LINDBLAD EXPEDITIONS HOLDINGS, INC. - Common Stock, $0.0001 par value (LIND) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2015 to Q4 2025

Type / Class
Equity / Common Stock, $0.0001 par value
Symbol
LIND on Nasdaq
Shares outstanding
65,367,039
Price per share
$16.82
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
39,467,764
Total reported value
$568,775,280
% of total 13F portfolios
0%
Share change
+234,992
Value change
+$3,611,506
Number of holders
185
Price from insider filings
$16.82
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of LINDBLAD EXPEDITIONS HOLDINGS, INC. - Common Stock, $0.0001 par value (LIND) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Lindblad Sven-Olof 17% $182,895,996 10,783,962 Lindblad Sven-Olof 04 Feb 2026
ARIEL INVESTMENTS, LLC 10% -24% $70,715,648 -$23,194,394 5,524,660 -25% Ariel Investments, LLC 30 Sep 2025
EIN MARK 5.1% -17% $56,539,874 +$150,927 3,333,719 +0.27% EIN MARK 31 Dec 2025
BlackRock, Inc. 4.9% $23,744,097 2,670,877 BlackRock, Inc. 31 Mar 2025

As of 31 Dec 2025, 185 institutional investors reported holding 39,467,764 shares of LINDBLAD EXPEDITIONS HOLDINGS, INC. - Common Stock, $0.0001 par value (LIND). This represents 60% of the company’s total 65,367,039 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of LINDBLAD EXPEDITIONS HOLDINGS, INC. - Common Stock, $0.0001 par value (LIND) together control 45% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
ARIEL INVESTMENTS, LLC 7.8% 5,118,819 -7.3% 0.8% $73,813,370
BlackRock, Inc. 5.3% 3,463,059 +8.1% 0% $49,937,311
VANGUARD GROUP INC 3.6% 2,355,182 +0.98% 0% $33,961,724
ANCHOR CAPITAL MANAGEMENT COMPANY, LLC 2.9% 1,911,106 0% 24% $27,558,149
PRINCIPAL FINANCIAL GROUP INC 2.3% 1,482,913 +9% 0.01% $21,383,606
ROYCE & ASSOCIATES LP 1.7% 1,091,371 -2.6% 0.16% $15,737,570
Black Diamond Financial, LLC 1.6% 1,068,362 0% 1.6% $15,405,780
Bank of New York Mellon Corp 1.6% 1,030,646 +21% 0% $14,861,916
Penn Capital Management Company, LLC 1.5% 947,890 -2.2% 1.1% $13,683,452
PINNACLE ASSOCIATES LTD 1.4% 909,499 -5.5% 0.17% $13,114,976
GEODE CAPITAL MANAGEMENT, LLC 1.4% 908,796 +0.61% 0% $13,107,153
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.3% 879,550 +17% 0.01% $12,683,111
SILVERCREST ASSET MANAGEMENT GROUP LLC 1.3% 865,119 0% 0.09% $12,475,016
UBS Group AG 1.3% 833,372 +58% 0% $12,017,224
STATE STREET CORP 1.3% 832,968 -0.03% 0% $12,011,399
ALGERT GLOBAL LLC 1% 685,365 +25% 0.15% $9,883,000
NEW YORK STATE COMMON RETIREMENT FUND 0.97% 634,039 0% 0.01% $9,142,842
GOLDMAN SACHS GROUP INC 0.92% 604,437 +77% 0% $8,715,982
Pier Capital, LLC 0.88% 577,479 +22% 1.3% $8,327,247
Driehaus Capital Management LLC 0.87% 567,906 -33% 0.06% $8,189,205
MORGAN STANLEY 0.85% 555,079 +7% 0% $8,004,240
LORD, ABBETT & CO. LLC 0.83% 541,751 +64% 0.02% $7,812,000
DIMENSIONAL FUND ADVISORS LP 0.76% 494,343 +6.3% 0% $7,128,316
Connor, Clark & Lunn Investment Management Ltd. 0.74% 481,390 -23% 0.02% $6,941,644
FORMULA GROWTH LTD 0.62% 403,591 -3.1% 2.2% $5,819,782

