ThredUp
TDUP
73 hedge funds and large institutions have $849M invested in ThredUp in 2021 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 12 reducing their positions, and 12 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 12
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
19% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $15.5M
16% more funds holding
Funds holding: 63 → 73 (+10)
11% more capital invested
Capital invested by funds: $764M → $849M (+$84.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40.69% less ownership
Funds ownership: 176.6% → 135.9% (-41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$66.7M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$60.1M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$42.1M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$42M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.48M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.71M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.65M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$3.13M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$2.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZP
76
Zimmer Partners
New York
| – | -$2.33M | -80,000 | Closed |
|
|
EGM
77
Engineers Gate Manager
New York
| – | -$1.26M | -43,316 | Closed |
|
78
Squarepoint
New York
| – | -$1.22M | -41,814 | Closed |
|
79
D.E. Shaw & Co
New York
| – | -$894K | -30,744 | Closed |
|
|
QSS
80
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$407K | -14,000 | Closed |
|
|
LCS
81
Levin Capital Strategies
New York
| – | -$349K | -12,000 | Closed |
|
82
Teacher Retirement System of Texas
Austin,
Texas
| – | -$291K | -10,000 | Closed |
|
|
EW
83
Evoke Wealth
Los Angeles,
California
| – | -$145K | -5,000 | Closed |
|
|
JG
84
Jefferies Group
New York
| – | -$15.4K | -531 | Closed |
|
|
WAS
85
Winch Advisory Services
Appleton,
Wisconsin
| – | -$1K | -50 | Closed |
|
TDUP Hedge Fund Activity: Q3 2021 in Review
73 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q3 2021, worth a combined $849M — up 11% from $764M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TDUP positions and 12 closed out — a net gain of 10 holders — while 30 added to existing stakes and 12 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $66.7M. The largest seller was Ameriprise, cutting an estimated $5.48M.
- 73 institutional investors held ThredUp (TDUP) as of Q3 2021, up from 63 in Q2 2021.
- Funds reported $849M of ThredUp stock for Q3 2021, up 11% quarter-over-quarter.
- 22 funds opened new ThredUp positions in Q3 2021 and 12 closed out, a net change of +10 holders.
- The largest ThredUp buyer in Q3 2021 was Thrivent Financial for Lutherans, an estimated $66.7M added.
- The largest ThredUp seller in Q3 2021 was Ameriprise, an estimated $5.48M sold.
Based on aggregated 13F filings for Q3 2021.