Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Lendingclub Issuance Tr Ser (LC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -11
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — LC

Based on 247 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their LC 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
247 hedge funds hold LC 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 — +4% more funds vs a year ago

fund count last 6Q
+9 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 47% buying

129 buying148 selling
Last quarter: 148 funds reduced or exited vs 129 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 26 → 53 → 49 → 43. 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.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 23% medium ■ 20% new
140 out of 247 hedge funds have held LC 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 +7%, value -22%

Value
-22%
Shares
+7%
Last quarter: funds added +7% more shares while total portfolio value only changed -22%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

48 → 26 → 53 → 49 → 43 new funds/Q
New funds entering each quarter: 26 → 53 → 49 → 43. A growing number of institutions are discovering LC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 12% 1-2yr ■ 22% new
Of 259 current holders: 170 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
49 of 247 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in LC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
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 — LC

In 2026 Q1, 129 hedge funds were net buyers of LC (43 opened a new position, 86 added to an existing one), while 148 reduced or exited (94 trimmed, 54 sold completely) — a 47% buyer ratio, indicating roughly balanced activity. 43% of total institutional value in LC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -11 funds (more exits than new entries). Total institutional holders: 247.

Hedge Fund Ownership: LC

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

Market Analysis: LC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LC

-- --

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

Is It Too Late to Buy Lendingclub Issuance Tr Ser (LC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LC has moved relative to its sector benchmark (XLF) 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 · 79d ago
LC
+31.4%
XLF
+1232.4%

LC outperformed XLF by -1201.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
LC
+20.7%
XLF
+5.8%

Since the filing became public, LC outperformed XLF by +14.9% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 1 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: LC
246 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 246 258 -4.65%
13F Shares 104M 97M 7.04%
Total Value $1.43B $1.84B -21.98%
New Positions 42 49 -7
Increased Positions 80 86 -6
Closed Positions 54 32 +22
Reduced Positions 93 83 +10
Total Calls 9 9 -
Total Puts 6 8 -25.0%
PUT/CALL Ratio 0.67 0.89 Bullish

Statistics: LC

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

246 + investors

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

QUARTER:
Top 25 LC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Harspring Capital Management, LLC 5.27% 700,000 $10.0M
2 Cander Asset Management LP 2.24% 871,811 $12.5M
3 Senvest Management, LLC 2.16% 4,546,812 $65.1M
4 Cramer Rosenthal Mcglynn LLC 1.74% 1,656,095 $23.7M
5 Long Focus Capital Management, LLC 0.73% 1,936,000 $27.7M
6 Creek Drive Management Group LLC 0.70% 216,000 $3.1M
7 Emerald Mutual Fund Advisers Trust 0.49% 700,631 $10.0M
8 Pvg Asset Management Corp 0.46% 42,137 $777K
9 Emerald Advisers, LLC 0.42% 927,596 $13.3M
10 Wakefield Asset Management LLLP 0.29% 75,491 $1.1M
11 Nicholas Investment Partners, LP 0.28% 266,485 $3.8M
12 Ursa Fund Management, LLC 0.27% 20,000 $286K
13 Dana Investment Advisors, Inc. 0.24% 552,000 $7.9M
14 Driehaus Capital Management LLC 0.21% 2,009,676 $28.8M
15 Fuller & Thaler Asset Management, INC. 0.16% 3,420,115 $49.0M
16 Scientech Research LLC 0.15% 12,346 $177K
17 Round Rock Advisors LLC 0.14% 65,554 $939K
18 Precision Wealth Strategies, LLC 0.13% 28,405 $407K
19 Landscape Capital Management, L.L.C. 0.13% 140,167 $2.0M
20 Westfield Capital Management Co LP 0.13% 2,117,543 $30.3M
21 Bridgefront Capital, LLC 0.12% 33,440 $479K
22 Interval Partners, LP 0.12% 311,389 $4.5M
23 Quinn Opportunity Partners LLC 0.12% 156,390 $2.2M
24 Counterpoint Mutual Funds LLC 0.09% 39,698 $568K
25 Dark Forest Capital Management LP 0.08% 65,557 $939K
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 — Lendingclub Issuance Tr Ser (LC)

What does the Smart Money Trend signal show for LC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their LC 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 LC?

More sellers than buyers — 47% buying: Last quarter: 148 funds reduced or exited vs 129 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for LC holders?

Elite ownership — 43% AUM from top-100 funds: 49 of 247 holders are among the 100 largest funds by AUM, controlling 43% of total institutional value in LC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LC?

57% of holders stayed for 2+ years: 140 out of 247 hedge funds have held LC 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 Lendingclub Issuance Tr Ser (LC) following the 2026 Q1 hedge fund 13F filings?

As of today, LC has moved +20.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of +14.9%. Since the quarter end (March 31, 2026), LC has gained +31.4% vs +1232.4% for XLF. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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