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 |
|---|---|---|---|---|---|
| Illumine Investment Management, LLC | 30,784 | $2.19M | 1.60% | −727−2.3% | Reduced |
| Intech Investment Management LLC | 29,795 | $2.12M | 0.02% | 00.0% | Unchanged |
| Marex Group plc | 29,575 | $2.11M | 0.02% | +29,575 | New |
| Janus Henderson Group PLC | 29,077 | $2.07M | 0.00% | +3,500+13.7% | Added |
| Creative Planning | 26,795 | $1.91M | 0.00% | +6,209+30.2% | Added |
| Employees Retirement System of Texas | 24,459 | $1.74M | 0.01% | 00.0% | Unchanged |
| United Capital Management of KS, Inc. | 24,157 | $1.72M | 0.24% | +40+0.2% | Added |
| Engineers Gate Manager LP | 24,099 | $1.72M | 0.02% | +9,021+59.8% | Added |
| Private Advisor Group, LLC | 22,794 | $1.62M | 0.01% | +22,794 | New |
| SEI Investments Co | 22,077 | $1.57M | 0.00% | +6,669+43.3% | Added |
| Van Eck Associates Corp | 21,915 | $1.56M | 0.00% | +1,533+7.5% | Added |
| Baader Bank INC | 21,642 | $1.54M | 0.13% | +21,642 | New |
| AQR Capital Management LLC | 21,569 | $1.54M | 0.00% | +159+0.7% | Added |
| Los Angeles Capital Management LLC | 25,169 | $1.49M | 0.01% | +4,100+19.5% | Added |
| Arete Wealth Advisors, LLC | 20,761 | $1.48M | 0.10% | +20,761 | New |
| Commonwealth Equity Services, LLC | 19,589 | $1.39M | 0.00% | +9,476+93.7% | Added |
| New York State Common Retirement Fund | 19,428 | $1.38M | 0.00% | +1,300+7.2% | Added |
| Legacy Capital Group California, Inc. | 18,280 | $1.30M | 0.32% | +18,280 | New |
| Eddie Patel Inc | 17,897 | $1.27M | 0.95% | +17,897 | New |
| Arizona State Retirement System | 17,414 | $1.24M | 0.01% | +70+0.4% | Added |
| X-Square Capital, LLC | 17,333 | $1.23M | 0.40% | −195,866−91.9% | Reduced |
| Aquatic Capital Management LLC | 17,222 | $1.23M | 0.03% | −30,027−63.6% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 16,299 | $1.16M | 0.01% | +560+3.6% | Added |
| Oppenheimer & Co Inc | 16,124 | $1.15M | 0.02% | +7,150+79.7% | Added |
| GWM Advisors LLC | 16,116 | $1.15M | 0.00% | +5,585+53.0% | Added |
| Blueshift Asset Management, LLC | 16,041 | $1.14M | 0.33% | +16,041 | New |
| Circle Wealth Management, LLC | 15,825 | $1.13M | 0.02% | +3,392+27.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 15,699 | $1.12M | 0.00% | +529+3.5% | Added |
| Fortis Group Advisors, LLC | 12,116 | $1.05M | 0.18% | −7,339−37.7% | Reduced |
| Advisor Group Holdings, Inc. | 14,691 | $1.05M | 0.00% | −16,028−52.2% | Reduced |
| State Board of Administration of Florida Retirement System | 14,516 | $1.03M | 0.00% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 14,300 | $1.02M | 0.00% | +2,800+24.3% | Added |
| Williamson Legacy Group, LLC | 14,180 | $1.01M | 0.79% | +14,180 | New |
| Rare Wolf Capital LLC | 13,808 | $982.9K | 0.61% | +13,808 | New |
| Cadent Capital Advisors, LLC | 13,556 | $964.9K | 0.25% | +13,556 | New |
| KLP Kapitalforvaltning AS | 13,400 | $953.8K | 0.00% | +1,200+9.8% | Added |
| Jones Financial Companies LLLP | 13,274 | $944.8K | 0.00% | +1,279+10.7% | Added |
| Royal Bank of Canada | 12,607 | $897.0K | 0.00% | −51,186−80.2% | Reduced |
| Empower Advisory Group, LLC | 12,561 | $894.1K | 0.00% | +6,039+92.6% | Added |
| Genesis Financial Group, LLC | 12,500 | $889.8K | 0.52% | +12,500 | New |
| Gotham Asset Management, LLC | 11,610 | $826.4K | 0.00% | −348−2.9% | Reduced |
| ProShare Advisors LLC | 11,075 | $788.3K | 0.00% | +1,555+16.3% | Added |
| Cetera Investment Advisers | 10,852 | $772.4K | 0.00% | −5,652−34.2% | Reduced |
| Toth Financial Advisory Corp | 10,700 | $761.6K | 0.08% | 00.0% | Unchanged |
| Voya Investment Management LLC | 10,666 | $759.2K | 0.00% | +536+5.3% | Added |
| Polymer Capital Management (US) LLC | 10,429 | $742.3K | 0.10% | +10,429 | New |
| Havemeyer Place LP | 10,327 | $735.1K | 0.14% | +10,327 | New |
| Mercer Global Advisors Inc | 10,295 | $732.8K | 0.00% | −528−4.9% | Reduced |
| Synergy Financial Group, LTD | 10,155 | $722.8K | 0.51% | −369−3.5% | Reduced |
