STOCK TITAN

Vanguard holds 7.72M LendingClub shares (NYSE: LC) — 6.69% stake

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

LendingClub Corp ownership filing: Vanguard Portfolio Management reports beneficial ownership of 7,716,293 shares of Common Stock, representing 6.69% of the class as of 03/31/2026. The filing shows sole voting power for 82,426 shares and sole dispositive power over 7,716,293 shares; holdings are reported on behalf of Vanguard funds and managed accounts.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 7,716,293 shares Amount beneficially owned reported in Item 4(a)
Percent of class 6.69% Percent of class reported in Item 4(b) as of 03/31/2026
Sole voting power 82,426 shares Sole power to vote reported in Item 4(c)(i)
Form type Schedule 13G Filing type disclosed at top of document
Reporting date 03/31/2026 Securities beneficial ownership date shown at top of filing
Schedule 13G regulatory
"Name of form: SCHEDULE 13G (ownership disclosure)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 7716293 (Item 4(a))"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 7716293"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
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52603A208

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026

FAQ

What stake does Vanguard report in LendingClub (LC)?

Vanguard Portfolio Management reports beneficial ownership of 7,716,293 shares, equal to 6.69% of LendingClub's common stock as of 03/31/2026. The position is held across Vanguard funds and managed accounts under Vanguard Portfolio Management LLC.

Does Vanguard have voting control over its LendingClub shares?

Vanguard reports sole voting power for 82,426 shares and sole dispositive power for 7,716,293 shares. Shared voting and dispositive powers are reported as 0 in this filing.

Is the Vanguard position reported on behalf of others?

Yes. The filing states the shares are reported on behalf of Vanguard funds and managed accounts, with dispositive power exercised by Vanguard Portfolio Management LLC and affiliates such as Vanguard Fiduciary Trust Company.

What date and form records Vanguard's LendingClub holdings?

The holdings are disclosed on a Schedule 13G covering securities as of 03/31/2026, and the filing is signed on 04/29/2026 by Ashley Grim, Head of Global Fund Administration.