LendingTree

TREE • NASDAQ

LendingTree is a financial - conglomerates company in the financial services sector on NASDAQ, led by Douglas R. Lebda, with a market cap of $739.0M. As of Q3 2025, 82% of shares are held by 181 institutional investors, with Mariner Wealth Advisors, LLC as the largest holder at 9.83%.

Chairman and Chief Executive OfficerDouglas R. Lebda

Market Cap$739.0M

Financial - Conglomerates

Financial Services

Employees870.0

Websitelendingtree.com

Country

United States of America

Overview

Overview of institutional ownership in TREE as of Q3 2025 with a market cap of $881.6M

All Institutions

Institutions: 181
Value Held: $721.6M
Shares Held: 11.1M
Avg Position: $4.0M
Median Position: $528.7K

Hedge Funds

Hedge Funds: 26
Value Held: $170.3M
Shares Held: 2.6M
Avg Position: $6.6M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

62.53%

$551.3M

Hedge Funds

19.32%

$170.3M

Retail & Other

18.15%

$160.0M

Based on market cap of $881.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TREE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	$86.6M 0.11% of portfolio	9.83% 1.3M shares	Q1 2022 Held for 3y 8m	$77.3B
B BlackRock, Inc. Institution	-	$61.6M 0.00% of portfolio	6.99% 951.5K shares	Q2 2015 Held for 10y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$44.1M 0.00% of portfolio	5.00% 680.7K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$34.3M 0.01% of portfolio	3.89% 529.6K shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$25.2M 0.03% of portfolio	2.86% 390.0K shares	Q2 2019 Held for 6y 5m	$75.8B
EMERALD ADVISERS INC/PA Long Only Manager	Kenneth George Mertz CEO	$23.7M 0.76% of portfolio	2.69% 366.9K shares	Q1 2024 Held for 1y 8m	$3.1B
Blue Grotto Capital, LLC Hedge Fund•Long/Short	Phillip Greg Deese CFO	$23.0M 2.67% of portfolio	2.61% 356.1K shares	Q4 2023 Held for 1y 11m	$862.3M
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	$22.5M 1.32% of portfolio	2.55% 347.7K shares	Q2 2025 Held for 5 months	$1.7B
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	Bruce Ira Jacobs President	$20.4M 0.08% of portfolio	2.32% 315.8K shares	Q2 2022 Held for 3y 5m	$25.2B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$19.4M 0.02% of portfolio	2.20% 300.0K shares	Q4 2018 Held for 6y 11m	$121.98B

Net Capital Flow

Institutional buying and selling activity for TREE in Q3 2025

Traded: +$30.9M
Buyers: 106
Sellers: 65
Total Bought: +$113.4M
Total Sold: −$82.5M
Avg Position: $3.7M

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$16.2M +250.4K shares	$18.2M 280.5K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$15.7M +242.9K shares	$17.1M 263.8K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$12.1M +186.8K shares	$25.2M 390.0K shares
J JANE STREET GROUP, LLC Institution	+$7.5M +116.1K shares	$7.5M 116.1K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$6.2M +95.1K shares	$6.2M 95.1K shares
Trexquant Investment LP Hedge Fund•Quant	+$4.7M +72.9K shares	$9.9M 153.5K shares
R ROYAL BANK OF CANADA Institution	+$4.2M +65.3K shares	$4.6M 71.7K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$3.8M +58.9K shares	$6.8M 105.2K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$3.5M +53.3K shares	$4.0M 61.7K shares
ZACKS INVESTMENT MANAGEMENT RIA/Wealth	+$2.1M +32.7K shares	$2.1M 32.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
HARBOR CAPITAL ADVISORS, INC. ETF Provider	−$9.1M −141.1K shares	$3.7M 56.8K shares
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	−$7.7M −119.1K shares	$12.1M 186.5K shares
SHENKMAN CAPITAL MANAGEMENT INC Hedge Fund•Credit Arb	−$4.3M −115.0K shares	Sold Off 0 shares
JACOBS ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	−$4.0M −107.4K shares	Sold Off 0 shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	−$3.9M −104.3K shares	Sold Off 0 shares
Y Y-Intercept Ltd Institution	−$3.9M −59.6K shares	$1.8M 28.1K shares
P PEAK6 LLC Institution	−$3.4M −91.6K shares	Sold Off 0 shares
N Nuveen, LLC Institution	−$3.4M −52.0K shares	$9.1M 140.5K shares
BARCLAYS PLC Institution	−$3.2M −49.5K shares	$1.2M 18.6K shares
Marshall Wace LLP Institution	−$3.0M −45.6K shares	$4.0M 61.4K shares

