Polar Asset Management Partners Inc. Increases Lyft Stake by 71%

Institutional investor adds 79,916 shares of the ride-sharing company in Q3 2025.

Mar. 20, 2026 at 9:19am by Ben Kaplan

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Polar Asset Management Partners Inc. increased its holdings in Lyft, Inc. (NASDAQ:LYFT) by 71.0% in the third quarter of 2025, according to the company's recent SEC filing. The fund now owns 192,416 shares of the ride-sharing company's stock, worth $4,235,000 at the end of the reporting period.

Why it matters

The increase in Polar Asset Management's Lyft stake signals continued institutional investor interest in the ride-hailing company, despite ongoing challenges in the sector. Lyft's stock price has fluctuated in recent quarters, making it an attractive target for hedge funds and other large investors seeking potential upside.

The details

Polar Asset Management Partners Inc. acquired an additional 79,916 shares of Lyft in Q3 2025, bringing its total holdings to 192,416 shares. The fund now owns approximately 0.05% of Lyft's outstanding stock. Several other large investors have also been active in Lyft shares, with CI Investments Inc. and Compagnie Lombard Odier SCmA among those adding to their positions during the quarter.

  • Polar Asset Management Partners Inc. increased its Lyft stake in the 3rd quarter of 2025.

The players

Polar Asset Management Partners Inc.

An institutional investment firm that manages a portfolio of public equities, including a position in ride-sharing company Lyft.

Lyft, Inc.

A peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application, headquartered in San Francisco, California.

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The takeaway

Lyft continues to attract interest from institutional investors like Polar Asset Management Partners, signaling that some large funds see long-term potential in the ride-hailing market despite near-term headwinds. The increase in Polar's stake suggests the firm believes Lyft's stock is undervalued and has room to appreciate.