Upbound Group
UPBD
176 hedge funds and large institutions have $685M invested in Upbound Group in 2017 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 49 increasing their positions, 61 reducing their positions, and 24 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
46% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 24
21% more capital invested
Capital invested by funds: $564M → $685M (+$121M)
7% more funds holding
Funds holding: 165 → 176 (+11)
9.85% less ownership
Funds ownership: 119.69% → 109.83% (-9.9%)
20% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 61
88% less call options, than puts
Call options by funds: $7.65M | Put options by funds: $62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$14.2M |
| 2 |
JP Morgan Chase
New York
|
+$12.8M |
| 3 |
GC
Gratia Capital
Los Angeles,
California
|
+$11.8M |
| 4 |
ACM
Archer Capital Management
New York
|
+$7.96M |
| 5 |
Rafferty Asset Management
New York
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$12.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.7M |
| 4 |
Blackstone Inc
New York
|
-$10.6M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.2M |
UPBD Hedge Fund Activity: Q2 2017 in Review
176 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q2 2017, worth a combined $685M — up 21% from $564M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new UPBD positions and 24 closed out — a net gain of 11 holders — while 49 added to existing stakes and 61 trimmed.
The largest buyer was Arlington Value Capital, adding an estimated $14.2M. The largest seller was Vanguard Group, cutting an estimated $24.9M.
- 176 institutional investors held Upbound Group (UPBD) as of Q2 2017, up from 165 in Q1 2017.
- Funds reported $685M of Upbound Group stock for Q2 2017, up 21% quarter-over-quarter.
- 35 funds opened new Upbound Group positions in Q2 2017 and 24 closed out, a net change of +11 holders.
- The largest Upbound Group buyer in Q2 2017 was Arlington Value Capital, an estimated $14.2M added.
- The largest Upbound Group seller in Q2 2017 was Vanguard Group, an estimated $24.9M sold.
Based on aggregated 13F filings for Q2 2017.