Upbound Group
UPBD
243 hedge funds and large institutions have $1.63B invested in Upbound Group in 2024 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 80 increasing their positions, 92 reducing their positions, and 28 closing their positions.
142% more call options, than puts
Call options by funds: $4.41M | Put options by funds: $1.82M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 28
6% more capital invested
Capital invested by funds: $1.54B → $1.63B (+$94.2M)
4% more funds holding
Funds holding: 233 → 243 (+10)
1.67% more ownership
Funds ownership: 83.19% → 84.86% (+1.7%)
13% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
IEQ Capital
Foster City,
California
|
+$28.8M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$18.6M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$17M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.7M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.4M |
| 2 |
EC
Engaged Capital
Newport Beach,
California
|
-$24.4M |
| 3 |
Morgan Stanley
New York
|
-$20.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$6.26M |
| 5 |
JP Morgan Chase
New York
|
-$5.88M |
UPBD Hedge Fund Activity: Q1 2024 in Review
243 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q1 2024, worth a combined $1.63B — up 6.1% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new UPBD positions and 28 closed out — a net gain of 11 holders — while 80 added to existing stakes and 92 trimmed.
The largest buyer was IEQ Capital, adding an estimated $28.8M. The largest seller was Fidelity Investments, cutting an estimated $40.4M.
- 243 institutional investors held Upbound Group (UPBD) as of Q1 2024, up from 233 in Q4 2023.
- Funds reported $1.63B of Upbound Group stock for Q1 2024, up 6.1% quarter-over-quarter.
- 39 funds opened new Upbound Group positions in Q1 2024 and 28 closed out, a net change of +11 holders.
- The largest Upbound Group buyer in Q1 2024 was IEQ Capital, an estimated $28.8M added.
- The largest Upbound Group seller in Q1 2024 was Fidelity Investments, an estimated $40.4M sold.
Based on aggregated 13F filings for Q1 2024.