Institutional Holders of LINDBLAD EXPEDITIONS HOLDINGS, INC. - Common Stock, $0.0001 par value (LIND) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 39,467,764 $568,775,280 +$3,611,506 $14.42 185
2025 Q3 39,325,843 $503,352,038 +$33,524,280 $12.80 172
2025 Q2 36,758,591 $428,980,396 +$9,964,954 $11.67 162
2025 Q1 35,981,077 $333,543,622 +$7,677,342 $9.27 151
2024 Q4 34,957,606 $414,627,215 +$25,360,099 $11.86 163
2024 Q3 32,883,971 $305,921,600 +$686,318 $9.25 137
2024 Q2 32,662,563 $315,248,348 -$6,510,455 $9.65 135
2024 Q1 32,392,232 $302,072,699 -$1,547,551 $9.33 126
2023 Q4 33,429,151 $376,586,213 +$1,817,324 $11.27 129
2023 Q3 32,952,965 $237,178,208 -$10,554,861 $7.20 120
2023 Q2 34,229,936 $372,140,896 -$8,930,480 $10.88 113
2023 Q1 35,199,186 $336,479,802 +$10,921,079 $9.56 120
2022 Q4 35,212,800 $271,133,945 -$8,078,263 $7.70 114
2022 Q3 36,653,350 $247,783,164 -$13,015,228 $6.76 105
2022 Q2 36,992,117 $299,634,107 +$10,446,851 $8.10 97
2022 Q1 34,001,282 $512,853,709 +$18,644,071 $15.08 104
2021 Q4 33,153,753 $517,074,337 +$32,765,755 $15.60 104
2021 Q3 31,083,297 $453,430,472 -$7,821,345 $14.59 99
2021 Q2 31,510,207 $504,481,795 +$28,361,759 $16.01 94
2021 Q1 29,410,828 $555,859,040 +$42,243,296 $18.90 101
2020 Q4 27,761,044 $475,248,259 +$110,835,701 $17.12 106
2020 Q3 20,380,700 $173,449,464 -$34,004,458 $8.51 106
2020 Q2 24,996,207 $192,980,151 -$1,913,724 $7.72 92
2020 Q1 26,247,595 $109,461,638 -$60,353,180 $4.17 95
2019 Q4 28,638,005 $468,234,078 +$12,905,189 $16.35 114
2019 Q3 27,882,972 $467,343,688 +$4,185,403 $16.76 119
2019 Q2 27,613,023 $495,578,217 +$6,919,823 $17.95 111
2019 Q1 27,445,578 $418,578,197 +$6,893,747 $15.25 114
2018 Q4 27,259,849 $366,700,991 +$9,881,790 $13.46 99
2018 Q3 24,767,649 $368,294,010 +$11,878,400 $14.87 89
2018 Q2 24,050,530 $318,673,670 +$29,933,685 $13.25 88
2018 Q1 22,747,449 $233,609,902 +$7,964,367 $10.27 73
2017 Q4 22,092,948 $216,198,796 -$3,726,039 $9.79 75
2017 Q3 22,273,659 $238,328,942 +$2,481,582 $10.70 74
2017 Q2 22,041,989 $231,435,068 +$15,619,813 $10.50 63
2017 Q1 20,566,297 $184,218,009 +$10,833,885 $8.96 63
2016 Q4 20,130,214 $190,202,747 +$6,086,198 $9.45 70
2016 Q3 19,650,753 $176,824,383 +$6,079,150 $9.00 72
2016 Q2 18,896,282 $181,955,200 +$2,410,077 $9.63 79
2016 Q1 18,603,765 $184,881,000 -$6,768,643 $9.94 65
2015 Q4 19,228,783 $213,624,000 +$18,475,916 $11.11 51
2015 Q3 17,660,316 $172,515,000 +$172,515,000 $9.77 34