Upbound Group
UPBD
214 hedge funds and large institutions have $1.33B invested in Upbound Group in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 72 increasing their positions, 85 reducing their positions, and 26 closing their positions.
236% more call options, than puts
Call options by funds: $2.77M | Put options by funds: $824K
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
2% less funds holding
Funds holding: 218 → 214 (-4)
6.58% less ownership
Funds ownership: 87.34% → 80.76% (-6.6%)
12% less capital invested
Capital invested by funds: $1.52B → $1.33B (-$187M)
15% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 85
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$28.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.79M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.57M |
| 4 |
IP
Interval Partners
New York
|
+$4.51M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
IEQ Capital
Foster City,
California
|
-$67.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.3M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$10.4M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$7.73M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.32M |
UPBD Hedge Fund Activity: Q3 2023 in Review
214 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Upbound Group (UPBD) for Q3 2023, worth a combined $1.33B — down 12% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of UPBD and 25 opened new positions — a net loss of 1 holder — while 85 trimmed existing stakes and 72 added.
The largest buyer was Bank of America, adding an estimated $28.7M. The largest seller was IEQ Capital, cutting an estimated $67.4M.
- 214 institutional investors held Upbound Group (UPBD) as of Q3 2023, down from 218 in Q2 2023.
- Funds reported $1.33B of Upbound Group stock for Q3 2023, down 12% quarter-over-quarter.
- 25 funds opened new Upbound Group positions in Q3 2023 and 26 closed out, a net change of -1 holder.
- The largest Upbound Group buyer in Q3 2023 was Bank of America, an estimated $28.7M added.
- The largest Upbound Group seller in Q3 2023 was IEQ Capital, an estimated $67.4M sold.
Based on aggregated 13F filings for Q3 2023.