Upbound Group
UPBD
218 hedge funds and large institutions have $966M invested in Upbound Group in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 67 increasing their positions, 98 reducing their positions, and 30 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% less funds holding
Funds holding: 225 → 218 (-7)
3.83% less ownership
Funds ownership: 87.71% → 83.88% (-3.8%)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
26% less capital invested
Capital invested by funds: $1.3B → $966M (-$338M)
32% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 98
32% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $25.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.1M |
| 2 |
Goldman Sachs
New York
|
+$10.2M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$6.51M |
| 4 |
HCM
Huber Capital Management
El Segundo,
California
|
+$4.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$31.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$17.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.9M |
| 4 |
Millennium Management
New York
|
-$17M |
| 5 |
Renaissance Technologies
New York
|
-$10.5M |
UPBD Hedge Fund Activity: Q2 2022 in Review
218 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q2 2022, worth a combined $966M — down 26% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of UPBD and 27 opened new positions — a net loss of 3 holders — while 98 trimmed existing stakes and 67 added.
The largest buyer was Fidelity Investments, adding an estimated $50.1M. The largest seller was BlackRock, cutting an estimated $31.3M.
- 218 institutional investors held Upbound Group (UPBD) as of Q2 2022, down from 225 in Q1 2022.
- Funds reported $966M of Upbound Group stock for Q2 2022, down 26% quarter-over-quarter.
- 27 funds opened new Upbound Group positions in Q2 2022 and 30 closed out, a net change of -3 holders.
- The largest Upbound Group buyer in Q2 2022 was Fidelity Investments, an estimated $50.1M added.
- The largest Upbound Group seller in Q2 2022 was BlackRock, an estimated $31.3M sold.
Based on aggregated 13F filings for Q2 2022.