Upstart Holdings
UPST
340 hedge funds and large institutions have $1.45B invested in Upstart Holdings in 2026 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 126 increasing their positions, 100 reducing their positions, and 99 closing their positions.
30% more call options, than puts
Call options by funds: $330M | Put options by funds: $254M
26% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 100
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8.76% less ownership
Funds ownership: 66.46% → 57.7% (-8.8%)
13% less funds holding
Funds holding: 393 → 340 (-53)
47% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 99
49% less capital invested
Capital invested by funds: $2.83B → $1.45B (-$1.37B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$96M |
| 2 |
HFF
Halter Ferguson Financial
Carmel,
Indiana
|
+$37M |
| 3 |
Coatue Management
New York
|
+$30.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$29.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$219M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$71.5M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
-$38.6M |
| 4 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
-$38.5M |
| 5 |
MG
Marex Group
London,
|
-$37.4M |
UPST Hedge Fund Activity: Q1 2026 in Review
340 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Upstart Holdings (UPST) for Q1 2026, worth a combined $1.45B — down 49% from $2.83B a quarter earlier.
Sellers outnumbered buyers: 99 funds closed out of UPST and 52 opened new positions — a net loss of 47 holders — while 100 trimmed existing stakes and 126 added.
The largest buyer was Marshall Wace, adding an estimated $96M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $219M sold.
- 340 institutional investors held Upstart Holdings (UPST) as of Q1 2026, down from 393 in Q4 2025.
- Funds reported $1.45B of Upstart Holdings stock for Q1 2026, down 49% quarter-over-quarter.
- 52 funds opened new Upstart Holdings positions in Q1 2026 and 99 closed out, a net change of -47 holders.
- The largest Upstart Holdings buyer in Q1 2026 was Marshall Wace, an estimated $96M added.
- The largest Upstart Holdings seller in Q1 2026 was Jericho Capital Asset Management, an estimated $219M sold.
Based on aggregated 13F filings for Q1 2026.