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, Q3 2025
Institutional positions in Lemonade, Inc. as of Sep 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
- 300
- +25 vs. Q2 2025
- Shares held
- 44.1M
- −840.6K (−1.9%) vs. Q2 2025
- Total value
- $2.36B
- +$392.4M (+19.9%) vs. Q2 2025
- New holders
- 69
- 94 more added
- Sold out
- 44
- 77 more reduced
2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 339 | $2.92B |
| Q1 2026 | 346 | $2.70B |
| Q4 2025 | 354 | $3.16B |
| Q3 2025 | 300 | $2.36B |
| Q2 2025 | 277 | $1.97B |
| Q1 2025 | 250 | $1.38B |
| Q4 2024 | 269 | $1.60B |
| Q3 2024 | 224 | $677.2M |
| Q2 2024 | 214 | $686.1M |
| Q1 2024 | 205 | $656.0M |
| Q4 2023 | 216 | $627.5M |
| Q3 2023 | 203 | $435.7M |
| Q2 2023 | 220 | $639.3M |
| Q1 2023 | 216 | $513.2M |
| Q4 2022 | 225 | $494.9M |
| Q3 2022 | 229 | $739.4M |
| Q2 2022 | 216 | $606.8M |
| Q1 2022 | 237 | $876.3M |
| Q4 2021 | 266 | $1.54B |
| Q3 2021 | 289 | $2.37B |
| Q2 2021 | 315 | $3.58B |
| Q1 2021 | 302 | $2.94B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Lemonade, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 6,279,141 | $336.1M | 0.01% | +57,856+0.9% | Added |
| BlackRock, Inc. | 4,463,441 | $238.9M | 0.00% | +308,929+7.4% | Added |
| Softbank Group Corp | 3,563,924 | $190.8M | 0.73% | −2,394,774−40.2% | Reduced |
| JPMorgan Chase & Co | 3,506,171 | $187.7M | 0.01% | +832,022+31.1% | Added |
| Baillie Gifford & Co | 2,942,056 | $157.5M | 0.12% | −168,226−5.4% | Reduced |
| D. E. Shaw & Co., Inc. | 1,817,868 | $97.3M | 0.08% | −401,129−18.1% | Reduced |
| State Street Corp | 1,543,645 | $82.6M | 0.00% | −72,792−4.5% | Reduced |
| Geode Capital Management, LLC | 1,370,796 | $73.4M | 0.00% | +72,853+5.6% | Added |
| Morgan Stanley | 1,311,253 | $70.2M | 0.00% | −503,641−27.8% | Reduced |
| BIT Capital GmbH | 1,254,345 | $67.1M | 3.06% | +513,424+69.3% | Added |
| Bank of America Corp | 831,072 | $44.5M | 0.00% | −162,597−16.4% | Reduced |
| Two Sigma Investments, LP | 813,062 | $43.5M | 0.07% | +252,298+45.0% | Added |
| Deutsche Bank AG | 801,865 | $42.9M | 0.01% | +610,883+319.9% | Added |
| UBS Group AG | 704,092 | $37.7M | 0.01% | −164,280−18.9% | Reduced |
| Citadel Advisors LLC | 642,367 | $34.4M | 0.03% | +52,999+9.0% | Added |
| Analyst IMS Investment Management Services Ltd. | 617,878 | $33.1M | 1.03% | +46,110+8.1% | Added |
| Northern Trust Corp | 587,728 | $31.5M | 0.00% | +24,789+4.4% | Added |
| Halter Ferguson Financial Inc. | 575,906 | $30.8M | 7.48% | +289,803+101.3% | Added |
| Goldman Sachs Group Inc | 575,354 | $30.8M | 0.00% | −81,283−12.4% | Reduced |
| Price T Rowe Associates Inc | 518,854 | $27.8M | 0.00% | +469,949+960.9% | Added |
| Charles Schwab Investment Management Inc | 509,143 | $27.3M | 0.00% | +44,811+9.7% | Added |
| Susquehanna International Group, LLP | 392,002 | $21.0M | 0.03% | +185,495+89.8% | Added |
| Two Sigma Advisers, LP | 387,066 | $20.7M | 0.04% | +104,500+37.0% | Added |
| Jump Financial, LLC | 344,404 | $18.4M | 0.23% | −236,974−40.8% | Reduced |
