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Lemonade, Inc.

LMND
Exchange
NYSE
Industry
Fire, Marine & Casualty Insurance
SEC CIK
0001691421

In the last 90 days, Lemonade, Inc. insiders filed 0 open-market purchases and 6 sales; 339 institutions reported holding it in 13F filings for Q2 2026, worth $2.92B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Lemonade, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
250
−11 vs. Q4 2024
Shares held
43.8M
+275.2K (+0.6%) vs. Q4 2024
Total value
$1.38B
−$220.1M (−13.8%) vs. Q4 2024
New holders
47
72 more added
Sold out
58
70 more reduced

8 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LMND on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 250 institutions
Q1 2021: 302 institutionsQ2 2021: 315 institutionsQ3 2021: 289 institutionsQ4 2021: 266 institutionsQ1 2022: 237 institutionsQ2 2022: 216 institutionsQ3 2022: 229 institutionsQ4 2022: 225 institutionsQ1 2023: 216 institutionsQ2 2023: 220 institutionsQ3 2023: 203 institutionsQ4 2023: 216 institutionsQ1 2024: 205 institutionsQ2 2024: 214 institutionsQ3 2024: 224 institutionsQ4 2024: 269 institutionsQ1 2025: 250 institutionsQ2 2025: 277 institutionsQ3 2025: 300 institutionsQ4 2025: 354 institutionsQ1 2026: 346 institutionsQ2 2026: 339 institutions
Value heldQ1 2025: $1.38B
Q1 2021: $2.94BQ2 2021: $3.58BQ3 2021: $2.37BQ4 2021: $1.54BQ1 2022: $876.3MQ2 2022: $606.8MQ3 2022: $739.4MQ4 2022: $494.9MQ1 2023: $513.2MQ2 2023: $639.3MQ3 2023: $435.7MQ4 2023: $627.5MQ1 2024: $656.0MQ2 2024: $686.1MQ3 2024: $677.2MQ4 2024: $1.60BQ1 2025: $1.38BQ2 2025: $1.97BQ3 2025: $2.36BQ4 2025: $3.16BQ1 2026: $2.70BQ2 2026: $2.92B
Institutions holding LMND and their total value by quarter
QuarterHoldersValue
Q2 2026339$2.92B
Q1 2026346$2.70B
Q4 2025354$3.16B
Q3 2025300$2.36B
Q2 2025277$1.97B
Q1 2025250$1.38B
Q4 2024269$1.60B
Q3 2024224$677.2M
Q2 2024214$686.1M
Q1 2024205$656.0M
Q4 2023216$627.5M
Q3 2023203$435.7M
Q2 2023220$639.3M
Q1 2023216$513.2M
Q4 2022225$494.9M
Q3 2022229$739.4M
Q2 2022216$606.8M
Q1 2022237$876.3M
Q4 2021266$1.54B
Q3 2021289$2.37B
Q2 2021315$3.58B
Q1 2021302$2.94B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Lemonade, Inc.; share changes are against Q4 2024.

