Dimensional Fund Advisors LP Reports New 5% Stake in LendingClub Corp

2026-04-09SEC Filing SCHEDULE 13G (0000354204-26-000527)

On April 9, 2026, Dimensional Fund Advisors LP filed a Schedule 13G with the SEC, reporting a new 5.0% passive ownership stake in LendingClub Corp (LC). As of the event date on March 31, 2026, the investment advisor beneficially owns 5,760,141 shares of common stock. Dimensional Fund Advisors LP serves as an investment advisor or manager to various registered investment companies and trusts (the "Funds") and holds sole dispositive power over all 5,760,141 shares, with sole voting power over 5,665,723 shares. The filing specifies that the shares are owned by the Funds, and Dimensional Fund Advisors LP disclaims beneficial ownership of these securities except for regulatory reporting purposes. The acquisition was made in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks a significant increase from a previous 0.0% position, establishing Dimensional Fund Advisors LP as a major institutional shareholder in LendingClub Corp.