LIND LINDBLAD EXPEDITIONS HLDGS
COMMON
CUSIP: 535219109
Institutional Holders187
Total Institutional Value$542,155,454
Total Shares Held39,497,274
Avg Position$2,899,227
Top 5 Holders %38.1%
Alpha-Weighted Score68.2
New Positions+26
Exited Positions-15
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| ARIEL INVESTMENTS, LLC | High Conviction | Moderate Flow | $73,813,370 (13.6%) | 5,118,819 | 4.4% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $49,937,311 (9.2%) | 3,463,059 | 21.8% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $33,961,724 (6.3%) | 2,355,182 | 13.8% |
| ANCHOR CAPITAL MANAGEMENT COMPANY, LLC | Elite Conviction | Minimal Flow | $27,558,149 (5.1%) | 1,911,106 | 12.7% |
| PRINCIPAL FINANCIAL GROUP INC | High Conviction | Market Mover | $21,383,606 (3.9%) | 1,482,913 | 22.8% |
| ROYCE & ASSOCIATES LP | High Conviction | Moderate Flow | $15,737,570 (2.9%) | 1,091,371 | 9.7% |
| BLACK DIAMOND FINANCIAL, LLC | High Conviction | Minimal Flow | $15,405,780 (2.8%) | 1,068,362 | 12.7% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $14,861,916 (2.7%) | 1,030,646 | 36.8% |
| PENN CAPITAL MANAGEMENT COMPANY, LLC | High Conviction | Low Flow | $13,683,452 (2.5%) | 947,890 | 10.1% |
| PINNACLE ASSOCIATES LTD | High Conviction | Moderate Flow | $13,114,976 (2.4%) | 909,499 | 6.5% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $13,107,153 (2.4%) | 908,796 | 13.4% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | High Conviction | Market Mover | $12,683,111 (2.3%) | 879,550 | 32.0% |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | High Conviction | Moderate Flow | $12,475,016 (2.3%) | 865,119 | 12.7% |
| UBS Group AG | Moderate Conviction | Market Mover | $12,017,224 (2.2%) | 833,372 | 77.9% |
| STATE STREET CORP | High Conviction | Market Mover | $12,011,399 (2.2%) | 832,968 | 12.6% |
| NEW YORK STATE COMMON RETIREMENT FUND | High Conviction | Market Mover | $9,142,842 (1.7%) | 634,039 | -66.4% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $8,715,982 (1.6%) | 604,437 | 99.1% |
| PIER CAPITAL, LLC | High Conviction | Minimal Flow | $8,327,247 (1.5%) | 577,479 | 37.1% |
| DRIEHAUS CAPITAL MANAGEMENT LLC | High Conviction | Moderate Flow | $8,189,205 (1.5%) | 567,906 | -24.1% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $8,004,240 (1.5%) | 555,079 | 20.5% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $7,128,316 (1.3%) | 494,343 | 19.8% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $6,941,644 (1.3%) | 481,390 | -12.9% |
| FORMULA GROWTH LTD | High Conviction | Minimal Flow | $5,819,782 (1.1%) | 403,591 | 9.1% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $5,402,352 (1.0%) | 374,643 | -25.8% |
| GRANAHAN INVESTMENT MANAGEMENT, LLC | High Conviction | Low Flow | $4,983,177 (0.9%) | 345,574 | 107.3% |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $4,975,578 (0.9%) | 345,047 | -3.3% |
| APERTURE INVESTORS, LLC | High Conviction | Low Flow | $4,955,909 (0.9%) | 343,683 | 12.7% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $4,614,587 (0.9%) | 320,013 | -33.3% |
| STIFEL FINANCIAL CORP | High Conviction | Market Mover | $4,541,344 (0.8%) | 314,933 | 11.4% |
| OBERWEIS ASSET MANAGEMENT INC/ | High Conviction | Low Flow | $4,424,056 (0.8%) | 306,800 | 15.4% |
