Upstart Holdings
UPST
279 hedge funds and large institutions have $1B invested in Upstart Holdings in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 82 increasing their positions, 97 reducing their positions, and 86 closing their positions.
3% less call options, than puts
Call options by funds: $364M | Put options by funds: $373M
5.26% less ownership
Funds ownership: 48.92% → 43.66% (-5.3%)
15% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 97
16% less funds holding
Funds holding: 334 → 279 (-55)
41% less capital invested
Capital invested by funds: $1.7B → $1B (-$701M)
62% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 86
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$42.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$22.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$9.46M |
| 4 |
FAM
Fred Alger Management
New York
|
+$6.87M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$40.2M |
| 2 |
D.E. Shaw & Co
New York
|
-$38.4M |
| 3 |
Two Sigma Investments
New York
|
-$30.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$26M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$25.8M |
UPST Hedge Fund Activity: Q1 2024 in Review
279 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Upstart Holdings (UPST) for Q1 2024, worth a combined $1B — down 41% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of UPST and 33 opened new positions — a net loss of 53 holders — while 97 trimmed existing stakes and 82 added.
The largest buyer was Susquehanna International Group, adding an estimated $42.1M. The largest seller was Jane Street, cutting an estimated $40.2M.
- 279 institutional investors held Upstart Holdings (UPST) as of Q1 2024, down from 334 in Q4 2023.
- Funds reported $1B of Upstart Holdings stock for Q1 2024, down 41% quarter-over-quarter.
- 33 funds opened new Upstart Holdings positions in Q1 2024 and 86 closed out, a net change of -53 holders.
- The largest Upstart Holdings buyer in Q1 2024 was Susquehanna International Group, an estimated $42.1M added.
- The largest Upstart Holdings seller in Q1 2024 was Jane Street, an estimated $40.2M sold.
Based on aggregated 13F filings for Q1 2024.