ThredUp
TDUP
89 hedge funds and large institutions have $151M invested in ThredUp in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 10 closing their positions.
119% more call options, than puts
Call options by funds: $283K | Put options by funds: $129K
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
93% more capital invested
Capital invested by funds: $78.2M → $151M (+$73M)
11% more funds holding
Funds holding: 80 → 89 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.97% less ownership
Funds ownership: 85.34% → 84.36% (-0.97%)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.54M |
| 2 |
Millennium Management
New York
|
+$1.46M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.09M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.05M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$958K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$3.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.04M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$642K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$402K |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$239K |
TDUP Hedge Fund Activity: Q1 2023 in Review
89 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q1 2023, worth a combined $151M — up 93% from $78.2M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TDUP positions and 10 closed out — a net gain of 11 holders — while 25 added to existing stakes and 29 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $1.54M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $3.4M sold.
- 89 institutional investors held ThredUp (TDUP) as of Q1 2023, up from 80 in Q4 2022.
- Funds reported $151M of ThredUp stock for Q1 2023, up 93% quarter-over-quarter.
- 21 funds opened new ThredUp positions in Q1 2023 and 10 closed out, a net change of +11 holders.
- The largest ThredUp buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $1.54M added.
- The largest ThredUp seller in Q1 2023 was T. Rowe Price Investment Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q1 2023.