Lemonade
LMND
287 hedge funds and large institutions have $2.37B invested in Lemonade in 2021 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 103 increasing their positions, 68 reducing their positions, and 68 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 68
4.2% more ownership
Funds ownership: 53.29% → 57.49% (+4.2%)
9% less funds holding
Funds holding: 315 → 287 (-28)
34% less capital invested
Capital invested by funds: $3.58B → $2.37B (-$1.21B)
34% less call options, than puts
Call options by funds: $234M | Put options by funds: $354M
35% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 68
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$67.5M |
| 2 |
Two Sigma Advisers
New York
|
+$46.3M |
| 3 |
Morgan Stanley
New York
|
+$42M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
-$57M |
| 2 |
Coatue Management
New York
|
-$47.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$20.9M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
-$10.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$9.8M |
LMND Hedge Fund Activity: Q3 2021 in Review
287 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Lemonade (LMND) for Q3 2021, worth a combined $2.37B — down 34% from $3.58B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of LMND and 44 opened new positions — a net loss of 24 holders — while 68 trimmed existing stakes and 103 added.
The largest buyer was Two Sigma Investments, adding an estimated $67.5M. The largest seller was Amundi, exiting entirely with an estimated $57M sold.
- 287 institutional investors held Lemonade (LMND) as of Q3 2021, down from 315 in Q2 2021.
- Funds reported $2.37B of Lemonade stock for Q3 2021, down 34% quarter-over-quarter.
- 44 funds opened new Lemonade positions in Q3 2021 and 68 closed out, a net change of -24 holders.
- The largest Lemonade buyer in Q3 2021 was Two Sigma Investments, an estimated $67.5M added.
- The largest Lemonade seller in Q3 2021 was Amundi, an estimated $57M sold.
Based on aggregated 13F filings for Q3 2021.