| CATALYTIC WEALTH RIA, LLC | High Conviction | Moderate Flow | $4,284,023 (0.8%) | 297,089 | 12.7% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $4,201,700 (0.8%) | 291,380 | 8.7% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $4,185,680 (0.8%) | 290,269 | -55.7% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $4,005,775 (0.7%) | 277,793 | 12.7% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $3,556,448 (0.7%) | 246,633 | -66.7% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $3,421,174 (0.6%) | 237,252 | 8.2% |
| TUDOR INVESTMENT CORP ET AL | Moderate Conviction | Significant Flow | $3,166,257 (0.6%) | 219,574 | -18.3% |
| TWO SIGMA ADVISERS, LP | High Conviction | Significant Flow | $3,015,222 (0.6%) | 209,100 | 32.4% |
| NORTH STAR INVESTMENT MANAGEMENT CORP. | High Conviction | Moderate Flow | $2,953,216 (0.5%) | 204,800 | 12.7% |
| PANAGORA ASSET MANAGEMENT INC | High Conviction | Significant Flow | $2,844,085 (0.5%) | 197,232 | 22.2% |
| EXODUSPOINT CAPITAL MANAGEMENT, LP | High Conviction | Significant Flow | $2,806,089 (0.5%) | 194,597 | NEW |
| BARCLAYS PLC | High Conviction | Market Mover | $2,733,773 (0.5%) | 189,582 | 17.1% |
| RUSSELL INVESTMENTS GROUP, LTD. | Moderate Conviction | Market Mover | $2,436,704 (0.4%) | 168,981 | 11.7% |
| Nuveen, LLC | High Conviction | Market Mover | $2,358,680 (0.4%) | 163,570 | -18.6% |
| SQUAREPOINT OPS LLC | Moderate Conviction | Significant Flow | $2,165,668 (0.4%) | 150,185 | 349.9% |
| HEDGES ASSET MANAGEMENT LLC | High Conviction | Minimal Flow | $2,017,358 (0.4%) | 139,900 | 11.5% |
| RICE JAMES HALL & ASSOCIATES LLC | High Conviction | Low Flow | $1,994,228 (0.4%) | 138,296 | -6.1% |
| Y-INTERCEPT (HONG KONG) LTD | High Conviction | Moderate Flow | $1,902,820 (0.4%) | 131,957 | 1,327.2% |
| LOS ANGELES CAPITAL MANAGEMENT LLC | High Conviction | Significant Flow | $1,892,146 (0.3%) | 163,116 | -8.7% |
| LAZARD ASSET MANAGEMENT LLC | High Conviction | Significant Flow | $1,827,836 (0.3%) | 126,757 | NEW |
| WEDGE CAPITAL MANAGEMENT L L P/NC | High Conviction | Moderate Flow | $1,735,173 (0.3%) | 120,331 | 13.6% |
| QUENT CAPITAL, LLC | High Conviction | Low Flow | $1,708,770 (0.3%) | 118,500 | NEW |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $1,629,071 (0.3%) | 112,973 | NEW |
| AQR CAPITAL MANAGEMENT LLC | High Conviction | Market Mover | $1,548,060 (0.3%) | 107,355 | -13.7% |
| MACKENZIE FINANCIAL CORP | High Conviction | Significant Flow | $1,525,124 (0.3%) | 105,973 | -6.9% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $1,428,072 (0.3%) | 99,034 | 13.1% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $1,364,695 (0.3%) | 94,639 | 144.9% |
| RENAISSANCE TECHNOLOGIES LLC | High Conviction | Significant Flow | $1,362,474 (0.3%) | 94,485 | -41.0% |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $1,299,819 (0.2%) | 90,140 | 13.9% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $1,174,221 (0.2%) | 81,430 | -37.4% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $1,090,743 (0.2%) | 75,641 | 15.7% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $1,070,844 (0.2%) | 74,261 | -35.8% |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | High Conviction | Moderate Flow | $977,971 (0.2%) | 60,593 | 28.8% |
| MILITIA CAPITAL PARTNERS, LP | High Conviction | Minimal Flow | $897,905 (0.2%) | 62,268 | 12.7% |
| ARISTEIA CAPITAL, L.L.C. | High Conviction | Moderate Flow | $894,674 (0.2%) | 62,044 | 69.1% |
| FULLER & THALER ASSET MANAGEMENT, INC. | High Conviction | Moderate Flow | $850,204 (0.2%) | 58,960 | 125.3% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $820,187 (0.2%) | 56,878 | NEW |
| NEEDHAM INVESTMENT MANAGEMENT LLC | High Conviction | Low Flow | $753,056 (0.1%) | 52,223 | 12.7% |
