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UPB

Upstream Bio Inc

133 hedge funds and large institutions have $1.39B invested in Upstream Bio Inc in 2025 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

475% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 8

73% more call options, than puts

Call options by funds: $1.45M | Put options by funds: $842K

66% more capital invested

Capital invested by funds: $836M → $1.39B (+$553M)

40% more funds holding

Funds holding: 95133 (+38)

27% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 33

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

12.23% more ownership

Funds ownership: 82.48%94.7% (+12%)

Holders
133
Holders Change
+38
Holders Change %
+40%
% of All Funds
1.62%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.07%
New
46
Increased
42
Reduced
33
Closed
8
Calls
$1.45M
Puts
$842K
Net Calls
+$611K
Net Calls Change
-$6.89M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$14M +$11.9M +477,151 +1,190%
NCM
27
Nantahala Capital Management
Connecticut
$13.4M -$2.49M -100,000 -17%
Marshall Wace
28
Marshall Wace
United Kingdom
$9.33M -$13M -524,208 -60%
Goldman Sachs
29
Goldman Sachs
New York
$9.05M +$2.74M +110,267 +49%
GPP
30
Great Point Partners
Connecticut
$8.14M
Alyeska Investment Group
31
Alyeska Investment Group
Illinois
$8.1M +$7.43M +298,329 New
Jennison Associates
32
Jennison Associates
New York
$7.84M +$7.19M +288,847 New
Charles Schwab
33
Charles Schwab
California
$7.74M +$2.56K +103 +0%
Northern Trust
34
Northern Trust
Illinois
$6.43M -$446K -17,920 -7%
SCM
35
Squadron Capital Management
Illinois
$6.26M +$5.74M +230,650 New
Invesco
36
Invesco
Georgia
$4.43M +$3.63M +145,996 +849%
BCM
37
Boxer Capital Management
California
$4.07M +$3.73M +150,000 New
Deutsche Bank
38
Deutsche Bank
Germany
$3.47M +$2.52M +101,078 +378%
Morgan Stanley
39
Morgan Stanley
New York
$3.31M +$860K +34,533 +39%
SC
40
SummitTX Capital
Texas
$3.17M +$108K +4,320 +4%
SSA
41
Schonfeld Strategic Advisors
New York
$3.14M -$1.85M -74,437 -39%
JP Morgan Chase
42
JP Morgan Chase
New York
$2.99M +$2M +80,333 +268%
American Century Companies
43
American Century Companies
Missouri
$2.38M +$404K +16,216 +23%
Bank of America
44
Bank of America
North Carolina
$2.35M +$769K +30,911 +56%
Bank of New York Mellon
45
Bank of New York Mellon
New York
$2.3M -$166K -6,668 -7%
N
46
Nuveen
North Carolina
$2.13M +$216K +8,686 +12%
ECM
47
ExodusPoint Capital Management
New York
$2.05M +$1.88M +75,402 New
AGP
48
Artia Global Partners
Florida
$1.86M +$1.71M +68,653 New
EAM
49
Exome Asset Management
New York
$1.76M +$321K +12,885 +25%
Ameriprise
50
Ameriprise
Minnesota
$1.54M +$1.41M +56,557 New

UPB Hedge Fund Activity: Q4 2025 in Review

133 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Upstream Bio Inc (UPB) for Q4 2025, worth a combined $1.39B — up 66% from $836M a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new UPB positions and 8 closed out — a net gain of 38 holders — while 42 added to existing stakes and 33 trimmed.

The largest buyer was UBS Group, adding an estimated $38.2M. The largest seller was TCG Crossover Management, cutting an estimated $34.2M.

  • 133 institutional investors held Upstream Bio Inc (UPB) as of Q4 2025, up from 95 in Q3 2025.
  • Funds reported $1.39B of Upstream Bio Inc stock for Q4 2025, up 66% quarter-over-quarter.
  • 46 funds opened new Upstream Bio Inc positions in Q4 2025 and 8 closed out, a net change of +38 holders.
  • The largest Upstream Bio Inc buyer in Q4 2025 was UBS Group, an estimated $38.2M added.
  • The largest Upstream Bio Inc seller in Q4 2025 was TCG Crossover Management, an estimated $34.2M sold.

Based on aggregated 13F filings for Q4 2025.