Open Lending Corporation experienced a notable reconstitution within the Russell family of indices on June 30, 2025. The company was added to the Russell 3000 Value Index, Russell 2500 Value Index, Russell Small Cap Comp Value Index, Russell 3000E Index, and Russell Microcap Index. These additions reflect a reclassification of the company's investment style and market capitalization.
Concurrently, Open Lending was dropped from several growth-oriented indices, including the Russell 3000 Growth Index, Russell 2500 Growth Index, Russell Small Cap Comp Growth Index, and Russell 3000E Growth Index. The company was also dropped from the Russell 2000 Growth Index and added to the Russell 2000 Value Index.
Additionally, on June 22, 2025, Open Lending was dropped from the S&P Capital Markets Select Industry Index. These changes collectively indicate a re-evaluation of Open Lending's profile by index providers, moving it from growth-focused small-cap indices to value-oriented and microcap classifications.
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