ThredUp
TDUP
106 hedge funds and large institutions have $140M invested in ThredUp in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 17 reducing their positions, and 17 closing their positions.
459% more call options, than puts
Call options by funds: $811K | Put options by funds: $145K
206% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 17
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding
Funds holding: 106 → 106 (0)
4.21% less ownership
Funds ownership: 84.99% → 80.78% (-4.2%)
45% less capital invested
Capital invested by funds: $256M → $140M (-$116M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
Needham Investment Management
New York
|
+$2.61M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$1.34M |
| 3 |
BlackRock
New York
|
+$1.22M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.02M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$3.2M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.01M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$2.62M |
| 5 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$2.51M |
TDUP Hedge Fund Activity: Q4 2023 in Review
106 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ThredUp (TDUP) for Q4 2023, worth a combined $140M — down 45% from $256M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TDUP positions and 17 closed out — a net gain of 1 holder — while 52 added to existing stakes and 17 trimmed.
The largest buyer was Needham Investment Management, adding an estimated $2.61M. The largest seller was Fidelity Investments, cutting an estimated $8.02M.
- 106 institutional investors held ThredUp (TDUP) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $140M of ThredUp stock for Q4 2023, down 45% quarter-over-quarter.
- 18 funds opened new ThredUp positions in Q4 2023 and 17 closed out, a net change of +1 holder.
- The largest ThredUp buyer in Q4 2023 was Needham Investment Management, an estimated $2.61M added.
- The largest ThredUp seller in Q4 2023 was Fidelity Investments, an estimated $8.02M sold.
Based on aggregated 13F filings for Q4 2023.