Stride

LRN • NYSE

Stride is a education & training services company in the consumer defensive sector on NYSE, led by James Rhyu, with a market cap of $2.8B. As of Q3 2025, 106% of shares are held by 505 institutional investors, with BlackRock, Inc. as the largest holder at 15.16%.

Chief Executive OfficerJames Rhyu

Market Cap$2.8B

Education & Training Services

Consumer Defensive

Employees7.8K

Websitestridelearning.com

Country

United States of America

Overview

Overview of institutional ownership in LRN as of Q3 2025 with a market cap of $6.5B

All Institutions

Institutions: 505
Value Held: $6.9B
Shares Held: 46.4M
Avg Position: $13.7M
Median Position: $900.3K

Hedge Funds

Hedge Funds: 48
Value Held: $585.4M
Shares Held: 3.9M
Avg Position: $12.2M
Median Position: $3.0M

Ownership Breakdown

Institutional (non-HF)

97.41%

$6.3B

Hedge Funds

9.01%

$585.4M

Retail & Other

Based on market cap of $6.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LRN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$985.1M 0.02% of portfolio	15.16% 6.6M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$676.6M 0.01% of portfolio	10.41% 4.5M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$268.9M 0.04% of portfolio	4.14% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$238.7M 0.01% of portfolio	3.67% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	Brent Walker Gledhill CEO	$225.1M 0.58% of portfolio	3.46% 1.5M shares	Q1 2024 Held for 1y 8m	$38.7B
HENDERSON GROUP PLC Institution	Ali Dibadj CEO	$207.4M 0.09% of portfolio	3.19% 1.4M shares	Q2 2017 Held for 8y 5m	$218.74B
A AMERICAN CENTURY COMPANIES INC Institution	-	$197.9M 0.10% of portfolio	3.04% 1.3M shares	Q2 2022 Held for 3y 5m	$195.93B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$186.4M 0.04% of portfolio	2.87% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$155.5M 0.01% of portfolio	2.39% 1.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
S Swedbank AB Institution	-	$144.9M 0.15% of portfolio	2.23% 972.9K shares	Q3 2025 Held for 2 months	$98.7B

Net Capital Flow

Institutional buying and selling activity for LRN in Q3 2025

Traded: +$38.8M
Buyers: 262
Sellers: 265
Total Bought: +$743.0M
Total Sold: −$704.2M
Avg Position: $11.9M

Biggest Buyers

Institution	Net Bought	Current Position
FMR LLC Institution	+$67.2M +451.2K shares	$94.5M 634.7K shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	+$61.1M +410.0K shares	$225.1M 1.5M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$56.0M +375.7K shares	$144.0M 966.6K shares
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	+$55.9M +375.0K shares	$55.9M 375.0K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$43.3M +290.4K shares	$51.1M 342.9K shares
SG Capital Management LLC Hedge Fund•Event Driven	+$35.8M +240.1K shares	$41.8M 280.5K shares
BREACH INLET CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	+$33.7M +226.3K shares	$33.7M 226.3K shares
Clark Capital Management Group, Inc. RIA/Wealth	+$29.8M +199.8K shares	$66.1M 443.6K shares
O Ophir Asset Management Pty Ltd Long Only Manager	+$20.0M +134.5K shares	$30.2M 203.0K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$19.5M +131.2K shares	$91.6M 614.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS Group AG Institution	−$63.1M −423.5K shares	$84.3M 565.8K shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$38.1M −256.0K shares	$123.7M 830.8K shares
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	−$30.9M −207.6K shares	$69.3M 465.4K shares
C Cubist Systematic Strategies, LLC Institution	−$28.3M −189.9K shares	$9.2M 61.6K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$24.0M −161.4K shares	$22.2M 149.3K shares
A Anatole Investment Management Ltd Institution	−$21.2M −146.0K shares	Sold Off 0 shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$19.8M −132.8K shares	$186.4M 1.3M shares
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	−$18.4M −126.7K shares	Sold Off 0 shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$18.3M −122.6K shares	$13.9M 93.4K shares
CONGRESS ASSET MANAGEMENT CO /MA Long Only Manager	−$18.0M −121.1K shares	$69.3M 465.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LRN in Q3 2025

New Positions: 41
New Value: $94.4M
Exited Positions: 74
Exited Value: $164.5M

New Positions

Institution	Position Value
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	$55.9M 375.0K shares
GANNETT WELSH & KOTLER Long Only Manager	$17.3M 116.0K shares
M Mitsubishi UFJ Securities International PLC Institution	$6.1M 40.7K shares
P PEAK6 LLC Institution	$2.3M 15.5K shares
4D Advisors, LLC Hedge Fund•Long/Short	$2.2M 15.0K shares
C Colony Group, LLC Institution	$1.3M 8.9K shares
Whitaker-Myers Wealth Managers, LTD. RIA/Wealth	$1.1M 7.1K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$948.5K 6.4K shares
Empirical Asset Management, LLC RIA/Wealth	$894.2K 6.0K shares
UNITED CAPITAL FINANCIAL ADVISERS, LLC RIA/Wealth	$746.8K 5.0K shares

