Upbound Group
UPBD
202 hedge funds and large institutions have $1.09B invested in Upbound Group in 2019 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 70 increasing their positions, 53 reducing their positions, and 32 closing their positions.
88% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 32
35% more capital invested
Capital invested by funds: $809M → $1.09B (+$284M)
32% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 53
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more funds holding
Funds holding: 176 → 202 (+26)
3.7% more ownership
Funds ownership: 93.34% → 97.04% (+3.7%)
46% less call options, than puts
Call options by funds: $31.7M | Put options by funds: $58.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$40.4M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$29.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.1M |
| 4 |
JP Morgan Chase
New York
|
+$21.1M |
| 5 |
TA
Teachers Advisors
New York
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
-$35.6M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$24.8M |
| 3 |
Citigroup
New York
|
-$21.7M |
| 4 |
Millennium Management
New York
|
-$21.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$17.9M |
UPBD Hedge Fund Activity: Q1 2019 in Review
202 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q1 2019, worth a combined $1.09B — up 35% from $809M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new UPBD positions and 32 closed out — a net gain of 28 holders — while 70 added to existing stakes and 53 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $40.4M. The largest seller was Water Island Capital, cutting an estimated $35.6M.
- 202 institutional investors held Upbound Group (UPBD) as of Q1 2019, up from 176 in Q4 2018.
- Funds reported $1.09B of Upbound Group stock for Q1 2019, up 35% quarter-over-quarter.
- 60 funds opened new Upbound Group positions in Q1 2019 and 32 closed out, a net change of +28 holders.
- The largest Upbound Group buyer in Q1 2019 was Renaissance Technologies, an estimated $40.4M added.
- The largest Upbound Group seller in Q1 2019 was Water Island Capital, an estimated $35.6M sold.
Based on aggregated 13F filings for Q1 2019.