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Lemonade

203 hedge funds and large institutions have $436M invested in Lemonade in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 55 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more call options, than puts

Call options by funds: $35.4M | Put options by funds: $27M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.82% less ownership

Funds ownership: 54.62%53.81% (-0.82%)

5% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 55

8% less funds holding

Funds holding: 220203 (-17)

32% less capital invested

Capital invested by funds: $639M → $436M (-$203M)

33% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 42

Holders
203
Holders Change
-17
Holders Change %
-7.73%
% of All Funds
3.22%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
28
Increased
52
Reduced
55
Closed
42
Calls
$35.4M
Puts
$27M
Net Calls
+$8.48M
Net Calls Change
-$4.54M
Name Holding Trade Value Shares
Change
Change in
Stake
SoftBank Group
1
SoftBank Group
Japan
$139M
Vanguard Group
2
Vanguard Group
Pennsylvania
$58.2M -$11.3M -701,392 -12%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$54.7M -$992K -61,873 -1%
BlackRock
4
BlackRock
New York
$42.7M +$3.1M +192,960 +6%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$13.3M +$3.21M +200,364 +21%
State Street
6
State Street
Massachusetts
$13.1M +$2M +124,549 +12%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$9.41M +$9.36M +583,514 +258%
GCGM
8
General Catalyst Group Management
Massachusetts
$9.37M
Millennium Management
9
Millennium Management
New York
$8.31M -$2.84M -176,835 -20%
Morgan Stanley
10
Morgan Stanley
New York
$7.58M -$975K -60,793 -9%
Legal & General Group
11
Legal & General Group
United Kingdom
$6.16M +$2.04M +127,075 +32%
Northern Trust
12
Northern Trust
Illinois
$5.54M +$506K +31,567 +7%
Charles Schwab
13
Charles Schwab
California
$5.26M +$1.62M +100,872 +29%
Bank of America
14
Bank of America
North Carolina
$4.92M +$6.58M +410,143 +3,191%
Citadel Advisors
15
Citadel Advisors
Florida
$4.2M -$3.54M -220,958 -38%
Capital Fund Management (CFM)
16
Capital Fund Management (CFM)
France
$3.55M +$811K +50,574 +20%
PAM
17
Panagora Asset Management
Massachusetts
$3.26M -$57.2K -3,565 -1%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$2.66M +$309K +19,252 +9%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$2.41M -$2.39M -149,145 -42%
Goldman Sachs
20
Goldman Sachs
New York
$2.11M -$6.06M -377,875 -68%
PC
21
PhiloSmith Capital
Connecticut
$1.92M +$642K +40,000 +32%
SC
22
Sculptor Capital
New York
$1.74M
Marshall Wace
23
Marshall Wace
United Kingdom
$1.62M +$2.24M +139,759 New
N
24
Nuveen
North Carolina
$1.59M -$24.4K -1,523 -1%
TRSOTSOK
25
Teachers Retirement System of the State of Kentucky
Kentucky
$1.36M -$12.2K -763 -0.6%

LMND Hedge Fund Activity: Q3 2023 in Review

203 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Lemonade (LMND) for Q3 2023, worth a combined $436M — down 32% from $639M a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of LMND and 28 opened new positions — a net loss of 14 holders — while 55 trimmed existing stakes and 52 added.

The largest buyer was Susquehanna International Group, adding an estimated $9.36M. The largest seller was Vanguard Group, cutting an estimated $11.3M.

  • 203 institutional investors held Lemonade (LMND) as of Q3 2023, down from 220 in Q2 2023.
  • Funds reported $436M of Lemonade stock for Q3 2023, down 32% quarter-over-quarter.
  • 28 funds opened new Lemonade positions in Q3 2023 and 42 closed out, a net change of -14 holders.
  • The largest Lemonade buyer in Q3 2023 was Susquehanna International Group, an estimated $9.36M added.
  • The largest Lemonade seller in Q3 2023 was Vanguard Group, an estimated $11.3M sold.

Based on aggregated 13F filings for Q3 2023.