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, Q4 2025
Institutional positions in Lemonade, Inc. as of Dec 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
- 354
- +60 vs. Q3 2025
- Shares held
- 44.4M
- +326.9K (+0.7%) vs. Q3 2025
- Total value
- $3.16B
- +$799.9M (+33.9%) vs. Q3 2025
- New holders
- 101
- 115 more added
- Sold out
- 41
- 88 more reduced
6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Lemonade, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 6,305,453 | $448.8M | 0.01% | +26,312+0.4% | Added |
| BlackRock, Inc. | 4,949,676 | $352.3M | 0.01% | +486,235+10.9% | Added |
| JPMorgan Chase & Co | 4,483,431 | $319.1M | 0.02% | +977,260+27.9% | Added |
| Baillie Gifford & Co | 2,866,446 | $204.0M | 0.17% | −75,610−2.6% | Reduced |
| BIT Capital GmbH | 1,826,593 | $130.0M | 5.67% | +572,248+45.6% | Added |
| State Street Corp | 1,495,841 | $106.5M | 0.00% | −47,804−3.1% | Reduced |
| Price T Rowe Associates Inc | 1,484,175 | $105.6M | 0.01% | +965,321+186.0% | Added |
| Geode Capital Management, LLC | 1,438,358 | $102.4M | 0.01% | +67,562+4.9% | Added |
| Morgan Stanley | 1,381,573 | $98.3M | 0.01% | +70,320+5.4% | Added |
| D. E. Shaw & Co., Inc. | 1,161,499 | $82.7M | 0.06% | −656,369−36.1% | Reduced |
| Softbank Group Corp | 925,496 | $65.9M | 0.43% | −2,638,428−74.0% | Reduced |
| Goldman Sachs Group Inc | 866,476 | $61.7M | 0.01% | +291,122+50.6% | Added |
| Holocene Advisors, LP | 782,753 | $55.7M | 0.12% | +570,368+268.6% | Added |
| Two Sigma Investments, LP | 759,242 | $54.0M | 0.08% | −53,820−6.6% | Reduced |
| Analyst IMS Investment Management Services Ltd. | 617,639 | $44.0M | 1.28% | −2390.0% | Reduced |
| Halter Ferguson Financial Inc. | 600,863 | $42.8M | 9.43% | +24,957+4.3% | Added |
| Northern Trust Corp | 590,729 | $42.0M | 0.01% | +3,001+0.5% | Added |
| Citadel Advisors LLC | 535,660 | $38.1M | 0.03% | −106,707−16.6% | Reduced |
| Charles Schwab Investment Management Inc | 522,257 | $37.2M | 0.01% | +13,114+2.6% | Added |
| Deutsche Bank AG | 491,778 | $35.0M | 0.01% | −310,087−38.7% | Reduced |
| FMR LLC | 476,360 | $33.9M | 0.00% | +203,499+74.6% | Added |
| Nuveen, LLC | 367,261 | $26.1M | 0.01% | +215,183+141.5% | Added |
| Man Group plc | 364,963 | $26.0M | 0.05% | +364,963 | New |
| Two Sigma Advisers, LP | 348,898 | $24.8M | 0.05% | −38,168−9.9% | Reduced |
| UBS Group AG | 317,057 | $22.6M | 0.00% | −387,035−55.0% | Reduced |
| Susquehanna International Group, LLP | 294,164 | $20.9M | 0.03% | −97,838−25.0% | Reduced |
| Privium Fund Management B.V. | 248,259 | $17.7M | 3.25% | +103,259+71.2% | Added |
| Bank of America Corp | 236,927 | $16.9M | 0.00% | −594,145−71.5% | Reduced |
| BNP Paribas Arbitrage, SA | 224,500 | $16.0M | 0.01% | −26,037−10.4% | Reduced |
