Upbound Group
UPBD
225 hedge funds and large institutions have $1.3B invested in Upbound Group in 2022 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 88 increasing their positions, 69 reducing their positions, and 60 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 69
15.14% more ownership
Funds ownership: 72.57% → 87.71% (+15%)
9% less funds holding
Funds holding: 247 → 225 (-22)
33% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 60
44% less capital invested
Capital invested by funds: $2.32B → $1.3B (-$1.01B)
48% less call options, than puts
Call options by funds: $7.42M | Put options by funds: $14.2M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| 1 |
IC
IEQ Capital
Foster City,
California
|
+$72.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.8M |
| 3 |
Millennium Management
New York
|
+$25.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$18.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$16.2M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$27.1M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$26.8M |
| 3 |
RA
Royce & Associates
New York
|
-$20.5M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$16.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15M |
UPBD Hedge Fund Activity: Q1 2022 in Review
225 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q1 2022, worth a combined $1.3B — down 44% from $2.32B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of UPBD and 40 opened new positions — a net loss of 20 holders — while 69 trimmed existing stakes and 88 added.
The largest buyer was IEQ Capital, opening a new position worth an estimated $72.9M. The largest seller was Goldman Sachs, cutting an estimated $27.1M.
- 225 institutional investors held Upbound Group (UPBD) as of Q1 2022, down from 247 in Q4 2021.
- Funds reported $1.3B of Upbound Group stock for Q1 2022, down 44% quarter-over-quarter.
- 40 funds opened new Upbound Group positions in Q1 2022 and 60 closed out, a net change of -20 holders.
- The largest Upbound Group buyer in Q1 2022 was IEQ Capital, an estimated $72.9M added.
- The largest Upbound Group seller in Q1 2022 was Goldman Sachs, an estimated $27.1M sold.
Based on aggregated 13F filings for Q1 2022.