| Dimensional Fund Advisors LP | 335,110 | $17.9M | 0.00% | +11,547+3.6% | Added |
| FMR LLC | 272,861 | $14.6M | 0.00% | +128,449+88.9% | Added |
| BNP Paribas Arbitrage, SA | 250,537 | $13.4M | 0.01% | −22,704−8.3% | Reduced |
| Group One Trading, L.P. | 229,360 | $12.3M | 0.37% | −62,589−21.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 222,604 | $11.9M | 0.04% | −59,120−21.0% | Reduced |
| Tudor Investment Corp Et Al | 216,074 | $11.6M | 0.07% | +29,998+16.1% | Added |
| X-Square Capital, LLC | 213,199 | $11.4M | 3.56% | +142,628+202.1% | Added |
| Holocene Advisors, LP | 212,385 | $11.4M | 0.03% | +212,385 | New |
| Qube Research & Technologies Ltd | 207,940 | $11.1M | 0.02% | +207,940 | New |
| PDT Partners, LLC | 195,546 | $10.5M | 0.66% | −59,425−23.3% | Reduced |
| Millennium Management LLC | 174,306 | $9.33M | 0.01% | +98,650+130.4% | Added |
| Philo Smith Capital Corp | 173,250 | $9.27M | 2.58% | 00.0% | Unchanged |
| Jupiter Asset Management Ltd | 169,260 | $9.06M | 0.08% | +169,260 | New |
| Bank of New York Mellon Corp | 157,602 | $8.44M | 0.00% | −2,726−1.7% | Reduced |
| Federated Hermes, Inc. | 157,592 | $8.44M | 0.01% | +104,342+195.9% | Added |
| Ameriprise Financial Inc | 157,331 | $8.40M | 0.00% | +70,092+80.3% | Added |
| Nuveen, LLC | 152,078 | $8.14M | 0.00% | +28,429+23.0% | Added |
| Privium Fund Management B.V. | 145,000 | $7.76M | 1.40% | +145,000 | New |
| First Trust Advisors LP | 141,308 | $7.56M | 0.01% | −13,832−8.9% | Reduced |
| NZS Capital, LLC | 129,084 | $6.91M | 0.21% | +9,376+7.8% | Added |
| Swiss National Bank | 113,600 | $6.08M | 0.00% | +9,800+9.4% | Added |
| Walleye Trading LLC | 106,081 | $5.68M | 0.09% | +27,374+34.8% | Added |
| Trexquant Investment LP | 104,967 | $5.62M | 0.06% | +4,739+4.7% | Added |
| Wells Fargo & Company | 104,538 | $5.60M | 0.00% | +48,436+86.3% | Added |
| Teachers Retirement System of the State of Kentucky | 93,387 | $5.00M | 0.04% | −1,500−1.6% | Reduced |
| UBS Asset Management Americas Inc | 93,097 | $4.98M | 0.00% | −57,744−38.3% | Reduced |
| Canada Pension Plan Investment Board | 86,400 | $4.62M | 0.00% | +86,400 | New |
| Barclays PLC | 86,165 | $4.61M | 0.00% | −51,529−37.4% | Reduced |
| Jane Street Group, LLC | 85,011 | $4.55M | 0.01% | −516,087−85.9% | Reduced |
| Verition Fund Management LLC | 83,150 | $4.45M | 0.03% | −54,124−39.4% | Reduced |
| Rhumbline Advisers | 82,581 | $4.42M | 0.00% | −2,639−3.1% | Reduced |
| EAM Investors, LLC | 79,626 | $4.19M | 0.48% | +79,626 | New |
| Liontrust Investment Partners LLP | 72,514 | $3.88M | 0.06% | +13,905+23.7% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 69,243 | $3.71M | 0.01% | −7,748−10.1% | Reduced |
| Atika Capital Management LLC | 69,000 | $3.69M | 0.31% | +69,000 | New |
| Invesco Ltd. | 67,756 | $3.63M | 0.00% | −95,585−58.5% | Reduced |
| Nia Impact Advisors, LLC | 66,723 | $3.57M | 1.16% | −11,813−15.0% | Reduced |
| LPL Financial LLC | 65,112 | $3.49M | 0.00% | +17,915+38.0% | Added |
| Royal Bank of Canada | 63,793 | $3.42M | 0.00% | +38,833+155.6% | Added |
