ThredUp
TDUP
114 hedge funds and large institutions have $140M invested in ThredUp in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 4 closing their positions.
575% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 4
94% more capital invested
Capital invested by funds: $72.4M → $140M (+$67.7M)
25% more funds holding
Funds holding: 91 → 114 (+23)
21% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $1.34M
1.97% more ownership
Funds ownership: 60.8% → 62.77% (+2%)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$3.13M |
| 2 |
Millennium Management
New York
|
+$2.57M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$2.23M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$2.16M |
| 5 |
B
BloombergSen
Toronto,
Ontario, Canada
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.61M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$1.04M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$470K |
| 4 |
Morgan Stanley
New York
|
-$337K |
| 5 |
JP Morgan Chase
New York
|
-$287K |
TDUP Hedge Fund Activity: Q1 2025 in Review
114 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q1 2025, worth a combined $140M — up 94% from $72.4M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TDUP positions and 4 closed out — a net gain of 23 holders — while 32 added to existing stakes and 31 trimmed.
The largest buyer was Marshall Wace, adding an estimated $3.13M. The largest seller was Goldman Sachs, cutting an estimated $2.61M.
- 114 institutional investors held ThredUp (TDUP) as of Q1 2025, up from 91 in Q4 2024.
- Funds reported $140M of ThredUp stock for Q1 2025, up 94% quarter-over-quarter.
- 27 funds opened new ThredUp positions in Q1 2025 and 4 closed out, a net change of +23 holders.
- The largest ThredUp buyer in Q1 2025 was Marshall Wace, an estimated $3.13M added.
- The largest ThredUp seller in Q1 2025 was Goldman Sachs, an estimated $2.61M sold.
Based on aggregated 13F filings for Q1 2025.