ThredUp
TDUP
161 hedge funds and large institutions have $560M invested in ThredUp in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 64 increasing their positions, 28 reducing their positions, and 9 closing their positions.
954% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $964K
522% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 9
300% more capital invested
Capital invested by funds: $140M → $560M (+$420M)
129% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 28
41% more funds holding
Funds holding: 114 → 161 (+47)
14.81% more ownership
Funds ownership: 62.77% → 77.58% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.5M |
| 2 |
Morgan Stanley
New York
|
+$9.97M |
| 3 |
BlackRock
New York
|
+$9.48M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$8.77M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$29M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$13.4M |
| 3 |
B
BloombergSen
Toronto,
Ontario, Canada
|
-$3.68M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.81M |
| 5 |
NIM
Needham Investment Management
New York
|
-$2.79M |
TDUP Hedge Fund Activity: Q2 2025 in Review
161 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q2 2025, worth a combined $560M — up 300% from $140M a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new TDUP positions and 9 closed out — a net gain of 47 holders — while 64 added to existing stakes and 28 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.5M. The largest seller was Ameriprise, cutting an estimated $29M.
- 161 institutional investors held ThredUp (TDUP) as of Q2 2025, up from 114 in Q1 2025.
- Funds reported $560M of ThredUp stock for Q2 2025, up 300% quarter-over-quarter.
- 56 funds opened new ThredUp positions in Q2 2025 and 9 closed out, a net change of +47 holders.
- The largest ThredUp buyer in Q2 2025 was Vanguard Group, an estimated $10.5M added.
- The largest ThredUp seller in Q2 2025 was Ameriprise, an estimated $29M sold.
Based on aggregated 13F filings for Q2 2025.