Upstart Holdings, Inc.
Upstart Holdings, Inc. (UPST) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · UPST · as of Sep 30, 2025
Ownership Breakdown
488
Institutional Holders
▼ 1 vs Q2
$3.27B
Total Inst. Value
▼ $706.90M vs Q2
95.71M
Shares Outstanding
freeFloat 85.58%
64.87M
13F Shares Held
▲ 2.33M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
UPST largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC finance services | 8.24M | 8.63% | 8.63% | $418.63B | Nov 7, 2025 | ▼ 18.4K |
BLACKROCK, INC. finance services | 6.86M | 7.18% | 7.18% | $348.29B | Nov 12, 2025 | ▲ 87.5K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP finance services | 4.58M | 4.79% | 4.79% | $232.63B | Nov 14, 2025 | ▲ 2.42M |
JERICHO CAPITAL ASSET MANAGEMENT L.P. finance services | 4.48M | 4.69% | 4.69% | $227.63B | Nov 14, 2025 | ▲ 827.0K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP finance services | 4.11M | 4.31% | 4.31% | $208.95B | Nov 14, 2025 | ▲ 1.94M |
CITADEL ADVISORS LLC finance services | 3.99M | 4.18% | 4.18% | $202.62B | Nov 14, 2025 | ▲ 2.15M |
CITADEL ADVISORS LLC finance services | 3.04M | 3.18% | 3.18% | $154.37B | Nov 14, 2025 | ▲ 2.14M |
SLATE PATH CAPITAL LP finance services | 2.73M | 2.86% | 2.86% | $138.78B | Nov 14, 2025 | NEW |
STATE STREET CORP finance services | 2.05M | 2.15% | 2.15% | $104.21B | Nov 14, 2025 | ▼ 24.7K |
GEODE CAPITAL MANAGEMENT, LLC finance services | 2.04M | 2.14% | 2.14% | $103.74B | Nov 12, 2025 | ▲ 32.7K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
33
Increased
+20.72M shares5
New Positions
first time holders11
Decreased
−1.46M shares0
Sold Out
fully exitedNet shares change (top 50)
+19.26M
+20.72M / −1.46M
Net new holders
+27
5 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
UPST insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
5
Buy transactions
13
Sell transactions
0.38
Buy/Sell ratio
$1M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Wennes Timothy H director | May 29, 2026 | Award | 6,476 | — | — | 6.5K | Form 4 ↗ |
Terry Hilliard C. III director | May 29, 2026 | Award | 6,476 | — | — | 37.4K | Form 4 ↗ |
Hentges Mary director | May 29, 2026 | Award | 6,476 | — | — | 37.1K | Form 4 ↗ |
Bernard Peter J director | May 29, 2026 | Award | 6,476 | — | — | 11.4K | Form 4 ↗ |
Cooper Kerry Whorton director | May 29, 2026 | Award | 6,476 | — | — | 6.5K | Form 4 ↗ |
O'Kelly Ciaran director | May 29, 2026 | Award | 6,476 | — | — | 39.5K | Form 4 ↗ |
Mirgorodskaya Natalia See Remarks | May 26, 2026 | Sale | 974 | $28.99 | $28.2K | 37.4K | Form 4 ↗ |
Darling Scott Chief Legal Officer | May 20, 2026 | Sale | 6,634 | $28.78 | $190.9K | 88.7K | Form 4 ↗ |
Datta Sanjay President, Capital& Enterprise | May 20, 2026 | Sale | 7,985 | $28.77 | $229.7K | 328.6K | Form 4 ↗ |
Mirgorodskaya Natalia See Remarks | May 20, 2026 | Sale | 526 | $28.77 | $15.1K | 38.3K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Upstart Holdings, Inc. (UPST) is primarily owned by institutional investors, who hold approximately 67.8% of total shares outstanding. Company insiders own approximately 14.42%, while retail and public investors account for the remaining 17.80%.
The largest institutional shareholder of Upstart Holdings, Inc. is VANGUARD GROUP INC, holding approximately 8.24 million shares — equal to 8.63% of outstanding shares — as of September 30, 2025.
A total of 488 institutional investors currently hold UPST stock, with a combined institutional value of approximately $3.27 billion as of the most recent 13F filing period.
Frequently asked questions
UPST ownershipUpstart Holdings, Inc. (UPST) is primarily owned by institutional investors, who hold approximately 67.8% of shares. The largest shareholder is VANGUARD GROUP INC with a 8.63% stake. Company insiders hold 14.42%. Data sourced from SEC Form 13F as of September 30, 2025.