Exited Positions

Institution	Previous Position
A Anatole Investment Management Ltd Institution	$21.2M 146.0K shares
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	$18.4M 126.7K shares
Trexquant Investment LP Hedge Fund•Quant	$12.6M 86.9K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$10.9M 74.8K shares
Quantbot Technologies LLC Hedge Fund•Quant	$9.9M 68.3K shares
C Capitolis Liquid Global Markets LLC Private Equity	$9.5M 65.5K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$8.1M 56.0K shares
B BLAIR WILLIAM & CO/IL Institution	$7.5M 51.4K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$6.9M 47.8K shares
EAM Global Investors LLC Long Only Manager	$5.9M 40.9K shares

Options Activity

Institutions with the largest Call and Put options positions in LRN as of Q3 2025

Call Positions: 12
Call Value: $104.8M
Put Positions: 12
Put Value: $121.4M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$27.8M 1.9K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$24.8M 1.7K contracts
UBS Group AG Institution	$14.1M 945.0 contracts
W WOLVERINE TRADING, LLC Institution	$12.0M 800.0 contracts
J JANE STREET GROUP, LLC Institution	$10.8M 725.0 contracts
C Cubist Systematic Strategies, LLC Institution	$5.2M 347.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$4.5M 304.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$2.4M 161.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.4M 92.0 contracts
Walleye Trading LLC RIA/Wealth	$1.3M 85.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$53.9M 3.6K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$24.9M 1.7K contracts
W WOLVERINE TRADING, LLC Institution	$7.5M 502.0 contracts
SG Capital Management LLC Hedge Fund•Event Driven	$7.4M 500.0 contracts
P PEAK6 LLC Institution	$5.7M 386.0 contracts
J JANE STREET GROUP, LLC Institution	$4.8M 322.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$4.6M 307.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$3.1M 206.0 contracts
UBS Group AG Institution	$3.1M 205.0 contracts
Walleye Trading LLC RIA/Wealth	$2.3M 153.0 contracts

Most Committed Institutions

Institutions with LRN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
BREACH INLET CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	Christopher Dennis Colvin Managing Partner	16.64% $33.7M	0.52% 226.3K shares	Q1 2024 Held for 1y 8m	$202.5M
TradeLink Capital LLC Hedge Fund•Event Driven	Steven Wesley Wolf CEO	5.53% $666.1K	0.01% 4.5K shares	Q3 2025 Held for 2 months	$12.0M
M Montanaro Asset Management Ltd Institution	-	4.92% $19.7M	0.30% 132.2K shares	Q2 2024 Held for 1y 5m	$400.4M
SG Capital Management LLC Hedge Fund•Event Driven	Glen Schneider President	4.19% $41.8M	0.64% 280.5K shares	Q2 2025 Held for 5 months	$998.2M
Cat Rock Capital Management LP Hedge Fund•Long/Short	Alexander Salah Captain CEO	3.74% $30.3M	0.47% 203.6K shares	Q4 2024 Held for 11 months	$810.4M
O Ophir Asset Management Pty Ltd Long Only Manager	Sandra Donnarumma COO	3.73% $30.2M	0.47% 203.0K shares	Q1 2021 Held for 4y 8m	$809.7M
KIRR MARBACH & CO LLC /IN/ Long Only Manager	Mark David Foster Member	2.76% $15.3M	0.24% 102.6K shares	Q2 2021 Held for 4y 5m	$553.9M
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	2.61% $55.9M	0.86% 375.0K shares	Q3 2025 Held for 2 months	$2.1B
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	2.48% $45.5M	0.70% 305.4K shares	Q1 2020 Held for 5y 8m	$1.8B
K KADENSA CAPITAL Ltd Institution	-	2.41% $23.4M	0.36% 157.1K shares	Q1 2025 Held for 8 months	$971.1M

Hedge Fund Spotlight

Discover hedge funds investing in LRN

TWINBEECH CAPITAL LP

Hedge Fund • Quant

Portfolio ManagerJinghua (Nmn) Yan

Portfolio Value: $2.5B
Positions: 536
Last Reported: Q3 2025

Sector Allocation

Position in Stride

Market Value: $586.7K
Shares Held: 3.9K
Portfolio Weight: 0.02%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Kenvue KVUE	Household & Personal Products Consumer Defensive	$31.9M	1.26%
2 Roper Technologies, Inc. ROP	Industrial - Machinery Industrials	$30.0M	1.18%
3 Boston Scientific BSX	Medical - Devices Healthcare	$29.8M	1.18%