LendingClub (LC)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.05 bn	1.05 bn	1.05 bn	1.05 bn	1.05 bn	1.05 bn
Cash burn (monthly)	(no burn)	25.00 mm	(no burn)	(no burn)	223.28 mm	271.97 mm
Cash used (since last report)	n/a	69.79 mm	n/a	n/a	623.37 mm	759.31 mm
Cash remaining	n/a	980.48 mm	n/a	n/a	426.91 mm	290.97 mm
Runway (months of cash)	n/a	39.2	n/a	n/a	1.9	1.1

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Financial data from LendingClub earnings reports.

Institutional ownership, Q2 2024

LC institutional ownership history Ownership history

76.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	198	154	+28.6%
Opened positions	62	46	+34.8%
Closed positions	18	29	-37.9%
Increased positions	62	33	+87.9%
Reduced positions	37	44	-15.9%

13F shares	Current	Prev Q	Change
Total value	693.40 bn	626.33 bn	+10.7%
Total shares	83.74 mm	73.96 mm	+13.2%
Total puts	267.80 k	156.10 k	+71.6%
Total calls	390.43 k	502.80 k	-22.3%
Total put/call ratio	0.7	0.3	+120.9%

Largest owners	Shares	Value	Change
Vanguard	11.97 mm	$101.30 bn	+4.6%
BLK BlackRock	8.45 mm	$71.49 bn	+1.8%
Dimensional Fund Advisors	5.90 mm	$49.90 bn	+5.4%
Jackson Square Partners	5.08 mm	$42.97 bn	-26.6%
STT State Street	3.81 mm	$32.27 bn	+7.6%
Long Focus Capital Management	3.41 mm	$28.89 bn	0.0%
rhino investment partners	3.13 mm	$26.47 bn	+31.1%
Geode Capital Management	2.52 mm	$21.30 bn	+4.6%
Senvest Management	1.90 mm	$16.09 bn	NEW
Citadel Advisors	1.79 mm	$15.10 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Wellington Management	689.85 k	-2.14 mm	-75.7%
Senvest Management	1.90 mm	+1.90 mm	NEW
Jackson Square Partners	5.08 mm	-1.85 mm	-26.6%
Citadel Advisors	1.79 mm	+1.79 mm	NEW
Verition Fund Management	0.00	-1.30 mm	EXIT
Jacobs Levy Equity Management	1.28 mm	+1.28 mm	NEW
SEIC SEI Investments	378.82 k	-1.10 mm	-74.3%
Charles Schwab Investment Management	891.26 k	+891.26 k	NEW
D. E. Shaw & Co.	837.18 k	+837.18 k	NEW
Millennium Management	810.37 k	+810.37 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Dec 24	Scott Sanborn	Common Stock	Sell	Dispose S	No	Yes	15.8363	17,000	269.22 k	1,329,184
25 Nov 24	Annie Armstrong	Common Stock	Payment of exercise	Dispose F	No	No	16.73	11,231	187.89 k	360,805
25 Nov 24	Annie Armstrong	Common Stock	Option exercise	Acquire M	No	No	0	8,864	0.00	372,036
25 Nov 24	Annie Armstrong	Common Stock	Option exercise	Acquire M	No	No	0	7,749	0.00	363,172
25 Nov 24	Annie Armstrong	Common Stock	Option exercise	Acquire M	No	No	0	4,279	0.00	355,423
25 Nov 24	Annie Armstrong	RSU Common Stock	Option exercise	Dispose M	No	No	0	8,864	0.00	79,782
25 Nov 24	Annie Armstrong	RSU Common Stock	Option exercise	Dispose M	No	No	0	7,749	0.00	38,745
25 Nov 24	Annie Armstrong	RSU Common Stock	Option exercise	Dispose M	No	No	0	4,279	0.00	4,280
25 Nov 24	Fergal Stack	Common Stock	Payment of exercise	Dispose F	No	No	16.73	4,737	79.25 k	229,551
25 Nov 24	Fergal Stack	Common Stock	Option exercise	Acquire M	No	No	0	3,117	0.00	234,288