LFSTNasdaqServices-Health ServicesFiscal year ends December 31
LifeStance Health Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$11.77+0.03 (+0.26%)
Close on Oct 19, 2026
- Market cap
- $4.56B
- P/E (TTM)
- 90.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
98.7%
377M of 382M shares
Institutional holders
287
90 new, 28 sold out
Net institutional buying
8M
In Q2 2026
Insider trades, 12 months
0 buys · 37 sales
Net sold $847.23M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Tpg Gp A, LLC | 98,101,407 | 25.70% | 13G (passive) amendment | Jun 30, 2026 |
| FMR LLC | 58,467,480 | 15.00% | 13G (passive) amendment | Mar 31, 2026 |
| Abigail P. Johnson | 39,249,054 | 10.10% | 13G (passive) amendment | Oct 31, 2025 |
| BlackRock, Inc. | 38,673,303 | 10.10% | 13G (passive) amendment | Sep 30, 2026 |
| Summit Partners, L.P. | 23,310,115 | 6.10% | 13G (passive) amendment | Jun 30, 2026 |
| Coulter, James G | 111,744,614 | 29.30% | 13G (passive) amendment | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LFST | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Tpg Gp A, LLC | 111,744,614 | 29.25% | $1.20B | −28,281,943 | 23.93% |
| FMR LLC | 58,252,466 | 15.25% | $623.88M | −433,014 | 0.03% |
| BlackRock, Inc. | 36,348,507 | 9.51% | $389.29M | +18,213,556 | 0.01% |
| Summit Partners L P | 23,310,115 | 6.10% | $249.65M | −5,899,661 | 41.00% |
| Vanguard Portfolio Management LLC | 13,960,892 | 3.65% | $149.52M | +4,278,587 | 0.01% |
| Jennison Associates LLC | 12,077,557 | 3.16% | $129.35M | +1,848,756 | 0.08% |
| Dimensional Fund Advisors LP | 11,427,602 | 2.99% | $122.38M | +1,059,922 | 0.02% |
| Vanguard Capital Management LLC | 9,735,076 | 2.55% | $104.26M | +1,826,917 | 0.00% |
| State Street Corp | 8,228,351 | 2.15% | $88.13M | +4,134,857 | 0.00% |
| UBS Asset Management Americas Inc | 5,947,600 | 1.56% | $63.70M | −144,623 | 0.01% |
| Geode Capital Management, LLC | 5,592,598 | 1.46% | $59.91M | +867,444 | 0.00% |
| Morgan Stanley | 5,021,527 | 1.31% | $53.78M | +1,580,301 | 0.00% |
| Principal Financial Group Inc | 3,996,866 | 1.05% | $42.81M | +919,211 | 0.02% |
| Millennium Management LLC | 3,606,755 | 0.94% | $38.63M | +1,707,706 | 0.01% |
| First Eagle Investment Management, LLC | 3,125,932 | 0.82% | $33.48M | +1,515,466 | 0.03% |
| Nuveen, LLC | 3,061,724 | 0.80% | $32.79M | +850,792 | 0.01% |
| Integral Health Asset Management, LLC | 3,000,000 | 0.79% | $32.13M | −1,300,000 | 1.27% |
| Wellington Management Group Llp | 2,883,371 | 0.75% | $30.88M | New | 0.01% |
| Price T Rowe Associates Inc /Md/ | 2,769,327 | 0.72% | $29.66K | +2,619,678 | 0.00% |
| Northern Trust Corp | 2,137,906 | 0.56% | $22.90M | +603,053 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 287 | 377M | 98.7% | 90 / 116 | 53 / 28 | 64M | 56M |
| Q1 2026 | 229 | 369M | 96.6% | 50 / 91 | 55 / 21 | 55M | 42M |
| Q4 2025 | 205 | 374M | 97.9% | 35 / 92 | 60 / 33 | 38M | 13M |
| Q3 2025 | 210 | 350M | 91.7% | 56 / 77 | 60 / 37 | 35M | 34M |
