Upstart Holdings
UPST
265 hedge funds and large institutions have $471M invested in Upstart Holdings in 2023 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 78 increasing their positions, 64 reducing their positions, and 43 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 64
21% more capital invested
Capital invested by funds: $389M → $471M (+$81.9M)
9% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 43
0.5% more ownership
Funds ownership: 35.93% → 36.43% (+0.5%)
0% less funds holding
Funds holding: 266 → 265 (-1)
22% less call options, than puts
Call options by funds: $239M | Put options by funds: $306M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$21.5M |
| 2 |
Coatue Management
New York
|
+$14M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.78M |
| 4 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$3.68M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$55.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$3.85M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.6M |
| 4 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
-$2.05M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RBC
301
Romano Brothers & Co
Evanston,
Illinois
| – | -$251 | -19 | Closed |
|
|
RDFA
302
Ritter Daniher Financial Advisory
Cincinnati,
Ohio
| – | -$93 | -7 | Closed |
|
|
KTC
303
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$79 | -6 | Closed |
|
304
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$67 | +4 | New |
|
|
EA
305
Evolution Advisers
Richmond,
Virginia
| – | +$269 | +16 | New |
|
UPST Hedge Fund Activity: Q1 2023 in Review
265 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Upstart Holdings (UPST) for Q1 2023, worth a combined $471M — up 21% from $389M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new UPST positions and 43 closed out — a net gain of 4 holders — while 78 added to existing stakes and 64 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $21.5M. The largest seller was Morgan Stanley, cutting an estimated $55.4M.
- 265 institutional investors held Upstart Holdings (UPST) as of Q1 2023, down from 266 in Q4 2022.
- Funds reported $471M of Upstart Holdings stock for Q1 2023, up 21% quarter-over-quarter.
- 47 funds opened new Upstart Holdings positions in Q1 2023 and 43 closed out, a net change of +4 holders.
- The largest Upstart Holdings buyer in Q1 2023 was JP Morgan Chase, an estimated $21.5M added.
- The largest Upstart Holdings seller in Q1 2023 was Morgan Stanley, an estimated $55.4M sold.
Based on aggregated 13F filings for Q1 2023.