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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
Manufacturers Life Insurance Company, The32,901$1.44M0.00%+946+3.0%Added
MetLife Investment Management33,228$1.46M0.01%+2,629+8.6%Added
Dark Forest Capital Management LP36,248$1.59M0.06%+23,100+175.7%Added
Engineers Gate Manager LP36,331$1.59M0.02%+36,331New
Toroso Investments, LLC41,325$1.81M0.01%+4,994+13.7%Added
Quantbot Technologies LP42,491$1.86M0.05%+42,491New
Capital Fund Management S.A.45,296$1.98M0.02%+45,296New
Caxton Associates LLP46,284$2.03M0.05%00.0%Unchanged
LPL Financial LLC47,197$2.07M0.00%+9,036+23.7%Added
Price T Rowe Associates Inc48,905$2.14M0.00%+6,025+14.1%Added
California State Teachers Retirement System49,388$2.16M0.00%+815+1.7%Added
Parallax Volatility Advisers, L.P.49,586$2.17M0.09%+4,442+9.8%Added
Landscape Capital Management, L.L.C.50,790$2.23M0.17%−61,141−54.6%Reduced
Main Management ETF Advisors, LLC51,310$2.25M0.09%+840+1.7%Added
Point72 Asset Management, L.P.52,113$2.28M0.01%+52,113New
Federated Hermes, Inc.53,250$2.33M0.00%+53,250New
Gsa Capital Partners LLP55,054$2.41M0.17%+3,859+7.5%Added
Wells Fargo & Company56,102$2.46M0.00%−1,338−2.3%Reduced
Amtrust Financial Services, Inc.56,644$2.48M0.88%00.0%Unchanged
Liontrust Investment Partners LLP58,609$2.57M0.04%−30,239−34.0%Reduced
Legal & General Group Plc58,928$2.58M0.00%+3,927+7.1%Added
Alliancebernstein L.P.69,855$3.06M0.00%+14,300+25.7%Added
X-Square Capital, LLC70,571$3.09M1.11%+70,571New
Millennium Management LLC75,656$3.31M0.00%−254,278−77.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.76,991$3.37M0.01%−2,788−3.5%Reduced
Nia Impact Advisors, LLC78,536$3.44M1.19%+25,286+47.5%Added
Walleye Trading LLC78,707$3.45M0.08%+26,278+50.1%Added
PEAK6 LLC83,002$3.64M0.12%+74,679+897.3%Added
Rhumbline Advisers85,220$3.73M0.00%+7,514+9.7%Added
Ameriprise Financial Inc87,239$3.82M0.00%−9,242−9.6%Reduced
Teachers Retirement System of the State of Kentucky94,887$4.16M0.03%−7,138−7.0%Reduced
Trexquant Investment LP100,228$4.39M0.05%−129,126−56.3%Reduced
Swiss National Bank103,800$4.55M0.00%00.0%Unchanged
NZS Capital, LLC119,708$5.24M0.18%+10,738+9.9%Added
Nuveen, LLC123,649$5.42M0.00%−17,157−12.2%Reduced
Verition Fund Management LLC137,274$6.01M0.03%+119,735+682.7%Added
Barclays PLC137,694$6.03M0.00%+36,401+35.9%Added
FMR LLC144,412$6.33M0.00%+5,342+3.8%Added
UBS Asset Management Americas Inc150,841$6.61M0.00%+67,911+81.9%Added
First Trust Advisors LP155,140$6.80M0.01%−12,478−7.4%Reduced
Bank of New York Mellon Corp160,328$7.02M0.00%+6,646+4.3%Added
Invesco Ltd.163,341$7.16M0.00%+16,022+10.9%Added
Philo Smith Capital Corp173,250$7.59M2.11%−20,000−10.3%Reduced
Tudor Investment Corp Et Al186,076$8.15M0.06%+32,685+21.3%Added
Deutsche Bank AG190,982$8.37M0.00%+11,725+6.5%Added
Aquatic Capital Management LLC205,161$8.99M0.18%+205,161New
Susquehanna International Group, LLP206,507$9.05M0.01%+118,226+133.9%Added
Hidden Lake Asset Management LP211,070$9.25M4.54%+211,070New
PDT Partners, LLC254,971$11.2M0.63%+63,350+33.1%Added
