Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Open Lending Corp (LPRO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
52%

Smart Money Signals — LPRO

Based on 139 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added LPRO 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.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
139 funds currently hold this stock — 90% of the 3.0-year high of 154 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
8 fewer hedge funds hold LPRO compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 52% buying

66 buying62 selling
Last quarter: 66 funds bought or added vs 62 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 — ~19 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 34 → 16 → 15 → 19. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 28% medium ■ 14% new
81 out of 139 hedge funds have held LPRO 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 -18%

Value
-17%
Shares
0%
Last quarter: funds added -1% more shares while total portfolio value only changed -18%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

31 → 34 → 16 → 15 → 19 new funds/Q
New funds entering each quarter: 34 → 16 → 15 → 19. LPRO is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 68% veterans vs 24% newcomers

■ 68% veterans ■ 9% 1-2yr ■ 24% new
Entry-cohort mix of 140 holders: 95 (68%) are 2+ year veterans, 12 entered 1–2 years ago, and 33 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
34 of 139 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — LPRO

In 2026 Q1, 66 hedge funds were net buyers of LPRO (19 opened a new position, 47 added to an existing one), while 62 reduced or exited (47 trimmed, 15 sold completely) — a 52% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 139.

Hedge Fund Ownership: LPRO

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

Market Analysis: LPRO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LPRO

-- --

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

Is It Too Late to Buy Open Lending Corp (LPRO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LPRO 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 · 77d ago
LPRO
+150.4%
XLF
+1220.3%

LPRO outperformed XLF by -1069.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
LPRO
+69.2%
XLF
+4.8%

Since the filing became public, LPRO outperformed XLF by +64.4% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 3 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: LPRO
138 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 138 135 2.22%
13F Shares 77M 77M -0.88%
Total Value $98M $120M -17.94%
New Positions 18 15 +3
Increased Positions 46 25 +21
Closed Positions 15 22 -7
Reduced Positions 47 63 -16
Total Calls 1 2 -50.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: LPRO

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

138 + investors

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

QUARTER:
Top 25 LPRO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 LB Partners LLC 6.05% 5,400,841 $6.8M
2 True Wind Capital Management, L.P. 4.71% 7,545,144 $9.4M
3 Palogic Value Management, L.P. 2.40% 4,543,612 $5.7M
4 Veradace Capital Management LLC 1.73% 1,558,213 $1.9M
5 Whetstone Capital Advisors, LLC 1.65% 3,799,105 $4.7M
6 Portolan Capital Management, LLC 0.46% 6,902,888 $8.6M
7 Ethos Financial Group, LLC 0.39% 3,464,754 $5.4M
8 Cetera Trust Company, N.A 0.13% 186,000 $232K
9 Wasatch Advisors LP 0.06% 7,054,107 $8.8M
10 R Squared Ltd 0.02% 35,905 $45K
11 Texas Capital Bank Wealth Management Services Inc 0.02% 255,168 $319K
12 Axxcess Wealth Management, LLC 0.01% 352,773 $441K
13 B & T Capital Management DBA Alpha Capital Management 0.01% 55,375 $69K
14 XTX Topco Ltd 0.01% 405,373 $507K
15 Alethea Capital Management, LLC 0.01% 12,000 $15K
16 Gilbert & Cook, Inc. 0.01% 46,396 $58K
17 Harrell Investment Partners, LLC 0.01% 22,404 $28K
18 Covenant Partners, LLC 0.00% 10,990 $17K
19 Austin Wealth Management, LLC 0.00% 15,550 $19K
20 Jacobs Levy Equity Management, Inc 0.00% 764,484 $956K
21 Bridgeway Capital Management, LLC 0.00% 144,700 $181K
22 Two Sigma Advisers, LP 0.00% 1,028,400 $1.6M
23 Essential Partners LLC 0.00% 5,100 $6K
24 Two Sigma Investments, LP 0.00% 1,666,139 $2.1M
25 Exchange Traded Concepts, LLC 0.00% 172,939 $216K
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 — Open Lending Corp (LPRO)

What does the Smart Money Trend signal show for LPRO?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added LPRO 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 LPRO?

Slight buying edge — 52% buying: Last quarter: 66 funds bought or added vs 62 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 LPRO holders?

Smaller funds dominant — 17% AUM from top-100: 34 of 139 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held LPRO?

58% of holders stayed for 2+ years: 81 out of 139 hedge funds have held LPRO 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 Open Lending Corp (LPRO) following the 2026 Q1 hedge fund 13F filings?

As of today, LPRO has moved +69.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of +64.4%. Since the quarter end (March 31, 2026), LPRO has gained +150.4% vs +1220.3% for XLF. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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.

Full history →