Upbound Group
UPBD
193 hedge funds and large institutions have $759M invested in Upbound Group in 2017 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 58 increasing their positions, 71 reducing their positions, and 25 closing their positions.
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
12.98% more ownership
Funds ownership: 115.22% → 128.2% (+13%)
8% more capital invested
Capital invested by funds: $705M → $759M (+$53.6M)
3% more funds holding
Funds holding: 187 → 193 (+6)
18% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 71
57% less call options, than puts
Call options by funds: $69.9M | Put options by funds: $164M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$19.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.6M |
| 3 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$10.9M |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$7.28M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$5.79M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.91M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$4.71M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$3.71M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$2.27M |
UPBD Hedge Fund Activity: Q4 2017 in Review
193 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q4 2017, worth a combined $759M — up 7.6% from $705M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new UPBD positions and 25 closed out — a net gain of 6 holders — while 58 added to existing stakes and 71 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $19.2M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $5.79M sold.
- 193 institutional investors held Upbound Group (UPBD) as of Q4 2017, up from 187 in Q3 2017.
- Funds reported $759M of Upbound Group stock for Q4 2017, up 7.6% quarter-over-quarter.
- 31 funds opened new Upbound Group positions in Q4 2017 and 25 closed out, a net change of +6 holders.
- The largest Upbound Group buyer in Q4 2017 was Philadelphia Financial Management of San Francisco, an estimated $19.2M added.
- The largest Upbound Group seller in Q4 2017 was Highbridge Capital Management, an estimated $5.79M sold.
Based on aggregated 13F filings for Q4 2017.