| Maverick Capital LtdSuperinvestorMaverick Capital | 61,849 | $3.31M | 0.04% | +37,255+151.5% | Added |
| Legal & General Group Plc | 60,311 | $3.23M | 0.00% | +1,383+2.3% | Added |
| Parallax Volatility Advisers, L.P. | 59,001 | $3.16M | 0.09% | +9,415+19.0% | Added |
| Amtrust Financial Services, Inc. | 56,644 | $3.03M | 1.01% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 55,821 | $2.99M | 0.00% | −14,034−20.1% | Reduced |
| California State Teachers Retirement System | 54,963 | $2.94M | 0.00% | +5,575+11.3% | Added |
| Raymond James Financial Inc | 54,309 | $2.91M | 0.00% | +31,038+133.4% | Added |
| Algert Global LLC | 51,664 | $2.77M | 0.05% | +35,762+224.9% | Added |
| DnB Asset Management AS | 51,288 | $2.75M | 0.01% | +51,288 | New |
| Simplex Trading, LLC | 48,755 | $2.61M | 0.06% | +19,931+69.1% | Added |
| Aquatic Capital Management LLC | 47,249 | $2.53M | 0.05% | −157,912−77.0% | Reduced |
| Caxton Associates LLP | 45,347 | $2.43M | 0.07% | −937−2.0% | Reduced |
| Toroso Investments, LLC | 40,886 | $2.19M | 0.01% | −439−1.1% | Reduced |
| State of New Jersey Common Pension Fund D | 37,916 | $2.03M | 0.01% | +37,916 | New |
| PEAK6 LLC | 37,835 | $2.03M | 0.05% | −45,167−54.4% | Reduced |
| IMC-Chicago, LLC | 34,573 | $1.85M | 0.03% | +10,224+42.0% | Added |
| Udine Wealth Management, Inc. | 33,213 | $1.78M | 0.85% | +1,154+3.6% | Added |
| Hidden Lake Asset Management LP | 33,109 | $1.77M | 0.71% | −177,961−84.3% | Reduced |
| MetLife Investment Management | 32,356 | $1.73M | 0.01% | −872−2.6% | Reduced |
| Manufacturers Life Insurance Company, The | 32,172 | $1.72M | 0.00% | −729−2.2% | Reduced |
| SG Americas Securities, LLC | 32,129 | $1.72M | 0.01% | +15,510+93.3% | Added |
| Walleye Capital LLC | 31,783 | $1.70M | 0.01% | +17,855+128.2% | Added |
| Brevan Howard Capital Management LP | 31,565 | $1.69M | 0.02% | +2,554+8.8% | Added |
| Illumine Investment Management, LLC | 31,511 | $1.69M | 1.20% | −38−0.1% | Reduced |
| Advisor Group Holdings, Inc. | 30,719 | $1.66M | 0.00% | +1,303+4.4% | Added |
| Intech Investment Management LLC | 29,795 | $1.59M | 0.01% | +3,223+12.1% | Added |
| Capital Fund Management S.A. | 28,237 | $1.51M | 0.02% | −17,059−37.7% | Reduced |
| Virtu Financial LLC | 26,216 | $1.40M | 0.08% | +26,216 | New |
| Janus Henderson Group PLC | 25,577 | $1.37M | 0.00% | +4,126+19.2% | Added |
| Prudential Financial Inc | 25,535 | $1.37M | 0.00% | +18,525+264.3% | Added |
| Employees Retirement System of Texas | 24,459 | $1.31M | 0.01% | 00.0% | Unchanged |
| United Capital Management of KS, Inc. | 24,117 | $1.29M | 0.18% | +613+2.6% | Added |
| Winton Group Ltd | 23,641 | $1.27M | 0.05% | +23,641 | New |
| Virginia Retirement Systems Et Al | 22,800 | $1.22M | 0.01% | +10,500+85.4% | Added |
| Fluent Financial, LLC | 22,360 | $1.20M | 0.47% | +5,915+36.0% | Added |
| Fortis Group Advisors, LLC | 19,455 | $1.17M | 0.20% | −1,375−6.6% | Reduced |
| AQR Capital Management LLC | 21,410 | $1.15M | 0.00% | +2,302+12.0% | Added |