Numerai GP LLC Cuts Stock Position in Live Oak Bancshares, Inc.

Hedge fund reduces stake in regional bank by over 60%

Mar. 17, 2026 at 1:06pm

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Numerai GP LLC, an institutional investor, has reduced its position in Live Oak Bancshares, Inc. (NYSE:LOB) by 61.3% in the third quarter, according to a recent 13F filing with the SEC. The hedge fund now owns 67,652 shares of the regional bank's stock, down from 175,023 shares previously.

Why it matters

Live Oak Bancshares is a regional bank focused on small business lending, an important sector of the economy. Significant changes in ownership by major institutional investors can signal shifts in market sentiment or strategic direction for the company.

The details

According to the 13F filing, Numerai GP LLC sold 107,371 shares of Live Oak Bancshares in the third quarter, reducing its stake in the company by over 60%. The hedge fund now owns approximately 0.15% of Live Oak's outstanding shares, down from 0.39% previously. No specific reasons were given for the reduction in position.

  • Numerai GP LLC filed its 13F report for the third quarter of 2026 on March 17, 2026.

The players

Numerai GP LLC

An institutional investor and hedge fund that has reduced its stake in Live Oak Bancshares.

Live Oak Bancshares, Inc.

A regional bank headquartered in Wilmington, North Carolina that focuses on small business lending.

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The takeaway

The reduction in Numerai GP LLC's position in Live Oak Bancshares could signal a shift in market sentiment or strategic direction for the regional bank, though the specific reasons are unclear. As a major institutional investor, changes in Numerai's holdings are worth monitoring for insights into the broader outlook for Live Oak and the small business lending sector.