Lightspeed Commerce

LSPD • NYSE

Lightspeed Commerce is a software - application company in the technology sector on NYSE, led by Dax Dasilva, with a market cap of $1.7B. As of Q3 2025, 58% of shares are held by 110 institutional investors, with CAISSE DE DEPOT ET PLACEMENT DU QUEBEC as the largest holder at 17.96%.

CEODax Dasilva

Market Cap$1.7B

Software - Application

Technology

Employees3.0K

Websitelightspeedhq.com

Overview

Overview of institutional ownership in LSPD as of Q3 2025 with a market cap of $1.6B

All Institutions

Institutions: 110
Value Held: $905.1M
Shares Held: 78.4M
Avg Position: $8.2M
Median Position: $738.7K

Hedge Funds

Hedge Funds: 20
Value Held: $98.8M
Shares Held: 8.6M
Avg Position: $4.9M
Median Position: $1.2M

Ownership Breakdown

Institutional (non-HF)

51.62%

$806.3M

Hedge Funds

6.33%

$98.8M

Retail & Other

42.06%

$657.0M

Based on market cap of $1.6B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LSPD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	Neil David Blundell CIO	$280.5M 0.51% of portfolio	17.96% 24.3M shares	Q3 2020 Held for 5y 2m	$55.5B
F FIL Ltd Institution	-	$180.1M 0.14% of portfolio	11.53% 15.6M shares	Q3 2021 Held for 4y 2m	$127.75B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$59.9M 0.00% of portfolio	3.83% 5.2M shares	Q3 2020 Held for 5y 2m	$6.69T
W Wishbone Management, LP Hedge Fund•Multi-Strategy	John Brooks Harris Managing Partner	$47.3M 25.45% of portfolio	3.03% 4.1M shares	Q1 2025 Held for 8 months	$186.0M
Artisan Partners Limited Partnership Long Only Manager	Eric Richard Colson CEO	$38.3M 0.06% of portfolio	2.45% 3.3M shares	Q2 2022 Held for 3y 5m	$69.5B
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	John Wyatt Ricketts President	$31.8M 0.10% of portfolio	2.04% 2.8M shares	Q4 2023 Held for 1y 11m	$31.7B
R ROYAL BANK OF CANADA Institution	-	$26.3M 0.00% of portfolio	1.69% 2.3M shares	Q3 2020 Held for 5y 2m	$542.04B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$22.8M 0.00% of portfolio	1.46% 2.0M shares	Q3 2020 Held for 5y 2m	$1.33T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$22.5M 0.01% of portfolio	1.44% 1.9M shares	Q4 2024 Held for 11 months	$433.11B
BANK OF MONTREAL /CAN/ Institution	Darryl White CEO	$21.2M 0.01% of portfolio	1.36% 1.8M shares	Q3 2020 Held for 5y 2m	$227.19B

Net Capital Flow

Institutional buying and selling activity for LSPD in Q3 2025

Traded: −$13.1M
Buyers: 44
Sellers: 60
Total Bought: +$39.6M
Total Sold: −$52.7M
Avg Position: $7.5M

Biggest Buyers

Institution	Net Bought	Current Position
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$7.1M +613.4K shares	$31.8M 2.8M shares
N NATIONAL BANK OF CANADA /FI/ Institution	+$6.6M +567.9K shares	$10.0M 868.9K shares
R ROYAL BANK OF CANADA Institution	+$4.0M +347.4K shares	$26.3M 2.3M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$3.0M +256.1K shares	$3.0M 256.1K shares
Numerai GP LLC Hedge Fund•Quant	+$1.5M +132.2K shares	$1.8M 159.2K shares
J JANE STREET GROUP, LLC Institution	+$1.5M +128.3K shares	$2.9M 248.2K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$1.5M +126.4K shares	$2.3M 202.4K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$1.4M +119.8K shares	$1.4M 119.8K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$1.2M +102.3K shares	$1.2M 102.3K shares
LOUISBOURG INVESTMENTS INC. Long Only Manager	+$1.1M +99.4K shares	$7.5M 652.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$17.5M −1.5M shares	$11.0M 953.7K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$4.7M −409.6K shares	$5.7M 491.1K shares
VANGUARD GROUP INC Institution	−$3.6M −313.3K shares	$59.9M 5.2M shares
Artisan Partners Limited Partnership Long Only Manager	−$2.9M −252.3K shares	$38.3M 3.3M shares
W Wishbone Management, LP Hedge Fund•Multi-Strategy	−$2.8M −238.4K shares	$47.3M 4.1M shares
MORGAN STANLEY RIA/Wealth	−$2.0M −171.2K shares	$2.1M 183.9K shares
C Colony Group, LLC Institution	−$1.9M −158.1K shares	Sold Off 0 shares
F FIL Ltd Institution	−$1.6M −140.0K shares	$180.1M 15.6M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$1.4M −118.1K shares	Sold Off 0 shares
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	−$1.4M −119.3K shares	$11.9M 1.0M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LSPD in Q3 2025

