Lemonade
LMND
216 hedge funds and large institutions have $514M invested in Lemonade in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 34 closing their positions.
42% more call options, than puts
Call options by funds: $30.5M | Put options by funds: $21.5M
21% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 52
4% more capital invested
Capital invested by funds: $495M → $514M (+$19.3M)
0.37% less ownership
Funds ownership: 52.31% → 51.94% (-0.37%)
4% less funds holding
Funds holding: 225 → 216 (-9)
12% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 34
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$7.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.55M |
| 3 |
Morgan Stanley
New York
|
+$3M |
| 4 |
BlackRock
New York
|
+$2.4M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$3.26M |
| 2 |
Millennium Management
New York
|
-$3.02M |
| 3 |
Goldman Sachs
New York
|
-$2.22M |
| 4 |
TC
TwinBeech Capital
Purchase,
New York
|
-$2.09M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$2.07M |
LMND Hedge Fund Activity: Q1 2023 in Review
216 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Lemonade (LMND) for Q1 2023, worth a combined $514M — up 3.9% from $495M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of LMND and 30 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 63 added.
The largest buyer was Citadel Advisors, adding an estimated $7.2M. The largest seller was Marshall Wace, cutting an estimated $3.26M.
- 216 institutional investors held Lemonade (LMND) as of Q1 2023, down from 225 in Q4 2022.
- Funds reported $514M of Lemonade stock for Q1 2023, up 3.9% quarter-over-quarter.
- 30 funds opened new Lemonade positions in Q1 2023 and 34 closed out, a net change of -4 holders.
- The largest Lemonade buyer in Q1 2023 was Citadel Advisors, an estimated $7.2M added.
- The largest Lemonade seller in Q1 2023 was Marshall Wace, an estimated $3.26M sold.
Based on aggregated 13F filings for Q1 2023.