Who owns LegalZoom.com (LZ)
Which tracked institutional funds hold LZ, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LZ company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
63 tracked funds added or opened LZ while 38 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LZ’s largest tracked holder by dollar value, Francisco Partners Management, LP, sizes it at 48.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 48.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in LZ divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 226 tracked filers holding LZ, 117 increased or opened the position and 146 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LZ between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 13
- BALYASNY ASSET MANAGEMENT L.P.$3M
- CenterBook Partners LP$2M
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.$2M
- ExodusPoint Capital Management, LP$2M
- Brevan Howard Capital Management LP$2M
- ROYCE & ASSOCIATES LP$1M
Full exits 17
- Pacer Advisors, Inc.$28M
- ACADIAN ASSET MANAGEMENT LLC$12M
- Point72 Asset Management, L.P.$5M
- FIRST TRUST ADVISORS LP$3M
- Y-Intercept (Hong Kong) Ltd$3M
- HARBOR CAPITAL ADVISORS, INC.$2M
Largest adds
- Francisco Partners Management, LP$13M
- AMERIPRISE FINANCIAL INC$10M
- BlackRock, Inc.$9M
- CDC Financial, Inc.$8M
- Technology Crossover Management IX, Ltd.$8M
- AQR CAPITAL MANAGEMENT LLC$6M
Largest trims
- Boston Partners$12M
- Man Group plc$8M
- BANK OF AMERICA CORP /DE/$7M
- HAWK RIDGE CAPITAL MANAGEMENT LP$3M
- Nuveen, LLC$3M
- Ararat Capital Management LP$3M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Francisco Partners Management, LP | 28,625,744 | $175M | 18.4% | 2026-Q2 |
| BlackRock, Inc. added | 18,001,039 | $110M | 11.6% | 2026-Q2 |
| Technology Crossover Management IX, Ltd. | 16,396,313 | $101M | 10.5% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 10,815,236 | $66M | 6.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 6,469,283 | $40M | 4.2% | 2026-Q2 |
| STATE STREET CORP added | 4,552,468 | $28M | 2.9% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 3,945,493 | $24M | 2.5% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 3,035,774 | $19M | 1.9% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,034,948 | $19M | 1.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,984,516 | $18M | 1.9% | 2026-Q2 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. added | 2,850,501 | $17M | 1.8% | 2026-Q2 |
| Invenomic Capital Management LP trimmed | 2,676,821 | $16M | 1.7% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 2,627,665 | $16M | 1.7% | 2026-Q2 |
| MORGAN STANLEY added | 2,437,381 | $15M | 1.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 2,347,120 | $14M | 1.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 2,333,424 | $14M | 1.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 2,036,003 | $12M | 1.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 2,030,128 | $12M | 1.3% | 2026-Q2 |
| UBS Group AG added | 1,784,142 | $11M | 1.1% | 2026-Q2 |
| CDC Financial, Inc. added | 1,601,436 | $10M | 1.0% | 2026-Q2 |
| Boston Partners trimmed | 1,582,125 | $10M | 1.0% | 2026-Q2 |
| Ararat Capital Management LP trimmed | 1,569,055 | $10M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,306,970 | $8M | 0.8% | 2026-Q2 |
| Tabor Asset Management, LP added | 1,199,418 | $7M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,178,686 | $7M | 0.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,177,885 | $7M | 0.8% | 2026-Q2 |
| Coastal Bridge Advisors, LLC | 1,055,260 | $6M | 0.7% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,031,874 | $6M | 0.7% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 923,181 | $6M | 0.6% | 2026-Q2 |
| HILLMAN CO | 917,319 | $6M | 0.6% | 2026-Q2 |
| Trexquant Investment LP trimmed | 902,104 | $6M | 0.6% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 875,788 | $5M | 0.6% | 2026-Q2 |
| Hillsdale Investment Management Inc. added | 858,330 | $5M | 0.6% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 842,422 | $5M | 0.5% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 842,309 | $5M | 0.5% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 830,914 | $5M | 0.5% | 2026-Q2 |
| SEB Asset Management AB added | 796,368 | $5M | 0.5% | 2026-Q2 |
