Vault-13

LIGHTSPEED COMMERCE INC LSPD

SUB VTG SHS · Common Stock · CUSIP 53229C107 · ISIN CA53229C1077

109 institutional holders +2 vs Q2 2025
78,359,26378.4m shares reported held*
$905.1mreported value*
17 new 27 added 50 reduced 13 sold out net sold ≈ $36.5m (-3.2m 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 ($164.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.55. Options: 12 managers hold calls ($14.1m notional), 9 hold puts ($6.1m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 144Q4 22: 129Q1 23: 111Q2 23: 114Q3 23: 107Q4 23: 123Q1 24: 127Q2 24: 124Q3 24: 130Q4 24: 128Q1 25: 120Q2 25: 107Q3 25: 109109Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022144
Q4 2022129
Q1 2023111
Q2 2023114
Q3 2023107
Q4 2023123
Q1 2024127
Q2 2024124
Q3 2024130
Q4 2024128
Q1 2025120
Q2 2025107
Q3 2025109

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 65 bought or addedQ4 23: 47 cut or sold outQ1 24: 68 bought or addedQ1 24: 60 cut or sold outQ1 24Q2 24: 66 bought or addedQ2 24: 50 cut or sold outQ3 24: 63 bought or addedQ3 24: 64 cut or sold outQ3 24Q4 24: 72 bought or addedQ4 24: 56 cut or sold outQ1 25: 58 bought or addedQ1 25: 68 cut or sold outQ1 25Q2 25: 47 bought or addedQ2 25: 69 cut or sold outQ3 25: 44 bought or addedQ3 25: 63 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20236547
Q1 20246860
Q2 20246650
Q3 20246364
Q4 20247256
Q1 20255868
Q2 20254769
Q3 20254463

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ4 24 calls: $17.1mQ4 24 puts: $17.6mQ4 24P/C 1.03Q1 25 calls: $17.4mQ1 25 puts: $8.6mQ1 25P/C 0.49Q2 25 calls: $9.9mQ2 25 puts: $7.2mQ2 25P/C 0.73Q3 25 calls: $14.1mQ3 25 puts: $6.1mQ3 25P/C 0.43
Numbers
QuarterCallsPutsP/C
Q4 2024$17.1m$17.6m1.03
Q1 2025$17.4m$8.6m0.49
Q2 2025$9.9m$7.2m0.73
Q3 2025$14.1m$6.1m0.43

Biggest buyers

Connor, Clark & Lunn Investment Management Ltd. Added +613,369+613.4k
NATIONAL BANK OF CANADA /FI/ Added +567,898+567.9k
CITADEL ADVISORS LLC New +256,080+256.1k
Numerai GP LLC Added +132,175+132.2k
JANE STREET GROUP, LLC Added +128,320+128.3k
TWO SIGMA INVESTMENTS, LP Added +126,400+126.4k
LAZARD ASSET MANAGEMENT LLC New +119,849+119.8k
Point72 Asset Management, L.P. New +102,317+102.3k
LOUISBOURG INVESTMENTS INC. Added +99,357+99.4k
BANK OF AMERICA CORP /DE/ Added +97,183+97.2k

Biggest sellers

ROYAL BANK OF CANADA Reduced -1,585,175-1.6m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -1,515,145-1.5m
MILLENNIUM MANAGEMENT LLC Reduced -409,620-409.6k
VANGUARD GROUP INC Reduced -313,278-313.3k
Artisan Partners Limited Partnership Reduced -252,301-252.3k
Wishbone Management, LP Reduced -238,422-238.4k
MORGAN STANLEY Reduced -171,225-171.2k
Focus Partners Wealth Sold out -158,141-158.1k
FIL Ltd Reduced -140,000-140.0k
ANTIPODES PARTNERS Ltd Reduced -119,266-119.3k

Biggest calls

CIBC WORLD MARKET INC. New $4.5m390.0k shares
CITADEL ADVISORS LLC Added $2.0m169.2k shares
JANE STREET GROUP, LLC Added $1.5m128.4k shares
PEAK6 LLC Reduced $1.3m109.6k shares
Walleye Trading LLC Reduced $1.2m102.7k shares
SIG North Trading, ULC Reduced $1.1m92.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $963.3k83.4k shares
GROUP ONE TRADING LLC Added $887.0k76.8k shares
SIMPLEX TRADING, LLC Added $373.0k32.3k shares
NATIONAL BANK OF CANADA /FI/ Reduced $296.8k257 shares

