Upstart Holdings
UPST
291 hedge funds and large institutions have $1.08B invested in Upstart Holdings in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 91 increasing their positions, 72 reducing their positions, and 58 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 72
1.18% more ownership
Funds ownership: 43.71% → 44.88% (+1.2%)
5% less call options, than puts
Call options by funds: $444M | Put options by funds: $470M
4% less funds holding
Funds holding: 302 → 291 (-11)
17% less capital invested
Capital invested by funds: $1.3B → $1.08B (-$215M)
17% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 58
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.5M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
+$16.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.6M |
| 4 |
Two Sigma Investments
New York
|
+$12.1M |
| 5 |
FAM
Fred Alger Management
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$27.5M |
| 2 |
BlackRock
New York
|
-$14.1M |
| 3 |
Jane Street
New York
|
-$12.8M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$11M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$8.56M |
UPST Hedge Fund Activity: Q3 2023 in Review
291 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Upstart Holdings (UPST) for Q3 2023, worth a combined $1.08B — down 17% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of UPST and 48 opened new positions — a net loss of 10 holders — while 72 trimmed existing stakes and 91 added.
The largest buyer was Morgan Stanley, adding an estimated $30.5M. The largest seller was Bank of Montreal, cutting an estimated $27.5M.
- 291 institutional investors held Upstart Holdings (UPST) as of Q3 2023, down from 302 in Q2 2023.
- Funds reported $1.08B of Upstart Holdings stock for Q3 2023, down 17% quarter-over-quarter.
- 48 funds opened new Upstart Holdings positions in Q3 2023 and 58 closed out, a net change of -10 holders.
- The largest Upstart Holdings buyer in Q3 2023 was Morgan Stanley, an estimated $30.5M added.
- The largest Upstart Holdings seller in Q3 2023 was Bank of Montreal, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2023.