| Federated Hermes, Inc. | 219,536 | $15.6M | 0.03% | +61,944+39.3% | Added |
| Qube Research & Technologies Ltd | 211,401 | $15.0M | 0.02% | +3,461+1.7% | Added |
| Bank of New York Mellon Corp | 185,643 | $13.2M | 0.00% | +28,041+17.8% | Added |
| Philo Smith Capital Corp | 173,250 | $12.3M | 3.39% | 00.0% | Unchanged |
| Sparta 24 Ltd. | 169,338 | $12.1M | 10.31% | +169,338 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 156,411 | $11.1M | 0.02% | +156,411 | New |
| First Trust Advisors LP | 156,427 | $11.1M | 0.01% | +15,119+10.7% | Added |
| Wells Fargo & Company | 149,950 | $10.7M | 0.00% | +45,412+43.4% | Added |
| Tudor Investment Corp Et Al | 148,987 | $10.6M | 0.06% | −67,087−31.0% | Reduced |
| Invesco Ltd. | 144,021 | $10.3M | 0.00% | +76,265+112.6% | Added |
| Ameriprise Financial Inc | 135,362 | $9.64M | 0.00% | −21,969−14.0% | Reduced |
| Ci Investments Inc. | 132,583 | $9.44M | 0.04% | +132,583 | New |
| NZS Capital, LLC | 130,379 | $9.28M | 0.28% | +1,295+1.0% | Added |
| PDT Partners, LLC | 125,757 | $8.95M | 0.58% | −69,789−35.7% | Reduced |
| Swiss National Bank | 123,800 | $8.81M | 0.01% | +10,200+9.0% | Added |
| Barclays PLC | 118,510 | $8.44M | 0.00% | +32,345+37.5% | Added |
| Atika Capital Management LLC | 113,917 | $8.11M | 1.13% | +44,917+65.1% | Added |
| Deeter Investments LLP | 111,000 | $7.90M | 1.71% | +111,000 | New |
| Group One Trading, L.P. | 110,371 | $7.86M | 0.23% | −118,989−51.9% | Reduced |
| Walleye Trading LLC | 109,576 | $7.80M | 0.13% | +3,495+3.3% | Added |
| Gilder Gagnon Howe & Co LLC | 108,525 | $7.72M | 0.08% | +108,525 | New |
| Balyasny Asset Management LLC | 104,694 | $7.45M | 0.01% | +104,694 | New |
| UBS Asset Management Americas Inc | 100,012 | $7.12M | 0.00% | +6,915+7.4% | Added |
| Ma Investment Partnership, LP | 100,000 | $7.12M | 6.21% | +100,000 | New |
| DnB Asset Management AS | 96,718 | $6.88M | 0.02% | +45,430+88.6% | Added |
| Liontrust Investment Partners LLP | 93,854 | $6.68M | 0.10% | +21,340+29.4% | Added |
| Teachers Retirement System of the State of Kentucky | 89,262 | $6.35M | 0.05% | −4,125−4.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 89,153 | $6.35M | 0.02% | −133,451−59.9% | Reduced |
| Squarepoint Ops LLC | 83,367 | $5.93M | 0.01% | +76,219+1,066.3% | Added |
| Hillsdale Investment Management Inc. | 82,800 | $5.89M | 0.16% | +82,800 | New |
| Landscape Capital Management, L.L.C. | 78,783 | $5.61M | 0.38% | +78,783 | New |
| Dimensional Fund Advisors LP | 78,411 | $5.58M | 0.00% | −256,699−76.6% | Reduced |
| EFG International AG | 77,899 | $5.57M | 0.11% | +77,899 | New |
| Raymond James Financial Inc | 77,031 | $5.48M | 0.00% | +22,722+41.8% | Added |
| Rhumbline Advisers | 75,896 | $5.40M | 0.00% | −6,685−8.1% | Reduced |
