Bay Pond (LC) reports 5.88M shares; 5.11% stake disclosed (04/17/2026)
Rhea-AI Filing Summary
LendingClub Corporation reports a Schedule 13G filing showing Bay Pond Investors (Bermuda) L.P. beneficially owns 5,882,684 shares of Common Stock, representing 5.11% of the class as of 04/17/2026.
The filing lists shared voting and shared dispositive power over these shares and is signed by an authorized person for Wellington Alternative Investments LLC on 04/24/2026.
Positive
- None.
Negative
- None.
Insights
Bay Pond holds a modest institutional stake in LendingClub at just over 5%.
The Schedule 13G shows 5,882,684 shares and 5.11% ownership, reporting shared voting and dispositive power. This indicates an institutional passive ownership reporting threshold, not an active control change.
Monitor future filings for any shift to an active Schedule 13D or changes in voting power; timing in this excerpt is 04/17/2026.