Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

UPSTART HLDGS INC (UPST)

432 + Investors. Track Smart Money conviction in UPST. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
2Q ▼
Buyers last Q
46%

Smart Money Signals — UPST

Based on 381 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their UPST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
381 funds currently hold this stock — 94% of the 3.0-year high of 407 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding UPST is almost the same as a year ago (-4 funds, -1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 46% buying

202 buying241 selling
Last quarter: 241 funds reduced or exited vs 202 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~74 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 57 → 80 → 73 → 74. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 24% medium ■ 23% new
204 out of 381 hedge funds have held UPST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~74 new funds/quarter

98 → 57 → 80 → 73 → 74 new funds/Q
New funds entering each quarter: 57 → 80 → 73 → 74. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 64% of holders stayed 2+ years

■ 64% veterans ■ 10% 1-2yr ■ 27% new
Of 432 current holders: 275 (64%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
36 of 381 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: UPST

How many hedge funds hold UPST — quarterly history vs. share price
Quarterly hedge fund ownership of UPST vs. share price

Market Analysis: UPST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UPST

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

50 top-rated funds 3 high-conviction
Consensus
7.4
/ 10
breadth
×
Elite
2.4
/ 10
conviction
Hedge Fund Positioning: UPST
2026 Q1 Stats Unlock in 20 days 432 + Investors

Track Smart Money conviction in UPST. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 432 457 -5.47%
13F Shares 82M 95M -13.84%
Total Value $3.58B $4.76B -24.85%
New Positions 75 78 -3
Increased Positions 187 222 -35
Closed Positions 96 86 +10
Reduced Positions 232 205 +27
Total Calls 28 31 -9.68%
Total Puts 31 39 -20.51%
PUT/CALL Ratio 1.11 1.26 Neutral

Statistics: UPST

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

432 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in UPST. Verified SEC 13F-HR filings.

Top 25 institutional holders of UPST — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Halter Ferguson Financial Inc. 8.26% 1,467,360 $37.6M
2 REX Advisers, LLC 2.19% 28,300 $726K
3 WMG Financial Advisors, LLC 0.28% 25,727 $660K
4 Integrated Financial Solutions, Inc. 0.26% 14,510 $372K
5 Intellectus Partners, LLC 0.14% 27,250 $699K
6 Kercheville Advisors, LLC 0.12% 15,000 $385K
7 REX Advisers, LLC 0.11% 56,600 $37K
8 TCI Wealth Advisors, Inc. 0.07% 48,389 $1.2M
9 Falcon Wealth Planning 0.05% 30,105 $772K
10 Gemmer Asset Management LLC 0.05% 25,393 $651K
11 PayPay Securities Corp 0.04% 39 $1K
12 Capital Advantage, Inc. 0.04% 11,625 $298K
13 REX Advisers, LLC 0.04% 56,600 $13K
14 Holos Integrated Wealth LLC 0.03% 2,041 $54K
15 Leonteq Securities AG 0.02% 19,510 $500K
16 Brooklyn Investment Group 0.02% 20,339 $522K
17 PFG Investments, LLC 0.02% 12,900 $331K
18 AMI ASSET MANAGEMENT CORP 0.01% 8,787 $225K
19 CONGRESS ASSET MANAGEMENT CO 0.01% 76,407 $2.0M
20 Composition Wealth, LLC 0.01% 38,218 $980K
21 Apollon Wealth Management, LLC 0.01% 30,910 $793K
22 SBI Securities Co., Ltd. 0.01% 17,751 $455K
23 Portman Square Capital LLP 0.01% 11,810 $303K
24 Private Advisor Group, LLC 0.01% 68,054 $1.7M
25 Marex Group plc 0.01% 12,379 $292K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — UPSTART HLDGS INC (UPST)

What does the Smart Money Trend signal show for UPST?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their UPST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for UPST?

More sellers than buyers — 46% buying: Last quarter: 241 funds reduced or exited vs 202 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for UPST holders?

Strong quality — 34% AUM from major funds: 36 of 381 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held UPST?

54% of holders stayed for 2+ years: 204 out of 381 hedge funds have held UPST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.