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Lemonade

249 hedge funds and large institutions have $1.38B invested in Lemonade in 2025 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 72 increasing their positions, 70 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less ownership

Funds ownership:

less funds holding

Funds holding:

14% less capital invested

Capital invested by funds: $1.6B → $1.38B (-$227M)

18% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 57

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
249
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$129M
Puts
$77.9M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Janus Henderson Group
76
Janus Henderson Group
United Kingdom
$873K
BIS
77
BG Investment Services
Guam
$817K
CF
78
Corebridge Financial
Texas
$804K
ERSOT
79
Employees Retirement System of Texas
Texas
$769K
Osaic Holdings
80
Osaic Holdings
Arizona
$722K
EP
81
Edgestream Partners
New Jersey
$711K
UCMOK
82
United Capital Management of KS
Kansas
$689K
DTL
83
Dynamic Technology Lab
Singapore
$638K
MA
84
MYDA Advisors
New York
$629K
VanEck Associates
85
VanEck Associates
New York
$583K
New York State Common Retirement Fund
86
New York State Common Retirement Fund
New York
$570K
Verition Fund Management
87
Verition Fund Management
Connecticut
$551K
FF
88
Fluent Financial
Texas
$545K
Canada Life
89
Canada Life
Manitoba, Canada
$502K
ASRS
90
Arizona State Retirement System
Arizona
$483K
Raymond James Financial
91
Raymond James Financial
Florida
$464K
State of Wisconsin Investment Board
92
State of Wisconsin Investment Board
Wisconsin
$463K
BA
93
Bristlecone Advisors
Washington
$458K
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$456K
AG
95
Algert Global
California
$452K
Wolverine Trading
96
Wolverine Trading
Illinois
$450K
SFI
97
Susquehanna Fundamental Investments
Pennsylvania
$449K
VOYA Investment Management
98
VOYA Investment Management
Georgia
$443K
Nomura Holdings
99
Nomura Holdings
Japan
$416K
DFCM
100
Dark Forest Capital Management
Puerto Rico
$413K