THREDUP INC TDUP
CL A · Common Stock · CUSIP 88556E102
- SectorConsumer discretionary
- IndustryRetail-Catalog & Mail-Order Houses
- HeadquartersOakland, CA
- Founded2009
- Websitethredup.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($175.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.85. Options: 7 managers hold calls ($2.0m notional), 4 hold puts ($961.7k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 109 |
| Q4 2022 | 82 |
| Q1 2023 | 90 |
| Q2 2023 | 90 |
| Q3 2023 | 107 |
| Q4 2023 | 107 |
| Q1 2024 | 100 |
| Q2 2024 | 101 |
| Q3 2024 | 92 |
| Q4 2024 | 92 |
| Q1 2025 | 115 |
| Q2 2025 | 163 |
| Q3 2025 | 177 |
| Q4 2025 | 190 |
| Q1 2026 | 176 |
| Q2 2026 | 181 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 42 | 44 |
| Q4 2024 | 44 | 36 |
| Q1 2025 | 59 | 34 |
| Q2 2025 | 119 | 37 |
| Q3 2025 | 117 | 77 |
| Q4 2025 | 112 | 70 |
| Q1 2026 | 97 | 96 |
| Q2 2026 | 109 | 72 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $10.4m | $2.3m | 0.22 |
| Q4 2025 | $5.2m | $1.4m | 0.27 |
| Q1 2026 | $539.2k | $345.1k | 0.64 |
| Q2 2026 | $2.0m | $961.7k | 0.49 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +4.1m |
| BlackRock, Inc. | Added | +2.7m |
| Divisadero Street Capital Management, LP | Added | +2.6m |
| GILDER GAGNON HOWE & CO LLC | Added | +1.8m |
| D. E. Shaw & Co., Inc. | Added | +1.7m |
| READYSTATE ASSET MANAGEMENT LP | Added | +1.0m |
| GOLDMAN SACHS GROUP INC | Added | +973.2k |
| NEEDHAM INVESTMENT MANAGEMENT LLC | Added | +900.0k |
| GMT Capital Corp | Added | +584.6k |
| Nuveen, LLC | Added | +566.8k |
Biggest sellers
| Qube Research & Technologies Ltd | Reduced | -2.0m |
| MARSHALL WACE, LLP | Reduced | -1.4m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.2m |
| Squarepoint Ops LLC | Reduced | -1.2m |
| FMR LLC | Reduced | -936.7k |
| Trexquant Investment LP | Reduced | -931.8k |
| FEDERATED HERMES, INC. | Reduced | -915.8k |
| CITADEL ADVISORS LLC | Reduced | -759.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -747.6k |
| UBS Group AG | Reduced | -679.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $696.0k101.6k shares |
| CITADEL ADVISORS LLC | Reduced | $375.4k54.8k shares |
| IMC-Chicago, LLC | Added | $304.1k44.4k shares |
| JANE STREET GROUP, LLC | New | $245.2k35.8k shares |
| Axim Planning & Wealth | New | $183.6k268 shares |
| SIMPLEX TRADING, LLC | Added | $126.7k18.5k shares |
| GROUP ONE TRADING LLC | Added | $29.5k4.3k shares |
Biggest puts
| Crawford Fund Management, LLC | Added | $856.9k125.1k shares |
| CITADEL ADVISORS LLC | New | $97.3k14.2k shares |
| GROUP ONE TRADING LLC | Added | $4.1k600 shares |
| SIMPLEX TRADING, LLC | Reduced | $3.4k500 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| NEEDHAM INVESTMENT MANAGEMENT LLC 13G · passive investor +2.6 pts · filed 2026-05-14 | 8.7% |
| Highland Management Partners VIII Limited Partnership 13G · exempt (held before listing) filed 2025-02-14 | 8.6% |
| Capital World Investors 13G · institution -1.0 pts · filed 2026-02-13 | 8.4% |
| Highland Capital Partners VIII Limited Partnership 13G · exempt (held before listing) filed 2026-02-11 | 7.3% |
| BlackRock, Inc. 13G · institution filed 2026-01-21 | 7.3% |
| Reinhart James G. 13G · exempt (held before listing) -1.0 pts · filed 2025-11-04 | 6.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 2 | $459.1k | 1 | $217.2k | $217.2k |
| Q1 2025 | 1 | $15.0k | 1 | $12.1m | $12.1m |
| Q2 2025 | 0 | — | 2 | $9.6m | $3.2m |
| Q3 2025 | 0 | — | 3 | $8.3m | — |
| Q4 2025 | 1 | $522.6k | 3 | $7.0m | — |
| Q1 2026 | 1 | $49.1k | 3 | $1.3m | — |
| Q2 2026 | 0 | — | 3 | $1.2m | — |
| Q3 2026 | 0 | — | 3 | $711.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-02 | Reinhart James G. Chief Executive Officer, director | Sold | $441.3k171.1k shares |
| 2026-09-02 | Homer Christopher Chief Operating Officer | Sold | $155.4k60.2k shares |
| 2026-09-02 | Sobers Sean Chief Financial Officer | Sold | $115.0k44.6k shares |
| 2026-06-02 | Reinhart James G. Chief Executive Officer, director | Sold | $774.8k174.9k shares |
