Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Upstart Hldgs Inc (UPST)

363 + 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
↑ +29
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — UPST

Based on 374 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added UPST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
374 funds currently hold this stock — 88% of the 3.0-year high of 423 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
49 fewer hedge funds hold UPST compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 57% buying

221 buying165 selling
Last quarter: 221 funds bought or added vs 165 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+28 vs last Q)

new funds entering per quarter
Funds opening a new UPST position: 77 → 76 → 54 → 82. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 22% medium ■ 20% new
217 out of 374 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.
💰

Value +41% but shares only +6% — price-driven

Value
+40%
Shares
+5%
Last quarter: the total dollar value of institutional holdings rose +41%, but actual share count only changed +6%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~82 new funds/quarter

83 → 77 → 76 → 54 → 82 new funds/Q
New funds entering each quarter: 77 → 76 → 54 → 82. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 21% newcomers

■ 66% veterans ■ 13% 1-2yr ■ 21% new
Entry-cohort mix of 417 holders: 276 (66%) are 2+ year veterans, 55 entered 1–2 years ago, and 86 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
54 of 368 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in UPST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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.

Institutional Sentiment Summary — UPST

In 2026 Q2, 221 hedge funds were net buyers of UPST (82 opened a new position, 139 added to an existing one), while 165 reduced or exited (112 trimmed, 53 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 55% of total institutional value in UPST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +29 funds (more new holders than closures). Total institutional holders: 374.

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

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

16 top-rated funds 3 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: UPST
363 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 363 345 5.22%
13F Shares 76M 75M 1.18%
Total Value $2.64B $1.94B 35.98%
New Positions 80 54 +26
Increased Positions 121 129 -8
Closed Positions 56 103 -47
Reduced Positions 100 98 +2
Total Calls 24 24 -
Total Puts 25 27 -7.41%
PUT/CALL Ratio 1.04 1.12 Neutral

Statistics: UPST

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

363 + investors

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

QUARTER:
Top 25 UPST holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Halter Ferguson Financial Inc. 10.03% 1,748,119 $61.9M
2 Hidden Lake Asset Management LP 3.00% 281,614 $10.0M
3 Blue Jean Financial LLC 2.54% 103,049 $3.7M
4 Gator Capital Management, LLC 1.20% 161,490 $5.7M
5 Sandler Capital Management 1.09% 61,900 $2.2M
6 Rare Wolf Capital LLC 0.59% 25,925 $919K
7 Odyssean, LLC 0.46% 80,393 $2.8M
8 Headlands Technologies LLC 0.43% 113,300 $4.0M
9 Manchester Capital Management LLC 0.29% 63,072 $2.2M
10 Fairbanks Capital Management, Inc. 0.27% 12,800 $454K
11 Intellectus Partners, LLC 0.17% 27,250 $965K
12 Clear Street Group Inc. 0.16% 1,829,063 $64.8M
13 Synergy Financial Group, LTD 0.16% 6,374 $226K
14 Kercheville Advisors, LLC 0.16% 15,000 $531K
15 Jump Financial, LLC 0.16% 262,327 $12.1M
16 Havemeyer Place LP 0.16% 45,013 $1.6M
17 WMG Financial Advisors, LLC 0.14% 10,327 $366K
18 Qsemble Capital Management, LP 0.13% 28,317 $1.0M
19 Capital Fund Management S.A. 0.13% 800,994 $28.4M
20 Polymer Capital Management (US) LLC 0.12% 26,590 $942K
21 CenterBook Partners LP 0.12% 67,318 $2.4M
22 Kera Capital Partners, Inc. 0.11% 33,480 $1.2M
23 Edgestream Partners, L.P. 0.09% 82,146 $2.9M
24 TCI Wealth Advisors, Inc. 0.08% 52,706 $1.9M
25 Aquatic Capital Management LLC 0.08% 64,545 $2.3M
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?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added UPST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for UPST?

Slight buying edge — 57% buying: Last quarter: 221 funds bought or added vs 165 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for UPST holders?

Elite ownership — 55% AUM from top-100 funds: 54 of 368 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in UPST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held UPST?

58% of holders stayed for 2+ years: 217 out of 374 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.

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