Upbound Group
UPBD
269 hedge funds and large institutions have $2.9B invested in Upbound Group in 2021 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 74 increasing their positions, 116 reducing their positions, and 32 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
72% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 32
50% more capital invested
Capital invested by funds: $1.94B → $2.9B (+$961M)
11% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $18.6M
9% more funds holding
Funds holding: 247 → 269 (+22)
0.91% less ownership
Funds ownership: 93.28% → 92.36% (-0.91%)
36% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.8M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$22.6M |
| 3 |
BlackRock
New York
|
+$18.5M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$18.2M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$27.3M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$14.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.8M |
| 4 |
Man Group
London,
United Kingdom
|
-$10.7M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$9.88M |
UPBD Hedge Fund Activity: Q1 2021 in Review
269 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q1 2021, worth a combined $2.9B — up 50% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new UPBD positions and 32 closed out — a net gain of 23 holders — while 74 added to existing stakes and 116 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $63.8M. The largest seller was Renaissance Technologies, cutting an estimated $27.3M.
- 269 institutional investors held Upbound Group (UPBD) as of Q1 2021, up from 247 in Q4 2020.
- Funds reported $2.9B of Upbound Group stock for Q1 2021, up 50% quarter-over-quarter.
- 55 funds opened new Upbound Group positions in Q1 2021 and 32 closed out, a net change of +23 holders.
- The largest Upbound Group buyer in Q1 2021 was Fidelity Investments, an estimated $63.8M added.
- The largest Upbound Group seller in Q1 2021 was Renaissance Technologies, an estimated $27.3M sold.
Based on aggregated 13F filings for Q1 2021.