SCHEDULE: PCP Managers GP Boosts loanDepot Stake to 46.3%

PCP Managers GP, LLC and its managing partners reported beneficial ownership of 46.30% of loanDepot, Inc.'s Class A Common Stock as of September 30, 2025.

Summary

• PCP Managers GP, LLC, Brian P. Golson, and David J. Ament collectively reported beneficial ownership of 103,458,646 shares of loanDepot, Inc. Class A Common Stock.
• This represents 46.30% of the Class A Common Stock outstanding, calculated based on 126,394,171 Class A Shares outstanding as of November 5, 2025, plus the shares beneficially owned by the Reporting Persons.
• The ownership comprises 6,382,763 existing Class A Shares and 97,075,883 Class A Shares issuable upon conversion of 97,026,671 Class D Shares and vesting of 49,212 Restricted Stock Units (RSUs) by November 28, 2025.
• All reported shares are held with shared voting and shared dispositive power among the reporting persons.
• If all Class C and Class D Shares convertible into Class A Shares were converted, the reporting persons' beneficial ownership percentage would be 31.05%.

Sentiment

Score: 6

Explanation: The filing indicates a significant, stable, and long-term institutional ownership stake, which can be viewed positively as a vote of confidence. However, it is a routine ownership disclosure and does not contain new operational or financial news that would dramatically shift sentiment.

Positives

• Significant beneficial ownership by institutional investors and their managing partners, indicating strong conviction in the company's long-term prospects.
• The reporting group's substantial stake (46.30%) suggests a high level of alignment between these key investors and the company's performance.

Future Outlook

This filing is an ownership disclosure and does not contain forward-looking statements or guidance regarding the company's future performance or operations.

Industry Context

This Schedule 13G filing reflects a significant ownership stake by a private equity firm and its managing partners in a publicly traded mortgage lender. Such substantial institutional ownership is common in industries undergoing consolidation or strategic shifts, where long-term capital partners play a crucial role.

Stakeholder Impact

• Shareholders: The large institutional stake could be seen as a positive signal, potentially reducing volatility and aligning interests with long-term growth. However, it also means a significant portion of voting power is concentrated.
• Management: The substantial ownership by PCP Managers GP, LLC and its managing partners implies a strong oversight presence and potential influence on strategic decisions.

Key Dates

Recommendation

This Schedule 13G filing primarily discloses a significant, existing beneficial ownership stake by PCP Managers GP, LLC and its managing partners in loanDepot, Inc. While the substantial 46.30% ownership indicates strong institutional confidence and alignment, the filing itself does not provide new operational or financial data to warrant a change in investment thesis. It's an update on an existing position, suggesting investors should hold their current stance while monitoring future company performance and market conditions.

Keywords

loanDepot, LDI, PCP Managers GP, Brian P. Golson, David J. Ament, Schedule 13G, beneficial ownership, Class A Common Stock, Class D Common Stock, Restricted Stock Units, institutional ownership, equity stake, SEC filing