Millennium Management Amends LendingTree Stake (SC 13G/A)

TL;DR

**Millennium Management just updated its LendingTree stake, watch for potential market reaction.**

AI Summary

Millennium Management LLC, a New York-based investment firm, filed an amended Schedule 13G/A on January 10, 2024, disclosing its ownership of LendingTree, Inc. common stock as of December 31, 2023. This amendment indicates a change in their holdings, though the specific percentage or share count isn't detailed in the provided text. This matters to investors because large institutional holdings can influence stock stability and market perception, signaling confidence or a shift in strategy by a major player.

Why It Matters

This filing updates Millennium Management LLC's position in LendingTree, providing transparency on a significant institutional investor's involvement, which can impact investor sentiment and stock liquidity.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate high-risk event for the company.

Analyst Insight

An investor should note that a major institutional investor like Millennium Management LLC is adjusting its position in LendingTree. While this filing doesn't detail the change, it signals ongoing portfolio management. Investors should monitor subsequent filings for specific share count changes and consider this as part of broader institutional interest in LendingTree.

Key Numbers

• 52603B107 — CUSIP Number (Identifies LendingTree, Inc. common stock)
• 0001273087-24-000007 — Accession Number (Unique identifier for this specific SEC filing)
• 005-84168 — SEC File Number (Identifies LendingTree, Inc. with the SEC)
• 20240110 — Filed As Of Date (Date the SC 13G/A was officially filed with the SEC)

Key Players & Entities

• Millennium Management LLC (company) — reporting person and investment firm
• LendingTree, Inc. (company) — subject company whose stock is being reported
• ISRAEL A. ENGLANDER (person) — group member associated with Millennium
• MILLENNIUM GROUP MANAGEMENT LLC (company) — group member associated with Millennium
• December 31, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Millennium Management LLC will maintain a significant, but non-controlling, stake in LendingTree, Inc. (Millennium Management LLC) — medium confidence, target: Q2 2024
• LendingTree's stock price will experience minor fluctuations due to institutional investor activity, but no major shifts directly from this filing. (LendingTree, Inc.) — medium confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.01 — me of Issuer) COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securiti

Filing Documents

• TREE_SC13GA1_2024.htm (SC 13G/A) — 78KB
• 0001273087-24-000007.txt ( ) — 80KB

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); CUSIP No. 52603B107 SCHEDULE 13G Page 6 of 10 (g) o A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o Group, in accordance with 240.13d-1(b)(1)(ii)(J).

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: See response to Item 9 on each cover page. (b) Percent of Class: See response to Item 11 on each cover page. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote See response to Item 5 on each cover page. CUSIP No. 52603B107 SCHEDULE 13G Page 7 of 10 (ii) Shared power to vote or to direct the vote See response to Item 6 on each cover page. (iii) Sole power to dispose or to direct the disposition of See response to Item 7 on each cover page. (iv) Shared power to dispose or to direct the disposition of See response to Item 8 on each cover page. The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ .

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable.

Identification and Classification of the Subsidiary Which Acquired

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group See Exhibit I.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Certification

Item 10. Certification By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 52603B107 SCHEDULE 13G Page 8 of 10 Exhibits: Exhibit I: Joint Filing Agreement, dated as of January 9, 2024, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander. CUSIP No. 52603B107 SCHEDULE 13G Page 9 of 10 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct. Dated: January 9, 2024 MILLENNIUM MANAGEMENT LLC By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel MILLENNIUM GROUP MANAGEMENT LLC By: /s/Gil Raviv Name: Gil Raviv Title: Global General Counsel /s/ Israel A. Englander Israel A. Englander CUSIP No. 52603B107 SCHEDULE 13G Page 10 of 10 EXHIBIT I JOINT FILING AGREEMENT This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Common Stock, par value $0.01 per share, of LendingTree, Inc. will be filed on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: January 9, 2024 MILLENNIUM MANAGEMENT LLC By: /s/Gil Raviv

View Full Filing

View this SC 13G/A filing on SEC EDGAR