| LPL Financial LLC | 75,635 | $5.38M | 0.00% | +10,523+16.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 69,900 | $4.98M | 0.01% | +657+0.9% | Added |
| Maverick Capital LtdSuperinvestorMaverick Capital | 69,864 | $4.97M | 0.05% | +8,015+13.0% | Added |
| Citigroup Inc | 68,872 | $4.90M | 0.00% | +50,971+284.7% | Added |
| Parallax Volatility Advisers, L.P. | 68,727 | $4.89M | 0.15% | +9,726+16.5% | Added |
| Bridgewater Associates, LP | 66,074 | $4.70M | 0.02% | +57,634+682.9% | Added |
| Nia Impact Advisors, LLC | 65,920 | $4.69M | 1.57% | −803−1.2% | Reduced |
| EAM Investors, LLC | 64,080 | $4.56M | 0.51% | −15,546−19.5% | Reduced |
| Hidden Lake Asset Management LP | 63,032 | $4.49M | 2.45% | +29,923+90.4% | Added |
| IMC-Chicago, LLC | 62,837 | $4.47M | 0.08% | +28,264+81.8% | Added |
| Alliancebernstein L.P. | 61,694 | $4.39M | 0.00% | +5,873+10.5% | Added |
| Legal & General Group Plc | 60,942 | $4.34M | 0.00% | +631+1.0% | Added |
| California State Teachers Retirement System | 59,476 | $4.23M | 0.00% | +4,513+8.2% | Added |
| Amtrust Financial Services, Inc. | 56,644 | $4.03M | 1.28% | 00.0% | Unchanged |
| Twinbeech Capital LP | 55,962 | $3.98M | 0.28% | +55,962 | New |
| Millennium Management LLC | 55,508 | $3.95M | 0.00% | −118,798−68.2% | Reduced |
| Verition Fund Management LLC | 54,959 | $3.91M | 0.02% | −28,191−33.9% | Reduced |
| Algert Global LLC | 46,603 | $3.32M | 0.05% | −5,061−9.8% | Reduced |
| Virtu Financial LLC | 45,145 | $3.21M | 0.12% | +18,929+72.2% | Added |
| Toroso Investments, LLC | 44,269 | $3.15M | 0.01% | +3,383+8.3% | Added |
| PEAK6 LLC | 43,178 | $3.07M | 0.08% | +5,343+14.1% | Added |
| Simplex Trading, LLC | 42,906 | $3.05M | 0.09% | −5,849−12.0% | Reduced |
| Cantor Fitzgerald, L. P. | 42,467 | $3.02M | 0.09% | +30,792+263.7% | Added |
| Nomura Holdings Inc | 41,076 | $2.92M | 0.01% | +41,076 | New |
| Marshall Wace, LLP | 40,339 | $2.87M | 0.00% | +40,339 | New |
| Blue Jean Financial LLC | 39,549 | $2.82M | 2.29% | +39,549 | New |
| Icapital Wealth LLC | 39,527 | $2.81M | 1.37% | +39,527 | New |
| Leo Wealth, LLC | 34,532 | $2.70M | 0.20% | +34,532 | New |
| Clear Street Group Inc. | 34,391 | $2.45M | 0.01% | +34,391 | New |
| Udine Wealth Management, Inc. | 33,930 | $2.42M | 1.14% | +717+2.2% | Added |
| MetLife Investment Management | 33,364 | $2.37M | 0.01% | +1,008+3.1% | Added |
| Capital Fund Management S.A. | 33,322 | $2.37M | 0.02% | +5,085+18.0% | Added |
| Manufacturers Life Insurance Company, The | 32,431 | $2.31M | 0.00% | +259+0.8% | Added |
| SG Americas Securities, LLC | 31,652 | $2.25M | 0.00% | −477−1.5% | Reduced |
| State of New Jersey Common Pension Fund D | 31,277 | $2.23M | 0.01% | −6,639−17.5% | Reduced |
| Timothy G. Youngquist 2020 Irrevocable Trust | 31,050 | $2.21M | 1.89% | +31,050 | New |