| CANADA PENSION PLAN INVESTMENT BOARD | High Conviction | Significant Flow | $752,724 (0.1%) | 52,200 | NEW |
| QUEST PARTNERS LLC | High Conviction | Moderate Flow | $673,861 (0.1%) | 46,731 | - |
| WAGONHOUND INVESTMENTS, LP | High Conviction | Low Flow | $671,338 (0.1%) | 46,556 | 7.8% |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $666,493 (0.1%) | 46,220 | 13.3% |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $654,949 (0.1%) | 45,420 | -5.0% |
| ENGINEERS GATE MANAGER LP | High Conviction | Moderate Flow | $640,349 (0.1%) | 44,407 | -20.0% |
| MOORS & CABOT, INC. | High Conviction | Low Flow | $627,270 (0.1%) | 43,500 | 3.2% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $605,539 (0.1%) | 41,993 | 104.6% |
| MAN GROUP PLC | High Conviction | Significant Flow | $596,772 (0.1%) | 41,385 | -41.5% |
| CACTI ASSET MANAGEMENT LLC | Elite Conviction | Minimal Flow | $592,620 (0.1%) | 41,500 | 10.3% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $576,512 (0.1%) | 39,980 | 24.2% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | High Conviction | Market Mover | $573,022 (0.1%) | 39,738 | 26.9% |
| BRASADA CAPITAL MANAGEMENT, LP | High Conviction | Low Flow | $548,720 (0.1%) | 38,000 | 26.3% |
| RWA WEALTH PARTNERS, LLC | High Conviction | Moderate Flow | $540,750 (0.1%) | 37,500 | 12.7% |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $539,438 (0.1%) | 37,409 | NEW |
| NUMERAI, LLC | High Conviction | Low Flow | $539,193 (0.1%) | 37,392 | 118.1% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $532,256 (0.1%) | 36,911 | 27.2% |
| COMERICA BANK | High Conviction | Significant Flow | $517,447 (0.1%) | 35,884 | 12.7% |
| PATHSTONE HOLDINGS, LLC | High Conviction | Significant Flow | $477,866 (0.1%) | 33,139 | 12.0% |
| INSPIRE INVESTING, LLC | High Conviction | Low Flow | $467,597 (0.1%) | 32,427 | 2.1% |
| LUXON FINANCIAL LLC | High Conviction | Moderate Flow | $467,482 (0.1%) | 32,419 | 12.7% |
| STATE OF WISCONSIN INVESTMENT BOARD | High Conviction | Significant Flow | $437,849 (0.1%) | 30,364 | 2.5% |
| CREATIVE PLANNING | High Conviction | Significant Flow | $436,292 (0.1%) | 30,256 | 17.4% |
| VOYA INVESTMENT MANAGEMENT LLC | Moderate Conviction | Market Mover | $435,772 (0.1%) | 30,220 | 14.4% |
| TEACHER RETIREMENT SYSTEM OF TEXAS | High Conviction | Significant Flow | $427,366 (0.1%) | 29,637 | 10.5% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $425,693 (0.1%) | 29,521 | 17.2% |
| PDT PARTNERS, LLC | High Conviction | Low Flow | $404,481 (0.1%) | 28,050 | 12.7% |
| TREXQUANT INVESTMENT LP | High Conviction | Significant Flow | $382,606 (0.1%) | 26,533 | -65.6% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $379,492 (0.1%) | 26,317 | -96.4% |
| ARISTIDES CAPITAL LLC | High Conviction | Low Flow | $377,516 (0.1%) | 26,180 | 18.0% |
| GRAHAM CAPITAL MANAGEMENT, L.P. | High Conviction | Moderate Flow | $357,082 (0.1%) | 24,763 | 15.4% |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $339,058 (0.1%) | 23,513 | -20.7% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 185 | $0.54B | 39,497,244 | $13.73 |
| Q3 25 | 174 | $0.52B | 42,111,836 | $12.28 |
| Q2 25 | 163 | $0.41B | 37,148,297 | $11.14 |
| Q1 25 | 152 | $0.33B | 36,740,591 | $8.98 |
| Q4 24 | 164 | $0.42B | 36,130,001 | $11.57 |
| Q3 24 | 136 | $0.32B | 34,748,211 | $9.16 |
| Q2 24 | 137 | $0.32B | 33,754,978 | $9.50 |
| Q1 24 | 129 | $0.32B | 35,234,397 | $9.10 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.