Upbound Group
UPBD
216 hedge funds and large institutions have $834M invested in Upbound Group in 2022 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 67 increasing their positions, 86 reducing their positions, and 34 closing their positions.
1% less funds holding
Funds holding: 218 → 216 (-2)
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
3.57% less ownership
Funds ownership: 83.88% → 80.31% (-3.6%)
14% less capital invested
Capital invested by funds: $966M → $834M (-$133M)
22% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 86
48% less call options, than puts
Call options by funds: $10M | Put options by funds: $19.4M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.5M |
| 2 |
EC
Engaged Capital
Newport Beach,
California
|
+$5.2M |
| 3 |
BFA
Bragg Financial Advisors
Charlotte,
North Carolina
|
+$3.73M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.51M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$12.1M |
| 2 |
Goldman Sachs
New York
|
-$10.4M |
| 3 |
Squarepoint
New York
|
-$8.61M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$8.08M |
| 5 |
Millennium Management
New York
|
-$6.56M |
UPBD Hedge Fund Activity: Q3 2022 in Review
216 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q3 2022, worth a combined $834M — down 14% from $966M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of UPBD and 33 opened new positions — a net loss of 1 holder — while 86 trimmed existing stakes and 67 added.
The largest buyer was Fidelity Investments, adding an estimated $23.5M. The largest seller was Citadel Advisors, cutting an estimated $12.1M.
- 216 institutional investors held Upbound Group (UPBD) as of Q3 2022, down from 218 in Q2 2022.
- Funds reported $834M of Upbound Group stock for Q3 2022, down 14% quarter-over-quarter.
- 33 funds opened new Upbound Group positions in Q3 2022 and 34 closed out, a net change of -1 holder.
- The largest Upbound Group buyer in Q3 2022 was Fidelity Investments, an estimated $23.5M added.
- The largest Upbound Group seller in Q3 2022 was Citadel Advisors, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2022.