Upbound Group
UPBD
180 hedge funds and large institutions have $738M invested in Upbound Group in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 77 reducing their positions, and 14 closing their positions.
114% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more funds holding
Funds holding: 166 → 180 (+14)
0.01% less ownership
Funds ownership: 95.98% → 95.97% (-0.01%)
2% less capital invested
Capital invested by funds: $755M → $738M (-$16.8M)
38% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 77
63% less call options, than puts
Call options by funds: $18.1M | Put options by funds: $48.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$25.2M |
| 2 |
WIC
Water Island Capital
New York
|
+$21M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$18.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.43M |
| 5 |
Goldman Sachs
New York
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
-$65.4M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$26.5M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$9.22M |
| 4 |
BlackRock
New York
|
-$8.27M |
| 5 |
Renaissance Technologies
New York
|
-$7.46M |
UPBD Hedge Fund Activity: Q3 2018 in Review
180 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q3 2018, worth a combined $738M — down 2.2% from $755M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new UPBD positions and 14 closed out — a net gain of 16 holders — while 48 added to existing stakes and 77 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $25.2M. The largest seller was Engaged Capital, cutting an estimated $65.4M.
- 180 institutional investors held Upbound Group (UPBD) as of Q3 2018, up from 166 in Q2 2018.
- Funds reported $738M of Upbound Group stock for Q3 2018, down 2.2% quarter-over-quarter.
- 30 funds opened new Upbound Group positions in Q3 2018 and 14 closed out, a net change of +16 holders.
- The largest Upbound Group buyer in Q3 2018 was Marshall Wace, an estimated $25.2M added.
- The largest Upbound Group seller in Q3 2018 was Engaged Capital, an estimated $65.4M sold.
Based on aggregated 13F filings for Q3 2018.