LemonadeLMND

13F holders, Q3 2025 (September 30)
300holders +23
68new positions
44sold out
8famous investors
$53.53avg. 13F price*

At the end of Q3 2025, 300 institutions reported holding Lemonade Inc. (LMND) in their 13F filings, up 23 from Q2 2025. 68 opened new positions and 44 sold out. The largest holders were Vanguard Group Inc. ($336.1M), BlackRock, Inc. ($238.9M) and Softbank Group Corp. ($190.8M). 8 famous investors held it, including David E. Shaw (0.1% of D. E. Shaw & Co.'s portfolio), Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio) and Lee Ainslie (0.0% of Maverick Capital's portfolio).

Company
Lemonade Inc.
CUSIP
52567D107
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 205Q1 2024Q2 2024: 214Q2 2024Q3 2024: 223Q3 2024Q4 2024: 268Q4 2024Q1 2025: 250Q1 2025Q2 2025: 277Q2 2025Q3 2025: 300Q3 2025Q4 2025: 354Q4 2025Q1 2026: 346Q1 2026Q2 2026: 338Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions68$72.1M
Exits44$33.7M

All 13F filers, Q2 2025 → Q3 2025: 6,321,498 shares bought and 7,167,999 shares sold, net −846,501 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 300 holders

Vanguard Group Inc. 0.01% Add +0.9% 6,279,141 $336.1M
BlackRock, Inc. 0.00% Add +7.4% 4,463,441 $238.9M
Softbank Group Corp. 0.73% Reduce -40.2% 3,563,924 $190.8M
JPMorgan Chase & Co. 0.01% Add +31.1% 3,506,171 $187.7M
Baillie Gifford & Co. 0.12% Reduce -5.4% 2,942,056 $157.5M
D. E. Shaw & Co. 0.08% Reduce -18.1% 1,817,868 $97.3M
State Street Corp. 0.00% Reduce -4.5% 1,543,645 $82.6M
Geode Capital Management, LLC 0.00% Add +5.6% 1,370,796 $73.4M
Morgan Stanley 0.00% Reduce -27.8% 1,311,253 $70.2M
BIT Capital GmbH 3.06% Add +69.3% 1,254,345 $67.1M
Bank of America Corp. 0.00% Reduce -16.4% 831,072 $44.5M
Two Sigma Investments, LP 0.07% Add +45.0% 813,062 $43.5M
Deutsche Bank AG 0.01% Add +319.9% 801,865 $42.9M
UBS Group AG 0.01% Reduce -18.9% 704,092 $37.7M
Citadel Advisors 0.03% Add +9.0% 642,367 $34.4M
Analyst IMS Investment Management Services Ltd. 1.03% Add +8.1% 617,878 $33.1M
Northern Trust Corp. 0.00% Add +4.4% 587,728 $31.5M
Halter Ferguson Financial Inc. 7.48% Add +101.3% 575,906 $30.8M
Goldman Sachs Group Inc. 0.00% Reduce -12.4% 575,354 $30.8M
T. Rowe Price Associates Inc. 0.00% Add +960.9% 518,854 $27.8M
Charles Schwab Investment Management Inc. 0.00% Add +9.7% 509,143 $27.3M
Susquehanna International Group, LLP 0.03% Add +89.8% 392,002 $21.0M
Two Sigma Advisers, LP 0.04% Add +37.0% 387,066 $20.7M
Jump Financial, LLC 0.25% Reduce -40.8% 344,404 $18.4M
Dimensional Fund Advisors LP 0.00% Add +3.6% 335,110 $17.9M
FMR LLC 0.00% Add +89.0% 272,861 $14.6M
BNP Paribas Financial Markets 0.01% Reduce -8.3% 250,537 $13.4M
Group One Trading LLC 0.37% Reduce -21.4% 229,360 $12.3M
Connor, Clark & Lunn Investment Management Ltd. 0.04% Reduce -21.0% 222,604 $11.9M
Tudor Investment Corporation 0.08% Add +16.1% 216,074 $11.6M
X-Square Capital, LLC 3.56% Add +202.1% 213,199 $11.4M
