Upbound Group
UPBD
205 hedge funds and large institutions have $851M invested in Upbound Group in 2015 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 95 increasing their positions, 54 reducing their positions, and 43 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 54
4% less funds holding
Funds holding: 214 → 205 (-9)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
40% less capital invested
Capital invested by funds: $1.42B → $851M (-$565M)
66% less call options, than puts
Call options by funds: $3.03M | Put options by funds: $8.89M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.4M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$23.2M |
| 3 |
Pzena Investment Management
New York
|
+$17.6M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$7.28M |
| 5 |
Morgan Stanley
New York
|
+$7.21M |
Top Sellers
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$59.6M |
| 2 |
HCM
Hirzel Capital Management
Dallas,
Texas
|
-$46.3M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$34.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.5M |
| 5 |
Neuberger Berman Group
New York
|
-$19.3M |
UPBD Hedge Fund Activity: Q4 2015 in Review
205 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q4 2015, worth a combined $851M — down 40% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of UPBD and 35 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 95 added.
The largest buyer was Fidelity Investments, adding an estimated $34.4M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $59.6M sold.
- 205 institutional investors held Upbound Group (UPBD) as of Q4 2015, down from 214 in Q3 2015.
- Funds reported $851M of Upbound Group stock for Q4 2015, down 40% quarter-over-quarter.
- 35 funds opened new Upbound Group positions in Q4 2015 and 43 closed out, a net change of -8 holders.
- The largest Upbound Group buyer in Q4 2015 was Fidelity Investments, an estimated $34.4M added.
- The largest Upbound Group seller in Q4 2015 was Adage Capital Partners, an estimated $59.6M sold.
Based on aggregated 13F filings for Q4 2015.