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Upstart Holdings

421 hedge funds and large institutions have $3.99B invested in Upstart Holdings in 2025 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 142 increasing their positions, 122 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 49

44% more capital invested

Capital invested by funds: $2.77B → $3.99B (+$1.22B)

20% more call options, than puts

Call options by funds: $764M | Put options by funds: $634M

16% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 122

9% more funds holding

Funds holding: 386421 (+35)

0.41% more ownership

Funds ownership: 64.25%64.66% (+0.41%)

Holders
421
Holders Change
+35
Holders Change %
+9.07%
% of All Funds
5.54%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.04%
New
86
Increased
142
Reduced
122
Closed
49
Calls
$764M
Puts
$634M
Net Calls
+$130M
Net Calls Change
+$115M
Name Holding Trade Value Shares
Change
Change in
Stake
WSFS
351
Wilmington Savings Fund Society
Delaware
$12.9K
DWM
352
Dogwood Wealth Management
Kansas
$12.6K
RIL
353
Rothschild Investment LLC
Illinois
$11K +$1.72K +35 +26%
PTC
354
Private Trust Company
Ohio
$10.7K +$1.27K +26 +19%
GM
355
GeoWealth Management
Illinois
$10.7K +$8.14K +166 New
HFS
356
Hopwood Financial Services
Virginia
$10.5K
GWSG
357
GPS Wealth Strategies Group
Colorado
$10.3K
T
358
Transce3nd
Texas
$10.1K
TSMHT
359
Thurston Springer Miller Herd & Titak
Indiana
$9.89K -$125K -2,546 -94%
ATC
360
Adirondack Trust Company
New York
$9.7K
PVI
361
Pine Valley Investments
New Jersey
$9.51K +$1.47K +30 +26%
AAP
362
Arax Advisory Partners
Colorado
$9.25K +$2.7K +55 +63%
FFO
363
Fortitude Family Office
Arizona
$8.41K -$15.1K -307 -70%
PWA
364
Physician Wealth Advisors
Utah
$6.92K -$343 -7 -6%
CMA
365
Cedar Mountain Advisors
Oregon
$6.47K
FFA
366
Frazier Financial Advisors
Ohio
$6.47K
HWA
367
Heritage Wealth Advisors
Virginia
$6.47K
MSG
368
Main Street Group
Virginia
$6.47K
TWD
369
True Wealth Design
Ohio
$5.3K +$1.13K +23 +39%
SC
370
SouthState Corp
Florida
$5.17K -$4.9K -100 -56%
BIG
371
Brooklyn Investment Group
New York
$4.4K +$883 +18 +36%
TWC
372
TD Waterhouse Canada
Ontario, Canada
$4.15K -$12.3K -250 -80%
EWA
373
EverSource Wealth Advisors
Alabama
$4.14K -$2.31K -47 -42%
PS
374
Principal Securities
Iowa
$4.01K +$3.04K +62 New
Bessemer Group
375
Bessemer Group
New Jersey
$4K

UPST Hedge Fund Activity: Q2 2025 in Review

421 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Upstart Holdings (UPST) for Q2 2025, worth a combined $3.99B — up 44% from $2.77B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new UPST positions and 49 closed out — a net gain of 37 holders — while 142 added to existing stakes and 122 trimmed.

The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $179M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $74.7M.

  • 421 institutional investors held Upstart Holdings (UPST) as of Q2 2025, up from 386 in Q1 2025.
  • Funds reported $3.99B of Upstart Holdings stock for Q2 2025, up 44% quarter-over-quarter.
  • 86 funds opened new Upstart Holdings positions in Q2 2025 and 49 closed out, a net change of +37 holders.
  • The largest Upstart Holdings buyer in Q2 2025 was Jericho Capital Asset Management, an estimated $179M added.
  • The largest Upstart Holdings seller in Q2 2025 was BNP Paribas Financial Markets, an estimated $74.7M sold.

Based on aggregated 13F filings for Q2 2025.