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Lemonade

345 hedge funds and large institutions have $2.7B invested in Lemonade in 2026 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 116 increasing their positions, 109 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

6% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 109

3% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 58

1% less funds holding

Funds holding: 350345 (-5)

2.46% less ownership

Funds ownership: 59.27%56.82% (-2.5%)

11% less call options, than puts

Call options by funds: $249M | Put options by funds: $280M

15% less capital invested

Capital invested by funds: $3.18B → $2.7B (-$480M)

Holders
345
Holders Change
-5
Holders Change %
-1.43%
% of All Funds
4.25%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
60
Increased
116
Reduced
109
Closed
58
Calls
$249M
Puts
$280M
Net Calls
-$31.3M
Net Calls Change
-$176M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$311M +$1.33M +19,225 +0.4%
JP Morgan Chase
2
JP Morgan Chase
New York
$309M +$53.9M +779,385 +17%
VCM
3
Vanguard Capital Management
Pennsylvania
$189M +$209M +3,018,092 New
VPM
4
Vanguard Portfolio Management
Pennsylvania
$187M +$206M +2,981,857 New
Baillie Gifford & Co
5
Baillie Gifford & Co
United Kingdom
$173M -$6.92M -100,020 -3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$108M +$19.2M +277,493 +19%
State Street
7
State Street
Massachusetts
$97.4M +$4.06M +58,658 +4%
Jane Street
8
Jane Street
New York
$76.4M +$84M +1,213,859 +27,866%
Morgan Stanley
9
Morgan Stanley
New York
$73M -$15M -216,935 -16%
Two Sigma Investments
10
Two Sigma Investments
New York
$59.5M +$13.1M +189,312 +25%
Squarepoint
11
Squarepoint
New York
$55.8M +$55.9M +807,150 +968%
Citadel Advisors
12
Citadel Advisors
Florida
$49M +$17M +246,156 +46%
Goldman Sachs
13
Goldman Sachs
New York
$45.5M -$9.76M -141,073 -16%
FCM
14
Frontier Capital Management
Massachusetts
$42.1M +$46.5M +672,383 New
AIIMS
15
Analyst IMS Investment Management Services
Israel
$38.7M
Northern Trust
16
Northern Trust
Illinois
$38.2M +$1.3M +18,723 +3%
BC
17
BIT Capital
Germany
$36.6M -$86M -1,242,797 -68%
Holocene Advisors
18
Holocene Advisors
New York
$34.7M -$15.9M -229,187 -29%
HFF
19
Halter Ferguson Financial
Indiana
$34.2M -$3.77M -54,539 -9%
Charles Schwab
20
Charles Schwab
California
$32.4M -$340K -4,910 -0.9%
N
21
Nuveen
North Carolina
$28.6M +$6.18M +89,279 +24%
VFT
22
Vanguard Fiduciary Trust
Pennsylvania
$27.8M +$30.7M +442,885 New
Bank of America
23
Bank of America
North Carolina
$22.6M +$8.55M +123,484 +52%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$21.7M +$3.65M +52,752 +18%
UBS Group
25
UBS Group
Switzerland
$21.7M +$2.06M +29,776 +9%