DaveManuel.com · Institutional Ownership · Who Owns It
LEMONADE INC (LMND)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
346
Reporting holders
$3.5B
Reported value
58.4%
Of shares outstanding
8.2%
Calls
8.3%
Puts
-4
Holder change
Institutions report 45,161,083 shares against 77,396,615 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $393.4M | 6,047,782 | 0.01% | 8q | +21.7%+$70.2M |
| JPMORGAN CHASE & CO | $335.5M | 5,392,829 | 0.02% | 24q | +2.5%+$8.1M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $204.3M | 3,140,615 | 0.01% | 2q | +5.3%+$10.3M |
| VANGUARD CAPITAL MANAGEMENT LLC | $199.8M | 3,071,174 | 0.00% | 2q | +1.8%+$3.5M |
| JANE STREET GROUP, LLC | $184.5M incl. $147.7M options CALL+PUT | 565,854 | 0.02% | 24q | -53.6%-$212.7M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $181.7M incl. $136.2M options CALL+PUT | 700,512 | 0.01% | 24q | +101.9%+$91.7M |
| BAILLIE GIFFORD & CO | $179.0M | 2,751,019 | 0.16% | 24q | -0.6%-$1.0M |
| CITADEL ADVISORS LLC | $145.3M incl. $114.5M options CALL+PUT | 472,837 | 0.02% | 24q | -39.5%-$94.9M |
| GOLDMAN SACHS GROUP INC | $125.8M | 1,934,586 | 0.01% | 24q | +166.7%+$78.7M |
| STATE STREET CORP | $115.1M | 1,769,235 | 0.00% | 24q | +13.8%+$14.0M |
| GEODE CAPITAL MANAGEMENT, LLC | $112.6M | 1,730,609 | 0.01% | 24q | +0.9%+$960.2K |
| MORGAN STANLEY | $78.9M | 1,212,762 | 0.00% | 24q | +4.1%+$3.1M |
| TWO SIGMA INVESTMENTS, LP | $77.0M incl. $644.0K options CALL+PUT | 1,173,878 | 0.06% | 7q | +23.8%+$14.8M |
| Halter Ferguson Financial Inc. | $65.4M | 1,005,815 | 10.60% | 11q | +84.1%+$29.9M |
| GROUP ONE TRADING LLC | $49.7M incl. $34.7M options CALL+PUT | 231,456 | 0.07% | 24q | +28.6%+$11.1M |
| NORTHERN TRUST CORP | $45.7M | 702,460 | 0.01% | 24q | +15.3%+$6.1M |
| IMC-Chicago, LLC | $41.4M incl. $40.9M options CALL+PUT | 6,316 | 0.01% | 19q | -13.5%-$6.4M |
| BNP PARIBAS FINANCIAL MARKETS | $40.8M incl. $19.5M options PUT | 327,561 | 0.01% | 7q | +1079.7%+$37.4M |
| Analyst IMS Investment Management Services Ltd. | $40.2M | 617,639 | 0.93% | 6q | HELD |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $39.7M | 609,820 | 0.37% | 2q | -9.3%-$4.1M |
| CAPITAL FUND MANAGEMENT S.A. | $37.2M incl. $2.9M options CALL+PUT | 527,970 | 0.16% | 20q | +69.6%+$15.3M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $36.7M | 563,826 | 0.00% | 24q | +9.0%+$3.0M |
| VANGUARD FIDUCIARY TRUST CO | $31.0M | 476,778 | 0.01% | 2q | +7.7%+$2.2M |
| T. Rowe Price Investment Management, Inc. | $29.2M | 449,104 | 0.02% | new | NEW |
| UBS Group AG | $27.6M | 423,979 | 0.00% | 24q | +22.2%+$5.0M |
| Qube Research & Technologies Ltd | $27.6M | 423,951 | 0.03% | 4q | +52.6%+$9.5M |
| Trexquant Investment LP | $27.3M | 420,074 | 0.16% | 2q | +55.0%+$9.7M |
| CITIGROUP INC | $24.2M | 372,757 | 0.01% | 24q | +38.1%+$6.7M |
| Woodline Partners LP | $24.2M | 371,755 | 0.07% | 2q | +107.0%+$12.5M |
