 26% new
57 out of 123 hedge funds have held LAW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -1%, value -52%

Value
-52%
Shares
-1%
Last quarter: funds added -1% more shares while total portfolio value only changed -52%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~26 new funds/quarter

16 → 21 → 22 → 21 → 26 new funds/Q
New funds entering each quarter: 21 → 22 → 21 → 26. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 29% newcomers

61% veterans 10% 1-2yr 29% new
Entry-cohort mix of 125 holders: 76 (61%) are 2+ year veterans, 13 entered 1–2 years ago, and 36 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
32 of 121 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LAW

In 2026 Q1, 74 hedge funds were net buyers of LAW (26 opened a new position, 48 added to an existing one), while 54 reduced or exited (29 trimmed, 25 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 123.

Hedge Fund Ownership: LAW

How many hedge funds hold LAW — quarterly history vs. share price
Quarterly hedge fund ownership of LAW vs. share price

Market Analysis: LAW

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LAW

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cs Disco Inc (LAW) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LAW has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
LAW
-9.2%
XLK
nan%

LAW outperformed XLK by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
LAW
-9.4%
XLK
nan%

Since the filing became public, LAW outperformed XLK by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

16 top-rated funds 1 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: LAW
122 + Investors

Track Smart Money conviction in LAW. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 122 122 -
13F Shares 36M 36M -1.32%
Total Value $135M $282M -52.13%
New Positions 25 21 +4
Increased Positions 49 50 -1
Closed Positions 25 13 +12
Reduced Positions 28 32 -4
Total Calls 1 0 100%
Total Puts 3 0 100%
PUT/CALL Ratio 3.0 0.0 Bearish

Statistics: LAW

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

122 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LAW. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LAW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Stephens Group, LLC 17.37% 7,796,632 $29.8M
2 Deer Management Co. LLC 5.31% 8,652,826 $33.1M
3 Topline Capital Management, LLC 1.66% 2,623,114 $10.0M
4 Formula Growth Ltd 1.38% 800,000 $3.1M
5 Solel Partners LP 0.85% 1,044,444 $4.0M
6 Essex Investment Management Co LLC 0.33% 539,314 $2.1M
7 Lakewood Capital Management, LP 0.27% 1,106,531 $4.2M
8 Matthew Goff Investment Advisor, LLC 0.07% 107,019 $409K
9 Williams & Novak, LLC 0.06% 21,858 $83K
10 ArrowMark Colorado Holdings LLC 0.06% 596,976 $2.3M
11 Legato Capital Management LLC 0.06% 168,921 $645K
12 Bridgeway Capital Management, LLC 0.02% 258,652 $988K
13 Susquehanna Fundamental Investments, LLC 0.01% 91,493 $350K
14 Abel Hall, LLC 0.01% 14,906 $57K
15 Prelude Capital Management, LLC 0.01% 34,953 $134K
16 Jacobs Levy Equity Management, Inc 0.01% 410,894 $1.6M
17 XTX Topco Ltd 0.01% 92,409 $353K
18 Moneta Group Investment Advisors LLC 0.01% 203,886 $779K
19 Occudo Quantitative Strategies LP 0.00% 13,369 $58K
20 Chapman Financial Group, LLC 0.00% 1,000 $4K
21 Boothbay Fund Management, LLC 0.00% 33,699 $129K
22 Connor, Clark & Lunn Investment Management Ltd. 0.00% 137,764 $526K
23 Aqr Capital Management LLC 0.00% 623,061 $2.4M
24 Strs Ohio 0.00% 66,900 $256K
25 Two Sigma Advisers, LP 0.00% 66,400 $515K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cs Disco Inc (LAW)

What does the Smart Money Trend signal show for LAW?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added LAW than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LAW?

Slight buying edge — 58% buying: Last quarter: 74 funds bought or added vs 54 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for LAW holders?

Smaller funds dominant — 14% AUM from top-100: 32 of 121 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held LAW?

46% of holders stayed for 2+ years: 57 out of 123 hedge funds have held LAW for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cs Disco Inc (LAW) following the 2026 Q1 hedge fund 13F filings?

As of today, LAW has moved -9.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLK sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), LAW has gained -9.2% vs nan% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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