Holocene Advisors, LP 0.03% New 212,385 $11.4M
Qube Research & Technologies Ltd 0.02% New 207,940 $11.1M
PDT Partners, LLC 0.66% Reduce -23.3% 195,546 $10.5M
Millennium Management 0.01% Add +130.4% 174,306 $9.3M
PhiloSmith Capital Corp 2.58% No change 173,250 $9.3M
Jupiter Asset Management Ltd. 0.08% New 169,260 $9.1M
Bank of New York Mellon Corp 0.00% Reduce -1.7% 157,602 $8.4M
Federated Hermes, Inc. 0.01% Add +195.9% 157,592 $8.4M
Ameriprise Financial Inc. 0.00% Add +80.3% 157,331 $8.4M
Nuveen, LLC 0.00% Add +23.0% 152,078 $8.1M
Privium Fund Management B.V. 1.40% New 145,000 $7.8M
First Trust Advisors LP 0.01% Reduce -8.9% 141,308 $7.6M
NZS Capital, LLC 0.21% Add +7.8% 129,084 $6.9M
Swiss National Bank 0.00% Add +9.4% 113,600 $6.1M
Walleye Trading LLC 0.09% Add +34.8% 106,081 $5.7M
Trexquant Investment LP 0.06% Add +4.7% 104,967 $5.6M
Wells Fargo & Company 0.00% Add +86.3% 104,538 $5.6M
Teachers Retirement System of the State of Kentucky 0.04% Reduce -1.6% 93,387 $5.0M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -38.3% 93,097 $5.0M
Canada Pension Plan Investment Board 0.00% New 86,400 $4.6M
Barclays PLC 0.00% Reduce -37.4% 86,165 $4.6M
Jane Street Group, LLC 0.01% Reduce -85.9% 85,011 $4.6M
Verition Fund Management LLC 0.03% Reduce -39.4% 83,150 $4.5M
Rhumbline Advisers 0.00% Reduce -3.1% 82,581 $4.4M
Informed Momentum Co LLC 0.48% New 79,626 $4.2M
Liontrust Investment Partners LLP 0.06% Add +23.7% 72,514 $3.9M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% Reduce -10.1% 69,243 $3.7M
Atika Capital Management LLC 0.31% New 69,000 $3.7M
Invesco Ltd. 0.00% Reduce -58.5% 67,756 $3.6M
Nia Impact Advisors, LLC 1.16% Reduce -15.0% 66,723 $3.6M
LPL Financial LLC 0.00% Add +38.0% 65,112 $3.5M
Royal Bank of Canada 0.00% Add +155.6% 63,793 $3.4M
Maverick Capital 0.04% Add +151.5% 61,849 $3.3M
Legal & General Group Plc 0.00% Add +2.4% 60,311 $3.2M
Parallax Volatility Advisers, L.P. 0.11% Add +19.0% 59,001 $3.2M
Amtrust Financial Services, Inc. 1.02% No change 56,644 $3.0M
Alliancebernstein L.P. 0.00% Reduce -20.1% 55,821 $3.0M
California State Teachers Retirement System 0.00% Add +11.3% 54,963 $2.9M
Raymond James Financial Inc. 0.00% Add +133.4% 54,309 $2.9M
Algert Global LLC 0.05% Add +224.9% 51,664 $2.8M
DNB Asset Management AS 0.01% New 51,288 $2.7M
Simplex Trading, LLC 0.06% Add +69.2% 48,755 $2.6M
Aquatic Capital Management LLC 0.05% Reduce -77.0% 47,249 $2.5M
Caxton Associates LLP 0.07% Reduce -2.0% 45,347 $2.4M
Tidal Investments LLC 0.01% Reduce -1.1% 40,886 $2.2M
State of New Jersey Common Pension Fund D 0.01% New 37,916 $2.0M
PEAK6 LLC 0.05% Reduce -54.4% 37,835 $2.0M
IMC-Chicago, LLC 0.03% Add +42.0% 34,573 $1.9M
Udine Wealth Management, Inc. 0.85% Add +3.6% 33,213 $1.8M
Hidden Lake Asset Management LP 0.71% Reduce -84.3% 33,109 $1.8M
MetLife Investment Management, LLC 0.01% Reduce -2.6% 32,356 $1.7M
