Lemonade
LMND
225 hedge funds and large institutions have $495M invested in Lemonade in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 62 increasing their positions, 52 reducing their positions, and 40 closing their positions.
54% more call options, than puts
Call options by funds: $45.6M | Put options by funds: $29.6M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 52
1.68% more ownership
Funds ownership: 50.62% → 52.31% (+1.7%)
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
2% less funds holding
Funds holding: 229 → 225 (-4)
33% less capital invested
Capital invested by funds: $737M → $495M (-$243M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.54M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.01M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$4.53M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.78M |
| 2 |
Morgan Stanley
New York
|
-$7.52M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.69M |
| 4 |
Squarepoint
New York
|
-$2.23M |
| 5 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
-$2.12M |
LMND Hedge Fund Activity: Q4 2022 in Review
225 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Lemonade (LMND) for Q4 2022, worth a combined $495M — down 33% from $737M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of LMND and 39 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 62 added.
The largest buyer was Millennium Management, adding an estimated $10.4M. The largest seller was Goldman Sachs, cutting an estimated $8.78M.
- 225 institutional investors held Lemonade (LMND) as of Q4 2022, down from 229 in Q3 2022.
- Funds reported $495M of Lemonade stock for Q4 2022, down 33% quarter-over-quarter.
- 39 funds opened new Lemonade positions in Q4 2022 and 40 closed out, a net change of -1 holder.
- The largest Lemonade buyer in Q4 2022 was Millennium Management, an estimated $10.4M added.
- The largest Lemonade seller in Q4 2022 was Goldman Sachs, an estimated $8.78M sold.
Based on aggregated 13F filings for Q4 2022.