| K.J. Harrison & Partners Inc | 10,000 | $711.8K | 0.09% | +10,000 | New |
| Pathstone Holdings, LLC | 9,950 | $708.2K | 0.00% | −196−1.9% | Reduced |
| Dark Forest Capital Management LP | 9,935 | $707.2K | 0.03% | −10,592−51.6% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 8,431 | $674.6K | 0.00% | +219+2.7% | Added |
| VARCOV Co. | 9,430 | $671.2K | 0.26% | +9,430 | New |
| Federation des caisses Desjardins du Quebec | 9,181 | $653.5K | 0.00% | −420−4.4% | Reduced |
| Canada Pension Plan Investment Board | 9,100 | $647.7K | 0.00% | −77,300−89.5% | Reduced |
| Pictet Asset Management Holding SA | 8,911 | $634.3K | 0.00% | +1,154+14.9% | Added |
| Quantinno Capital Management LP | 8,619 | $613.5K | 0.00% | +682+8.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 8,612 | $613.0K | 0.00% | +1,823+26.9% | Added |
| Watershed Private Wealth LLC | 8,310 | $591.5K | 0.18% | +140+1.7% | Added |
| Wealthfront Advisers LLC | 8,304 | $591.1K | 0.00% | +2,179+35.6% | Added |
| Y-Intercept (Hong Kong) Ltd | 8,246 | $587.0K | 0.01% | +8,246 | New |
| Cerity Partners LLC | 8,138 | $579.3K | 0.00% | +453+5.9% | Added |
| Alphadyne Asset Management LP | 8,014 | $570.4K | 0.06% | +8,014 | New |
| Johnson & White Wealth Management, LLC | 7,981 | $568.1K | 0.25% | −100−1.2% | Reduced |
| Sava Infond d.o.o. | 7,800 | $555.2K | 0.07% | +7,800 | New |
| Russell Investments Group, Ltd. | 7,601 | $541.0K | 0.00% | −1,520−16.7% | Reduced |
| Victory Capital Management Inc | 7,393 | $526.2K | 0.00% | +490+7.1% | Added |
| Stifel Financial Corp | 7,306 | $520.0K | 0.00% | −69−0.9% | Reduced |
| Odyssean, LLC | 7,144 | $508.5K | 0.37% | +7,144 | New |
| Meitav Dash Investments Ltd | 6,958 | $495.3K | 0.01% | +6,958 | New |
| Great West Life Assurance Co | 6,768 | $482.0K | 0.00% | −11,001−61.9% | Reduced |
| Fermata Advisors, LLC | 6,700 | $476.9K | 0.11% | +2,900+76.3% | Added |
| CI Private Wealth, LLC | 6,334 | $450.9K | 0.00% | +453+7.7% | Added |
| 9823 Capital, L.P. | 6,208 | $441.9K | 0.30% | +6,208 | New |
| HighTower Advisors, LLC | 5,968 | $424.8K | 0.00% | −244−3.9% | Reduced |
| Magnetar Financial LLC | 5,926 | $421.8K | 0.00% | +5,926 | New |
| SBI Securities Co., Ltd. | 5,617 | $399.8K | 0.01% | −1,216−17.8% | Reduced |
| State of Wisconsin Investment Board | 5,458 | $388.5K | 0.00% | −2,365−30.2% | Reduced |
| Titleist Asset Management, LLC | 5,375 | $382.6K | 0.03% | +543+11.2% | Added |
| Public Employees Retirement Association of Colorado | 5,200 | $370.0K | 0.00% | 00.0% | Unchanged |
| Brinker Capital Investments, LLC | 5,193 | $369.6K | 0.00% | −338−6.1% | Reduced |
| Walleye Capital LLC | 5,171 | $368.1K | 0.00% | −26,612−83.7% | Reduced |
| PharVision Advisers, LLC | 5,152 | $366.7K | 0.19% | +1,158+29.0% | Added |
| AlphaGrep UK Ltd | 5,115 | $364.1K | 0.12% | +5,115 | New |
| Penserra Capital Management LLC | 5,103 | $363.0K | 0.00% | +5,103 | New |
| Aspiring Ventures, LLC | 5,059 | $360.1K | 0.13% | +355+7.5% | Added |
| XTX Topco Ltd | 5,003 | $356.1K | 0.01% | +5,003 | New |
| Kestra Advisory Services, LLC | 5,001 | $356.0K | 0.00% | +116+2.4% | Added |
| Ameritas Investment Partners, Inc. | 4,917 | $350.0K | 0.01% | +267+5.7% | Added |
| Ensign Peak Advisors, Inc | 4,850 | $345.2K | 0.00% | −9,600−66.4% | Reduced |
| Xponance, Inc. | 4,811 | $342.4K | 0.00% | +452+10.4% | Added |
| Tradition Wealth Management, LLC | 4,783 | $340.5K | 0.02% | +4,783 | New |
| O'Shaughnessy Asset Management, LLC | 4,741 | $337.5K | 0.00% | +4,741 | New |
| Concurrent Investment Advisors, LLC | 4,627 | $329.4K | 0.00% | −3,967−46.2% | Reduced |
| Wedmont Private Capital | 4,036 | $326.9K | 0.01% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 4,384 | $312.1K | 0.00% | +4,384 | New |
| Kraematon Investment Advisors, Inc | 4,381 | $311.8K | 0.25% | +4,381 | New |
| Jane Street Group, LLC | 4,356 | $310.1K | 0.00% | −80,655−94.9% | Reduced |
| CIBC Asset Management Inc | 4,295 | $305.7K | 0.00% | +4,295 | New |