Upbound Group
UPBD
207 hedge funds and large institutions have $1.5B invested in Upbound Group in 2020 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 51 increasing their positions, 93 reducing their positions, and 32 closing their positions.
100% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $5.25M
97% more capital invested
Capital invested by funds: $758M → $1.5B (+$738M)
3.04% more ownership
Funds ownership: 97.04% → 100.08% (+3%)
1% more funds holding
Funds holding: 204 → 207 (+3)
9% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 32
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
45% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$25.5M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$19M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$13.2M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$9.87M |
| 5 |
Goldman Sachs
New York
|
+$8.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$20.8M |
| 2 |
Renaissance Technologies
New York
|
-$12.7M |
| 3 |
JP Morgan Chase
New York
|
-$9.46M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.7M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.07M |
UPBD Hedge Fund Activity: Q2 2020 in Review
207 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q2 2020, worth a combined $1.5B — up 97% from $758M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new UPBD positions and 32 closed out — a net gain of 3 holders — while 51 added to existing stakes and 93 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $25.5M. The largest seller was Cloverdale Capital Management, cutting an estimated $20.8M.
- 207 institutional investors held Upbound Group (UPBD) as of Q2 2020, up from 204 in Q1 2020.
- Funds reported $1.5B of Upbound Group stock for Q2 2020, up 97% quarter-over-quarter.
- 35 funds opened new Upbound Group positions in Q2 2020 and 32 closed out, a net change of +3 holders.
- The largest Upbound Group buyer in Q2 2020 was Hood River Capital Management, an estimated $25.5M added.
- The largest Upbound Group seller in Q2 2020 was Cloverdale Capital Management, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2020.