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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
US Bancorp
201
US Bancorp
Minnesota
$622K +$2.21K +45 +0.5%
PCIA
202
Prime Capital Investment Advisors
Kansas
$620K -$93.3K -1,902 -17%
PFS
203
Prospera Financial Services
Texas
$608K +$461K +9,403 New
AWS
204
Atria Wealth Solutions
New York
$604K +$47.3K +964 +12%
Janney Montgomery Scott
205
Janney Montgomery Scott
Pennsylvania
$603K -$260K -5,295 -36%
Optiver Holding
206
Optiver Holding
Netherlands
$599K +$454K +9,266 New
DM
207
Diker Management
New York
$582K +$441K +9,000 New
QCM
208
QRG Capital Management
Illinois
$567K +$129K +2,630 +43%
Jones Financial Companies
209
Jones Financial Companies
Missouri
$558K +$100K +2,047 +30%
AIP
210
Ameritas Investment Partners
Nebraska
$556K +$29.4K +600 +8%
ECM
211
EMC Capital Management
Texas
$556K +$172K +3,500 +69%
SO
212
STRS Ohio
Ohio
$543K +$157K +3,200 +62%
PWP
213
Pursue Wealth Partners
California
$542K +$411K +8,384 New
Wealth Enhancement Advisory Services
214
Wealth Enhancement Advisory Services
Minnesota
$534K -$269K -5,482 -43%
CS
215
Candriam SCA
Luxembourg
$527K +$400K +8,154 New
State of Wisconsin Investment Board
216
State of Wisconsin Investment Board
Wisconsin
$527K -$265K -5,403 -40%
Neuberger Berman Group
217
Neuberger Berman Group
New York
$524K +$45.5K +928 +13%
Russell Investments Group
218
Russell Investments Group
United Kingdom
$520K +$197K +4,021 +100%
OIA
219
OneDigital Investment Advisors
Kansas
$520K +$394K +8,033 New
SFWC
220
Strategic Family Wealth Counselors
New Jersey
$517K
AWA
221
Arete Wealth Advisors
Illinois
$516K +$391K +7,984 New
IWC
222
Integrated Wealth Concepts
Massachusetts
$503K +$154K +3,149 +68%
IA
223
Inspire Advisors
Idaho
$497K +$3.29K +67 +0.9%
IP
224
Intellectus Partners
California
$483K +$30K +612 +9%
PIA
225
Prakash Investment Advisors
Massachusetts
$478K -$2.45K -50 -0.5%

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.