LMND
Lemonade, Inc. · Financial Services · Insurance - Property & Casualty
Momentum inputs (comparable managers):
holder breadth +8.3% ·
share flow -5.6% ·
net new positions +7.7%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 109 | +2 | 34.58M | $2.23B | +7 | −6 |
| Q1 2026 | 111 | -2 | 32.98M | $2.05B | +5 | −7 |
| Q4 2025 | 112 | +1 | 36.84M | $2.59B | +1 | — |
| Q3 2025 | 17 | -1 | 29.78M | $1.59B | +1 | −3 |
| Q2 2025 | 16 | 0 | 20.17M | $883.55M | +1 | −1 |
| Q1 2025 | 13 | +1 | 10.02M | $315.00M | +1 | — |
| Q4 2024 | 12 | +1 | 10.62M | $388.73M | +3 | −2 |
| Q3 2024 | 10 | -1 | 8.15M | $133.39M | — | −1 |
| Q2 2024 | 11 | — | 8.03M | $131.29M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Baillie Gifford ✦ | 3.17M | -6.4% | $99.57M | 0.1% | ▼ Trim | 4 | SEC ↗ ×4 |
| 2 | D. E. Shaw & Co. ✦ | 2.21M | -20.4% | $69.33M | 0.1% | ▼ Trim | 4 | SEC ↗ ×2 |
| 3 | State Street Global Advisors ✦ (passive) | 1.71M | +3.0% | $53.89M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | Geode Capital Management ✦ (passive) | 1.24M | +2.8% | $38.89M | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
| 5 | Citadel Advisors ✦ | 483.96K | -22.3% | $15.21M | 0.0% | ▼ Trim | 4 | SEC ↗ ×2 |
| 6 | Two Sigma Investments ✦ | 399.51K | -33.6% | $12.56M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 7 | Millennium Management ✦ | 329.93K | +255.2% | $10.37M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 8 | Marshall Wace ✦ | 300.64K | New | $9.45M | 0.0% | New | 1 | SEC ↗ ×3 |
| 9 | Renaissance Technologies ✦ | 73.91K | -62.7% | $2.32M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 10 | T. Rowe Price ✦ | 42.88K | +40.2% | $1.35M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 11 | AQR Capital Management ✦ | 30.49K | +107.3% | $958,301 | 0.0% | ▲ Add | 4 | SEC ↗ ×5 |
| 12 | Norges Bank ✦ (passive) | 25.66K | 0.0% | $806,368 | 0.0% | Held | 4 | SEC ↗ |
| 13 | Gotham Asset Management ✦ | 9.32K | +28.1% | $292,896 | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $9.45M | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 344 holders, 38.17M shares, $2.34B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 2.25K sh · $122,458
Officer · 1.89K sh · $103,415
Officer · 859 sh · $46,927
Officer · 1.04K sh · $56,815
Officer · 11.00K sh · $578,050
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology