L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 23 Jan 2026
Managers listing it
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
10,095,938
combined, among listed positions
Reported value
$719m
combined, at the quarter end

Among the 92 comparable managers: 15 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +943,049.

Managers listing LMND in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

27 of 27 holders

ActionFiling
Baillie Gifford & Co2,866,446$204m0.17%Trimmed-75,61023 Jan 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,484,175$106munder 0.1%Added+965,32117 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,161,499$83munder 0.1%Trimmed-656,36917 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP782,753$56m0.12%Added+570,36817 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP759,242$54m0.08%Trimmed-53,82017 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC535,660$38munder 0.1%Trimmed-106,70717 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)476,360$34munder 0.1%Added+203,49917 Feb 2026 (the filing on sec.gov)
Man Group PLC364,963$26munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP348,898$25munder 0.1%Trimmed-38,16817 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP294,164$21munder 0.1%Trimmed-97,83817 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp148,987$11munder 0.1%Trimmed-67,08717 Feb 2026 (the filing on sec.gov)
Invesco Ltd144,021$10munder 0.1%Added+76,26519 Feb 2026 (the filing on sec.gov)
PDT Partners LLC125,757$9.0m0.58%Trimmed-69,78917 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC104,694$7.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC83,367$5.9munder 0.1%Added+76,21913 Feb 2026 (the filing on sec.gov)
Maverick Capital Ltd69,864$5.0m0.05%Added+8,01513 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP66,074$4.7munder 0.1%Added+57,63413 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP61,694$4.4munder 0.1%Added+5,87317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC55,508$4.0munder 0.1%Trimmed-118,79817 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC54,959$3.9munder 0.1%Trimmed-28,19113 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP40,339$2.9munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd29,077$2.1munder 0.1%Added+3,50017 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC21,569$1.5munder 0.1%Added+15917 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC5,171$368kunder 0.1%Trimmed-26,61213 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC4,356$310kunder 0.1%Trimmed-80,65512 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
3 in Q3 2024 to 4 in Q2 2026

Tracked managers listing it, at least.

035810202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
LMND by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20205$196mn.a.n.a.
Q4 20205$447mn.a.n.a.
Q1 20215$437mn.a.n.a.
Q2 20214$637mn.a.n.a.
Q3 20216$480mn.a.n.a.
Q4 20218$283mn.a.n.a.
Q1 20224$165mn.a.n.a.
Q2 20222$95mn.a.n.a.
Q3 20221$104mn.a.n.a.
Q4 20221$67mn.a.n.a.
Q1 20231$72mn.a.n.a.
Q2 20231$80mn.a.n.a.
Q3 20231$55mn.a.n.a.
Q4 20231$73m01
Q1 20242$75m11
Q2 20243$70m21
Q3 20243$64m02
Q4 20249$301m62
Q1 20254$176m22
Q2 20257$285m42
Q3 20259$348m54
Q4 20258$461m1516
Q1 20269$359m1615
Q2 20264$284m1020

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

LMND and V →LMND and AXP →LMND and BAC →Choose a stock to compare with LMND →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own LMND, latest filings →Back to the 13F Explorer →