Upbound Group
UPBD
176 hedge funds and large institutions have $809M invested in Upbound Group in 2018 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 60 increasing their positions, 60 reducing their positions, and 40 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $738M → $809M (+$70.3M)
0% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 60
5% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 40
2% less funds holding
Funds holding: 180 → 176 (-4)
2.63% less ownership
Funds ownership: 95.97% → 93.34% (-2.6%)
34% less call options, than puts
Call options by funds: $42.9M | Put options by funds: $65.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
+$28.6M |
| 2 |
Millennium Management
New York
|
+$19.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$16.8M |
| 4 |
Citigroup
New York
|
+$15.7M |
| 5 |
EC
Engaged Capital
Newport Beach,
California
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$22.1M |
| 2 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
-$13.6M |
| 3 |
Man Group
London,
United Kingdom
|
-$12.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$11.4M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$10.8M |
UPBD Hedge Fund Activity: Q4 2018 in Review
176 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q4 2018, worth a combined $809M — up 9.5% from $738M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of UPBD and 38 opened new positions — a net loss of 2 holders — while 60 trimmed existing stakes and 60 added.
The largest buyer was LMR Partners, opening a new position worth an estimated $28.6M. The largest seller was JP Morgan Chase, cutting an estimated $22.1M.
- 176 institutional investors held Upbound Group (UPBD) as of Q4 2018, down from 180 in Q3 2018.
- Funds reported $809M of Upbound Group stock for Q4 2018, up 9.5% quarter-over-quarter.
- 38 funds opened new Upbound Group positions in Q4 2018 and 40 closed out, a net change of -2 holders.
- The largest Upbound Group buyer in Q4 2018 was LMR Partners, an estimated $28.6M added.
- The largest Upbound Group seller in Q4 2018 was JP Morgan Chase, an estimated $22.1M sold.
Based on aggregated 13F filings for Q4 2018.