| Nuveen, LLC | $24.0M | 369,464 | 0.01% | 6q | -19.1%-$5.7M |
| PEAK6 LLC | $18.5M incl. $18.0M options CALL+PUT | 9,046 | 0.04% | 7q | -86.1%-$114.7M |
| D. E. Shaw & Co., Inc. | $18.4M incl. $4.7M options CALL+PUT | 209,386 | 0.01% | 23q | -38.2%-$11.3M |
| WELLS FARGO & COMPANY/MN | $17.8M | 272,991 | 0.00% | 24q | +50.1%+$5.9M |
| Privium Fund Management B.V. | $17.6M | 270,259 | 3.23% | 4q | +5.9%+$975.8K |
| Walleye Trading LLC | $17.1M incl. $13.9M options CALL+PUT | 48,349 | 0.02% | 24q | +6.2%+$999.0K |
| TUDOR INVESTMENT CORP ET AL | $16.2M incl. $5.5M options CALL+PUT | 163,831 | 0.02% | 7q | +45.8%+$5.1M |
| SIMPLEX TRADING, LLC | $15.1M incl. $13.4M options CALL+PUT | 25,960 | 0.01% | 24q | +2398.6%+$14.5M |
| Squarepoint Ops LLC | $14.6M | 224,307 | 0.02% | 10q | -74.8%-$43.3M |
| Bank of New York Mellon Corp | $13.9M | 213,083 | 0.00% | 24q | +17.4%+$2.1M |
| CANADA PENSION PLAN INVESTMENT BOARD | $13.5M | 208,300 | 0.01% | 4q | +27.9%+$3.0M |
| HRT FINANCIAL LP | $12.3M incl. $4.0M options OPT | 189,325 | 0.02% | new | NEW |
| BANK OF AMERICA CORP /DE/ | $11.6M | 177,853 | 0.00% | 24q | -50.7%-$11.9M |
| FEDERATED HERMES, INC. | $11.5M | 176,236 | 0.02% | 5q | +4.5%+$489.7K |
| PhiloSmith Capital Corp | $11.2M | 172,550 | 3.05% | 16q | HELD |
| Point72 Asset Management, L.P. | $9.1M CALL+PUT | options only | 0.01% | 11q | OPTIONS |
| Man Group plc | $8.9M | 136,257 | 0.01% | new | NEW |
| CI INVESTMENTS INC. | $8.5M | 131,364 | 0.03% | 3q | HELD |
| Swiss National Bank | $8.5M | 130,200 | 0.00% | 23q | +5.2%+$416.3K |
| BARCLAYS PLC | $7.6M | 117,550 | 0.00% | 18q | -38.8%-$4.8M |
| FIRST TRUST ADVISORS LP | $6.8M | 104,796 | 0.00% | 11q | -31.3%-$3.1M |
| AMERIPRISE FINANCIAL INC | $6.8M | 104,109 | 0.00% | 11q | -25.2%-$2.3M |
| GILDER GAGNON HOWE & CO LLC | $6.7M | 102,501 | 0.07% | 3q | -1.2%-$80.2K |
| LPL Financial LLC | $6.6M | 101,900 | 0.00% | 23q | +6.1%+$382.4K |
| Balyasny Asset Management L.P. | $6.6M incl. $1.7M options CALL+PUT | 75,870 | 0.01% | 3q | +712.5%+$5.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $6.5M | 100,026 | 0.00% | 14q | +8.0%+$481.8K |
| Ma Investment Partnership, LP | $6.5M | 100,000 | 1.16% | 3q | HELD |
| PRICE T ROWE ASSOCIATES INC /MD/ | $6.0M | 92,887 | 0.00% | 13q | +33.1%+$1.5M |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | $6.0M | 91,662 | 0.04% | 23q | HELD |
| RHUMBLINE ADVISERS | $5.8M | 89,112 | 0.00% | 24q | +18.6%+$908.8K |
| Hillsdale Investment Management Inc. | $5.6M | 85,700 | 0.13% | 3q | +6.1%+$318.7K |
| DEUTSCHE BANK AG\ | $5.1M | 78,065 | 0.00% | 24q | +33.2%+$1.3M |
| Walleye Capital LLC | $5.0M incl. $4.6M options CALL+PUT | 6,447 | 0.02% | 13q | -97.7%-$216.2M |
| MARSHALL WACE, LLP | $4.9M incl. $39.0K options PUT | 75,427 | 0.00% | 3q | -63.1%-$8.5M |