Institutions holding LMND in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Softbank Group Corp10,452,476$328.5M1.12%−246,735−2.3%Reduced
Vanguard Group Inc6,138,444$192.9M0.00%+794,952+14.9%Added
BlackRock, Inc.3,996,648$125.6M0.00%−39,650−1.0%Reduced
Baillie Gifford & Co3,167,845$99.6M0.09%−216,042−6.4%Reduced
D. E. Shaw & Co., Inc.2,205,884$69.3M0.08%−565,807−20.4%Reduced
JPMorgan Chase & Co2,151,366$67.6M0.01%+802,010+59.4%Added
State Street Corp1,714,717$53.9M0.00%+50,707+3.0%Added
Geode Capital Management, LLC1,237,090$38.9M0.00%+33,140+2.8%Added
Morgan Stanley802,275$25.2M0.00%−2,930−0.4%Reduced
Bank of America Corp775,756$24.4M0.00%+469,094+153.0%Added
Goldman Sachs Group Inc612,292$19.2M0.00%+41,759+7.3%Added
Squarepoint Ops LLC558,723$17.6M0.04%+37,813+7.3%Added
Northern Trust Corp548,611$17.2M0.00%−13,891−2.5%Reduced
Citadel Advisors LLC483,959$15.2M0.01%−119,173−19.8%Reduced
Halter Ferguson Financial Inc.476,764$15.0M8.18%+183,974+62.8%Added
Group One Trading, L.P.453,310$14.2M0.59%+171,845+61.1%Added
Charles Schwab Investment Management Inc442,238$13.9M0.00%−9,926−2.2%Reduced
Two Sigma Investments, LP399,509$12.6M0.03%−202,066−33.6%Reduced
BIT Capital GmbH362,909$11.4M1.37%−36,811−9.2%Reduced
Millennium Management LLC329,934$10.4M0.01%+237,044+255.2%Added
Analyst IMS Investment Management Services Ltd.316,400$9.94M0.39%+316,400New
Marshall Wace, LLP300,645$9.45M0.01%+300,645New
Two Sigma Advisers, LP285,266$8.97M0.02%−134,900−32.1%Reduced
Connor, Clark & Lunn Investment Management Ltd.246,076$7.73M0.03%−29,085−10.6%Reduced
Trexquant Investment LP229,354$7.21M0.08%−96,160−29.5%Reduced
Philo Smith Capital Corp193,250$6.07M1.67%00.0%Unchanged
PDT Partners, LLC191,621$6.02M0.43%+73,030+61.6%Added
Deutsche Bank AG179,257$5.63M0.00%−2,824−1.6%Reduced
First Trust Advisors LP167,618$5.27M0.00%−16,730−9.1%Reduced
Bank of New York Mellon Corp153,682$4.83M0.00%+2,496+1.7%Added
Tudor Investment Corp Et Al153,391$4.82M0.04%−126,480−45.2%Reduced
Invesco Ltd.147,319$4.63M0.00%+70,601+92.0%Added
Nuveen, LLC140,806$4.43M0.00%+140,806New
Balyasny Asset Management LLC140,432$4.41M0.01%+140,432New
FMR LLC139,070$4.37M0.00%+41,910+43.1%Added
Jump Financial, LLC124,807$3.92M0.06%+117,523+1,613.4%Added
UBS Group AG121,736$3.83M0.00%−269,992−68.9%Reduced
Landscape Capital Management, L.L.C.111,931$3.52M0.31%+99,548+803.9%Added
NZS Capital, LLC108,970$3.42M0.15%+108,970New
Swiss National Bank103,800$3.26M0.00%−1,000−1.0%Reduced
Teachers Retirement System of the State of Kentucky102,025$3.21M0.03%−4,500−4.2%Reduced
Barclays PLC101,293$3.18M0.00%−17,787−14.9%Reduced
Ameriprise Financial Inc96,481$3.03M0.00%−2,216−2.2%Reduced
BNP Paribas Arbitrage, SA92,771$2.92M0.00%+22,475+32.0%Added
Liontrust Investment Partners LLP88,848$2.79M0.04%+88,848New
Susquehanna International Group, LLP88,281$2.77M0.00%+51,622+140.8%Added
UBS Asset Management Americas Inc82,930$2.61M0.00%−8,119−8.9%Reduced
Mirae Asset Global ETFs Holdings Ltd.79,779$2.51M0.01%−3,988−4.8%Reduced
Rhumbline Advisers77,706$2.44M0.00%+2,001+2.6%Added
Blueshift Asset Management, LLC73,990$2.33M0.92%+73,990New
