ThredUp
TDUP
101 hedge funds and large institutions have $735M invested in ThredUp in 2021 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 39 increasing their positions, 11 reducing their positions, and 15 closing their positions.
255% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 11
193% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more funds holding
Funds holding: 73 → 101 (+28)
6% more call options, than puts
Call options by funds: $29.7M | Put options by funds: $28.1M
13% less capital invested
Capital invested by funds: $849M → $735M (-$114M)
25.59% less ownership
Funds ownership: 135.9% → 110.32% (-26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$142M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48.9M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$40.4M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$116M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.34M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$5.84M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.52M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.46M |
TDUP Hedge Fund Activity: Q4 2021 in Review
101 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q4 2021, worth a combined $735M — down 13% from $849M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TDUP positions and 15 closed out — a net gain of 29 holders — while 39 added to existing stakes and 11 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $142M. The largest seller was Park West Asset Management, cutting an estimated $116M.
- 101 institutional investors held ThredUp (TDUP) as of Q4 2021, up from 73 in Q3 2021.
- Funds reported $735M of ThredUp stock for Q4 2021, down 13% quarter-over-quarter.
- 44 funds opened new ThredUp positions in Q4 2021 and 15 closed out, a net change of +29 holders.
- The largest ThredUp buyer in Q4 2021 was Goldman Sachs, an estimated $142M added.
- The largest ThredUp seller in Q4 2021 was Park West Asset Management, an estimated $116M sold.
Based on aggregated 13F filings for Q4 2021.