| ALLIANCEBERNSTEIN L.P. | $4.9M | 78,376 | 0.00% | 23q | +25.1%+$984.6K |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $4.9M | 74,984 | 0.00% | 24q | +2.9%+$136.4K |
| Invesco Ltd. | $4.8M | 74,460 | 0.00% | 24q | -39.2%-$3.1M |
| CANTOR FITZGERALD, L. P. | $4.8M | 73,328 | 0.03% | 5q | +82.8%+$2.2M |
| PDT Partners, LLC | $4.7M | 71,637 | 0.24% | 10q | -20.0%-$1.2M |
| EFG International AG | $4.5M | 69,766 | 0.08% | 3q | HELD |
| Liontrust Investment Partners LLP | $4.5M | 69,323 | 0.07% | 6q | +17.2%+$660.8K |
| Sparta 24 Ltd. | $4.4M | 68,336 | 4.08% | 3q | -35.4%-$2.4M |
| Niles Investment Management, LLC | $4.4M | 68,275 | 3.60% | new | NEW |
| VANGUARD ASSET MANAGEMENT, Ltd | $3.9M | 59,661 | 0.00% | 2q | +5.9%+$216.3K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $3.8M | 58,504 | 0.00% | 9q | +2.8%+$105.3K |
| NIA IMPACT ADVISORS, LLC | $3.8M | 57,721 | 1.56% | 7q | -9.3%-$385.4K |
| Amtrust Financial Services, Inc. | $3.7M | 56,644 | 1.10% | 16q | HELD |
| Baird Financial Group, Inc. | $3.5M | 54,257 | 0.00% | new | NEW |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | $3.4M | 52,977 | 0.22% | 3q | -75.0%-$10.3M |
| Legal & General Group Plc | $3.4M | 52,301 | 0.00% | 24q | +4.7%+$153.8K |
| ZACKS INVESTMENT MANAGEMENT | $3.1M | 47,477 | 0.02% | new | NEW |
| AQR CAPITAL MANAGEMENT LLC | $3.0M | 46,085 | 0.00% | 10q | -25.0%-$999.8K |
| MILLENNIUM MANAGEMENT LLC | $3.0M incl. $455.4K options CALL | 38,350 | 0.00% | 21q | +442.0%+$2.4M |
| Sender Co & Partners, Inc. | $2.9M CALL | options only | 0.85% | new | OPTIONS |
| Havemeyer Place LP | $2.9M | 44,751 | 0.29% | 3q | +21.5%+$514.5K |
| DNB Asset Management AS | $2.9M | 44,520 | 0.01% | 4q | +349.9%+$2.3M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $2.9M | 43,943 | 0.00% | 3q | -23.8%-$890.9K |
| Hudson Bay Capital Management LP | $2.8M | 43,327 | 0.01% | 2q | -14.7%-$487.4K |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $2.7M | 42,071 | 0.00% | 17q | +18.7%+$431.4K |
| MetLife Investment Management, LLC | $2.7M | 41,863 | 0.01% | 18q | +24.1%+$529.1K |
| Axxion S.A. | $2.5M | 38,773 | 0.18% | new | FIRST |
| FMR LLC | $2.3M | 36,088 | 0.00% | 23q | -29.0%-$957.4K |
| Marex Group Ltd | $2.3M | 35,848 | 0.01% | 3q | -26.0%-$818.2K |
| Tidal Investments LLC | $2.3M | 35,502 | 0.00% | 10q | -25.5%-$789.7K |
| Clear Street Group Inc. | $2.2M | 34,536 | 0.01% | 3q | +8.6%+$177.7K |
| UDINE WEALTH MANAGEMENT, INC. | $2.2M | 33,461 | 0.90% | 6q | +6.4%+$131.6K |
| ROYAL BANK OF CANADA | $2.1M | 32,012 | 0.00% | 24q | +2.2%+$44.5K |
| LMR Partners LLP | $2.0M | 30,408 | 0.01% | new | NEW |
| Jain Global LLC | $1.9M incl. $1.3M options PUT | 9,534 | 0.01% | 2q | +114.2%+$1.0M |
| Jupiter Topco LLC | $1.9M | 29,077 | 0.00% | new | FIRST |
| NOMURA HOLDINGS INC | $1.9M | 28,640 | 0.00% | 3q | -1.7%-$32.2K |
Showing the largest 100 of 346 reported holders.
