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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, Q2 2025

Institutional positions in Lemonade, Inc. as of Jun 30, 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
277
+29 vs. Q1 2025
Shares held
45.0M
+1.22M (+2.8%) vs. Q1 2025
Total value
$1.97B
+$595.5M (+43.3%) vs. Q1 2025
New holders
64
97 more added
Sold out
35
52 more reduced

2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 277 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 heldQ2 2025: $1.97B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Lemonade, Inc.; share changes are against Q1 2025.

Institutions holding LMND in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc6,221,285$272.6M0.00%+82,841+1.3%Added
Softbank Group Corp5,958,698$261.1M1.05%−4,493,778−43.0%Reduced
BlackRock, Inc.4,154,512$182.0M0.00%+157,864+3.9%Added
Baillie Gifford & Co3,110,282$136.3M0.10%−57,563−1.8%Reduced
JPMorgan Chase & Co2,674,149$117.2M0.01%+522,783+24.3%Added
D. E. Shaw & Co., Inc.2,218,997$97.2M0.10%+13,113+0.6%Added
Morgan Stanley1,814,894$79.5M0.01%+1,012,619+126.2%Added
State Street Corp1,616,437$70.8M0.00%−98,280−5.7%Reduced
Geode Capital Management, LLC1,297,943$56.9M0.00%+60,853+4.9%Added
Bank of America Corp993,669$43.5M0.00%+217,913+28.1%Added
UBS Group AG868,372$38.0M0.01%+746,636+613.3%Added
BIT Capital GmbH740,921$32.5M2.11%+378,012+104.2%Added
Goldman Sachs Group Inc656,637$28.8M0.00%+44,345+7.2%Added
Squarepoint Ops LLC616,247$27.0M0.06%+57,524+10.3%Added
Jane Street Group, LLC601,098$26.3M0.04%+568,244+1,729.6%Added
Citadel Advisors LLC589,368$25.8M0.02%+105,409+21.8%Added
Jump Financial, LLC581,378$25.5M0.31%+456,571+365.8%Added
Analyst IMS Investment Management Services Ltd.571,768$25.0M0.86%+255,368+80.7%Added
Northern Trust Corp562,939$24.7M0.00%+14,328+2.6%Added
Two Sigma Investments, LP560,764$24.6M0.04%+161,255+40.4%Added
Charles Schwab Investment Management Inc464,332$20.3M0.00%+22,094+5.0%Added
Dimensional Fund Advisors LP323,563$14.2M0.00%+262,240+427.6%Added
Group One Trading, L.P.291,949$12.8M0.42%−161,361−35.6%Reduced
Halter Ferguson Financial Inc.286,103$12.5M4.62%−190,661−40.0%Reduced
Two Sigma Advisers, LP282,566$12.4M0.03%−2,700−0.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.281,724$12.3M0.04%+35,648+14.5%Added
BNP Paribas Arbitrage, SA273,241$12.0M0.01%+180,470+194.5%Added
Cubist Systematic Strategies, LLC268,672$11.8M0.13%+268,672New
PDT Partners, LLC254,971$11.2M0.63%+63,350+33.1%Added
Hidden Lake Asset Management LP211,070$9.25M4.54%+211,070New
Susquehanna International Group, LLP206,507$9.05M0.01%+118,226+133.9%Added
Aquatic Capital Management LLC205,161$8.99M0.18%+205,161New
Deutsche Bank AG190,982$8.37M0.00%+11,725+6.5%Added
Tudor Investment Corp Et Al186,076$8.15M0.06%+32,685+21.3%Added
Philo Smith Capital Corp173,250$7.59M2.11%−20,000−10.3%Reduced
Invesco Ltd.163,341$7.16M0.00%+16,022+10.9%Added
Bank of New York Mellon Corp160,328$7.02M0.00%+6,646+4.3%Added
First Trust Advisors LP155,140$6.80M0.01%−12,478−7.4%Reduced
UBS Asset Management Americas Inc150,841$6.61M0.00%+67,911+81.9%Added
FMR LLC144,412$6.33M0.00%+5,342+3.8%Added
Barclays PLC137,694$6.03M0.00%+36,401+35.9%Added
Verition Fund Management LLC137,274$6.01M0.03%+119,735+682.7%Added
Nuveen, LLC123,649$5.42M0.00%−17,157−12.2%Reduced
NZS Capital, LLC119,708$5.24M0.18%+10,738+9.9%Added
Swiss National Bank103,800$4.55M0.00%00.0%Unchanged
Trexquant Investment LP100,228$4.39M0.05%−129,126−56.3%Reduced
Teachers Retirement System of the State of Kentucky94,887$4.16M0.03%−7,138−7.0%Reduced
Ameriprise Financial Inc87,239$3.82M0.00%−9,242−9.6%Reduced
Rhumbline Advisers85,220$3.73M0.00%+7,514+9.7%Added
PEAK6 LLC83,002$3.64M0.12%+74,679+897.3%Added
Walleye Trading LLC78,707$3.45M0.08%+26,278+50.1%Added
Nia Impact Advisors, LLC78,536$3.44M1.19%+25,286+47.5%Added
Mirae Asset Global ETFs Holdings Ltd.76,991$3.37M0.01%−2,788−3.5%Reduced
Millennium Management LLC75,656$3.31M0.00%−254,278−77.1%Reduced
X-Square Capital, LLC70,571$3.09M1.11%+70,571New
Alliancebernstein L.P.69,855$3.06M0.00%+14,300+25.7%Added
Legal & General Group Plc58,928$2.58M0.00%+3,927+7.1%Added
Liontrust Investment Partners LLP58,609$2.57M0.04%−30,239−34.0%Reduced
Amtrust Financial Services, Inc.56,644$2.48M0.88%00.0%Unchanged
Wells Fargo & Company56,102$2.46M0.00%−1,338−2.3%Reduced
Gsa Capital Partners LLP55,054$2.41M0.17%+3,859+7.5%Added
Federated Hermes, Inc.53,250$2.33M0.00%+53,250New
Point72 Asset Management, L.P.52,113$2.28M0.01%+52,113New
Main Management ETF Advisors, LLC51,310$2.25M0.09%+840+1.7%Added
Landscape Capital Management, L.L.C.50,790$2.23M0.17%−61,141−54.6%Reduced
Parallax Volatility Advisers, L.P.49,586$2.17M0.09%+4,442+9.8%Added
California State Teachers Retirement System49,388$2.16M0.00%+815+1.7%Added
Price T Rowe Associates Inc48,905$2.14M0.00%+6,025+14.1%Added
LPL Financial LLC47,197$2.07M0.00%+9,036+23.7%Added
Caxton Associates LLP46,284$2.03M0.05%00.0%Unchanged
Capital Fund Management S.A.45,296$1.98M0.02%+45,296New
Quantbot Technologies LP42,491$1.86M0.05%+42,491New
Toroso Investments, LLC41,325$1.81M0.01%+4,994+13.7%Added
Engineers Gate Manager LP36,331$1.59M0.02%+36,331New
Dark Forest Capital Management LP36,248$1.59M0.06%+23,100+175.7%Added
MetLife Investment Management33,228$1.46M0.01%+2,629+8.6%Added
Manufacturers Life Insurance Company, The32,901$1.44M0.00%+946+3.0%Added
Citigroup Inc32,223$1.41M0.00%−11,935−27.0%Reduced
Udine Wealth Management, Inc.32,059$1.40M0.84%−25,472−44.3%Reduced
Illumine Investment Management, LLC31,549$1.38M1.10%+1,071+3.5%Added
Twinbeech Capital LP31,064$1.36M0.03%+31,064New
Advisor Group Holdings, Inc.29,416$1.29M0.00%+6,440+28.0%Added
Brevan Howard Capital Management LP29,011$1.27M0.01%+29,011New
Simplex Trading, LLC28,824$1.26M0.03%−7,945−21.6%Reduced
Intech Investment Management LLC26,572$1.16M0.01%−5,265−16.5%Reduced
Y-Intercept (Hong Kong) Ltd26,360$1.15M0.03%+26,360New
BG Investment Services, Inc.26,000$1.14M1.42%00.0%Unchanged
Norges Bank25,656$1.12M0.00%00.0%Unchanged
Royal Bank of Canada24,960$1.09M0.00%+17,403+230.3%Added
Maverick Capital LtdSuperinvestorMaverick Capital24,594$1.08M0.02%+24,594New
Employees Retirement System of Texas24,459$1.07M0.01%00.0%Unchanged
IMC-Chicago, LLC24,349$1.07M0.03%+11,838+94.6%Added
Tower Research Capital LLC (TRC)23,607$1.03M0.03%+21,871+1,259.9%Added
United Capital Management of KS, Inc.23,504$1.03M0.16%+1,582+7.2%Added
Raymond James Financial Inc23,271$1.02M0.00%+8,502+57.6%Added
Marshall Wace, LLP23,052$1.01M0.00%−277,593−92.3%Reduced
Van Eck Associates Corp21,698$951.0K0.00%+3,161+17.1%Added
Janus Henderson Group PLC21,451$939.0K0.00%−5,400−20.1%Reduced
Blueshift Asset Management, LLC19,165$839.6K0.26%−54,825−74.1%Reduced
AQR Capital Management LLC19,108$837.1K0.00%−11,382−37.3%Reduced