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UPB

Upstream Bio Inc

95 hedge funds and large institutions have $836M invested in Upstream Bio Inc in 2025 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 38 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,443% more call options, than puts

Call options by funds: $8.02M | Put options by funds: $520K

120% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 10

73% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 22

58% more capital invested

Capital invested by funds: $531M → $836M (+$305M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

14% more funds holding

Funds holding: 8395 (+12)

7.41% less ownership

Funds ownership: 89.89%82.48% (-7.4%)

Holders
95
Holders Change
+12
Holders Change %
+14.46%
% of All Funds
1.25%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
22
Increased
38
Reduced
22
Closed
10
Calls
$8.02M
Puts
$520K
Net Calls
+$7.5M
Net Calls Change
+$7.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$152M +$2.32M +149,533 +2%
O
2
OrbiMed
New York
$107M
DC
3
Decheng Capital
California
$61.8M
BlackRock
4
BlackRock
New York
$49M +$7.88M +507,200 +24%
ES
5
Enavate Sciences
California
$46.3M
Vanguard Group
6
Vanguard Group
Pennsylvania
$45.9M +$4.22M +271,718 +13%
BCLSI
7
Bain Capital Life Sciences Investors
Massachusetts
$45.9M
TCM
8
TCG Crossover Management
California
$39.8M -$10.6M -684,660 -24%
AS
9
Altshuler Shaham
Israel
$26.7M -$30.7M -1,977,619 -58%
OFM
10
Omega Fund Management
Massachusetts
$25.5M -$10.6M -680,000 -33%
VA
11
VR Adviser
New York
$22M -$17.5M -1,126,021 -49%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$21.2M -$1.55M -99,900 -8%
State Street
13
State Street
Massachusetts
$21M +$9.84M +633,206 +132%
SB
14
Samsara BioCapital
California
$18.1M -$7.47M -481,077 -33%
Marshall Wace
15
Marshall Wace
United Kingdom
$16.3M +$8.97M +577,473 +199%
PHP
16
Parkman Healthcare Partners
Connecticut
$15.9M +$1.99M +127,998 +18%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$15.4M +$2.65M +170,474 +26%
SL
18
Siren LLC
Connecticut
$14.8M
WP
19
Woodline Partners
California
$11.3M +$684K +44,000 +8%
NCM
20
Nantahala Capital Management
Connecticut
$11.2M
IHAM
21
Integral Health Asset Management
New York
$10.8M +$8.93M +575,000 New
GPP
22
Great Point Partners
Connecticut
$5.64M
Charles Schwab
23
Charles Schwab
California
$5.36M +$1.66M +106,575 +60%
UBS Group
24
UBS Group
Switzerland
$5.12M +$612K +39,384 +17%
Northern Trust
25
Northern Trust
Illinois
$4.79M +$395K +25,416 +11%

UPB Hedge Fund Activity: Q3 2025 in Review

95 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Upstream Bio Inc (UPB) for Q3 2025, worth a combined $836M — up 58% from $531M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new UPB positions and 10 closed out — a net gain of 12 holders — while 38 added to existing stakes and 22 trimmed.

The largest buyer was State Street, adding an estimated $9.84M. The largest seller was Altshuler Shaham, cutting an estimated $30.7M.

  • 95 institutional investors held Upstream Bio Inc (UPB) as of Q3 2025, up from 83 in Q2 2025.
  • Funds reported $836M of Upstream Bio Inc stock for Q3 2025, up 58% quarter-over-quarter.
  • 22 funds opened new Upstream Bio Inc positions in Q3 2025 and 10 closed out, a net change of +12 holders.
  • The largest Upstream Bio Inc buyer in Q3 2025 was State Street, an estimated $9.84M added.
  • The largest Upstream Bio Inc seller in Q3 2025 was Altshuler Shaham, an estimated $30.7M sold.

Based on aggregated 13F filings for Q3 2025.