| NORGES BANK added | 755,300 | $5M | 0.5% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 735,903 | $5M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 710,762 | $4M | 0.5% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 637,490 | $4M | 0.4% | 2026-Q2 |
| Walleye Capital LLC added | 567,599 | $3M | 0.4% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI added | 547,466 | $3M | 0.4% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 541,917 | $3M | 0.3% | 2026-Q2 |
| Invesco Ltd. added | 509,792 | $3M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 499,414 | $3M | 0.3% | 2026-Q2 |
| Numerai GP LLC added | 449,655 | $3M | 0.3% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 444,948 | $3M | 0.3% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. added | 444,060 | $3M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 391,148 | $2M | 0.3% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 383,702 | $2M | 0.2% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 383,328 | $2M | 0.2% | 2026-Q2 |
| CenterBook Partners LP added | 342,217 | $2M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 299,422 | $2M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 297,956 | $2M | 0.2% | 2026-Q2 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. added | 292,293 | $2M | 0.2% | 2026-Q2 |
| ExodusPoint Capital Management, LP added | 289,791 | $2M | 0.2% | 2026-Q2 |
| MARSHALL WACE, LLP added | 281,657 | $2M | 0.2% | 2026-Q2 |
| Squarepoint Ops LLC added | 269,974 | $2M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 265,905 | $2M | 0.2% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 258,589 | $2M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 257,959 | $2M | 0.2% | 2026-Q2 |
| Empowered Funds, LLC trimmed | 250,360 | $2M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 247,412 | $2M | 0.2% | 2026-Q2 |
| Edgestream Partners, L.P. added | 243,144 | $1M | 0.2% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 229,320 | $1M | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 228,356 | $1M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 218,927 | $1M | 0.1% | 2026-Q2 |
| ROYCE & ASSOCIATES LP new | 215,729 | $1M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC new | 215,263 | $1M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 209,217 | $1M | 0.1% | 2026-Q2 |
| Swiss National Bank trimmed | 208,200 | $1M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 203,061 | $1M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 201,584 | $1M | 0.1% | 2026-Q2 |
| Mainstream Capital Management LLC trimmed | 200,000 | $1M | 0.1% | 2026-Q2 |
| VARCOV Co. added | 197,972 | $1M | 0.1% | 2026-Q2 |
| Avory & Company, LLC trimmed | 195,347 | $1M | 0.1% | 2026-Q2 |
| DARK FOREST CAPITAL MANAGEMENT LP added | 189,994 | $1M | 0.1% | 2026-Q2 |
| Man Group plc trimmed | 182,641 | $1M | 0.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 177,995 | $1M | 0.1% | 2026-Q2 |
| CreativeOne Wealth, LLC new | 175,359 | $1M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 161,501 | $991K | 0.1% | 2026-Q2 |
| Creative Planning added | 160,871 | $986K | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP trimmed | 152,953 | $938K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. | 148,520 | $842K | 0.1% | 2026-Q2 |
| Mariner, LLC added | 144,434 | $885K | 0.1% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 138,962 | $847K | 0.1% | 2026-Q2 |
| Clearline Capital LP added | 136,081 | $834K | 0.1% | 2026-Q2 |
| STRS OHIO added | 127,100 | $779K | 0.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 124,000 | $760K | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 123,800 | $759K | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 116,090 | $712K | 0.1% | 2026-Q2 |
| HAWK RIDGE CAPITAL MANAGEMENT LP trimmed | 115,729 | $709K | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp new | 115,541 | $708K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 113,004 | $693K | 0.1% | 2026-Q2 |
| Freestone Grove Partners LP trimmed | 110,962 | $680K | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 105,814 | $649K | 0.1% | 2026-Q2 |
| Campbell & CO Investment Adviser LLC added | 101,573 | $623K | 0.1% | 2026-Q2 |
| Kazazian Asset Management, LLC trimmed | 90,000 | $552K | 0.1% | 2026-Q2 |
| BARCLAYS PLC trimmed | 88,657 | $543K | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.