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 |
|---|---|---|---|---|---|
| DnB Asset Management AS | 96,718 | $6.88M | 0.02% | +45,430+88.6% | Added |
| Ma Investment Partnership, LP | 100,000 | $7.12M | 6.21% | +100,000 | New |
| UBS Asset Management Americas Inc | 100,012 | $7.12M | 0.00% | +6,915+7.4% | Added |
| Balyasny Asset Management LLC | 104,694 | $7.45M | 0.01% | +104,694 | New |
| Gilder Gagnon Howe & Co LLC | 108,525 | $7.72M | 0.08% | +108,525 | New |
| Walleye Trading LLC | 109,576 | $7.80M | 0.13% | +3,495+3.3% | Added |
| Group One Trading, L.P. | 110,371 | $7.86M | 0.23% | −118,989−51.9% | Reduced |
| Deeter Investments LLP | 111,000 | $7.90M | 1.71% | +111,000 | New |
| Atika Capital Management LLC | 113,917 | $8.11M | 1.13% | +44,917+65.1% | Added |
| Barclays PLC | 118,510 | $8.44M | 0.00% | +32,345+37.5% | Added |
| Swiss National Bank | 123,800 | $8.81M | 0.01% | +10,200+9.0% | Added |
| PDT Partners, LLC | 125,757 | $8.95M | 0.58% | −69,789−35.7% | Reduced |
| NZS Capital, LLC | 130,379 | $9.28M | 0.28% | +1,295+1.0% | Added |
| Ci Investments Inc. | 132,583 | $9.44M | 0.04% | +132,583 | New |
| Ameriprise Financial Inc | 135,362 | $9.64M | 0.00% | −21,969−14.0% | Reduced |
| Invesco Ltd. | 144,021 | $10.3M | 0.00% | +76,265+112.6% | Added |
| Tudor Investment Corp Et Al | 148,987 | $10.6M | 0.06% | −67,087−31.0% | Reduced |
| Wells Fargo & Company | 149,950 | $10.7M | 0.00% | +45,412+43.4% | Added |
| First Trust Advisors LP | 156,427 | $11.1M | 0.01% | +15,119+10.7% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 156,411 | $11.1M | 0.02% | +156,411 | New |
| Sparta 24 Ltd. | 169,338 | $12.1M | 10.31% | +169,338 | New |
| Philo Smith Capital Corp | 173,250 | $12.3M | 3.39% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 185,643 | $13.2M | 0.00% | +28,041+17.8% | Added |
| Qube Research & Technologies Ltd | 211,401 | $15.0M | 0.02% | +3,461+1.7% | Added |
| Federated Hermes, Inc. | 219,536 | $15.6M | 0.03% | +61,944+39.3% | Added |
| BNP Paribas Arbitrage, SA | 224,500 | $16.0M | 0.01% | −26,037−10.4% | Reduced |
| Bank of America Corp | 236,927 | $16.9M | 0.00% | −594,145−71.5% | Reduced |
| Privium Fund Management B.V. | 248,259 | $17.7M | 3.25% | +103,259+71.2% | Added |
| Susquehanna International Group, LLP | 294,164 | $20.9M | 0.03% | −97,838−25.0% | Reduced |
| UBS Group AG | 317,057 | $22.6M | 0.00% | −387,035−55.0% | Reduced |
| Two Sigma Advisers, LP | 348,898 | $24.8M | 0.05% | −38,168−9.9% | Reduced |
| Man Group plc | 364,963 | $26.0M | 0.05% | +364,963 | New |
| Nuveen, LLC | 367,261 | $26.1M | 0.01% | +215,183+141.5% | Added |
| FMR LLC | 476,360 | $33.9M | 0.00% | +203,499+74.6% | Added |
| Deutsche Bank AG | 491,778 | $35.0M | 0.01% | −310,087−38.7% | Reduced |
| Charles Schwab Investment Management Inc | 522,257 | $37.2M | 0.01% | +13,114+2.6% | Added |
| Citadel Advisors LLC | 535,660 | $38.1M | 0.03% | −106,707−16.6% | Reduced |
| Northern Trust Corp | 590,729 | $42.0M | 0.01% | +3,001+0.5% | Added |
| Halter Ferguson Financial Inc. | 600,863 | $42.8M | 9.43% | +24,957+4.3% | Added |
| Analyst IMS Investment Management Services Ltd. | 617,639 | $44.0M | 1.28% | −2390.0% | Reduced |
| Two Sigma Investments, LP | 759,242 | $54.0M | 0.08% | −53,820−6.6% | Reduced |
| Holocene Advisors, LP | 782,753 | $55.7M | 0.12% | +570,368+268.6% | Added |
| Goldman Sachs Group Inc | 866,476 | $61.7M | 0.01% | +291,122+50.6% | Added |
| Softbank Group Corp | 925,496 | $65.9M | 0.43% | −2,638,428−74.0% | Reduced |
| D. E. Shaw & Co., Inc. | 1,161,499 | $82.7M | 0.06% | −656,369−36.1% | Reduced |
| Morgan Stanley | 1,381,573 | $98.3M | 0.01% | +70,320+5.4% | Added |
