Hedge Funds Adjust Positions in Uber Technologies Inc. for Q1 2025
Recent 13F filings for the reporting period ending on March 31, 2025, reveal that 12 hedge funds hold shares in Uber Technologies Inc. (Symbol: UBER). The concurrence among hedge fund managers prompts a deeper examination of their strategies.
It’s essential to note that 13F filings only disclose long positions to the SEC, not short positions. This means a fund could appear bullish based solely on long holdings while actually having a bearish stance through shorting. Such nuances can lead to an incomplete understanding of market sentiment regarding a stock.
Despite this limitation, analyzing groups of 13F filings can provide valuable insights, especially when comparing different reporting periods. Below is an overview of changes in UBER positions from this latest batch of filings:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Kidder Stephen W | NEW | +10,380 | +$756 |
| Vestor Capital LLC | Existing | +123,750 | +$9,059 |
| Redwood Park Advisors LLC | Existing | UNCH | +$4 |
| Venturi Wealth Management LLC | Existing | +17 | +$41 |
| SYM FINANCIAL Corp | Existing | –1,804 | +$22 |
| Granite Group Advisors LLC | NEW | +2,835 | +$207 |
| Dempze Nancy E | NEW | +7,975 | +$581 |
| AE Wealth Management LLC | Existing | +2,495 | +$2,075 |
| Blume Capital Management Inc. | Existing | +720 | +$2,107 |
| Abel Hall LLC | NEW | +3,312 | +$241 |
| Triumph Capital Management | Existing | –1,479 | –$6 |
| Convergence Investment Partners LLC | NEW | +7,675 | +$559 |
| Aggregate Change: | +155,876 | +$15,646 | |
In total, four funds increased their UBER positions from December 31, 2024, to March 31, 2025, while two decreased their positions and five took new positions. Notably, Black Swift Group LLC and City National Bank of Florida MSD exited their UBER holdings by March 31, 2025.
Aggregating data from all funds holding UBER as of March 31, 2025, we found that the overall share count decreased by 4,669,263 shares, dropping from 302,324,549 to 297,655,286. This represents a decline of approximately 1.54%. The top three funds holding UBER on March 31, 2025, were identified in this context.
As we continue to monitor the latest 13F filings, we will highlight notable trends and stories derived from the collective data across different periods. While individual filings can present a skewed view due to their long-only nature, the aggregated insights from multiple funds provide a more comprehensive perspective on stocks like Uber Technologies Inc. (Symbol: UBER).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