New Positions: 5
New Value: $2.4M
Exited Positions: 11
Exited Value: $5.1M

New Positions

Institution	Position Value
Spark Investment Management LLC Hedge Fund•Multi-Strategy	$900.5K 78.0K shares
A Aviso Financial Inc. Institution	$784.4K 67.9K shares
AMH Equity Ltd Hedge Fund•Long/Short	$693.0K 60.0K shares
Q Quarry LP Institution	$13.7K 1.2K shares
Sontag Advisory, LLC RIA/Wealth	$670.0 58.0 shares

Exited Positions

Institution	Previous Position
C Colony Group, LLC Institution	$1.9M 158.1K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$1.4M 118.1K shares
M Man Group plc Institution	$1.3M 108.3K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$156.9K 13.4K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$155.7K 13.3K shares
AIGEN INVESTMENT MANAGEMENT, LP Hedge Fund•Long/Short	$143.1K 12.2K shares
H Headlands Technologies LLC Institution	$91.7K 7.8K shares
WealthCollab, LLC RIA/Wealth	$3.5K 300.0 shares
S Skopos Labs, Inc. RIA/Wealth	$492.0 42.0 shares
U United Community Bank Institution	$234.0 20.0 shares

Options Activity

Institutions with the largest Call and Put options positions in LSPD as of Q3 2025

Call Positions: 10
Call Value: $11.9M
Put Positions: 7
Put Value: $5.5M

Call Positions

Institution	Position Value
C CIBC World Markets Inc. Institution	$4.5M 3.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.0M 1.7K contracts
J JANE STREET GROUP, LLC Institution	$1.5M 1.3K contracts
Walleye Trading LLC RIA/Wealth	$1.2M 1.0K contracts
S SIG North Trading, ULC Institution	$1.1M 920.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$963.3K 834.0 contracts
P PEAK6 LLC Institution	$632.9K 548.0 contracts
W WOLVERINE TRADING, LLC Institution	$135.7K 114.0 contracts
R ROYAL BANK OF CANADA Institution	$21.9K 19.0 contracts
UBS Group AG Institution	- - contracts

Put Positions

Institution	Position Value
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.8M 1.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.4M 1.2K contracts
J JANE STREET GROUP, LLC Institution	$1.2M 1.0K contracts
S SIG North Trading, ULC Institution	$682.6K 591.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$333.8K 289.0 contracts
Walleye Trading LLC RIA/Wealth	$8.1K 7.0 contracts
UBS Group AG Institution	- - contracts

Most Committed Institutions

Institutions with LSPD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W Wishbone Management, LP Hedge Fund•Multi-Strategy	John Brooks Harris Managing Partner	25.45% $47.3M	3.03% 4.1M shares	Q1 2025 Held for 8 months	$186.0M
Spark Investment Management LLC Hedge Fund•Multi-Strategy	Glenn Elliot Dropkin CCO	2.28% $900.5K	0.06% 78.0K shares	Q3 2025 Held for 2 months	$39.5M
LOUISBOURG INVESTMENTS INC. Long Only Manager	Luc Jospeh Gaudet CEO	1.64% $7.5M	0.48% 652.1K shares	Q4 2023 Held for 1y 11m	$458.4M
D Dean Capital Investments Management, LLC Institution	-	1.51% $3.6M	0.23% 315.1K shares	Q1 2022 Held for 3y 8m	$241.1M
AMH Equity Ltd Hedge Fund•Long/Short	Adam Michael Hutt President	0.88% $693.0K	0.04% 60.0K shares	Q3 2025 Held for 2 months	$78.8M
P Palogic Value Management, L.P. RIA/Wealth	Scott Aubrey Williams Partner	0.74% $1.7M	0.11% 150.0K shares	Q4 2022 Held for 2y 11m	$233.1M
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	Neil David Blundell CIO	0.51% $280.5M	17.96% 24.3M shares	Q3 2020 Held for 5y 2m	$55.5B
PCJ Investment Counsel Ltd. Long Only Manager	Timothy Michael Marzec President	0.40% $1.5M	0.09% 126.0K shares	Q3 2024 Held for 1y 2m	$359.5M
A ANTIPODES PARTNERS Ltd Hedge Fund•Long/Short	Andrew Findlay CEO	0.27% $11.9M	0.76% 1.0M shares	Q1 2025 Held for 8 months	$4.5B
Numerai GP LLC Hedge Fund•Quant	Richard Malone Craib CEO	0.26% $1.8M	0.12% 159.2K shares	Q2 2025 Held for 5 months	$707.9M

Hedge Fund Spotlight

Discover hedge funds investing in LSPD

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.

Hedge Fund • Market Neutral

Portfolio ManagerGeorge Demetrios Papadopoulos

Portfolio Value: $1.6B
Positions: 605
Last Reported: Q3 2025

Sector Allocation

Position in Lightspeed Commerce

Market Value: $3.2M
Shares Held: 278.5K
Portfolio Weight: 0.20%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 iShares 1-3 Year Treasury Bond SHY	ETF ETF	$48.4M	3.06%
2 Heico Corporation HEI.A	Aerospace & Defense Industrials	$27.5M	1.74%
3 Monster Beverage MNST	Beverages - Non-Alcoholic Consumer Defensive	$23.5M	1.48%