| Q2 2025 | 194 | 349M | 91.4% | 39 / 74 | 59 / 25 | 20M | 14M |
| Q1 2025 | 181 | 343M | 89.9% | 48 / 75 | 36 / 18 | 24M | 17M |
| Q4 2024 | 153 | 337M | 88.1% | 38 / 61 | 34 / 14 | 22M | 15M |
| Q3 2024 | 130 | 329M | 86.1% | 25 / 57 | 28 / 27 | 26M | 16M |
| Q2 2024 | 133 | 327M | 85.6% | 37 / 49 | 27 / 26 | 26M | 22M |
| Q1 2024 | 124 | 323M | 84.5% | 24 / 48 | 30 / 20 | 14M | 2M |
| Q4 2023 | 120 | 310M | 81.2% | 21 / 37 | 39 / 19 | 18M | 6M |
| Q3 2023 | 119 | 298M | 78.1% | 28 / 50 | 28 / 17 | 11M | 3M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LFST | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 13,804,992 | 3.61% | $147.85M | 0.13% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 6,740,311 | 1.76% | $72.19M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Value Fund | 6,520,537 | 1.71% | $68.34M | 1.25% | Jul 31, 2026 |
| VIP Contrafund Portfolio | 5,917,900 | 1.55% | $63.38M | 0.21% | Jun 30, 2026 |
| Fidelity Small Cap Growth Fund | 5,442,419 | 1.42% | $57.04M | 0.65% | Jul 31, 2026 |
| iShares Russell 2000 ETF | 5,001,816 | 1.31% | $53.57M | 0.06% | Jun 30, 2026 |
| Select Health Care Portfolio | 4,979,400 | 1.30% | $38.39M | 0.66% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 4,887,606 | 1.28% | $52.35M | 0.03% | Jun 30, 2026 |
| PGIM Jennison Small Company Fund | 4,856,204 | 1.27% | $52.01M | 1.49% | Jun 30, 2026 |
| Fidelity Value Fund | 4,541,298 | 1.19% | $47.59M | 0.45% | Jul 31, 2026 |
| Select Medical Technology and Devices Portfolio | 3,983,500 | 1.04% | $30.71M | 1.03% | May 31, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 3,128,150 | 0.82% | $24.12M | 0.01% | May 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 2,829,522 | 0.74% | $30.30M | 0.06% | Jun 30, 2026 |
| Fidelity Small Cap Growth K6 Fund | 2,712,386 | 0.71% | $28.43M | 0.62% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 2,633,368 | 0.69% | $28.20M | 0.03% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| David Bourdon | Chief Executive Officer, Director | 1,248,247 | 0.33% | Sep 24, 2026 |
| Ryan Pardo | See Remarks, Director | 3,644,886 | 0.95% | Apr 3, 2026 |
| Vukasin Paunovich | Chief Technology Officer | 205,379 | 0.05% | Sep 4, 2026 |
| Ann Varanakis | Chief People Officer | 413,881 | 0.11% | Aug 26, 2026 |
| Lisa K. Miller | Chief Operating Officer | 281,289 | 0.07% | Aug 12, 2026 |
| Ryan McGroarty | See Remarks | 772,235 | 0.20% | Mar 26, 2026 |
| Stephanie Carin Eken | Chief Medical Officer | 115,107 | 0.03% | Mar 9, 2026 |
| Ujjwal Ramtekkar | Chief Medical Officer | 103,916 | 0.03% | Jun 18, 2025 |
| Pablo Pantaleoni | Chief Digital Officer | 1,437,881 | 0.38% | May 19, 2025 |
| Teresa DeLuca | Director | 133,456 | 0.03% | Aug 18, 2026 |
| Kenneth A. Burdick | Director | 3,017,321 | 0.79% | Aug 13, 2026 |
| Safwan Shabab | Director | – | – | Jul 7, 2026 |
| Lori Goltermann | Director | 35,492 | 0.01% | Jul 7, 2026 |
| Sarah Personette | Director | 92,512 | 0.02% | Jul 7, 2026 |
| Thurman Justice | Director | 35,492 | 0.01% | Jul 7, 2026 |
