Upbound Group
UPBD
204 hedge funds and large institutions have $758M invested in Upbound Group in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 68 increasing their positions, 82 reducing their positions, and 40 closing their positions.
92% more call options, than puts
Call options by funds: $4.34M | Put options by funds: $2.26M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% less funds holding
Funds holding: 221 → 204 (-17)
8.2% less ownership
Funds ownership: 105.24% → 97.04% (-8.2%)
17% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 82
35% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 40
54% less capital invested
Capital invested by funds: $1.66B → $758M (-$902M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$13.6M |
| 2 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$10.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.85M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$33M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$16.5M |
| 3 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$13.7M |
| 4 |
Morgan Stanley
New York
|
-$9.99M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$8.21M |
UPBD Hedge Fund Activity: Q1 2020 in Review
204 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q1 2020, worth a combined $758M — down 54% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of UPBD and 26 opened new positions — a net loss of 14 holders — while 82 trimmed existing stakes and 68 added.
The largest buyer was Goldman Sachs, adding an estimated $13.6M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $33M sold.
- 204 institutional investors held Upbound Group (UPBD) as of Q1 2020, down from 221 in Q4 2019.
- Funds reported $758M of Upbound Group stock for Q1 2020, down 54% quarter-over-quarter.
- 26 funds opened new Upbound Group positions in Q1 2020 and 40 closed out, a net change of -14 holders.
- The largest Upbound Group buyer in Q1 2020 was Goldman Sachs, an estimated $13.6M added.
- The largest Upbound Group seller in Q1 2020 was Hood River Capital Management, an estimated $33M sold.
Based on aggregated 13F filings for Q1 2020.