| 2026-06-02 | Homer Christopher Chief Operating Officer | Sold | $272.8k61.6k shares |
| 2026-06-02 | Sobers Sean Chief Financial Officer | Sold | $201.8k45.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 11.0m $75.1m | Added +2.7m |
| NEEDHAM INVESTMENT MANAGEMENT LLC 2.10% of their portfolio | 10.2m $69.7m | Added +900.0k |
| Capital World Investors 0.01% of their portfolio | 8.9m $61.2m | Added +232.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 5.2m $35.3m | Added +4.1m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.5m $30.7m | Added +114.1k |
| GILDER GAGNON HOWE & CO LLC 0.29% of their portfolio | 4.1m $28.4m | Added +1.8m |
| Divisadero Street Capital Management, LP 0.58% of their portfolio | 3.6m $24.9m | Added +2.6m |
| MARSHALL WACE, LLP 0.02% of their portfolio | 3.5m $24.1m | Reduced -1.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 3.4m $23.0m | Added +389.9k |
| STATE STREET CORP 0.00% of their portfolio | 3.2m $22.1m | Added +126.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.1m $20.9m | Added +973.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.7m $18.4m | Added +331.2k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.3m $15.6m | Reduced -176.0k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 2.3m $15.6m | Added +50.1k |
| BLAIR WILLIAM & CO/IL 0.04% of their portfolio | 2.2m $15.0m | Added +113.2k |
| FMR LLC 0.00% of their portfolio | 2.1m $14.6m | Reduced -936.7k |
| CI INVESTMENTS INC. 0.04% of their portfolio | 2.0m $13.9m | Added +219.0k |
| Nuveen, LLC 0.00% of their portfolio | 1.9m $12.8m | Added +566.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.8m $12.4m | Added +1.7m |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 1.7m $11.8m | Reduced -1.2m |
| Woodson Capital Management, LP 1.79% of their portfolio | 1.6m $10.7m | Reduced -136.2k |
| READYSTATE ASSET MANAGEMENT LP 0.42% of their portfolio | 1.5m $10.3m | Added +1.0m |
| BloombergSen Inc. 1.04% of their portfolio | 1.4m $9.3m | Unchanged |
| GMT Capital Corp 0.46% of their portfolio | 1.3m $8.8m | Added +584.6k |
| FIL Ltd 0.01% of their portfolio | 1.2m $8.6m | Added +250.0k |
| Zweig-DiMenna Associates LLC 0.72% of their portfolio | 1.2m $7.9m | Reduced -300.5k |
| Archon Capital Management LLC 2.86% of their portfolio | 1.0m $7.0m | Reduced -210.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 975.4k $6.7m | Added +96.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 935.9k $6.4m | Reduced -747.6k |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 885.8k $6.1m | Reduced -66.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 884.3k $6.1m | Added +84.3k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 0.08% of their portfolio | 880.0k $6.0m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 838.4k $5.7m | Reduced -573.2k |
| Onex Canada Asset Management Inc. 0.83% of their portfolio | 784.2k $5.4m | Reduced -78.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 781.9k $5.4m | Reduced -213.6k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 763.2k $5.2m | Reduced -2.0m |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 732.7k $5.0m | Added +28.4k |
| UBS Group AG 0.00% of their portfolio | 692.7k $4.7m | Reduced -679.4k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 661.0k $4.5m | Added +16.8k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.22% of their portfolio | 493.9k $3.4m | Added +453.7k |
| Squarepoint Ops LLC 0.01% of their portfolio | 452.3k $3.1m | Reduced -1.2m |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 389.8k $2.7m | Added +318.2k |
| Trexquant Investment LP 0.02% of their portfolio | 386.4k $2.6m | Reduced -931.8k |
| Man Group plc 0.00% of their portfolio | 343.8k $2.4m | Added +107.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 321.8k $2.2m | Added +19.2k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 310.7k $2.1m | Reduced -141.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 246.3k $1.7m | Reduced -133.4k |