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-10-15 | 2026-07-27 | Directors or officers departed or appointed | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-07 | BIXBY TIMOTHY E | Chief Financial Officer | Sold | 73,000 | $5.8M |
| 2026-08-13 | Peters John Sheldon | Chief Insurance Officer | Sold | 11,000 | $578.0K |
| 2026-07-06 | Peters John Sheldon | Chief Insurance Officer | Sold | 3,444 | $272.1K |
| 2026-06-04 | Peters John Sheldon | Chief Insurance Officer | Sold | 3,608 | $191.0K |
| 2026-09-04 | Peters John Sheldon | Chief Insurance Officer | Sold | 2,249 | $122.5K |
| 2026-06-03 | BIXBY TIMOTHY E | Chief Financial Officer | Sold | 2,227 | $118.4K |
| 2026-09-03 | BIXBY TIMOTHY E | Chief Financial Officer | Sold | 1,893 | $103.4K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 69 | $60.6M | 1,269,632 | 15 | 14 | 18 | 3.7% |
| Q2 2026 | 346 | $3.5B | 45,161,083 | 56 | 130 | 82 | 16.6% |
| Q1 2026 | 350 | $3.2B | 43,492,582 | 55 | 113 | 111 | 16.4% |
| Q4 2025 | 355 | $3.8B | 44,554,448 | 80 | 113 | 88 | 17.6% |
| Q3 2025 | 306 | $3.0B | 47,732,458 | 74 | 93 | 77 | 16.2% |
| Q2 2025 | 282 | $2.3B | 45,116,640 | 64 | 98 | 54 | 15.4% |
| Q1 2025 | 254 | $1.6B | 43,797,301 | 42 | 71 | 68 | 13.1% |
| Q4 2024 | 280 | $2.0B | 43,691,584 | 73 | 59 | 68 | 19.9% |
| Q3 2024 | 225 | $774.5M | 41,127,901 | 34 | 55 | 61 | 12.3% |
| Q2 2024 | 219 | $1.0B | 53,541,599 | 36 | 66 | 44 | 12.7% |
| Q1 2024 | 210 | $809.3M | 42,412,786 | 34 | 51 | 52 | 14.1% |
| Q4 2023 | 220 | $756.2M | 39,547,891 | 35 | 54 | 54 | 15.6% |
| Q3 2023 | 204 | $637.4M | 49,479,860 | 30 | 50 | 53 | 9.8% |
| Q2 2023 | 223 | $706.1M | 37,957,558 | 33 | 61 | 47 | 9.5% |
| Q1 2023 | 219 | $565.3M | 35,994,577 | 29 | 59 | 50 | 9.2% |
| Q4 2022 | 228 | $570.3M | 36,174,174 | 40 | 53 | 65 | 13.2% |
| Q3 2022 | 209 | $5.1B | 233,550,082 | 34 | 63 | 44 | 3.0% |
| Q2 2022 | 200 | $2.6B | 133,131,261 | 25 | 45 | 67 | 6.0% |
| Q1 2022 | 227 | $3.6B | 124,004,574 | 41 | 63 | 61 | 8.7% |
| Q4 2021 | 256 | $2.7B | 48,741,933 | 40 | 72 | 72 | 22.8% |
| Q3 2021 | 284 | $9.2B | 127,785,637 | 42 | 98 | 67 | 6.4% |
| Q2 2021 | 317 | $6.3B | 48,885,341 | 70 | 118 | 64 | 15.6% |
| Q1 2021 | 292 | $5.7B | 40,717,091 | 108 | 110 | 45 | 14.4% |
| Q4 2020 | 247 | $5.8B | 39,454,686 | 136 | 58 | 28 | 15.9% |
| Q3 2020 | 124 | $1.5B | 29,941,934 | 125 | 0 | 0 | 3.3% |
| Q2 2020 | 1 | $64.0K | 585 | 0 | 0 | 0 | 0.0% |
| Q1 2020 | 1 | $64.0K | 585 | 0 | 0 | 0 | 0.0% |
| Q4 2019 | 1 | $64.0K | 585 | 0 | 0 | 0 | 0.0% |
| Q3 2019 | 1 | $64.0K | 585 | 0 | 0 | 0 | 0.0% |
| Q2 2019 | 1 | $64.0K | 585 | 0 | 0 | 0 | 0.0% |
| Q1 2019 | 1 | $64.0K | 585 | 1 | 0 | 0 | 0.0% |