| Robert Bessler | Director | 1,308,051 | 0.34% | Jul 7, 2026 |
| Eric P. Palmer | Director | 89,174 | 0.02% | Jul 7, 2026 |
| Darren M. Black | Director | 23,310,115 | 6.10% | May 14, 2026 |
| Eric Shuey | Director | 961,544 | 0.25% | May 14, 2026 |
| James G. Coulter | 10% owner | 175,284,635 | 45.88% | Sep 15, 2026 |
| Tpg Gp A, Llc | 10% owner | 79,691,702 | 20.86% | Sep 15, 2026 |
| Jon Winkelried | 10% owner | 160,711,618 | 42.06% | Sep 15, 2026 |
| Summit Partners Entrepreneur Advisors Fund II, L.P. | – | – | – | Aug 20, 2025 |
| Summit Partners Growth Equity Fund IX-A, L.P. | – | 48,244,251 | 12.63% | Aug 20, 2025 |
| Summit Partners Growth Equity Fund IX-B, L.P. | – | – | – | Aug 20, 2025 |
| Summit Investors Ge Ix/Vc Iv, Llc | – | 45,734,703 | 11.97% | Aug 20, 2025 |
| Summit Investors Ge Ix/Vc Iv (Uk), L.P. | – | 41,932,358 | 10.98% | Aug 20, 2025 |
| Partners L. P. Summit | 10% owner | 79,259,418 | 20.75% | Aug 20, 2025 |
| Silversmith Partners I GP, LLC | – | 19,541,192 | 5.11% | Aug 20, 2025 |
| Silversmith Capital Partners I-C, L.P. | – | 14,324,197 | 3.75% | Aug 20, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David Bourdon Chief Executive Officer, Director | Sep 22, 2026 | Gift | −150,000 | – | – | 948,247 |
| David Bourdon Chief Executive Officer, Director | Sep 22, 2026 | Gift | −150,000 | – | – | 1,098,247 |
| David Bourdon Chief Executive Officer, Director | Sep 22, 2026 | Gift | +150,000 | – | – | 150,000 |
| David Bourdon Chief Executive Officer, Director | Sep 22, 2026 | Gift | +150,000 | – | – | 150,000 |
| Tpg Gp A, Llc 10% owner | Sep 11, 2026 | Sale | −18,409,705 | $12.29 | $226.26M | 79,691,702 |
| David Bourdon Chief Executive Officer, Director | Sep 2, 2026 | Other | −150,000 | – | – | 1,248,247 |
| Vukasin Paunovich Chief Technology Officer | Sep 2, 2026 | Sale | −42,067 | $12.87 | $541.40K | 205,379 |
| Ann Varanakis Chief People Officer | Aug 24, 2026 | Tax withholding | −8,156 | $12.16 | $99.18K | 413,881 |
| Teresa DeLuca Director | Aug 14, 2026 | Sale | −7,500 | $12.68 | $95.10K | 97,093 |
| Teresa DeLuca Director | Aug 13, 2026 | Sale | −20,441 | $12.23 | $249.99K | 104,593 |
| Kenneth A. Burdick Director | Aug 11, 2026 | Sale | −500,000 | $11.51 | $5.76M | 2,970,810 |
| Tpg Gp A, Llc 10% owner | Aug 10, 2026 | Sale | −13,643,207 | $10.62 | $144.89M | 98,101,407 |
| Vukasin Paunovich Chief Technology Officer | Aug 10, 2026 | Sale(10b5-1 plan) | −44,394 | $10.85 | $481.67K | 247,446 |
| Lisa K. Miller Chief Operating Officer | Aug 10, 2026 | Sale(10b5-1 plan) | −47,912 | $10.85 | $519.85K | 281,289 |
| Kenneth A. Burdick Director | Jul 6, 2026 | Award | +45,495 | – | – | 3,470,810 |
| Eric P. Palmer Director | Jul 2, 2026 | Award | +17,746 | – | – | 89,174 |
| Robert Bessler Director | Jul 2, 2026 | Award | +17,746 | – | – | 75,365 |
| Lori Goltermann Director | Jul 2, 2026 | Award | +35,492 | – | – | 35,492 |
| Sarah Personette Director | Jul 2, 2026 | Award | +17,746 | – | – | 92,512 |