Biggest puts

MILLENNIUM MANAGEMENT LLC Unchanged $1.8m160.0k shares
CITADEL ADVISORS LLC Reduced $1.4m123.7k shares
JANE STREET GROUP, LLC Reduced $1.2m100.0k shares
SIG North Trading, ULC Reduced $682.6k59.1k shares
SIMPLEX TRADING, LLC Added $392.0k34.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $333.8k28.9k shares
GROUP ONE TRADING LLC Reduced $147.8k12.8k shares
NATIONAL BANK OF CANADA /FI/ Added $127.0k110 shares
Walleye Trading LLC Reduced $8.1k700 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIL Ltd 13G · institution +1.9 pts · filed 2025-03-07 11.5% +1.9 pts 17.6m≈ $184.1m 2025-03-07
Dasilva Dax 13G · exempt (held before listing) filed 2025-08-11 10.6% 14.6m≈ $152.9m 2025-08-11
Pale Fire Capital SE 13G · passive investor new · filed 2026-10-01 5.1% new 6.7m≈ $69.8m 2026-10-01

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Caisse de depot et placement du Quebec 0.51% of their portfolio Montreal, A8 24,286,21924.3m $280.5m $280.5m 0.51% Unchanged
2 FIL Ltd 0.14% of their portfolio HAMILTON, D0 15,600,00015.6m $180.1m $180.1m 0.14% Reduced -140.0k -140,000
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,185,8375.2m $59.9m $59.9m 0.00% Reduced -313.3k -313,278
4 Wishbone Management, LP 25.45% of their portfolio Chicago, IL 4,098,3044.1m $47.3m $47.3m 25.45% Reduced -238.4k -238,422
5 Artisan Partners Limited Partnership 0.06% of their portfolio Milwaukee, WI 3,319,0303.3m $38.3m $38.3m 0.06% Reduced -252.3k -252,301
6 Connor, Clark & Lunn Investment Management Ltd. 0.10% of their portfolio VANCOUVER, A1 2,752,6692.8m $31.8m $31.8m 0.10% Added +613.4k +613,369
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,280,0132.3m $26.3m $26.3m 0.00% Reduced -1.6m -1,585,175
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,971,1252.0m $22.8m $22.8m 0.00% Added +97.2k +97,183
9 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 1,948,6201.9m $22.5m $22.5m 0.01% Added +9.5k +9,503
10 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,839,7501.8m $21.2m $21.2m 0.01% Added +69.0k +69,018
11 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,746,5951.7m $20.2m $20.2m 0.00% Reduced -85.9k -85,927
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,067,9601.1m $12.3m $12.3m 0.00% Reduced -64.8k -64,776
13 ANTIPODES PARTNERS Ltd 0.27% of their portfolio ROYAL EXCHANGE, C3 1,030,9611.0m $11.9m $11.9m 0.27% Reduced -119.3k -119,266
14 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 953,727953.7k $11.0m $11.0m 0.01% Reduced -1.5m -1,515,145
15 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 868,854868.9k $10.0m $10.0m 0.01% Added +567.9k +567,898
16 LOUISBOURG INVESTMENTS INC. 1.64% of their portfolio DIEPPE, A3 652,062652.1k $7.5m $7.5m 1.64% Added +99.4k +99,357
17 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 491,125491.1k $5.7m $5.7m 0.00% Reduced -409.6k -409,620
18 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 466,574466.6k $5.4m $5.4m 0.01% Added +84.6k +84,557
19 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 462,698462.7k $5.3m $5.3m 0.01% Added +89.4k +89,388
20 BlackRock, Inc. 0.00% of their portfolio New York, NY 453,058453.1k $5.2m $5.2m 0.00% Reduced -80.5k -80,521
21 Invenomic Capital Management LP 0.23% of their portfolio BOSTON, MA 386,259386.3k $4.5m $4.5m 0.23% Reduced -20.6k -20,645
22 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 380,393380.4k $4.4m $4.4m 0.00% Reduced -7.5k -7,532
23 INTACT INVESTMENT MANAGEMENT INC. 0.13% of their portfolio MONTREAL, A8 363,600363.6k $4.2m $4.2m 0.13% Added +20.0k +20,000
24 DC Investments Management, LLC 1.51% of their portfolio MCLEAN, VA 315,079315.1k $3.6m $3.6m 1.51% Reduced -48.0k -48,009
25 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.20% of their portfolio Englewood, NJ 278,470278.5k $3.2m $3.2m 0.20% Reduced -109.3k -109,319
26 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 275,353275.4k $3.2m $3.2m 0.01% Added +693 +693
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 274,079274.1k $3.2m $3.2m 0.00% Reduced -92.2k -92,164
