UPSTART HLDGS INC UPST 2 10.01.29
NOTE 2.000%10/0 · US DOMESTIC · CUSIP 91680MAD9
24
institutional holders
+0 vs Q1 2026
$404.7mprincipal reported held*
$442.2mreported value*
5 new
9 added
4 reduced
6 sold out
net sold ≈ $15.3m (-15.9k shares)
* 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. Holder counts are more reliable.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 21 |
| Q1 2026 | 24 |
| Q2 2026 | 24 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2026 | 13 | 11 |
| Q2 2026 | 14 | 10 |
Biggest buyers
| LAZARD ASSET MANAGEMENT LLC | Added | +28.8m |
| Mirabaud Asset Management (France) SAS | Added | +10.4m |
| D. E. Shaw & Co., Inc. | Added | +7.5m |
| LORD, ABBETT & CO. LLC | New | +4.2m |
| ADVENT CAPITAL MANAGEMENT /DE/ | Added | +4.0m |
| STATE STREET CORP | Added | +2.5m |
| BlackRock, Inc. | Added | +1.6m |
| Linden Advisors LP | Added | +1.5m |
| Universal- Beteiligungs- und Servicegesellschaft mbH | Added | +1.1m |
| TWO SIGMA INVESTMENTS, LP | Added | +500.0k |
Biggest sellers
| WHITEBOX ADVISORS LLC | Reduced | -23.5m |
| CITADEL ADVISORS LLC | Sold out | -14.0m |
| BNP PARIBAS FINANCIAL MARKETS | Sold out | -8.5m |
| JANE STREET GROUP, LLC | Sold out | -1.0m |
| LuminArx Capital Management LP | Sold out | -500.0k |
| MORGAN STANLEY | Sold out | -207.0k |
| FMR LLC | Reduced | -45.0k |
| SG Americas Securities, LLC | Reduced | -20.0k |
| NATIXIS | Sold out | -15.9k |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.0k |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Linden Advisors LP 1.06% of their portfolio | 178.1m $203.8m | Added +1.5m |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 49.9m $57.2m | Added +7.5m |
| WHITEBOX ADVISORS LLC 0.76% of their portfolio | 41.4m $47.2m | Reduced -23.5m |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 33.4m $381.9k | Added +28.8m |
| Mirabaud Asset Management (France) SAS 11.04% of their portfolio | 21.5m $24.5m | Added +10.4m |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.49% of their portfolio | 18.8m $21.6m | Added +4.0m |
| STATE STREET CORP 0.00% of their portfolio | 12.1m $13.8m | Added +2.5m |
| ARISTEIA CAPITAL, L.L.C. 0.22% of their portfolio | 12.0m $13.7m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 8.8m $10.1m | Added +1.6m |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 5.5m $6.3m | Added +500.0k |
| FMR LLC 0.00% of their portfolio | 4.8m $5.4m | Reduced -45.0k |
| LORD, ABBETT & CO. LLC 0.01% of their portfolio | 4.2m $4.9m | New |
| Nykredit A/S 0.01% of their portfolio | 4.0m $4.6m | First filing |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 2.9m $3.3m | Added +1.1m |
| Invesco Ltd. 0.00% of their portfolio | 2.5m $2.8m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 2.0m $2.3m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 924.0k $1.1m | Reduced -1.0k |
| Man Group plc 0.00% of their portfolio | 600.0k $676.2k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 450.0k $513.0k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 350.0k $398.9k | Unchanged |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 164.0k $185.6k | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 150.0k $17.1m | Reduced -20.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 54.0k $60.2k | New |
| Centiva Capital, LP 0.01% of their portfolio | 2.0k $228.9k | New |