Lemonade
LMND
229 hedge funds and large institutions have $737M invested in Lemonade in 2022 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 72 increasing their positions, 47 reducing their positions, and 28 closing their positions.
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
53% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 47
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more capital invested
Capital invested by funds: $605M → $737M (+$132M)
19% more call options, than puts
Call options by funds: $82.3M | Put options by funds: $69M
6% more funds holding
Funds holding: 216 → 229 (+13)
3.15% less ownership
Funds ownership: 53.77% → 50.62% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.6M |
| 3 |
HSCM
Hudson Structured Capital Management
Stamford,
Connecticut
|
+$8.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.84M |
| 5 |
Two Sigma Investments
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCGM
General Catalyst Group Management
Cambridge,
Massachusetts
|
-$15.9M |
| 2 |
Morgan Stanley
New York
|
-$8.58M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$3.42M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$3.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.88M |
LMND Hedge Fund Activity: Q3 2022 in Review
229 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Lemonade (LMND) for Q3 2022, worth a combined $737M — up 22% from $605M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new LMND positions and 28 closed out — a net gain of 16 holders — while 72 added to existing stakes and 47 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.3M. The largest seller was General Catalyst Group Management, cutting an estimated $15.9M.
- 229 institutional investors held Lemonade (LMND) as of Q3 2022, up from 216 in Q2 2022.
- Funds reported $737M of Lemonade stock for Q3 2022, up 22% quarter-over-quarter.
- 44 funds opened new Lemonade positions in Q3 2022 and 28 closed out, a net change of +16 holders.
- The largest Lemonade buyer in Q3 2022 was Goldman Sachs, an estimated $11.3M added.
- The largest Lemonade seller in Q3 2022 was General Catalyst Group Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2022.