| Teresa DeLuca Director | Jul 2, 2026 | Award | +17,746 | – | – | 125,034 |
| Thurman Justice Director | Jul 2, 2026 | Award | +35,492 | – | – | 35,492 |
| Robert Bessler Director | Jun 26, 2026 | Sale(10b5-1 plan) | −447,168 | $10.13 | $4.53M | 539,763 |
| Robert Bessler Director | Jun 26, 2026 | Sale(10b5-1 plan) | −447,169 | $10.13 | $4.53M | 656,560 |
| Vukasin Paunovich Chief Technology Officer | Jun 11, 2026 | Tax withholding | −17,456 | $8.61 | $150.30K | 291,840 |
| Robert Bessler Director | May 12, 2026 | Sale | −287,517 | $8.02 | $2.31M | 986,931 |
| Robert Bessler Director | May 12, 2026 | Sale | −287,517 | $8.02 | $2.31M | 1,103,729 |
| Eric Shuey Director | May 12, 2026 | Sale | −243,362 | $8.02 | $1.95M | 867,562 |
| Tpg Gp A, Llc 10% owner | May 12, 2026 | Sale | −28,281,943 | $8.02 | $226.82M | 111,744,614 |
| Darren M. Black Director | May 12, 2026 | Sale | −5,899,661 | $8.02 | $47.32M | 23,310,115 |
| Robert Bessler Director | May 7, 2026 | Sale(10b5-1 plan) | −37,500 | $8.55 | $320.63K | 1,236,948 |
| Robert Bessler Director | May 7, 2026 | Sale(10b5-1 plan) | −37,500 | $8.55 | $320.63K | 1,353,746 |
| Robert Bessler Director | Apr 24, 2026 | Sale(10b5-1 plan) | −31,074 | $7.05 | $219.07K | 1,391,246 |
| Robert Bessler Director | Apr 24, 2026 | Sale(10b5-1 plan) | −31,073 | $7.05 | $219.06K | 1,274,448 |
| Robert Bessler Director | Apr 23, 2026 | Sale(10b5-1 plan) | −3,876 | $7.00 | $27.13K | 1,305,521 |
| Robert Bessler Director | Apr 23, 2026 | Sale(10b5-1 plan) | −3,876 | $7.00 | $27.13K | 1,422,320 |
| Robert Bessler Director | Apr 21, 2026 | Sale(10b5-1 plan) | −2,550 | $7.01 | $17.88K | 1,426,196 |
| Robert Bessler Director | Apr 21, 2026 | Sale(10b5-1 plan) | −2,551 | $7.01 | $17.88K | 1,309,397 |
| Ryan Pardo See Remarks, Director | Apr 1, 2026 | Tax withholding | −9,376 | $6.37 | $59.73K | 1,093,366 |
| Ryan McGroarty See Remarks | Mar 24, 2026 | Tax withholding | −24,255 | $6.45 | $156.44K | 772,235 |
| Ryan McGroarty See Remarks | Mar 17, 2026 | Tax withholding | −47,594 | $6.89 | $327.92K | 796,490 |
| Vukasin Paunovich Chief Technology Officer | Mar 9, 2026 | Award | +62,935 | – | – | 327,837 |
| Vukasin Paunovich Chief Technology Officer | Mar 9, 2026 | Tax withholding | −18,541 | $6.91 | $128.12K | 309,296 |
| David Bourdon Chief Executive Officer, Director | Mar 9, 2026 | Award | +122,994 | – | – | 1,330,195 |
| David Bourdon Chief Executive Officer, Director | Mar 9, 2026 | Tax withholding | −10,884 | $6.91 | $75.21K | 1,207,201 |
| David Bourdon Chief Executive Officer, Director | Mar 9, 2026 | Tax withholding | −51,474 | $6.91 | $355.69K | 1,278,721 |
| David Bourdon Chief Executive Officer, Director | Mar 9, 2026 | Award | +205,550 | – | – | 1,484,271 |
| David Bourdon Chief Executive Officer, Director | Mar 9, 2026 | Tax withholding | −86,024 | $6.91 | $594.43K | 1,398,247 |
| Ryan Pardo See Remarks, Director | Mar 9, 2026 | Tax withholding | −15,841 | $6.91 | $109.46K | 1,035,510 |
