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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
TI
101
Trexquant Investment
Connecticut
$2.92M -$21.2M -431,503 -91%
Bank of Nova Scotia
102
Bank of Nova Scotia
Ontario, Canada
$2.9M -$3.2M -65,242 -59%
IIM
103
INTECH Investment Management
Florida
$2.84M -$1.48M -30,230 -41%
BNP Paribas Financial Markets
104
BNP Paribas Financial Markets
France
$2.84M -$74.7M -1,522,662 -97%
MCM
105
Manchester Capital Management
Vermont
$2.79M -$13.2K -269 -0.6%
MML Investors Services
106
MML Investors Services
Massachusetts
$2.75M +$170K +3,476 +9%
Cambridge Investment Research Advisors
107
Cambridge Investment Research Advisors
Iowa
$2.73M +$1.1M +22,444 +113%
MMEA
108
Main Management ETF Advisors
California
$2.7M +$33.5K +684 +2%
Mariner
109
Mariner
Kansas
$2.68M +$528K +10,776 +35%
State of New Jersey Common Pension Fund D
110
State of New Jersey Common Pension Fund D
New Jersey
$2.67M +$619K +12,617 +44%
MMA
111
Miracle Mile Advisors
California
$2.62M +$539 +11 +0%
SCM
112
SCS Capital Management
Massachusetts
$2.59M
TSWM
113
Tyler-Stone Wealth Management
Ohio
$2.56M -$745K -15,200 -28%
CBA
114
Coastal Bridge Advisors
Connecticut
$2.49M +$1.89M +38,467 New
B
115
Bailard
California
$2.48M -$17.1K -349 -0.9%
ZIM
116
Zacks Investment Management
Illinois
$2.48M -$29.2K -595 -2%
Los Angeles Capital Management
117
Los Angeles Capital Management
California
$2.4M -$114K -2,321 -6%
Janus Henderson Group
118
Janus Henderson Group
United Kingdom
$2.36M
GCWM
119
Guided Capital Wealth Management
Texas
$2.36M +$29.9K +609 +2%
GC
120
Gillson Capital
Illinois
$2.26M +$1.72M +35,000 New
SPS
121
Susquehanna Portfolio Strategies
Pennsylvania
$2.21M +$1.67M +34,112 New
Envestnet Asset Management
122
Envestnet Asset Management
Illinois
$2.2M -$769K -15,673 -32%
TWA
123
TCI Wealth Advisors
Arizona
$2.16M -$209K -4,265 -11%
CM
124
Castleark Management
Illinois
$2.15M +$1.63M +33,200 New
Dimensional Fund Advisors
125
Dimensional Fund Advisors
Texas
$2.09M +$4.27K +87 +0.3%

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.