ThredUp
TDUP
99 hedge funds and large institutions have $485M invested in ThredUp in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 21 reducing their positions, and 25 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 21
26% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $8.11M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
2% less funds holding
Funds holding: 101 → 99 (-2)
2.4% less ownership
Funds ownership: 110.32% → 107.92% (-2.4%)
34% less capital invested
Capital invested by funds: $735M → $485M (-$250M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UVM
Upfront Ventures Management
Santa Monica,
California
|
+$31.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$22.6M |
| 3 |
SP
StackLine Partners
New York
|
+$15.9M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
+$8.81M |
| 5 |
Jane Street
New York
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$23M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$10.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$10.9M |
| 4 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$5.03M |
| 5 |
MCCP
Mission Creek Capital Partners
San Francisco,
California
|
-$3.88M |
TDUP Hedge Fund Activity: Q1 2022 in Review
99 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q1 2022, worth a combined $485M — down 34% from $735M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TDUP and 23 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 41 added.
The largest buyer was Upfront Ventures Management, opening a new position worth an estimated $31.6M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $23M sold.
- 99 institutional investors held ThredUp (TDUP) as of Q1 2022, down from 101 in Q4 2021.
- Funds reported $485M of ThredUp stock for Q1 2022, down 34% quarter-over-quarter.
- 23 funds opened new ThredUp positions in Q1 2022 and 25 closed out, a net change of -2 holders.
- The largest ThredUp buyer in Q1 2022 was Upfront Ventures Management, an estimated $31.6M added.
- The largest ThredUp seller in Q1 2022 was Massachusetts Financial Services, an estimated $23M sold.
Based on aggregated 13F filings for Q1 2022.