| Ryan Pardo See Remarks, Director | Mar 9, 2026 | Tax withholding | −38,479 | $6.91 | $265.89K | 1,102,742 |
| Ryan Pardo See Remarks, Director | Mar 9, 2026 | Award | +105,711 | – | – | 1,141,221 |
| Ryan Pardo See Remarks, Director | Mar 9, 2026 | Tax withholding | −12,280 | $6.91 | $84.85K | 1,011,097 |
| Ryan Pardo See Remarks, Director | Mar 9, 2026 | Award | +40,254 | – | – | 1,051,351 |
| Ryan McGroarty See Remarks | Mar 9, 2026 | Tax withholding | −50,929 | $6.91 | $351.92K | 804,560 |
| Ryan McGroarty See Remarks | Mar 9, 2026 | Tax withholding | −25,644 | $6.91 | $177.20K | 844,084 |
| Ryan McGroarty See Remarks | Mar 9, 2026 | Award | +65,168 | – | – | 869,728 |
| Ryan McGroarty See Remarks | Mar 9, 2026 | Award | +127,878 | – | – | 855,489 |
| Lisa K. Miller Chief Operating Officer | Mar 9, 2026 | Tax withholding | −13,446 | $6.91 | $92.91K | 329,201 |
| Lisa K. Miller Chief Operating Officer | Mar 9, 2026 | Award | +26,836 | – | – | 342,647 |
| Lisa K. Miller Chief Operating Officer | Mar 9, 2026 | Tax withholding | −14,766 | $6.91 | $102.03K | 315,811 |
| Ann Varanakis Chief People Officer | Mar 9, 2026 | Award | +26,836 | – | – | 398,504 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Vukasin Paunovich Officer | Sep 2, 2026 | 42,067 | $541.24K | Sep 2, 2026 | Restricted Stock Vesting |
| Teresa DeLuca Director | Aug 14, 2026 | 7,500 | $95.12K | Aug 14, 2026 | Restricted Stock Vesting |
| Teresa DeLuca Director | Aug 13, 2026 | 20,441 | $249.99K | Aug 13, 2026 | Restricted Stock Vesting |
| Kenneth A. Burdick Director | Aug 11, 2026 | 500,000 | $5.76M | Aug 11, 2026 | Restricted Stock Vesting |
| Vukasin Paunovich Officer | Aug 10, 2026 | 44,394 | $481.67K | Aug 10, 2026 | Restricted Stock Vesting |
| Lisa K. Miller Officer | Aug 10, 2026 | 47,912 | $519.85K | Aug 10, 2026 | Restricted Stock Vesting |
| Summit Investors GE IX/VC IV (UK), L.P. Owner | Aug 10, 2026 | 1,273 | $13.52K | Aug 10, 2026 | Pre-IPO Transactions |
| Summit Investors GE IX-VC IV, LLC Owner | Aug 10, 2026 | 12,165 | $129.19K | Aug 10, 2026 | Pre-IPO Transactions |
| Summit Partners Entrepreneur Advisors Fund II, L.P. Owner | Aug 10, 2026 | 1,626 | $17.27K | Aug 10, 2026 | Pre-IPO Transactions |
| Summit Partners Growth Equity Fund IX-B, L.P. Owner | Aug 10, 2026 | 1,088,162 | $11.56M | Aug 10, 2026 | Pre-IPO Transactions |
| Summit Partners Growth Equity Fund IX-A, L.P. Owner | Aug 10, 2026 | 1,742,770 | $18.51M | Aug 10, 2026 | Pre-IPO Transactions |
| TPG VIII Lynnwood Holdings Aggregation, L.P. Stockholder | Aug 10, 2026 | 13,643,207 | $147.89M | Aug 10, 2026 | The shares of Common Stock reported herein were originally acquired by Seller from Issuer in a reorganization that preceded its initial public offering. |
| Robert Bessler Director | Jun 26, 2026 | 894,337 | $9.06M | Jun 26, 2026 | Private Placement |
| Robert Bessler Director | May 7, 2026 | 75,000 | $641.58K | May 7, 2026 | Private Placement |
| Robert Bessler Director | Apr 24, 2026 | 62,147 | $438.07K | Apr 24, 2026 | Private Placement |