Manufacturers Life Insurance Company, The 0.00% Reduce -2.2% 32,172 $1.7M
SG Americas Securities, LLC 0.01% Add +93.3% 32,129 $1.7M
Walleye Capital LLC 0.02% Add +128.2% 31,783 $1.7M
Brevan Howard Capital Management LP 0.02% Add +8.8% 31,565 $1.7M
Illumine Investment Management, LLC 1.20% Reduce -0.1% 31,511 $1.7M
Osaic Holdings, Inc. 0.00% Add +4.4% 30,719 $1.7M
Intech Investment Management LLC 0.01% Add +12.1% 29,795 $1.6M
Capital Fund Management S.A. 0.02% Reduce -37.7% 28,237 $1.5M
Virtu Financial LLC 0.08% New 26,216 $1.4M
Janus Henderson Group PLC 0.00% Add +19.2% 25,577 $1.4M
Prudential Financial Inc. 0.00% Add +264.3% 25,535 $1.4M
Employees Retirement System of Texas 0.01% No change 24,459 $1.3M
United Capital Management of KS, Inc. 0.18% Add +2.6% 24,117 $1.3M
WINTON GROUP Ltd 0.05% New 23,641 $1.3M
VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% Add +85.4% 22,800 $1.2M
Fluent Financial, LLC 0.47% Add +36.0% 22,360 $1.2M
Fortis Group Advisors, LLC 0.20% Reduce -6.6% 19,455 $1.2M
AQR Capital Management 0.00% Add +12.1% 21,410 $1.1M
Los Angeles Capital Management LLC 0.00% Add +20.1% 21,069 $1.1M
Creative Planning 0.00% Add +27.6% 20,586 $1.1M
Dark Forest Capital Management LP 0.04% Reduce -43.4% 20,527 $1.1M
Van Eck Associates Corp. 0.00% Reduce -6.1% 20,382 $1.1M
Quantbot Technologies LP 0.03% Reduce -53.1% 19,944 $1.1M
Elo Mutual Pension Insurance Co 0.02% New 19,368 $1.0M
New York State Common Retirement Fund 0.00% No change 18,128 $970K
CANADA LIFE ASSURANCE Co 0.00% Add +11.6% 17,769 $966K
Citigroup Inc. 0.00% Reduce -44.5% 17,901 $958K
Arizona State Retirement System 0.00% Add +8.8% 17,344 $928K
Cetera Investment Advisers 0.00% New 16,504 $883K
Police & Firemen's Retirement System of New Jersey 0.01% Add +24.8% 15,739 $843K
Leonteq Securities AG 0.04% Add +12337.1% 15,422 $826K
Sei Investments Co. 0.00% Add +219.8% 15,408 $825K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +27.8% 15,170 $812K
Engineers Gate Manager LP 0.01% Reduce -58.5% 15,078 $807K
State Board of Administration of Florida Retirement System 0.00% No change 14,516 $777K
Ensign Peak Advisors, Inc 0.00% New 14,450 $774K
Sigma Planning Corp 0.02% New 13,125 $703K
Wolverine Trading, LLC 0.01% New 12,596 $685K
Circle Wealth Management, LLC 0.01% Add +43.4% 12,433 $666K
KLP Kapitalforvaltning As 0.00% Add +10.9% 12,200 $653K
Gotham Asset Management 0.00% Add +32.2% 11,958 $640K
Cantor Fitzgerald, L. P. 0.01% Add +47.9% 11,675 $625K
Jones Financial Companies LLLP 0.00% Add +21.5% 11,995 $617K
Handelsbanken Fonder AB 0.00% No change 11,500 $616K
Mercer Global Advisors Inc. 0.00% Reduce -2.6% 10,823 $579K
Gsa Capital Partners LLP 0.05% Reduce -80.3% 10,824 $579K
Toth Financial Advisory Corp. 0.06% Add +10600.0% 10,700 $573K
NewEdge Advisors, LLC 0.00% Reduce -33.7% 10,531 $564K
Synergy Financial Group, LTD 0.38% Add +0.2% 10,524 $563K
Voleon Capital Management LP 0.01% New 10,476 $561K
