Vault-13

LEMONADE INC LMND.WS

*W EXP 02/09/202 · Equity WRT · CUSIP 52567D115

13 institutional holders +0 vs Q3 2024
1,253,3941.3m shares reported held*
$172.4kreported value*
3 new 1 added 2 reduced 3 sold out net sold ≈ $6.8k (-45.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.14.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

051015Q1 23: 15Q2 23: 13Q3 23: 13Q4 23: 13Q1 24: 12Q2 24: 11Q3 24: 13Q4 24: 1313Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q1 202315
Q2 202313
Q3 202313
Q4 202313
Q1 202412
Q2 202411
Q3 202413
Q4 202413

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q2 23: 3 bought or addedQ2 23: 7 cut or sold outQ2 23Q3 23: 5 bought or addedQ3 23: 3 cut or sold outQ4 23: 3 bought or addedQ4 23: 2 cut or sold outQ4 23Q1 24: 3 bought or addedQ1 24: 3 cut or sold outQ2 24: 2 bought or addedQ2 24: 3 cut or sold outQ2 24Q3 24: 3 bought or addedQ3 24: 4 cut or sold outQ4 24: 4 bought or addedQ4 24: 5 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q2 202337
Q3 202353
Q4 202332
Q1 202433
Q2 202423
Q3 202434
Q4 202445

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1k$2k$3k$4kQ1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $0Q2 24 puts: $0Q2 24P/C —Q3 24 calls: $3.7kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —
Numbers
QuarterCallsPutsP/C
Q1 2024$0$0—
Q2 2024$0$0—
Q3 2024$3.7k$00.00
Q4 2024$0$0—

Biggest buyers

LMR Partners LLP New +290,978+291.0k
CANTOR FITZGERALD, L. P. New +139,511+139.5k
Greenland Capital Management LP New +125,000+125.0k
Virtu Financial LLC Added +4,983+5.0k

Biggest sellers

Nantahala Capital Management, LLC Sold out -507,460-507.5k
CITADEL ADVISORS LLC Reduced -37,101-37.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -32,618-32.6k
UBS Group AG Sold out -28,194-28.2k
Blue Owl Capital Holdings LP Sold out -333-333

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.00% of their portfolio New York, NY 324,359324.4k $44.1k $44.1k 0.00% Unchanged
2 LMR Partners LLP 0.00% of their portfolio LONDON, X0 290,978291.0k $39.6k $39.6k 0.00% New
3 Corbin Capital Partners, L.P. 0.03% of their portfolio NEW YORK, NY 145,333145.3k $19.8k $19.8k 0.03% Unchanged
4 CANTOR FITZGERALD, L. P. 0.00% of their portfolio NEW YORK, NY 139,511139.5k $20.3k $20.3k 0.00% New
5 Greenland Capital Management LP 0.00% of their portfolio NEW YORK, NY 125,000125.0k $17.0k $17.0k 0.00% New
6 HEIGHTS CAPITAL MANAGEMENT, INC 0.01% of their portfolio SAN FRANCISCO, CA 88,94688.9k $12.1k $12.1k 0.01% Unchanged
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 50,24250.2k $6.8k $6.8k 0.00% Unchanged
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 33,33333.3k $4.5k $4.5k 0.00% Unchanged
9 Virtu Financial LLC 0.00% of their portfolio New York, NY 26,17726.2k $4.0k $4.0k 0.00% Added +5.0k +4,983
10 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,75219.8k $2.7k $2.7k 0.00% Reduced -37.1k -37,101
11 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 6,1816.2k $841 $841 0.00% Reduced -32.6k -32,618
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,5823.6k $488 $488 0.00% Unchanged
13 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged