Who owns LRN (LRN)
Which tracked institutional funds hold LRN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See LRN company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
178 tracked funds added or opened LRN while 79 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
LRN’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes LRN more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in LRN divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 420 tracked filers holding LRN, 246 increased or opened the position and 219 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in LRN between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 43
- VANGUARD PORTFOLIO MANAGEMENT LLC$203M
- VANGUARD CAPITAL MANAGEMENT LLC$161M
- Impactive Capital LP$98M
- FULLER & THALER ASSET MANAGEMENT, INC.$63M
- BANK OF NOVA SCOTIA$31M
- FRED ALGER MANAGEMENT, LLC$29M
Full exits 39
- VANGUARD GROUP INC$292M
- Ophir Asset Management Pty Ltd$35M
- Nearwater Capital Markets, Ltd$32M
- TWO SIGMA ADVISERS, LP$24M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$24M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$17M
Largest adds
- FRONTIER CAPITAL MANAGEMENT CO LLC$126M
- Voss Capital, LP$66M
- DIMENSIONAL FUND ADVISORS LP$47M
- FMR LLC$45M
- PRINCIPAL FINANCIAL GROUP INC$43M
- Khrom Capital Management LLC$43M
Largest trims
- TWO SIGMA INVESTMENTS, LP$47M
- MILLENNIUM MANAGEMENT LLC$38M
- JANUS HENDERSON GROUP PLC$37M
- SG Americas Securities, LLC$35M
- BARCLAYS PLC$34M
- BlackRock, Inc.$29M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 4,485,661 | $396M | 8.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,306,152 | $203M | 4.4% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,829,897 | $161M | 3.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 1,750,646 | $154M | 3.3% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,610,166 | $142M | 3.1% | 2026-Q1 |
| FRONTIER CAPITAL MANAGEMENT CO LLC added | 1,549,291 | $137M | 2.9% | 2026-Q1 |
| Impactive Capital LP new | 1,113,367 | $98M | 2.1% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,113,120 | $98M | 2.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 1,041,386 | $92M | 2.0% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,034,047 | $91M | 2.0% | 2026-Q1 |
| Swedbank AB | 972,874 | $86M | 1.8% | 2026-Q1 |
| Voss Capital, LP added | 850,000 | $75M | 1.6% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 765,006 | $67M | 1.4% | 2026-Q1 |
| FMR LLC added | 751,543 | $66M | 1.4% | 2026-Q1 |
| Khrom Capital Management LLC added | 750,166 | $66M | 1.4% | 2026-Q1 |
| NORGES BANK trimmed | 512,784 | $65M | 1.4% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 716,340 | $63M | 1.4% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 656,219 | $58M | 1.2% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 645,862 | $57M | 1.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 641,968 | $57M | 1.2% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC trimmed | 624,232 | $55M | 1.2% | 2026-Q1 |
| UBS Group AG added | 596,187 | $53M | 1.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 594,168 | $52M | 1.1% | 2026-Q1 |
| BREACH INLET CAPITAL MANAGEMENT, LLC added | 550,511 | $49M | 1.0% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 541,797 | $48M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP added | 467,478 | $41M | 0.9% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC added | 438,440 | $39M | 0.8% | 2026-Q1 |
| Fiera Capital Corp added | 418,766 | $37M | 0.8% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 403,586 | $36M | 0.8% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 396,487 | $35M | 0.8% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 355,038 | $31M | 0.7% | 2026-Q1 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ trimmed | 354,968 | $31M | 0.7% | 2026-Q1 |
| BANK OF NOVA SCOTIA new | 350,000 | $31M | 0.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 357,890 | $30M | 0.6% | 2026-Q1 |
| SYSTEMATIC FINANCIAL MANAGEMENT LP trimmed | 327,565 | $29M | 0.6% | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC new | 325,825 | $29M | 0.6% | 2026-Q1 |
| Divisadero Street Capital Management, LP trimmed | 308,500 | $27M | 0.6% | 2026-Q1 |
| Simcoe Capital Management, LLC added | 302,310 | $27M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 291,428 | $26M | 0.6% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 291,169 | $26M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 268,991 | $24M | 0.5% | 2026-Q1 |