Pathstone Holdings, LLC 0.00% Add +8.2% 10,146 $543K
Voya Investment Management LLC 0.00% Reduce -33.5% 10,130 $542K
Commonwealth Equity Services, LLC 0.00% New 10,113 $541K
Federation des caisses Desjardins du Quebec 0.00% Reduce -0.1% 9,601 $514K
ProShare Advisors LLC 0.00% Reduce -16.6% 9,520 $510K
Russell Investments Group, Ltd. 0.00% Add +336.0% 9,121 $488K
Oppenheimer & Co. Inc. 0.01% Add +6.5% 8,974 $480K
Concurrent Investment Advisors, LLC 0.01% Reduce -1.9% 8,594 $460K
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -4.5% 8,212 $452K
Bridgewater Associates 0.00% New 8,440 $452K
Scientech Research LLC 0.15% New 8,217 $440K
Watershed Private Wealth LLC 0.14% Add +4.9% 8,170 $437K
Johnson & White Wealth Management, LLC 0.20% Add +21.4% 8,081 $433K
Quantinno Capital Management LP 0.00% Add +13.5% 7,937 $425K
State of Wisconsin Investment Board 0.00% Add +47.7% 7,823 $419K
Pictet Asset Management Holding SA 0.00% Add +1.7% 7,757 $415K
Weiss Asset Management LP 0.01% New 7,692 $412K
Cerity Partners LLC 0.00% Add +23.7% 7,685 $411K
Teacher Retirement System of Texas 0.00% Reduce -7.8% 7,643 $409K
Stifel Financial Corp. 0.00% Reduce -16.0% 7,375 $395K
Nisa Investment Advisors, LLC 0.00% Reduce -32.9% 7,199 $385K
Squarepoint Ops LLC 0.00% Reduce -98.8% 7,148 $383K
Toronto Dominion Bank 0.00% Reduce -10.5% 7,118 $381K
Victory Capital Management Inc. 0.00% Reduce -0.6% 6,903 $370K
SBI Securities Co., Ltd. 0.01% Add +11.1% 6,833 $366K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -2.2% 6,789 $363K
Fieldview Capital Management, LLC 0.06% New 6,604 $354K
Empower Advisory Group, LLC 0.00% Add +3.6% 6,522 $349K
HighTower Advisors, LLC 0.00% New 6,212 $333K
Wealthfront Advisers LLC 0.00% New 6,125 $328K
Inceptionr LLC 0.08% New 5,944 $318K
CIBC Bancorp USA Inc. 0.00% — 5,933 $318K
Corient Private Wealth LP 0.00% Reduce -17.6% 5,881 $315K
Apollon Wealth Management, LLC 0.01% New 5,688 $304K
Worth Venture Partners, LLC 1.43% New 5,550 $297K
Orion Porfolio Solutions, LLC 0.00% New 5,531 $296K
Clare Market Investments LLC 0.06% New 5,400 $289K
Public Employees Retirement Association of Colorado 0.00% No change 5,200 $278K
Prelude Capital Management, LLC 0.02% New 5,005 $268K
Kestra Advisory Services, LLC 0.00% New 4,885 $261K
Banco Santander, S.A. 0.00% New 4,835 $259K
Titleist Asset Management, LLC 0.02% Add +4.1% 4,832 $259K
Lighthouse Investment Partners, LLC 0.01% New 4,799 $257K
Aspiring Ventures, LLC 0.09% No change 4,704 $252K
Ameritas Investment Partners, Inc. 0.01% Reduce -18.2% 4,650 $249K
Xponance LLC 0.00% New 4,359 $233K
Principal Financial Group Inc. 0.00% New 4,261 $228K
Wedmont Private Capital 0.01% New 4,036 $222K
PFG Investments, LLC 0.01% New 4,050 $217K
Advisory Services Network, LLC 0.00% New 4,041 $216K
PharVision Advisers, LLC 0.12% New 3,994 $214K
Vontobel Holding Ltd. 0.00% New 3,807 $204K
Fearless Solutions, LLC dba Best Invest 0.13% New 3,800 $203K