| Geode Capital Management, LLC | 1,438,358 | $102.4M | 0.01% | +67,562+4.9% | Added |
| Price T Rowe Associates Inc | 1,484,175 | $105.6M | 0.01% | +965,321+186.0% | Added |
| State Street Corp | 1,495,841 | $106.5M | 0.00% | −47,804−3.1% | Reduced |
| BIT Capital GmbH | 1,826,593 | $130.0M | 5.67% | +572,248+45.6% | Added |
| Baillie Gifford & Co | 2,866,446 | $204.0M | 0.17% | −75,610−2.6% | Reduced |
| JPMorgan Chase & Co | 4,483,431 | $319.1M | 0.02% | +977,260+27.9% | Added |
| BlackRock, Inc. | 4,949,676 | $352.3M | 0.01% | +486,235+10.9% | Added |
| Vanguard Group Inc | 6,305,453 | $448.8M | 0.01% | +26,312+0.4% | Added |
| Jump Financial, LLC | 0 | $0 | 0.00% | −344,404−100.0% | Sold out |
| Jupiter Asset Management Ltd | 0 | $0 | 0.00% | −169,260−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −104,967−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −45,347−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −31,565−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −23,641−100.0% | Sold out |
| Virginia Retirement Systems Et Al | 0 | $0 | 0.00% | −22,800−100.0% | Sold out |
| Fluent Financial, LLC | 0 | $0 | 0.00% | −22,360−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −19,944−100.0% | Sold out |
| Elo Mutual Pension Insurance Co | 0 | $0 | 0.00% | −19,368−100.0% | Sold out |
| Sigma Planning Corp | 0 | $0 | 0.00% | −13,125−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −10,824−100.0% | Sold out |
| Voleon Capital Management LP | 0 | $0 | 0.00% | −10,476−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −8,217−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −7,692−100.0% | Sold out |
| Teacher Retirement System of Texas | 0 | $0 | 0.00% | −7,643−100.0% | Sold out |
| Toronto Dominion Bank | 0 | $0 | 0.00% | −7,118−100.0% | Sold out |
| Fieldview Capital Management, LLC | 0 | $0 | 0.00% | −6,604−100.0% | Sold out |
| Apollon Wealth Management, LLC | 0 | $0 | 0.00% | −5,688−100.0% | Sold out |
| Prelude Capital Management, LLC | 0 | $0 | 0.00% | −5,005−100.0% | Sold out |
| Lighthouse Investment Partners, LLC | 0 | $0 | 0.00% | −4,799−100.0% | Sold out |
| PFG Investments, LLC | 0 | $0 | 0.00% | −4,050−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −4,041−100.0% | Sold out |
| Vontobel Holding Ltd. | 0 | $0 | 0.00% | −3,807−100.0% | Sold out |
| Trifecta Capital Advisors, LLC | 0 | $0 | 0.00% | −1,400−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −643−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Groupe la Francaise | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −494−100.0% | Sold out |
| Bayforest Capital Ltd | 0 | $0 | 0.00% | −465−100.0% | Sold out |
| Cloud Capital Management, LLC | 0 | $0 | 0.00% | −356−100.0% | Sold out |
| JPL Wealth Management, LLC | 0 | $0 | 0.00% | −350−100.0% | Sold out |
| Main Street Group, LTD | 0 | $0 | 0.00% | −150−100.0% | Sold out |
| CNB Bank | 0 | $0 | 0.00% | −100−100.0% | Sold out |
| Hoey Investments, Inc | 0 | $0 | 0.00% | −80−100.0% | Sold out |
| Rise Advisors, LLC | 0 | $0 | 0.00% | −46−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Salem Investment Counselors Inc | 0 | $0 | 0.00% | −30−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −37−100.0% | Sold out |
| Transamerica Financial Advisors, Inc. | 0 | $0 | 0.00% | −8−100.0% | Sold out |
| Tortoise Investment Management, LLC | 0 | $0 | 0.00% | −3−100.0% | Sold out |
| Wolverine Trading, LLC | – | – | – | – | Not filed |
| CIBC Bancorp USA Inc. | – | – | – | – | Not filed |
| Clare Market Investments LLC | – | – | – | – | Not filed |
| Hemington Wealth Management | – | – | – | – | Not filed |
| Pineridge Advisors LLC | – | – | – | – | Not filed |