Renaissance Technologies LLC73,907$2.32M0.00%−124,280−62.7%Reduced
Dimensional Fund Advisors LP61,323$1.93M0.00%−721−1.2%Reduced
Udine Wealth Management, Inc.57,531$1.81M1.21%+57,531New
Wells Fargo & Company57,440$1.81M0.00%+2,219+4.0%Added
Amtrust Financial Services, Inc.56,644$1.78M0.86%00.0%Unchanged
Alliancebernstein L.P.55,555$1.75M0.00%00.0%Unchanged
Legal & General Group Plc55,001$1.73M0.00%−137−0.2%Reduced
Nia Impact Advisors, LLC53,250$1.67M0.62%+8,320+18.5%Added
Walleye Trading LLC52,429$1.65M0.05%+51,955+10,961.0%Added
Gsa Capital Partners LLP51,195$1.61M0.15%+15,458+43.3%Added
Main Management ETF Advisors, LLC50,470$1.59M0.10%+16,294+47.7%Added
California State Teachers Retirement System48,573$1.53M0.00%−1,168−2.3%Reduced
Caxton Associates LLP46,284$1.45M0.05%+46,284New
Parallax Volatility Advisers, L.P.45,144$1.42M0.05%+9,114+25.3%Added
Citigroup Inc44,158$1.39M0.00%−20,646−31.9%Reduced
Price T Rowe Associates Inc42,880$1.35M0.00%+12,307+40.3%Added
LPL Financial LLC38,161$1.20M0.00%+1,966+5.4%Added
Simplex Trading, LLC36,769$1.16M0.04%+28,952+370.4%Added
Toroso Investments, LLC36,331$1.14M0.01%−880−2.4%Reduced
Jane Street Group, LLC32,854$1.03M0.00%−40,179−55.0%Reduced
Manufacturers Life Insurance Company, The31,955$1.00M0.00%+955+3.1%Added
Intech Investment Management LLC31,837$1.00M0.01%+8,319+35.4%Added
MetLife Investment Management30,599$961.7K0.01%−469−1.5%Reduced
AQR Capital Management LLC30,490$958.3K0.00%+15,779+107.3%Added
Illumine Investment Management, LLC30,478$957.9K0.78%+201+0.7%Added
Janus Henderson Group PLC26,851$872.5K0.00%00.0%Unchanged
BG Investment Services, Inc.26,000$817.2K0.88%+26,000New
Norges Bank25,656$806.4K0.00%00.0%Unchanged
Corebridge Financial, Inc.25,584$804.1K0.00%−378−1.5%Reduced
Employees Retirement System of Texas24,459$769.0K0.01%00.0%Unchanged
Advisor Group Holdings, Inc.22,976$722.1K0.00%+5,289+29.9%Added
Edgestream Partners, L.P.22,622$711.0K0.02%+22,622New
United Capital Management of KS, Inc.21,922$689.0K0.14%+21,922New
Dynamic Technology Lab Private Ltd20,310$638.0K0.09%+20,310New
MYDA Advisors LLC20,000$628.6K0.22%+20,000New
Van Eck Associates Corp18,537$583.0K0.00%+1,098+6.3%Added
New York State Common Retirement Fund18,128$569.8K0.00%00.0%Unchanged
Verition Fund Management LLC17,539$551.3K0.00%−32,262−64.8%Reduced
Fluent Financial, LLC17,342$545.1K0.24%+17,342New
Great West Life Assurance Co15,925$502.0K0.00%+2,861+21.9%Added
Arizona State Retirement System15,362$482.8K0.00%−98−0.6%Reduced
Raymond James Financial Inc14,769$464.2K0.00%−29,205−66.4%Reduced
State of Wisconsin Investment Board14,741$463.3K0.00%+730+5.2%Added
Bristlecone Advisors, LLC14,577$458.2K0.04%00.0%Unchanged
State Board of Administration of Florida Retirement System14,516$456.2K0.00%00.0%Unchanged
Algert Global LLC14,372$451.7K0.01%−39,335−73.2%Reduced
Wolverine Trading, LLC13,861$450.1K0.01%−43,129−75.7%Reduced
Susquehanna Fundamental Investments, LLC14,300$449.4K0.01%00.0%Unchanged
Voya Investment Management LLC14,083$442.6K0.00%−1,417−9.1%Reduced
Nomura Holdings Inc13,230$415.8K0.00%+13,230New