Upbound Group
UPBD
218 hedge funds and large institutions have $1.52B invested in Upbound Group in 2023 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 71 increasing their positions, 78 reducing their positions, and 29 closing their positions.
1,296% more call options, than puts
Call options by funds: $5.85M | Put options by funds: $419K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
30% more capital invested
Capital invested by funds: $1.17B → $1.52B (+$348M)
7% more funds holding
Funds holding: 204 → 218 (+14)
1.62% more ownership
Funds ownership: 85.71% → 87.34% (+1.6%)
9% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
IEQ Capital
Foster City,
California
|
+$47.1M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$7.26M |
| 3 |
BlackRock
New York
|
+$4.94M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$4.28M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.3M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.86M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.18M |
UPBD Hedge Fund Activity: Q2 2023 in Review
218 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q2 2023, worth a combined $1.52B — up 30% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new UPBD positions and 29 closed out — a net gain of 15 holders — while 71 added to existing stakes and 78 trimmed.
The largest buyer was IEQ Capital, adding an estimated $47.1M. The largest seller was Fidelity Investments, cutting an estimated $27.3M.
- 218 institutional investors held Upbound Group (UPBD) as of Q2 2023, up from 204 in Q1 2023.
- Funds reported $1.52B of Upbound Group stock for Q2 2023, up 30% quarter-over-quarter.
- 44 funds opened new Upbound Group positions in Q2 2023 and 29 closed out, a net change of +15 holders.
- The largest Upbound Group buyer in Q2 2023 was IEQ Capital, an estimated $47.1M added.
- The largest Upbound Group seller in Q2 2023 was Fidelity Investments, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2023.