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 266,151266.2k $3.1m $3.1m 0.00% Added +14.6k +14,594
29 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 256,080256.1k $3.0m $3.0m 0.00% New
30 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 248,166248.2k $2.9m $2.9m 0.00% Added +128.3k +128,320
31 Swiss National Bank 0.00% of their portfolio ZURICH, V8 242,300242.3k $2.8m $2.8m 0.00% Reduced -26.6k -26,600
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 202,400202.4k $2.3m $2.3m 0.00% Added +126.4k +126,400
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 183,939183.9k $2.1m $2.1m 0.00% Reduced -171.2k -171,225
34 Numerai GP LLC 0.26% of their portfolio SAN FRANCISCO, CA 159,209159.2k $1.8m $1.8m 0.26% Added +132.2k +132,175
35 Legal & General Group Plc 0.00% of their portfolio London, X0 152,583152.6k $1.8m $1.8m 0.00% Reduced -7.6k -7,593
36 Palogic Value Management, L.P. 0.73% of their portfolio DALLAS, TX 150,000150.0k $1.7m $1.7m 0.73% Reduced -10.0k -10,000
37 CIBC Asset Management Inc 0.00% of their portfolio TORONTO, Z4 131,890131.9k $1.5m $1.5m 0.00% Reduced -3.5k -3,466
38 PCJ Investment Counsel Ltd. 0.40% of their portfolio TORONTO, A6 126,020126.0k $1.5m $1.5m 0.40% Reduced -220 -220
39 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 125,575125.6k $1.4m $1.4m 0.00% Reduced -30.9k -30,925
40 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 119,849119.8k $1.4m $1.4m 0.00% New
41 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 113,669113.7k $1.3m $1.3m 0.00% Added +21.7k +21,718
42 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 109,340109.3k $1.3m $1.3m 0.00% Unchanged
43 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 105,000105.0k $1.2m $1.2m 0.00% Unchanged
44 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 102,317102.3k $1.2m $1.2m 0.00% New
45 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% of their portfolio BALA CYNWYD, PA 102,300102.3k $1.2m $1.2m 0.05% Reduced -3.4k -3,400
46 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 100,582100.6k $1.2m $1.2m 0.00% Reduced -1.7k -1,733
47 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 99,31799.3k $1.1m $1.1m 0.00% Reduced -89.4k -89,446
48 Verition Fund Management LLC 0.01% of their portfolio GREENWICH, CT 92,32792.3k $1.1m $1.1m 0.01% Reduced -37.5k -37,476
49 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 82,33782.3k $954.6k $954.6k 0.00% Added +4.0k +4,036
50 Spark Investment Management LLC 2.26% of their portfolio NEW YORK, NY 78,00078.0k $900.5k $900.5k 2.26% New
51 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 74,05874.1k $855.5k $855.5k 0.00% Reduced -2.7k -2,749
52 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.00% of their portfolio VICTORIA, A1 72,05872.1k $831.9k $831.9k 0.00% Reduced -3.0k -2,969
53 Joel Isaacson & Co., LLC 0.03% of their portfolio NEW YORK, NY 69,28669.3k $800.3k $800.3k 0.03% Reduced -37.7k -37,726
54 Aviso Financial Inc. 0.03% of their portfolio TORONTO, A6 67,92067.9k $784.4k $784.4k 0.03% New
55 AMH Equity Ltd 0.87% of their portfolio Great Neck, NY 60,00060.0k $693.0k $693.0k 0.87% New
56 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 51,73051.7k $597.5k $597.5k 0.00% Added +32.0k +32,020
57 Moloney Securities Asset Management, LLC 0.07% of their portfolio MANCHESTER, MO 51,45451.5k $594.3k $594.3k 0.07% Reduced -6.0k -6,000
58 Addenda Capital Inc. 0.02% of their portfolio MONTREAL, A8 50,48550.5k $811.3k $811.3k 0.02% New
59 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 47,58047.6k $554.0k $554.0k 0.00% Added +4.3k +4,349
60 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 47,50047.5k $548.6k $548.6k 0.00% New
61 SIG North Trading, ULC 0.08% of their portfolio Bala Cynwyd, PA 46,34546.3k $535.3k $535.3k 0.08% Added +14.6k +14,647
62 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 44,84244.8k $517.7k $517.7k 0.00% Added +925 +925