Cubist Systematic Strategies, LLC268,672$11.8M0.13%+268,672New
BNP Paribas Arbitrage, SA273,241$12.0M0.01%+180,470+194.5%Added
Connor, Clark & Lunn Investment Management Ltd.281,724$12.3M0.04%+35,648+14.5%Added
Two Sigma Advisers, LP282,566$12.4M0.03%−2,700−0.9%Reduced
Halter Ferguson Financial Inc.286,103$12.5M4.62%−190,661−40.0%Reduced
Group One Trading, L.P.291,949$12.8M0.42%−161,361−35.6%Reduced
Dimensional Fund Advisors LP323,563$14.2M0.00%+262,240+427.6%Added
Charles Schwab Investment Management Inc464,332$20.3M0.00%+22,094+5.0%Added
Two Sigma Investments, LP560,764$24.6M0.04%+161,255+40.4%Added
Northern Trust Corp562,939$24.7M0.00%+14,328+2.6%Added
Analyst IMS Investment Management Services Ltd.571,768$25.0M0.86%+255,368+80.7%Added
Jump Financial, LLC581,378$25.5M0.31%+456,571+365.8%Added
Citadel Advisors LLC589,368$25.8M0.02%+105,409+21.8%Added
Jane Street Group, LLC601,098$26.3M0.04%+568,244+1,729.6%Added
Squarepoint Ops LLC616,247$27.0M0.06%+57,524+10.3%Added
Goldman Sachs Group Inc656,637$28.8M0.00%+44,345+7.2%Added
BIT Capital GmbH740,921$32.5M2.11%+378,012+104.2%Added
UBS Group AG868,372$38.0M0.01%+746,636+613.3%Added
Bank of America Corp993,669$43.5M0.00%+217,913+28.1%Added
Geode Capital Management, LLC1,297,943$56.9M0.00%+60,853+4.9%Added
State Street Corp1,616,437$70.8M0.00%−98,280−5.7%Reduced
Morgan Stanley1,814,894$79.5M0.01%+1,012,619+126.2%Added
D. E. Shaw & Co., Inc.2,218,997$97.2M0.10%+13,113+0.6%Added
JPMorgan Chase & Co2,674,149$117.2M0.01%+522,783+24.3%Added
Baillie Gifford & Co3,110,282$136.3M0.10%−57,563−1.8%Reduced
BlackRock, Inc.4,154,512$182.0M0.00%+157,864+3.9%Added
Softbank Group Corp5,958,698$261.1M1.05%−4,493,778−43.0%Reduced
Vanguard Group Inc6,221,285$272.6M0.00%+82,841+1.3%Added
Balyasny Asset Management LLC0$00.00%−140,432−100.0%Sold out
Renaissance Technologies LLC0$00.00%−73,907−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−25,584−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−20,310−100.0%Sold out
Bristlecone Advisors, LLC0$00.00%−14,577−100.0%Sold out
Wolverine Trading, LLC0$00.00%−13,861−100.0%Sold out
Nomura Holdings Inc0$00.00%−13,230−100.0%Sold out
StoneX Group Inc.0$00.00%−11,172−100.0%Sold out
Atria Investments LLC0$00.00%−10,120−100.0%Sold out
Gallagher Fiduciary Advisors, LLC0$00.00%−10,100−100.0%Sold out
Meitav Dash Investments Ltd0$00.00%−7,207−100.0%Sold out
111 Capital0$00.00%−6,655−100.0%Sold out
Scientech Research LLC0$00.00%−6,609−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−6,000−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−1,780−100.0%Sold out
HighTower Advisors, LLC0$00.00%−1,600−100.0%Sold out
State of Wyoming0$00.00%−1,546−100.0%Sold out
Hollencrest Capital Management0$00.00%−1,309−100.0%Sold out
Boston Private Wealth LLC0$00.00%−814−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−405−100.0%Sold out
CoreCap Advisors, LLC0$00.00%−287−100.0%Sold out
EMC Capital Management0$00.00%−250−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−143−100.0%Sold out