| Mariner, LLC 0.00% of their portfolio | 244.1k $1.7m | Added +217.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 212.8k $1.5m | Added +80.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 203.4k $1.4m | Reduced -759.9k |
| Swiss National Bank 0.00% of their portfolio | 202.8k $1.4m | Added +11.4k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 196.2k $1.3m | Reduced -915.8k |
| Cerity Partners LLC 0.00% of their portfolio | 194.8k $1.3m | Added +159.4k |
| MORGAN STANLEY 0.00% of their portfolio | 178.5k $1.2m | Reduced -480.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 169.6k $1.2m | Added +57.0k |
| PEAK6 LLC 0.03% of their portfolio | 164.1k $1.1m | Reduced -13.0k |
| DIKER MANAGEMENT LLC 0.85% of their portfolio | 160.6k $1.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 149.8k $1.0m | Reduced -195.6k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 148.7k $1.0m | Added +119.0k |
| Creative Planning 0.00% of their portfolio | 146.1k $1.0m | Added +101.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 140.0k $958.8k | Added +47.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 124.9k $855.7k | Added +12.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 115.8k $793.4k | Reduced -61.8k |
| Invesco Ltd. 0.00% of their portfolio | 115.3k $790.1k | Added +31.6k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 113.0k $674.4k | Added +90.9k |
| Byrne Asset Management LLC 0.41% of their portfolio | 110.0k $753.5k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 107.3k $734.8k | Added +26.6k |
| Inspire Investing, LLC 0.03% of their portfolio | 100.5k $688.5k | Reduced -57.7k |
| Axim Planning & Wealth 0.97% of their portfolio | 100.2k $686.4k | Added +22.9k |
| ALGERT GLOBAL LLC 0.01% of their portfolio | 90.3k $618.5k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 89.5k $293.6k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 87.6k $599.7k | Added +17.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 86.4k $593.0k | Added +18.0k |
| CITIGROUP INC 0.00% of their portfolio | 84.1k $576.1k | Added +57.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 82.7k $566.0k | Reduced -18.4k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 82.4k $564.6k | Added +58.8k |
| POLEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 75.3k $515.7k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 69.6k $477.0k | New |
| Simplicity Wealth,LLC 0.02% of their portfolio | 64.9k $444.7k | Added +2.2k |
| XTX Topco Ltd 0.01% of their portfolio | 63.7k $436.6k | Reduced -374.7k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 63.6k $435.5k | New |
| Utah Retirement Systems 0.00% of their portfolio | 63.2k $433.2k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 62.8k $430.0k | Added +23.4k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 61.6k $422.3k | Added +48.5k |
| LVW Advisors, LLC 0.04% of their portfolio | 60.9k $417.3k | Added +22.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 59.1k $413.8k | Added +13.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 58.9k $403.5k | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 55.6k $380.7k | Reduced -103.4k |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 53.8k $368.4k | Added +4.3k |
| Empowered Funds, LLC 0.00% of their portfolio | 53.0k $362.8k | Reduced -355.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 51.1k $349.8k | Reduced -23.9k |
| LEVIN CAPITAL STRATEGIES, L.P. 0.02% of their portfolio | 50.0k $342.5k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 48.3k $330.5k | Added +1.1k |
| SG Americas Securities, LLC 0.00% of their portfolio | 47.6k $326.0k | Reduced -3.2k |
| WINTON GROUP Ltd 0.01% of their portfolio | 46.7k $320.2k | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 45.1k $307.1k | New |
| Quantbot Technologies LP 0.01% of their portfolio | 40.3k $276.3k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 40.1k $275.0k | Unchanged |
| Jupiter Topco LLC 0.00% of their portfolio | 39.3k $269.2k | First filing |
| Chicago Partners Investment Group LLC 0.00% of their portfolio | 39.0k $223.6k | Added +14.8k |