Upbound Group
UPBD
183 hedge funds and large institutions have $664M invested in Upbound Group in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 77 increasing their positions, 61 reducing their positions, and 27 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 61
1% less capital invested
Capital invested by funds: $673M → $664M (-$9.31M)
9% less funds holding
Funds holding: 201 → 183 (-18)
59% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 27
80% less call options, than puts
Call options by funds: $1.66M | Put options by funds: $8.34M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$20.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.2M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$4.73M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.64M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.2M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.6M |
| 2 |
O
OppenheimerFunds
New York
|
-$12M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.18M |
| 5 |
QI
QS Investors
New York
|
-$4.62M |
UPBD Hedge Fund Activity: Q3 2016 in Review
183 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q3 2016, worth a combined $664M — down 1.4% from $673M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of UPBD and 11 opened new positions — a net loss of 16 holders — while 61 trimmed existing stakes and 77 added.
The largest buyer was JP Morgan Chase, adding an estimated $20.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $27.6M sold.
- 183 institutional investors held Upbound Group (UPBD) as of Q3 2016, down from 201 in Q2 2016.
- Funds reported $664M of Upbound Group stock for Q3 2016, down 1.4% quarter-over-quarter.
- 11 funds opened new Upbound Group positions in Q3 2016 and 27 closed out, a net change of -16 holders.
- The largest Upbound Group buyer in Q3 2016 was JP Morgan Chase, an estimated $20.9M added.
- The largest Upbound Group seller in Q3 2016 was Fidelity Investments, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2016.