Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in LZ held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Francisco Partners Management, LP | 28.6M | $162.3M | 0.0% | 16.677% | 55.63% |
| 2 | BlackRock, Inc. | 17.9M | $101.7M | +56.9% | 10.448% | 0.00% |
| 3 | Technology Crossover Management IX, Ltd. | 16.4M | $93.0M | 0.0% | 9.552% | 12.36% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 11.3M | $64.1M | — | 6.584% | 0.00% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 6.9M | $39.4M | — | 4.044% | 0.00% |
| 6 | STATE STREET CORP | 4.4M | $25.1M | +66.2% | 2.575% | 0.00% |
| 7 | RENAISSANCE TECHNOLOGIES LLC | 4.0M | $22.8M | -20.5% | 2.338% | 0.04% |
| 8 | Boston Partners | 3.9M | $22.2M | +7.7% | 2.274% | 0.02% |
| 9 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 3.5M | $20.0M | -19.4% | 2.059% | 0.01% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 3.1M | $17.7M | +3.0% | 1.813% | 0.00% |
| 11 | Invenomic Capital Management LP | 2.9M | $16.6M | +84.3% | 1.704% | 0.77% |
| 12 | GEODE CAPITAL MANAGEMENT, LLC | 2.9M | $16.4M | -3.5% | 1.688% | 0.00% |
| 13 | GOLDMAN SACHS GROUP INC | 2.8M | $16.0M | -24.3% | 1.645% | 0.00% |
| 14 | PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 2.7M | $15.2M | +2.4% | 1.567% | 0.88% |
| 15 | FRANKLIN RESOURCES INC | 2.5M | $14.2M | -8.8% | 1.463% | 0.00% |
| 16 | BANK OF AMERICA CORP /DE/ | 2.5M | $14.2M | +187.4% | 1.462% | 0.00% |
| 17 | Ararat Capital Management, LP | 2.2M | $12.4M | +17.0% | 1.278% | 7.00% |
| 18 | MORGAN STANLEY | 2.2M | $12.2M | -20.5% | 1.258% | 0.00% |
| 19 | Man Group plc | 1.6M | $9.2M | +39.8% | 0.942% | 0.02% |
| 20 | AQR CAPITAL MANAGEMENT LLC | 1.5M | $8.8M | -40.1% | 0.902% | 0.00% |
| 21 | UBS Group AG | 1.4M | $8.1M | +131.5% | 0.827% | 0.00% |
| 22 | Trexquant Investment LP | 1.3M | $7.6M | +141.1% | 0.777% | 0.07% |
| 23 | NORTHERN TRUST CORP | 1.2M | $6.8M | +10.1% | 0.696% | 0.00% |
| 24 | Coastal Bridge Advisors, LLC | 1.1M | $6.0M | 0.0% | 0.615% | 0.42% |
| 25 | VICTORY CAPITAL MANAGEMENT INC | 1.0M | $5.8M | +84.9% | 0.595% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in LZ — a direct measure of their conviction.
Filings activity in LZ during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 234 | +1.7% | 88.95% | 61.33 pp | $902M | 41% |
| Q4 2025 | 230 | 0.4% | 150.28% | 8.34 pp | $1.52B | 5.3% |
| Q3 2025 | 231 | +0.9% | 158.62% | +22.92 pp | $1.61B | +17% |
| Q2 2025 | 229 | +3.6% | 135.70% | +12.82 pp | $1.38B | +10% |
| Q1 2025 | 221 | +8.9% | 122.88% | +17.99 pp | $1.25B | +17% |
| Q4 2024 | 203 | +11% | 104.89% | +20.35 pp | $1.06B | +24% |
| Q3 2024 | 183 | +2.2% | 84.54% | 34.49 pp | $858M | 29% |
| Q2 2024 | 179 | — | 119.03% | — | $1.21B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Latest Form 4 transactions by company officers and directors. Insider buys are widely viewed as the highest-conviction signal because executives are risking personal capital.
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| May 11, 2026 | Stibel Jeffrey M | Buy | 125K | $6.15 | $769K |
Quick answers to the most common questions about buying LZ stock.
Based on Q1 2026 13F filings, institutional ownership of LegalZoom.com, Inc. stands at 88.9%, held across 234 reporting institutions.
Francisco Partners Management, LP is the largest reported institutional holder of LZ, with approximately 28,625,744 shares worth $0.16B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of LZ, including RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for LZ is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
65 institutions opened new positions in LZ during Q1 2026, while 61 fully exited. 39 added to existing positions and 128 trimmed.
LZ institutional ownership fell by 61.33 percentage points quarter-over-quarter, with a net change of +4 holders.
The top 10 institutions account for 63.0% of all reported 13F value in LZ, and the top 25 account for 81.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
LegalZoom.com, Inc. (LZ) Institutional Ownership