Entry and Exit Activity

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

New Positions: 7
New Value: $4.9M
Exited Positions: 14
Exited Value: $18.6M

New Positions

Institution	Position Value
ZACKS INVESTMENT MANAGEMENT RIA/Wealth	$2.1M 32.7K shares
Range Financial Group LLC RIA/Wealth	$1.4M 21.8K shares
C CAXTON ASSOCIATES LLP Institution	$1.1M 17.4K shares
S SCOTIA CAPITAL INC. Institution	$218.1K 3.4K shares
CULLEN/FROST BANKERS, INC. Institution	$20.5K 316.0 shares
SJS Investment Consulting Inc. RIA/Wealth	$6.6K 102.0 shares
O Optiver Holding B.V. Institution	$4.3K 66.0 shares

Exited Positions

Institution	Previous Position
SHENKMAN CAPITAL MANAGEMENT INC Hedge Fund•Credit Arb	$4.3M 115.0K shares
JACOBS ASSET MANAGEMENT, LLC Hedge Fund•Long/Short	$4.0M 107.4K shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	$3.9M 104.3K shares
P PEAK6 LLC Institution	$3.4M 91.6K shares
NORDEA INVESTMENT MANAGEMENT AB Institution	$881.5K 23.6K shares
C Cubist Systematic Strategies, LLC Institution	$810.8K 21.9K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$540.7K 14.6K shares
Empowered Funds, LLC ETF Provider	$422.5K 11.4K shares
M Man Group plc Institution	$217.6K 5.9K shares
MEEDER ASSET MANAGEMENT INC Long Only Manager	$124.1K 3.3K shares

Options Activity

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

Call Positions: 10
Call Value: $28.1M
Put Positions: 7
Put Value: $16.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.3M 1.3K contracts
J JANE STREET GROUP, LLC Institution	$6.8M 1.1K contracts
N NOMURA HOLDINGS INC Institution	$4.0M 615.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.5M 383.0 contracts
P PEAK6 LLC Institution	$2.3M 363.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.2M 184.0 contracts
S SYMMETRY PEAK MANAGEMENT LLC Institution	$945.1K 146.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$925.6K 143.0 contracts
Walleye Trading LLC RIA/Wealth	$770.3K 119.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$284.8K 44.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$6.5M 999.0 contracts
J JANE STREET GROUP, LLC Institution	$4.6M 711.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.6M 249.0 contracts
Walleye Trading LLC RIA/Wealth	$1.1M 176.0 contracts
W WOLVERINE TRADING, LLC Institution	$967.8K 143.0 contracts
P PEAK6 LLC Institution	$789.7K 122.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$737.9K 114.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Blue Grotto Capital, LLC Hedge Fund•Long/Short	Phillip Greg Deese CFO	2.67% $23.0M	2.61% 356.1K shares	Q4 2023 Held for 1y 11m	$862.3M
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	Joshua M Goldberg Managing Partner	2.58% $12.1M	1.37% 186.5K shares	Q1 2023 Held for 2y 8m	$467.4M
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	1.32% $22.5M	2.55% 347.7K shares	Q2 2025 Held for 5 months	$1.7B
RPg Family Wealth Advisory, LLC RIA/Wealth	Robert John Grossheim Member	1.29% $5.9M	0.67% 91.1K shares	Q2 2025 Held for 5 months	$456.6M
EMERALD ADVISERS INC/PA Long Only Manager	Kenneth George Mertz CEO	0.76% $23.7M	2.69% 366.9K shares	Q1 2024 Held for 1y 8m	$3.1B
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	Stacey Lynn Sears President	0.76% $14.3M	1.62% 220.7K shares	Q4 2023 Held for 1y 11m	$1.9B
Range Financial Group LLC RIA/Wealth	Eric Robert Dahm Managing Partner	0.51% $1.4M	0.16% 21.8K shares	Q3 2025 Held for 2 months	$276.8M
I Intellectus Partners, LLC RIA/Wealth	David Joseph Laplaca Managing Partner	0.41% $2.1M	0.23% 31.8K shares	Q2 2023 Held for 2y 5m	$502.6M
HARBOR CAPITAL ADVISORS, INC. ETF Provider	David Gordon Van Hooser Chairman	0.29% $3.7M	0.42% 56.8K shares	Q2 2025 Held for 5 months	$1.3B
Mariner Wealth Advisors, LLC RIA/Wealth	Martin Christopher Bicknell CEO	0.11% $86.6M	9.83% 1.3M shares	Q1 2022 Held for 3y 8m	$77.3B

Hedge Fund Spotlight

Discover hedge funds investing in TREE

Blue Grotto Capital, LLC

Hedge Fund • Long/Short

Portfolio ManagerPhillip Greg Deese

Portfolio Value: $862.3M
Positions: 26
Last Reported: Q3 2025

Sector Allocation

Position in LendingTree

Market Value: $23.0M
Shares Held: 356.1K
Portfolio Weight: 2.67%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Comfort Systems USA FIX	Engineering & Construction Industrials	$78.9M	9.15%
2 Sea Limited SE	Unknown Unknown	$64.6M	7.50%
3 TKO Group Holdings TKO	Entertainment Communication Services	$64.5M	7.48%