Upland Software
UPLD
58 hedge funds and large institutions have $123M invested in Upland Software in 2017 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 3 closing their positions.
900% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 3
270% more capital invested
Capital invested by funds: $33.2M → $123M (+$89.8M)
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
87% more funds holding
Funds holding: 31 → 58 (+27)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.58% more ownership
Funds ownership: 1.17% → 2.76% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$9.85M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$7.86M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$6.8M |
| 4 |
BlackRock
New York
|
+$6.36M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.23M |
| 2 |
Millennium Management
New York
|
-$769K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$626K |
| 4 |
Morgan Stanley
New York
|
-$426K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $44K | – | – | – |
|
|
AIM
52
Acrospire Investment Management
Chicago,
Illinois
| $44K | +$40.8K | +200 | New |
|
53
Legal & General Group
London,
United Kingdom
| $24K | +$21.8K | +107 | New |
|
54
BNP Paribas Financial Markets
Paris,
France
| $16.8K | +$15.5K | +76 | New |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| $14K | +$13.1K | +64 | New |
|
56
JP Morgan Chase
New York
| $8K | +$7.14K | +35 | New |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | +$1.84K | +9 | +900% |
|
|
DCM
58
Driehaus Capital Management
Chicago,
Illinois
| – | -$1.23M | -7,724 | Closed |
|
|
59
Millennium Management
New York
| – | -$769K | -4,837 | Closed |
|
|
60
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$626K | -3,937 | Closed |
|
61
Barclays
London,
United Kingdom
| – | -$157K | -770 | -100% |
|
UPLD Hedge Fund Activity: Q2 2017 in Review
58 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Upland Software (UPLD) for Q2 2017, worth a combined $123M — up 270% from $33.2M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new UPLD positions and 3 closed out — a net gain of 27 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $9.85M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $1.23M sold.
- 58 institutional investors held Upland Software (UPLD) as of Q2 2017, up from 31 in Q1 2017.
- Funds reported $123M of Upland Software stock for Q2 2017, up 270% quarter-over-quarter.
- 30 funds opened new Upland Software positions in Q2 2017 and 3 closed out, a net change of +27 holders.
- The largest Upland Software buyer in Q2 2017 was Park West Asset Management, an estimated $9.85M added.
- The largest Upland Software seller in Q2 2017 was Driehaus Capital Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q2 2017.