Barrow Hanley Mewhinney & Strauss Reduces Live Oak Bancshares Stake

Institutional investor cuts position in North Carolina-based bank by 5.6% in Q3 2025

Mar. 11, 2026 at 7:34am

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Barrow Hanley Mewhinney & Strauss LLC, a major institutional investor, reduced its stake in Live Oak Bancshares, Inc. (NASDAQ:LOB) by 5.6% during the third quarter of 2025, according to a recent 13F filing with the SEC. The firm still owns a sizable 1.78 million shares, or about 3.88% of the bank's outstanding stock, valued at $62.56 million.

Why it matters

Live Oak Bancshares is a digital-first community bank focused on small business and commercial lending, including SBA 7(a) and 504 loans. The reduction in Barrow Hanley's position could signal a shift in investor sentiment around the bank's growth prospects or performance, though the firm remains a major shareholder.

The details

According to the 13F filing, Barrow Hanley Mewhinney & Strauss sold 104,680 shares of Live Oak Bancshares during the third quarter, reducing its total position to 1,776,292 shares. The firm cited unspecified portfolio management decisions as the reason for the sale. Live Oak Bancshares has a market capitalization of $1.53 billion and its stock is trading at around $33 per share as of March 2026.

  • Barrow Hanley Mewhinney & Strauss filed its 13F report for the third quarter of 2025 on March 11, 2026.

The players

Barrow Hanley Mewhinney & Strauss LLC

A major institutional investment firm that manages over $100 billion in assets.

Live Oak Bancshares, Inc.

A digital-first community bank based in Wilmington, North Carolina that specializes in small business and commercial lending.

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The takeaway

The reduction in Barrow Hanley's Live Oak Bancshares stake, though relatively modest, could signal a shift in investor sentiment around the bank's growth prospects. However, the firm remains a major shareholder, indicating continued confidence in Live Oak's long-term potential.