Lemonade
LMND
220 hedge funds and large institutions have $639M invested in Lemonade in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 62 increasing their positions, 46 reducing their positions, and 29 closing their positions.
48% more call options, than puts
Call options by funds: $39.9M | Put options by funds: $26.9M
35% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 46
25% more capital invested
Capital invested by funds: $513M → $639M (+$126M)
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
2.68% more ownership
Funds ownership: 51.94% → 54.62% (+2.7%)
2% more funds holding
Funds holding: 216 → 220 (+4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.2M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.58M |
| 3 |
Millennium Management
New York
|
+$5.57M |
| 4 |
Goldman Sachs
New York
|
+$4.35M |
| 5 |
Renaissance Technologies
New York
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.76M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.21M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$4.28M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$3.25M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.78M |
LMND Hedge Fund Activity: Q2 2023 in Review
220 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Lemonade (LMND) for Q2 2023, worth a combined $639M — up 25% from $513M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new LMND positions and 29 closed out — a net gain of 5 holders — while 62 added to existing stakes and 46 trimmed.
The largest buyer was Vanguard Group, adding an estimated $17.2M. The largest seller was Citadel Advisors, cutting an estimated $9.76M.
- 220 institutional investors held Lemonade (LMND) as of Q2 2023, up from 216 in Q1 2023.
- Funds reported $639M of Lemonade stock for Q2 2023, up 25% quarter-over-quarter.
- 34 funds opened new Lemonade positions in Q2 2023 and 29 closed out, a net change of +5 holders.
- The largest Lemonade buyer in Q2 2023 was Vanguard Group, an estimated $17.2M added.
- The largest Lemonade seller in Q2 2023 was Citadel Advisors, an estimated $9.76M sold.
Based on aggregated 13F filings for Q2 2023.