63 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 39,61539.6k $457.5k $457.5k 0.00% Added +4.8k +4,769
64 MONTRUSCO BOLTON INVESTMENTS INC. 0.01% of their portfolio MONTREAL, A8 39,00039.0k $450.4k $450.4k 0.01% Unchanged
65 CIDEL ASSET MANAGEMENT INC 0.03% of their portfolio TORONTO, A6 38,92938.9k $449.6k $449.6k 0.03% Unchanged
66 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 38,60838.6k $445.9k $445.9k 0.00% New
67 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 38,15438.2k $440.7k $440.7k 0.00% Reduced -52.0k -51,963
68 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,27434.3k $395.9k $395.9k 0.00% Added +17.1k +17,137
69 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 30,30530.3k $350.0k $350.0k 0.01% New
70 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 28,14828.1k $325.1k $325.1k 0.00% Reduced -1.4k -1,419
71 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 25,52025.5k $294.8k $294.8k 0.00% New
72 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 23,97024.0k $276.8k $276.8k 0.00% Reduced -1.0k -1,045
73 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 23,28623.3k $269.0k $269.0k 0.00% New
74 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 22,16522.2k $256.0k $256.0k 0.01% Reduced -15.8k -15,803
75 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 20,24320.2k $233.8k $233.8k 0.00% Added +1.2k +1,248
76 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 19,30119.3k $222.9k $222.9k 0.00% Reduced -374 -374
77 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 18,85118.9k $217.4k $217.4k 0.00% Reduced -866 -866
78 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 14,58814.6k $168.5k $168.5k 0.00% Added +492 +492
79 Amundi 0.00% of their portfolio Paris, I0 14,51114.5k $173.4k $173.4k 0.00% Reduced -5.0k -4,983
80 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 14,26714.3k $164.0k $164.0k 0.00% Reduced -34.1k -34,106
81 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 13,24013.2k $152.9k $152.9k 0.00% Reduced -31.6k -31,627
82 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 12,88912.9k $148.9k $148.9k 0.00% New
83 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 11,22211.2k $129.6k $129.6k 0.00% New
84 Northwest & Ethical Investments L.P. 0.00% of their portfolio TORONTO, A6 11,18611.2k $129.2k $129.2k 0.00% Reduced -1.2k -1,230
85 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 10,31210.3k $118.7k $118.7k 0.00% Reduced -6.1k -6,060
86 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 9,9479.9k $114.9k $114.9k 0.00% Reduced -27.7k -27,714
87 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 8,5648.6k $98.9k $98.9k 0.00% Reduced -1.8k -1,822
88 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 8,3958.4k $97.0k $97.0k 0.00% Reduced -6.2k -6,151
89 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,2195.2k $60.3k $60.3k 0.00% Reduced -6.9k -6,871
90 Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio SINGAPORE, U0 4,2844.3k $49.5k $49.5k 0.01% Added +3.1k +3,086
91 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 2,8552.9k $33.0k $33.0k 0.00% Reduced -1.0k -1,037
92 Dixon Mitchell Investment Counsel Inc. 0.00% of their portfolio VANCOUVER, A1 2,5002.5k $28.9k $28.9k 0.00% Unchanged
93 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 2,0152.0k $23.0k $23.0k 0.00% Reduced -5.1k -5,114
94 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,5351.5k $17.7k $17.7k 0.00% New
95 Quarry LP 0.00% of their portfolio NEW YORK, NY 1,1871.2k $13.7k $13.7k 0.00% New
96 Plato Investment Management Ltd 0.00% of their portfolio SYDNEY, C3 540540 $6.2k $6.2k 0.00% Unchanged
97 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 489489 $5.6k $5.6k 0.00% Reduced -57 -57
98 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 412412 $4.8k $4.8k 0.00% Reduced -33 -33
99 Avion Wealth 0.00% of their portfolio THE WOODLANDS, TX 410410 $4.0k $4.0k 0.00% Unchanged
100 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 400400 $4.6k $4.6k 0.00% Added +100 +100