Fermata Advisors, LLC 0.05% New 3,800 $203K
Elm Partners Management LLC 0.01% New 3,800 $203K
Tower Research Capital LLC (TRC) 0.01% Reduce -85.0% 3,532 $189K
TD Waterhouse Canada Inc. 0.00% Add +77.5% 3,550 $186K
GAMMA Investing LLC 0.01% Add +3.0% 3,293 $176K
Rockefeller Capital Management L.P. 0.00% New 2,758 $148K
US Bancorp \de 0.00% Reduce -26.6% 2,544 $136K
Cwm, LLC 0.00% Add +9.9% 2,518 $135K
Optiver Holding B.V. 0.00% New 2,421 $130K
Activest Wealth Management 0.02% No change 2,102 $113K
Asset Management One Co., Ltd. 0.00% Reduce -20.6% 2,072 $111K
Amalgamated Bank 0.00% No change 1,787 $96K
AlphaQuest LLC 0.01% Reduce -1.5% 1,759 $94K
NFSG Corp 0.01% No change 1,745 $93K
Beaird Harris Wealth Management, LLC 0.01% No change 1,700 $91K
Union Bancaire Privee, UBP SA 0.00% No change 1,745 $90K
KBC Group NV 0.00% No change 1,603 $86K
STRS Ohio 0.00% New 1,600 $86K
Trifecta Capital Advisors, LLC 0.01% No change 1,400 $75K
Steward Partners Investment Advisory, LLC 0.00% Add +282.0% 1,398 $75K
Signaturefd, LLC 0.00% Reduce -12.9% 1,274 $68K
National Bank of Canada 0.00% Reduce -3.5% 1,251 $67K
Golden State Wealth Management, LLC 0.01% Add +2.3% 1,125 $60K
Nemes Rush Group LLC 0.01% No change 1,100 $59K
IFP Advisors, Inc 0.00% Reduce -55.9% 1,012 $54K
Tsfg, LLC 0.01% New 1,000 $54K
PNC Financial Services Group, Inc. 0.00% Add +1.4% 746 $40K
Quarry LP 0.01% Reduce -50.2% 657 $35K
B. Riley Wealth Advisors, Inc. 0.00% New 643 $34K
Strategic Advocates LLC 0.01% New 612 $33K
Wealthspire Advisors, LLC 0.00% New 600 $32K
Global Retirement Partners, LLC 0.00% Add +2.9% 566 $30K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +21.1% 517 $28K
Groupe la Francaise 0.00% New 600 $28K
Estabrook Capital Management 0.00% Reduce -50.0% 500 $27K
Ameritas Advisory Services, LLC 0.00% No change 494 $26K
Bayforest Capital Ltd 0.01% New 465 $25K
Parkside Financial Bank & Trust 0.00% Add +2.3% 452 $24K
Farther Finance Advisors, LLC 0.00% Add +7.6% 451 $24K
Allworth Financial LP 0.00% Add +3.9% 422 $23K
Smartleaf Asset Management LLC 0.00% Add +405.6% 364 $20K
Cloud Capital Management, LLC 0.01% New 356 $19K
JPL Wealth Management, LLC 0.00% New 350 $19K
Capital Advisors, Ltd. LLC 0.00% No change 342 $18K
Heritage Wealth Advisors 0.00% No change 274 $15K
CIBC Private Wealth Group LLC 0.00% Reduce -13.2% 256 $14K
Clearstead Advisors, LLC 0.00% No change 251 $13K
Comerica Bank 0.00% No change 237 $13K
Parallel Advisors, LLC 0.00% Add +13.3% 230 $12K
Kilter Group LLC 0.01% No change 226 $12K
Root Financial Partners, LLC 0.00% New 223 $12K
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -6.0% 221 $12K
EverSource Wealth Advisors, LLC 0.00% Reduce -7.5% 196 $10K
Versant Capital Management, Inc 0.00% No change 175 $9K
Bessemer Group Inc. 0.00% Add +38.7% 154 $9K
Main Street Group, LTD 0.00% No change 150 $8K
Archer Investment Corp 0.00% No change 143 $8K
GPS Wealth Strategies Group, LLC 0.00% Reduce -47.6% 143 $8K
MAI Capital Management 0.00% Add +8.5% 140 $7K
Sterling Capital Management LLC 0.00% No change 135 $7K
Dogwood Wealth Management LLC 0.00% No change 129 $7K
MassMutual Private Wealth & Trust, FSB 0.00% No change 119 $6K
Private Wealth Management Group, LLC 0.00% No change 118 $6K
Sunbelt Securities, Inc. 0.00% New 109 $6K
Truvestments Capital LLC 0.00% New 107 $6K
CNB Bank 0.00% No change 100 $5K
Towne Trust Company, N.A 0.00% No change 100 $5K
Field & Main Bank 0.00% No change 100 $5K
Sound Income Strategies, LLC 0.00% No change 100 $5K
ORG Partners LLC 0.00% Reduce -38.2% 94 $5K
Avion Wealth 0.00% No change 100 $5K
Hemington Wealth Management 0.00% No change 100 $5K
Hoey Investments, Inc. 0.00% No change 80 $4K
Operose Advisors LLC 0.00% No change 80 $4K
Rothschild Investment LLC 0.00% Reduce -27.3% 80 $4K
N.E.W. Advisory Services LLC 0.00% Reduce -7.5% 74 $4K
Quadrant Capital Group LLC 0.00% New 71 $4K
Larson Financial Group LLC 0.00% Reduce -6.8% 69 $4K
Arax Advisory Partners 0.00% New 66 $4K
Atlantic Union Bankshares Corp 0.00% New 63 $3K
Mb, Levis & Associates, LLC 0.00% No change 60 $3K
Bank & Trust Co 0.00% Reduce -90.1% 55 $3K
Vision Financial Markets LLC 0.00% No change 50 $3K
Prestige Wealth Management Group LLC 0.00% No change 50 $3K
Rise Advisors, LLC 0.00% No change 46 $2K
Missouri Trust & Investment Co 0.00% No change 46 $2K
SJS Investment Consulting Inc. 0.00% New 40 $2K
Principal Securities, Inc. 0.00% No change 36 $2K
McIlrath & Eck, LLC 0.00% No change 35 $2K
Huntington National Bank 0.00% Reduce -28.6% 30 $2K
Salem Investment Counselors Inc. 0.00% No change 30 $2K
GHP Investment Advisors, Inc. 0.00% No change 25 $1K
North Star Investment Management Corp. 0.00% No change 20 $1K
FNY Investment Advisers, LLC 0.00% New 37 $1K
PayPay Securities Corp 0.03% Add +20.0% 18 $968
Turning Point Benefit Group, Inc. 0.00% New 18 $943
Fortitude Family Office, LLC 0.00% No change 17 $910
Bare Financial Services, Inc 0.00% New 12 $642
TD Private Client Wealth LLC 0.00% New 11 $589
West Branch Capital LLC 0.00% No change 10 $536
Assetmark, Inc. 0.00% No change 10 $535
Wolff Wiese Magana LLC 0.00% No change 9 $482
Global Wealth Strategies & Associates 0.00% No change 8 $428
Transamerica Financial Advisors, LLC 0.00% New 8 $428
Caitong International Asset Management Co., Ltd 0.00% Reduce -99.6% 5 $268
Harbour Investments, Inc. 0.00% New 5 $268
Pineridge Advisors LLC 0.00% No change 4 $214
Tortoise Investment Management, LLC 0.00% New 3 $161
Bfsg, LLC 0.00% No change 3 $161
Albion Financial Group 0.00% No change 2 $108
Optimum Investment Advisors 0.00% No change 1 $54
Millstone Evans Group, LLC 0.00% No change 1 $54
Chapman Financial Group, LLC 0.00% No change 1 $54
TrinityBridge Ltd 0.00% No change 4 $0
Covestor Ltd 0.00% No change 6 $0

"% of holder's portfolio" is LMND's weight in each manager's 13F, not the share of Lemonade Inc. the manager owns.