| CAT ROCK CAPITAL MANAGEMENT LP added | 261,625 | $23M | 0.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 256,957 | $23M | 0.5% | 2026-Q1 |
| GW&K Investment Management, LLC added | 250,728 | $22M | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 243,323 | $21M | 0.5% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 227,517 | $20M | 0.4% | 2026-Q1 |
| Nuveen, LLC trimmed | 223,822 | $20M | 0.4% | 2026-Q1 |
| Tidal Investments LLC trimmed | 216,641 | $19M | 0.4% | 2026-Q1 |
| Praetorian PR LLC added | 200,000 | $18M | 0.4% | 2026-Q1 |
| LPL Financial LLC added | 189,771 | $17M | 0.4% | 2026-Q1 |
| Pacer Advisors, Inc. trimmed | 204,127 | $16M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 180,510 | $16M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board trimmed | 175,749 | $15M | 0.3% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 161,917 | $14M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 151,222 | $13M | 0.3% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 150,920 | $13M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 146,800 | $13M | 0.3% | 2026-Q1 |
| Montanaro Asset Management Ltd added | 125,300 | $11M | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 120,738 | $11M | 0.2% | 2026-Q1 |
| BARCLAYS PLC trimmed | 120,300 | $11M | 0.2% | 2026-Q1 |
| ROYCE & ASSOCIATES LP added | 119,747 | $11M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 118,241 | $10M | 0.2% | 2026-Q1 |
| Cerity Partners LLC trimmed | 115,703 | $10M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 107,494 | $9M | 0.2% | 2026-Q1 |
| Granite Investment Partners, LLC new | 106,800 | $9M | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 105,200 | $9M | 0.2% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 4,494,023 | $292M | 6.3% | 2025-Q4 stale |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 1,511,080 | $225M | 4.8% | 2025-Q3 stale |
| Clark Capital Management Group, Inc. added | 443,607 | $66M | 1.4% | 2025-Q3 stale |
| Driehaus Capital Management LLC trimmed | 388,326 | $58M | 1.2% | 2025-Q3 stale |
| LORD, ABBETT & CO. LLC trimmed | 379,355 | $57M | 1.2% | 2025-Q3 stale |
| LOOMIS SAYLES & CO L P added | 306,980 | $46M | 1.0% | 2025-Q3 stale |
| SG Capital Management LLC added | 280,492 | $42M | 0.9% | 2025-Q3 stale |
| Ophir Asset Management Pty Ltd added | 537,915 | $35M | 0.8% | 2025-Q4 stale |
| NOMURA HOLDINGS INC added | 229,711 | $34M | 0.7% | 2025-Q3 stale |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 218,789 | $33M | 0.7% | 2025-Q3 stale |
| Nearwater Capital Markets, Ltd new | 488,000 | $32M | 0.7% | 2025-Q4 stale |
| RENAISSANCE TECHNOLOGIES LLC added | 194,700 | $29M | 0.6% | 2025-Q3 stale |
| OBERWEIS ASSET MANAGEMENT INC/ | 181,800 | $27M | 0.6% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 369,688 | $24M | 0.5% | 2025-Q4 stale |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 367,100 | $24M | 0.5% | 2025-Q4 stale |
| KADENSA CAPITAL Ltd trimmed | 157,101 | $23M | 0.5% | 2025-Q3 stale |
| Anatole Investment Management Ltd added | 146,023 | $21M | 0.5% | 2025-Q2 stale |
| Aberdeen Group plc trimmed | 133,763 | $20M | 0.4% | 2025-Q3 stale |
| WESTFIELD CAPITAL MANAGEMENT CO LP new | 126,656 | $18M | 0.4% | 2025-Q2 stale |
| HENNESSY ADVISORS INC trimmed | 144,000 | $18M | 0.4% | 2025-Q1 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 262,826 | $17M | 0.4% | 2025-Q4 stale |
| COOKSON PEIRCE & CO INC trimmed | 94,756 | $14M | 0.3% | 2025-Q3 stale |
| M&G PLC new | 215,483 | $14M | 0.3% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL added | 204,982 | $13M | 0.3% | 2025-Q4 stale |
| MACQUARIE GROUP LTD added | 88,683 | $13M | 0.3% | 2025-Q3 stale |
| Shannon River Fund Management LLC new | 82,928 | $12M | 0.3% | 2025-Q3 stale |
| Qube Research & Technologies Ltd added | 185,287 | $12M | 0.3% | 2025-Q4 stale |
| KENNEDY CAPITAL MANAGEMENT LLC added | 177,195 | $12M | 0.2% | 2025-Q4 stale |
| WCM INVESTMENT MANAGEMENT, LLC trimmed | 74,141 | $11M | 0.2% | 2025-Q3 stale |
| Candriam S.C.A. trimmed | 73,598 | $11M | 0.2% | 2025-Q3 stale |
| CW Advisors, LLC trimmed | 70,865 | $10M | 0.2% | 2025-Q2 stale |
| Asset Management One Co., Ltd. added | 65,520 | $10M | 0.2% | 2025-Q3 stale |
| Capitolis Liquid Global Markets LLC new | 65,500 | $10M | 0.2% | 2025-Q2 stale |
| Cubist Systematic Strategies, LLC trimmed | 61,552 | $9M | 0.2% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.