Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cs Disco Inc (LAW)

118 + 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
↓ -5
Streak
1Q ▼
Buyers last Q
55%

Smart Money Signals — LAW

Based on 119 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their LAW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
119 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.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

66 buying54 selling
Last quarter: 66 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.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 21 → 26 → 17. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

47% of holders stayed for 2+ years

47% conviction (2yr+) 29% medium 24% new
56 out of 119 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.
➡️

Steady discovery — ~17 new funds/quarter

21 → 22 → 21 → 26 → 17 new funds/Q
New funds entering each quarter: 22 → 21 → 26 → 17. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 25% newcomers

59% veterans 16% 1-2yr 25% new
Entry-cohort mix of 122 holders: 72 (59%) are 2+ year veterans, 20 entered 1–2 years ago, and 30 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
37 of 119 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 Q2, 66 hedge funds were net buyers of LAW (17 opened a new position, 49 added to an existing one), while 54 reduced or exited (32 trimmed, 22 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 25% of total institutional value in LAW is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 119.

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

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

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 1 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: LAW
118 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 118 124 -4.84%
13F Shares 35M 38M -5.67%
Total Value $131M $142M -7.86%
New Positions 17 26 -9
Increased Positions 48 50 -2
Closed Positions 23 24 -1
Reduced Positions 31 28 +3
Total Calls 1 1 -
Total Puts 2 3 -33.33%
PUT/CALL Ratio 2.0 3.0 Bearish

Statistics: LAW

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Institutional Holders (2026 Q2)

118 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Stephens Group, LLC 14.28% 7,796,632 $29.5M
2 Deer Management Co. LLC 4.03% 8,652,826 $32.7M
3 Topline Capital Management, LLC 1.44% 1,466,665 $5.5M
4 Formula Growth Ltd 1.06% 800,000 $3.0M
5 Solel Partners LP 0.76% 1,187,945 $4.5M
6 Lavelle Capital LP 0.22% 135,136 $511K
7 Lakewood Capital Management, LP 0.22% 1,106,531 $4.2M
8 nVerses Capital, LLC 0.09% 14,649 $55K
9 Matthew Goff Investment Advisor, LLC 0.07% 107,019 $405K
10 Pension & Wealth Management Advisors, INC. 0.06% 11,060 $70K
11 Williams & Novak Wealth Management, LLC 0.05% 21,925 $83K
12 Bridgeway Capital Management, LLC 0.02% 283,252 $1.1M
13 Prelude Capital Management, LLC 0.01% 35,733 $135K
14 Abel Hall, LLC 0.01% 14,230 $54K
15 Jacobs Levy Equity Management, Inc 0.01% 652,578 $2.5M
16 Moneta Group Investment Advisors LLC 0.01% 203,886 $771K
17 Susquehanna Fundamental Investments, LLC 0.00% 66,937 $253K
18 Occudo Quantitative Strategies LP 0.00% 13,369 $51K
19 Chapman Financial Group, LLC 0.00% 1,000 $4K
20 Algert Global LLC 0.00% 28,120 $106K
21 Aqr Capital Management LLC 0.00% 901,256 $3.4M
22 Strs Ohio 0.00% 81,700 $309K
23 Connor, Clark & Lunn Investment Management Ltd. 0.00% 148,496 $561K
24 Graham Capital Management, L.P. 0.00% 13,746 $52K
25 Ieq Capital, LLC 0.00% 53,490 $202K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their LAW positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for LAW?

Slight buying edge — 55% buying: Last quarter: 66 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?

Strong quality — 25% AUM from major funds: 37 of 119 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held LAW?

47% of holders stayed for 2+ years: 56 out of 119 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.

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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